CHENNAI: Zoho Corp founder and chief executive Sridhar Vembu will share his expertise in rural job creation at an event organised by right-wing organisation RSS, the company said in a statement on Friday.The technology entrepreneur, and an Accenture top executive, had come under fire on Twitter early this week after a digital poster announced them as guests at an RSS event in Chennai in February.

As a result, Zoho has been creating high paying jobs in rural communities.

Sridhar had agreed to share his expertise and experience at a forum focused on this topic.

Plus we don't bring all this into our startup world.

In the US, Zoho has swooped in on Austin, Texas, choosing the city for its immigrant-friendly vibe and proximity to technology talent. | To read full story, visit https://startuparound.com/read/1578673805.9997764/Sridhar-will-talk-on-rural-job-creation,-nothing-more-to-it:-Zoho-on-RSS-event?ref=audio_experience

Among the list: the loss of a major client.

The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors).

Pushing personal ego aside, business owners must rise to the occasion, announcing the news as quickly as possible.

Losing a major customer will inevitably impact cash flow.

Although a major customer has walked away, it doesn’t mean he or she should be shunned. | To read full story, visit https://startuparound.com/read/1578672007.3845015/How-To-Survive-The-Loss-Of-A-Main-Customer---Young-Upstarts?ref=audio_experience

Tweet DALLAS, TX, SPOTIO has announced a $4.5 million Series A investment from Ballast Point Ventures.

SPOTIO's robust, mobile-first feature set enables sales teams to manage sales territories, execute face-to-face meetings, and optimize the sales pipeline and performance across the outside sales organization.

We provide both business-to-business outside sales personnel and residential sales teams the tools they need to execute and manage their outside sales activities," said SPOTIO Founder and Chief Executive Officer, Trey Gibson.

"We are excited to bring an institutional investor into our company and are eager to get to work with Ballast Point Ventures.

About SPOTIOSPOTIO is a mobile-first solution for outside sales teams to eliminate guesswork, and focus on the highest impact activity. | To read full story, visit https://startuparound.com/read/1578670207.032693/SPOTIO-Raises-$4.5M-in-Series-A?ref=audio_experience

e-Zn, a Toronto, Canada-based energy storage company, raised $3.4m in seed funding.

The round was led by Energy Foundry with participation from MaRS Investment Accelerator Fund, Sustainable Chemistry Alliance and Emeraude Capital.

The company intends to use the funds to commercialize its technology and begin deploying systems in-field with commercial customers.

Its energy storage system can operate in temperatures ranging from -30°C to 60°C, is made of abundant and recyclable materials, and is completely safe.

e-Zn is targeting the remote and resiliency markets, with a focus on remote communities, mining operations, telecommunications, military bases, data centres, island nations, EV charging stations, non-wire alternatives (NWA), and more. | To read full story, visit https://startuparound.com/read/1578668612.7269874/e-Zn-Raises-$3.4M-In-Seed-Funding-Round?ref=audio_experience

TR Ramachandran or Ram, as he is known informally, is visibly excited about India and the possibilities in the fintech arena.

“I think the next decade is going to be really, really interesting for anyone starting out in financial services or fintech or payments.

The volume of startups for one -- I believe India has the largest number of fintech startups, after the US.

We are just at the beginning of the journey to solve India’s financial inclusion challenges.

From Visa's experience, we have a healthy share of women to bring in diversity of thought perspective,” he adds. | To read full story, visit https://startuparound.com/read/1578666606.7050734/Visa’s-TR-Ramachandran-talks-about-financial-inclusion-through-collaborative-innovation-and-the-huge-opportunity-for-India’s-fintech?ref=audio_experience

Abacode, Inc., a Tampa, Fla.-based cybersecurity and compliance services company, raised $4.85m in Series A growth equity funding.

The round was led by Ballast Point Ventures.

In conjunction with the funding, Ballast Point Ventures’ Sean Barkman, will join the Abacode Board of Directors.

The company has specific expertise in proactively monitoring, detecting, and responding to cyber threats in real-time through the company’s 24/7 Security Operations Center.

Abacode also provides a suite of Governance, Risk, and Compliance (“GRC”) Readiness services helping companies prepare for third-party audits and certifications. | To read full story, visit https://startuparound.com/read/1578664807.2286038/Abacode-Raises-$4.85M-in-Series-A-Funding?ref=audio_experience

Generation Bio, a Cambridge, MA-based gene therapy company, closed a $110m Series C financing.

The company intends to use the funds to advance its two lead liver-targeted programs for hemophilia A and phenylketonuria (PKU) into IND-enabling studies and clinical development.

Led by Geoff McDonough, M.D., president and chief executive officer, Generation Bio is a biotechnology company leading a new generation of re-dosable long-lasting gene therapy.

Its non-viral platform combines three technologies: a novel cell-targeted lipid nanoparticle delivery system (ctLNP), a proprietary closed-ended DNA construct (ceDNA) and a high-capacity capsid-free biologics manufacturing process.

In addition to its lead liver-targeted programs in hemophilia A and phenylketonuria (PKU), Generation Bio is developing gene therapies for patients with diseases of skeletal muscle and the eye. | To read full story, visit https://startuparound.com/read/1578663007.6490245/Generation-Bio-Raises-$110M-in-Series-C-Financing?ref=audio_experience

The Boss Has Two Sides to His Personality | To read full story, visit https://startuparound.com/read/1578661209.277421/The-Boss-Has-Two-Sides-to-His-Personality?ref=audio_experience

Building a universal bank is a reflection of our commitment to provide financial services to those who need them most, says BansalThe company aims to bridge the credit gap for retail and MSME sector with the licenseFlipkart cofounder Sachin Bansal’s Chaitanya India Fin Credit (CIFCPL) has submitted an application to the Reserve Bank of India (RBI) for a universal bank license.

The license is sought to increase financialisation by making banking simple, accessible and affordable via a consumer-centric and technology-driven approach.

“Building a universal bank is a reflection of our commitment to provide financial services to those who need them most,” said Sachin Bansal, CEO, Navi in a statement.

CIFCPL is a microfinance company with more than 40 branches in five states including Karnataka, Bihar, Maharashtra, Rajasthan and Jharkhand.

Bansal and Agarwal registered BAC Acquisitions in Bengaluru in December 2018, and the company was later rebranded to Navi. | To read full story, visit https://startuparound.com/read/1578659405.8652022/Sachin-Bansal’s-Chaitanya-India-Fin-Credit-Seeks-Universal-Bank-License?ref=audio_experience

International Finance Corporation, which is a part of the World Bank Group, is looking to make an equity investment in Sachin Bansal-owned Navi Technologies (or NAVI).

Speaking on the move, Sachin Bansal, CEO of Navi, said,“Building a universal bank is a reflection of our commitment to provide financial services to those who need them most.

But, the recent IFC disclosure states that NAVI is in the process of acquiring ownership of the company from Sachin Bansal.

In addition to this, CIFCPL is also in the process of applying for a Universal Bank License with the RBI.

“CIFCPL has made an application to the RBI for a universal banking license under the RBI’s On-Tap Banking License Guidelines, 2016,” it said. | To read full story, visit https://startuparound.com/read/1578657606.0364583/International-Finance-Corporation-to-invest-$30M-in-Sachin-Bansal’s-NAVI-for-4.5pc-stake?ref=audio_experience