Big Data is yet another revolutionary technology that has made its way into the offline retail spaceWhen online shopping came into the picture, many predicted death chimes for the brick-and-mortar stores.

When it comes to shopping, millennial’s are looking for a unified and seamless experience across multiple channels; brick and mortar stores, ecommerce platforms or mobile apps.

The level of experience and excitement these millennial’s customers are expecting now is the new norm even for retail brands in tier-2/3/4 cities.

Witnessing their success, offline stores too are following the trend by implementing these immersive technologies to redefine convenience for consumers.

This is facilitating a seamless retail experience to the consumers even in small towns and cities. | To read full story, visit https://startuparound.com/read/1584183610.170398/Brick-And-Mortar-Stores-Are-Evolving:-Millennial’s-Are-The-Biggest-Supporters-Of-Value-Retail-Chains?ref=audio_experience

After Chennai-based record label Lahari Recording Company and Gulshan Kumar-founded T Series filed an FIR against ShareChat accusing the company of copyright violation, the Bengaluru-based Indian regional language social platform has found support from IAMAI in its legal fight.

The FIR which is based on a complaint by Lahari Recording Company for alleged copyright violation goes against the safe harbour provisions enjoyed by digital intermediary platforms,” IAMAI said.

Lahari Recording Company has alleged that ShareChat allowed its users to download copyrighted music content without the consent of the company.

Inc42 has reached out to Lahari Recording Company to seek a response.

In this case, ShareChat is the intermediary and the users uploading and downloading uncopyrighted music are the third parties, IAMAI alleged. | To read full story, visit https://startuparound.com/read/1584181806.4791207/IAMAI-Backs-ShareChat-In-Copyright-Violation-Case?ref=audio_experience

From the shared love of cricket to the large Indian diaspora that calls the UK capital home, London and India have always had strong economic and cultural ties.

With the rapid growth of the startup ecosystem in cities such as Bengaluru, New Delhi, and Hyderabad, we’ve seen an increase in high-flying Indian tech companies looking to London as a great option to scale quickly.

According to the 2019 India Meets Britain Tracker report from Grant Thornton, London continues to be the preferred location for more than half (53 percent) of the 62 fastest growing Indian companies.

Last year, London attracted tech investment of $9.7 billion, becoming the undisputed tech capital.

So why do Indian tech companies keep looking to London as a launchpad to access Europe and beyond? | To read full story, visit https://startuparound.com/read/1584180010.381173/Why-London-is-a-launchpad-for-Indian-tech-startups?ref=audio_experience

NEW DELHI: Home services marketplace Urban Company on Saturday said it has rolled out Covid-19 health insurance and income protection cover for 30,000 service professionals active on its platform in India.This will be in addition to the existing life, accidental and health insurance plans provided by Urban Company to its professionals, it added.

"Under this new insurance cover, service professionals are offered a hospitalisation cover of up to Rs 25,000 and income protection cover of up to Rs 14,000 in the event of hospitalisation due to positive diagnosis of coronavirus ," it said in a statement.Urban Company will extend insurance cover to all service professionals across all the 18 cities in India where it is present.

"We are committed to helping our service partners live a secure life.

These are unprecedented times and we want to stand by our partners,"Urban Company co-founder Abhiraj Singh Bhal said.He added the company is training its service partners on how to maintain hygiene, the right technique of washing their hands, and the use of respiratory masks and gloves.Urban Company (formerly called UrbanClap) is also actively engaging with consumers on Covid-19 awareness initiatives, ranging from SMSes, e-mails to app notifications.The company said it has issued an advisory to all its full-time employees across geographies to safeguard themselves and their families from coronavirus.This includes mandatory work from home, zero travel policy (whether business or personal) and other precautionary measures, it added.Over 83 people (including 17 foreign nationals) have tested positive for coronavirus in India.The pandemic -- which started in Wuhan, China -- has infected over 1.31 lakh people in 116 countries and territories and claimed more than 4,900 lives. | To read full story, visit https://startuparound.com/read/1584178205.2668278/Urban-Company-to-offer-Covid-19-health-insurance,-income-protection-cover-to-professionals?ref=audio_experience

Social ecommerce startup Shop101 is raising INR 28.69 Cr in its ongoing Series C funding round from Stellaris Venture Partners India, Unilever Venture Holdings, Kalaari Capital Partners, and VY Capital Holdings Limited.

According to the ministry of corporate affairs (MCA) filings accessed by Inc42, Shop101 is raising INR 13.67 Cr from VY Capital, INR 9.1 Cr from Unilever Venture, INR 4.5 Cr from Kalaari Capital, and 1.36 Cr from Stellaris Venture Partners India.

As part of this transaction, Shop101 is issuing 79,434 preference shares to VY Capital, 52,956 preference shares to Unilever Venture, 26,478 preference shares to Kalaari Capital, and 7,944 preference shares to Stellaris Venture Partners India.

Overall, the social commerce startup is issuing 1,66,812 preference shares at a premium of INR 1620 per share with a face value of INR 100.

With increased sales of these platforms, many companies have also added social commerce feature to their platforms. | To read full story, visit https://startuparound.com/read/1584176405.3567557/Shop101-Raising-INR-29-Cr-In-Ongoing-Series-C-Round?ref=audio_experience

How real is the feedback you’re getting from people on your startup?

Are they asking you the tough questions or are they telling you just what you want to hear?

Hear from Kunal Shah, co-founder @ CRED & Freecharge, on why he believes that Indian startups have a problem of sugarcoated feedback on our latest episode of NextBigWhat Radio.

Earlier I used to come to UnPluggd Conference and ask hard, tough questions to founders and they used to think I’m a jerk.

But the fact is that two years down the line the same tough questions will slap you in the face.”Get NextBigWhat Podcast: We bring you actionable perspectives. | To read full story, visit https://startuparound.com/read/1584174707.6173348/Indian-Startups-Have-A-Massive-Problem-Of-Sugarcoated-Feedback:-Kunal-Shah?ref=audio_experience

Government Officials Data ExposedInc42 independently verified the unsecured database through cybersecurity expert Rajshehkar Rajaharia.

Besides students, personal data related to parents and teachers registered on Skolaro was also available on the database.

It must be noted that there’s no evidence that this data has been obtained by third-parties at this time.

Suchowski and Inc42 contacted Skolaro independently to report the potential for data leak from its platform.

At the moment, data protection laws do not cover instances of data of minors being stored in an unsecured manner. | To read full story, visit https://startuparound.com/read/1584172804.712985/Exclusive:-Edtech-Startup-Skolaro-Leaks-Data-Of-Over-50K-Indian-Children?ref=audio_experience

And here is my attempt at retelling Reddit’s early history in as brief as I can.

Idea To MVP: No Users After The First Month Of LaunchThey built the prototype and launched it within 20 days.

But the first couple of hundred users that Reddit got, were not just any users.

This is interesting as when Reddit was started, metrics such as DAU/MAU were not very popular.

high schools in North Carolina and Silicon Valley) they go from 2000 users to 20,000 users in a month. | To read full story, visit https://startuparound.com/read/1584171005.996202/Product-Stories:-Reddit-And-The-Story-Of-Zero-Users-In-Its-First-Month?ref=audio_experience

The government has notified the Yes Bank reconstruction scheme as per which the moratorium on the troubled private sector lender will be lifted on March 18.

The Yes Bank Reconstruction Scheme 2020 shall come into force on March 13, the gazette notification said.

On March 5, the Reserve Bank of India (RBI) had put a moratorium on Yes Bank restricting withdrawals to Rs 50,000 per depositor until April 3.

After Yes Bank was placed under a moratorium, digital payments were impacted as PhonePe, which depends on the bank for its transactions, could not operate.

Other fintech operators who rely on Yes Bank to settle their transactions were also down. | To read full story, visit https://startuparound.com/read/1584169205.8563418/Moratorium-on-Yes-Bank-to-be-lifted-on-March-18?ref=audio_experience

It should then come as no surprise that several national and global events have been either cancelled or postponed to a later date.

After all, ‘Prevention is better than cure.’Here's a list of events that were either cancelled or postponed to a later date due to the coronavirus outbreak.

Tennis: The BNP Paribas Open, to be held at Indian Wells, California, has also been cancelled due to the coronavirus outbreak.

India Fashion Week, which was scheduled for March 11, has also been cancelled due to the coronavirus outbreak.

The annual Mobile World Congress conference, held in Barcelona, was also cancelled due to the coronavirus outbreak. | To read full story, visit https://startuparound.com/read/1584167405.6049254/Here-are-events-that-got-cancelled-or-postponed-due-to-the-coronavirus-outbreak?ref=audio_experience