Last week was certainly quite action-packed for the Indian startup ecosystem when the Reserve Bank of India (RBI), in a rare move, put Yes Bank under a moratorium.

While this caused nation-wide panic to its customers, the bank's digital partners were also affected, including PhonePe.

But the digital payments major prevailed and almost 24 hours after announcing a downtime due to ‘unscheduled maintenance activity’, PhonePe sprung back with UPI payment service live on its platform.

Siddharth Pai, Shradha Sharma, Vatsal GaurAt YourStory's Future of Work 2020, investor Siddarth Pai and lawyer Vatsal Gaur get on a fireside chat with Shradha Sharma to decode startup and funding challenges.

Gunjan Patidar, Zomato, CTOGunjan Patidar, Chief Technology Officer of Zomato, started as an intern at the company, and went on to build the foodtech unicorn’s core tech systems. | To read full story, visit https://startuparound.com/read/1583715606.475573/How-PhonePe-was-back-up-in-24-hours-after-outage-due-to-Yes-Bank-crisis?ref=audio_experience

Each power bank has a capacity of 5,000 mAH and comes with inbuilt cables.

Plugo terminals at the India Mobile Congress 2019The founder says partnering with major industry events has given it quick visibility and traction.

Market opportunity and competitionWhile Plugo claims that it was India's first power bank sharing platform, it is not the only one.

But, Plugo believes that its biggest opportunity lies in improving asset utilisation and reducing the carbon footprint of power banks.

That means your power banks are idle for 99 percent of the time when millions of others can use them. | To read full story, visit https://startuparound.com/read/1583713805.8880236/Meet-Plugo,-a-power-bank-rental-startup-with-users-like-Swiggy,-Zomato,-Flipkart?ref=audio_experience

Posted by admin on 3/07/20 • Categorized as OthersThere are endless reasons why some entrepreneurs get better results than others.

Another point Evans makes is that entrepreneurs need to understand macroeconomic indicators.

Entrepreneurs need to understand economics to see consistent growth in their business.

A business can become profitable in the absence of economic understanding, but as that business expands, a lack of economic understanding will undermine resources and decisions.

By understanding basic economic principles and allowing that knowledge to drive your business decisions, you’ll stack the odds in your favor. | To read full story, visit https://startuparound.com/read/1583712752.6722677/Why-Economically-Smart-Entrepreneurs-Get-Better-Results---Young-Upstarts?ref=audio_experience

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.

This week I asked a number of investors and founders which of these changes will stand to last, and why.

B2B on the riseThe business-to-business (B2B) space was rarely a hot topic in China until online consumer businesses became relatively saturated in recent times.

That’s because software-as-a-services (SaaS), cloud computing, health tech, logistics and other enterprise-facing services are intangible for most consumers.

Following the virus outbreak, Chinese tech companies of all sizes hastened to offer contributions, with efforts ranging from making monetary donations to building tools that keep the public informed. | To read full story, visit https://startuparound.com/read/1583710208.1719089/China-Roundup:-Enterprise-tech-gets-a-lasting-boost-from-coronavirus-outbreak-–-TechCrunch?ref=audio_experience

Venture capitalists investing in AI and robotics startups suggest they reassess their business plan amid economic uncertainty spreading alongside COVID-19.

Her company is helping startups think about whether to raise money now, make the money they have last longer, cut costs, or sprint to profitability.

“I think our advice to startups is now trending toward … if we have the opportunity to raise money now, let’s take it,” Goldfein said.

Migicovsky says he sees an opportunity to grow a financing company that enables a robot-as-a-service business model for AI startups.

It’s really compelling for the end customer because they have a business need that they need to solve. | To read full story, visit https://startuparound.com/read/1583709069.4469297/Robotics-investors-on-how-startups-should-respond-to-coronavirus?ref=audio_experience

Women in India have not only stepped into the corporate world but have also begun to make a mark in entrepreneurship.

Here is our small interview with Imaan Javan, Director at Suntuity Renewable Energy India.

ST - What Challenge did you face as a woman entrepreneur and How did you solve it?

ST - As a women entrepreneur, What kind of support have you got from the government?

I also strongly believe that there is tremendous potential in Rural India, which is untapped especially for women entrepreneurs. | To read full story, visit https://startuparound.com/read/1583707155.8576927/Imaan-Javan,-Director,-Suntuity-Renewable-Energy-India,-On-Women-Entrepreneurship?ref=audio_experience

Here is our small interview with Harshita Gupta, Founder at Hail Women.

ST - What Challenge did you face as a woman entrepreneur and How did you solve it?

ST - What policies your company has adopted to support women at your workplace?

ST - How can working women manage both home and work?

Harshita Gupta - First of all, every working woman should understand that she is not supposed to do everything by herself. | To read full story, visit https://startuparound.com/read/1583705368.4950469/Harshita-Gupta,-Founder,-Hail-Women,-On-Women-Entrepreneurship?ref=audio_experience

The Founders of Masai School: Prateek Shukla (L), Nrupul Dev, and Yogesh Bhat.

Prateek Shukla, the Co-founder and CEO of Masai School, was in his third year of engineering at IIT-Kanpur and “passionate about education”.

What does Masai School do?

Masai School, which presently has centres in Bengaluru and Patna, offers courses in Android development, full-stack development, and web development.

Prateek regularly takes to Twitter to reveal the success stories of Masai School. | To read full story, visit https://startuparound.com/read/1583703104.5232255/[The-Turning-Point]-A-trip-to-Tanzania-led-to-the-launch-of-coding-bootcamp-Masai-School?ref=audio_experience

ZenGo is expanding beyond the basic features of a cryptocurrency wallet — letting you hold, send and receive crypto assets.

The company has partnered with two DeFi projects for the new feature.

DeFi projects are the blockchain equivalent of traditional financial products.

You can move your money from those DeFi projects back to your wallet whenever you want.

There are other wallet apps that let you access DeFi projects, such as Coinbase Wallet and Argent. | To read full story, visit https://startuparound.com/read/1583701207.050643/Crypto-wallet-app-ZenGo-launches-savings-mode-–-TechCrunch?ref=audio_experience

If you were a software company employee or venture capitalist in Silicon Valley before 1993, chances are you were talking about “Information Systems Software” and not “Enterprise Software.” How and why did the industry change its name?

Unfortunately, Paramount wouldn’t play ball, and IBM hired Captain Janeway (played by actress Kate Mulgrew) from Star Trek: Voyager instead.

Soon, leading software companies began to rebrand themselves and release products using the term “enterprise software” as a valuable identifier.

MRP software makers like SAP and Baan began embracing the new “Enterprise” moniker after 1993 and in 1995, Lotus rebranded itself as an “Enterprise Software Company.”“Enterprise” was officially the coolest new vernacular and after industry behemoth IBM bought Lotus in 1996, they incorporated “Enterprise” across all of their products.

Whenever I see a software business plan come across my desk or read an article on enterprise software, I can’t help but give Commander Riker a little due credit. | To read full story, visit https://startuparound.com/read/1583699407.8485658/How-the-information-system-industry-became-enterprise-software-–-TechCrunch?ref=audio_experience