Delhi-based coworking firm ABL Workspaces on Friday said it raised an undisclosed amount in angel funding from Great Point Capital LLC, Chicago.

The funds will be utilised to strengthen its presence in the capital region and will be operational with 15 new centres by June 2020.

Ankur Gupta and Akshita Gupta, Cofounders, ABL WorkspacesTalking on the capital infusion, Akshita Gupta, Co-founder and CMO, ABL Workspaces, said"The funding has come on the accurate time, which will help us in going live with 15 number of centres by June 2020.

Speaking on the investment, Gabriel Mengin, President, Great Point Capital LLC said,“Coworking sector has become one of the most promising segments of the startup ecosystem and has attracted attention of many leading investment firms across.

There is a huge demand for quality workspaces at premium locations, which ABL Workspaces succeeds to offer with their best-in-class services at affordable pricing. | To read full story, visit https://startuparound.com/read/1583071751.3301573/[Funding-alert]-ABL-Workspaces-secures-angel-funding-from-Great-Point-Capital-LLC?ref=audio_experience

The government has been looking to regulate video streaming platform since last yearThe Indian government has been in favour of setting up an industry body for video streaming platforms, an approach that traditional media usually follows.

However, not all over-the-top (OTT) streaming services are in favour of setting up a council.

The body, Digital Content Complaint Council (DCCC), has been suggested by Hotstar, Voot, Jio and SonyLIV.

But other video stream giants like Netflix, Amazon Prime Video, ALTBalaji, Zee5, Arre and MX Player have opposed the move and refused to join the council.

The Indian government has been looking to regulate online video streaming platforms since last year, especially after civil society and right-wing organisations raised issues with certain series and shows. | To read full story, visit https://startuparound.com/read/1583069931.2533934/Netflix,-Amazon-Prime,-MX-Player-Reject-OTT-Council-To-Regulate-Streaming-Content?ref=audio_experience

However, the total funding raised was down by 39 percent compared to the previous week, which raised at total of $254.56 million.

Growth-stage funding dominated the total amount raised at $136 million, followed by early-stage funding at $24 million, and late-stage funding at $22.8 million.

Other fintech players which raised funding were Rupeek, Ummeed Housing Finance, and Jagaran Microfinance.

Qure.ai, a Mumbai-based healthcare AI startup, raised $16 million in funding led by Sequoia India, and was supported by MassMutual Ventures Southeast Asia.

The funding round was led by prominent IAN investors Kaushik Rajan of Kochi Holding Private Limited and R Mohan Kumaramangalam. | To read full story, visit https://startuparound.com/read/1583067915.040805/[Weekly-Funding-Roundup]-Startups-raise-over-$183M-in-equity-deals-this-week;-fintech-in-limelight?ref=audio_experience

Mahindra Logistics CEO Rampraveen Swaminathan said that the company plans to launch the B2B play in the next one month.

Related Article: Mahindra Group Looks To Foray Into Cab Aggregator Space With Electric VehiclesThe company is also looking to invest significantly in electric vehicles for Alyte.

In terms of electric vehicles, Ola and Uber are also investing heavily to add to the fleet size.

At the same time, Ola Electric is also running pilot electric mobility projects in Gurugram, Bengaluru and Nagpur.

According to an Autocar report on the sales of electric vehicles, nearly 7.59 Lakh units were sold in India till March 2019. | To read full story, visit https://startuparound.com/read/1583066226.2400594/Mahindra-&-Mahindra-To-Consolidate-Electric-Vehicles,-Meru,-B2B-Biz?ref=audio_experience

Upselling and cross-selling in retail is the secret to a sustainable and successful business.

Cross-selling and upselling works on the principle that it is harder to win this new customer than it is to sell to an existing customer.

Upselling is getting your customer to commit to buying a more expensive version of an item that they have already decided to buy.

Active listening will help you glean the details that will open those upselling and cross-selling opportunities.

Cross-selling and upselling will increase your bottom-line. | To read full story, visit https://startuparound.com/read/1583064303.611484/A-guide-to-upselling-&-cross-selling-in-retail?ref=audio_experience

If your company has an online presence then it’s important to take good care of your company’s website.

In fact, there are some people that use the internet exclusively to access social media, and many people start their internet browsing sessions through links or mentions on a social media platform.

Ensure that your company’s website is mobile-friendlyIf you haven’t already made your website friendly to mobile devices then it’s a good idea to get in touch with a reputable website design agency to help you redesign your website.

Keep your website updatedThis sounds like an obvious tip, but you’d be surprised how many businesses fail to keep their website updated.

Your website is seen as a digital storefront that represents your business, hence why it’s incredibly important for you to keep your website updated at all times. | To read full story, visit https://startuparound.com/read/1583062493.520805/Getting-the-most-out-of-your-company’s-website?ref=audio_experience

Q: Is it a prerequisite to have a high IQ in order to succeed as a tech entrepreneur?

It is a prerequisite to hire folks with a high IQ to success in software.

You probably need a wicked smart CTO, some incredible engineers, maybe an insanely smart head of product or marketing, etc.

But if you can recruit people smarter than you … which is a superpower … then that works, too.

It doesn’t really help as CEO to be the smartest person at your company. | To read full story, visit https://startuparound.com/read/1583060697.3880014/Is-it-a-prerequisite-to-have-a-high-IQ-in-order-to-succeed-as-a-tech-entrepreneur??ref=audio_experience

This week, the Taj West End Art Corridor in Bengaluru is featuring an exhibition by 24 artists titled Oorja (‘energy’ in Sanskrit).

“It’s been a heady journey between Oorja 2018 and Oorja 2020,” explains artist and retired teacher Neelam Malhotra, in a chat with YourStory.

“As the name oorja or energy suggests, it is very energising to be part of this group of artists.

To have my work sitting alongside works of senior established artists is an honour,” Neelam enthuses.

“Work work work, practice practice practice, never give up. | To read full story, visit https://startuparound.com/read/1583058610.4619236/24-artists,-80-artworks,-10-days:-Oorja-2020-exhibition-celebrates-creativity-and-purpose?ref=audio_experience

Artificial Intelligence (AI) offers umpteen opportunities to complement human knowledge and enriches people’s lives and work.

Ecommerce companies are utilising artificial intelligence to offer better customer experience to their users, enhance productivity and optimise their margins.

Artificial intelligence is helping businesses in offering a nuanced customer journey to their customers by bringing in personalization.

Efficient Recommendation Systems To Augment SalesToday, online commerce companies are utilising artificial intelligence recommendation engines to offer better product offerings/solutions to their customers.

Optimisation Of Inventory ManagementBy analysing historical data and producing data trends, artificial intelligence can help businesses in making the right choices when it comes to maintaining inventories efficiently. | To read full story, visit https://startuparound.com/read/1583056961.242708/How-Artificial-Intelligence-Is-Revolutionising-Ecommerce?ref=audio_experience

The digital journey took a giant leap as we moved from Y2K and started the new millennium 20.00 when use cases of digital started to emerge.

20.10 saw digital emerge as a disrupting force, 20.20 would see the new world order for digital with edge computing gaining more prominence.

Let us understand the problem statement that digital would solve in the insurance industry.

Insurance companies have already started to act like refineries, churning data and making it fit for purpose for their customers.

Excellence can only be unlocked through the use of digital; it’s a world trying to coexist at a time when past transitions to present and present to the future. | To read full story, visit https://startuparound.com/read/1583053357.831672/Unlocking-Insurance-Excellence-Through-Digital-In-2020?ref=audio_experience