Chinese ecommerce platform Club Factory seems to bounce from one has controversy to another.

This time the company is the dock for allegedly selling “Schedule H drugs” without prescription.

Club Factory’s Run Of ControversiesFounded by Vincent Lou, Club Factory is one of the most popular famous Chinese ecommerce platforms in India alongside the likes of Shein, Urbanic and others.

Club Factory has been surrounded by controversies in India since its entry in 2016.

Then in December 2019, Club Factory was accused of selling counterfeit products on its platform. | To read full story, visit https://startuparound.com/read/1580106608.921196/Club-Factory-Working-To-Block-Sale-Of-Drugs-‘Under-Disguise’?ref=audio_experience

The move will allow Indian startups access to capital from retail investors overseas.

Many companies are reportedly interested in listing their equity shares in foreign countries.

However, only public companies are likely to be given permission for overseas listings of equity shares.

At present, a few Indian companies have American depository receipts (ADRs) that are traded in the US and some corporates have their global depository receipts (GDRs).

She had said that this would give Indian companies increased access to foreign funds through ADR or GDR. | To read full story, visit https://startuparound.com/read/1580104806.7490308/Official-Decision-On-Startups-Listing-In-Overseas-Markets-Coming-Soon?ref=audio_experience

Here we take a look at seven of the OakNorth power players pulling the strings behind the scenes.

It also licences the ‘OakNorth Platform’ to banks outside the UK.

We’ve doubled the size of our technology team across engineering, product, data science and machine learning, and we’ll keep investing.

The artificial intelligence guru — Jackson Hull — chief technology officer/chief operating officer of OakNorth (Platform)Jackson Hull is a true techie.

Before joining OakNorth six months ago, he spent more than three years at price comparison site GoCompare as chief technology officer and then chief operating officer. | To read full story, visit https://startuparound.com/read/1580103108.191345/Seven-OakNorth-power-players-pulling-the-strings-behind-the-scenes?ref=audio_experience

- Vinay Singh, Fireside VenturesInvestors are annoyed that they are taxed higher, especially when they are injecting capital into a very primary activity like building a business.

- Ankush Gera, Junglee GamesMSME Business is growing rapidly in India and business owners are now taking initiative to shift to technology.

- Lathika Pai, MicrosoftThe car accessories market in India has come a long way in the last couple of years.

- Arjun Vaidya, Dr. Vaidya'sThe best way of staying healthy is by maintaining a healthy gut.

- Ageerika Hari, VaitaanikaThe best way to foster a more cohesive and inclusive society is to provide everybody with a decent job and income. | To read full story, visit https://startuparound.com/read/1580101206.606165/‘Equity-is-the-most-expensive-asset-for-a-company’–-60-quotes-from-Indian-startup-journeys?ref=audio_experience

Job satisfaction is an intrinsic part of retention in the workplace.

Continue reading for some simple ways which could help you to improve job satisfaction for your employees.

Praise and RecognitionReceiving feedback that you are doing a good job is an imperative component of feeling job satisfaction.

In fact, many employees feel uncomfortable openly displaying their praise to fellow workers.

Letting your workers know what is going on, in other words being transparent with the latest goings on, will help increase job satisfaction. | To read full story, visit https://startuparound.com/read/1580099407.4082046/The-Startup-Magazine-Improving-Job-Satisfaction-for-Employees?ref=audio_experience

As major players jostle for market share in large-scale power storage, American Electric Power and Nissan Motor Co .

are already putting re-used cells to work in applications including renewable energy storage, electric vehicle charging, and to power street lights and homes.

About three-quarters of vehicle batteries are eventually likely to be reused, according to London-based researcher Circular Energy Storage Cheaper energy storage with batteries could provide an alternative to adding more capacity at electricity substations, or building more transformers.

“If the battery goes lower in cost, it can compete with the wires.”Yet even as the price of lithium-ion battery cells has fallen, it’s been difficult to reduce costs of components such inverters.

“We’re already getting demand for use in some mobility applications and we expect that is an area that will continue to grow with time.” | To read full story, visit https://startuparound.com/read/1580097606.263547/Old-electric-car-batteries-may-help-cut-costs-of-storing-power?ref=audio_experience

“The platform will bring efficiency and accountability to how companies manage their Esops lifecycle...

Nayak declined to share names citing confidentiality, but said that LetsVenture will work with companies across lifecycles, ranging from unicorns valued over $1 billion to early-stage ventures.“Equity is the most valuable asset of startups, and it’s in their interest to help employees fully appreciate the Esop with a transparent system and regular liquidity options.

We have seen several unicorns and growth-stage startups relate to these Esop-related issues in our first meeting and are signing up at a fast clip,” Sanjay Jha, cofounder and product head at LetsVenture, said.The platform will also help employees understand taxation related to sale of Esops, and exit procedures.

For startups, MyStartupEquity will help founders from a compliance reporting standpoint, a significant chunk of which is still done manually.

“While we tend to complain a fair bit about the shallow liquidity in India’s private market, there is actually a lot of misinformation, with a lot of folks not connecting the pieces, and that’s where we see our goal,” Jha said. | To read full story, visit https://startuparound.com/read/1580095907.960778/Lets-Venture-opens-My-Startup-Equity?ref=audio_experience

The laid-off employees told ET that they have written to Walmart HQ in the US both as a group and individually, calling the layoffs as unfair and unrelated to the performance.

The former employees also noted that Walmart went ahead with the layoff process despite giving an assurance of job security in December 2019.

An earlier report said Walmart is planning to layoff more employees in May and shut down its fulfilment centre in Mumbai.

Walmart, in its statement after the layoffs, noted “Walmart remains committed to growing its B2B cash & carry business in India.

As per regulatory filings, Walmart India registered a net loss of INR 172 Cr for the financial year 2019, compared to FY18 its losses have almost doubled. | To read full story, visit https://startuparound.com/read/1580094006.5124185/Laid-Off-Walmart-Employees-Write-To-US-HQ-Over-Downsizing?ref=audio_experience

At the World Economic Forum held in Davos, Naspers CEO Bob van Dijk said that the tech-focussed venture capital fund will continue to double its investments in India’s tech startup ecosystem, particularly focussed on new-age credit and financial products.

The average funding amount and ticket size for fintech startups stood at $8.3 Mn and $25 Mn, respectively.

With $2.6 Bn in total funding, fintech startups recorded 125 deals in 2019.

Apart from eyeing on the fintech startups, Naspers previously has invested in various Indian tech-focused startups across various industry verticals, including food delivery platform Swiggy, edtech startup BYJU’s, social commerce startup Meesho and logistics platform ElasticRun and others.

In April 2019, Naspers exited from homegrown travel company MakeMyTrip (MMT) in a share-swap deal with Chinese travel company Ctrip International. | To read full story, visit https://startuparound.com/read/1580092207.2266505/Naspers-Eyeing-New-Age-Credit-Startups-In-India:-CEO-Bob-van-Dijk?ref=audio_experience

In this article we’ll show nine ways to invest in yourself this year.

If you want to improve your relationships, business, and even your financial situation, this year spend time improving your communication skills.

If you want to invest in yourself, it is important to make sure that your money is working as hard as you are.

This means finding ways to spend less and use your money to help better your financial situation.

5) Build Stronger RelationshipsA great way to invest in the well-being of yourself and your business is to invest time in building stronger relationships. | To read full story, visit https://startuparound.com/read/1580090410.7658997/10-Ways-to-Invest-in-Yourself-This-Year?ref=audio_experience