Bengaluru topped pool rides on Uber India this year, the ride-hailing major revealed in its annual mobility report‘How India Moved in 2019: A Year in Review by Uber’.

Delhi, Kolkata, Hyderabad, and Mumbai followed Bengaluru when it came to pool riders.

The year end wrap captures data and trends of riders in more than 50 cities in India that Uber presently operates in.

Delhi-NCR recorded maximum Uber trips (overall) in 2019, followed by Bengaluru, Hyderabad, Kolkata, and Mumbai.

"November and December were the favourite months for Indians to leave their cars behind and use Uber, and December 7 saw the maximum Uber rides of the year," the company stated in the report. | To read full story, visit https://startuparound.com/read/1577179808.6166024/Bengaluru-records-most-number-of-UberPOOL-rides-in-2019?ref=audio_experience

New year Party ideas for offices with less than 50 employeesIf you have a small office, store or startup, then it is easier to execute some creative ideas.

Next year, when you guys gather again for the New Year office party, play those videos.

Next year, when you guys gather again for the New Year office party, play those videos.

For instance, a theme party is not just for big companies, an office with less than 50 employees can also have a theme party.

And an office party is not just a party, it’s a way to make your employees happy. | To read full story, visit https://startuparound.com/read/1577178009.953149/New-Year-Party-and-Celebration-Ideas-for-your-office-employees?ref=audio_experience

In 2018, the RBI asked all payment system operators in the country to store data pertaining to their customers within IndiaThe global card payment network, Visa, will soon comply with India’s data localisation norms.

The company plans to locally process all transactions through its data centre in Bengaluru and a backup centre in Mumbai.

We can tell you that we now have a data centre in Bengaluru and a backup centre in Mumbai.

The Indian government recently introduced Personal Data Protection Bill in the Lok Sabha, Lower House of the Parliament.

This means that when it comes to personal data, the master version of the data abroad should have another copy in India. | To read full story, visit https://startuparound.com/read/1577176217.328056/Visa-Plans-To-Comply-With-India’s-Data-Localisation-Norms?ref=audio_experience

According to a report in Tech2, the new Flipkart set up will be a credit lending platform for the buyers and sellers.

The platform just aims to focus on payments, credit lending, and facilitate buying and selling on the e-commerce platform.

The sources added that ecommerce platform will also offer its loyalty and cashback programme service, Super Coins, through the fintech venture.

On the other hand, Flipkart will be into credit lending and not focus on individual payments or UPI.

Since then, it has grown to be one of the biggest UPI payments platforms in the country. | To read full story, visit https://startuparound.com/read/1577174407.4685955/Flipkart-Plans-To-Set-Up-Another-Fintech:-Will-It-Be-Phonepe’s-Competitor??ref=audio_experience

Google’s Unified Payments Interface (UPI)-based payments platform, Google Pay, on Wednesday (December 24), announced that it has come out with an advisory to help users stay safe from frauds.

Ambarish Kenghe, director of product management at Google Pay, told ET that with the rise of UPI adoption in the country, new users are foraying towards digital payments.

The payment platform also plans to start outreach programmes in raising awareness about the UPI frauds in the coming months.

As a security feature, Google Pay sends notifications as well as SMS to inform users about the money transfer, ensuring that they are aware of the transaction.

On the flip side, if more UPI fraud continues, this could hamper the popularity of the UPI in the country. | To read full story, visit https://startuparound.com/read/1577172607.5445018/Google-Pay-Releases-Advisory-To-Help-Users-Fight-UPI-Frauds?ref=audio_experience

India is now in the midst of a significant economic slowdown, the International Monetary Fund (IMF) has said, urging the government to take urgent policy actions to address the current prolonged downturn.

However, in the first half of 2019, a combination of factors led to subdued economic growth in India.

The staff report was done in August when the IMF was not fully aware of India's current economic slowdown.

"India is now in the midst of a significant economic slowdown," Salgado said.

The issue is primarily how to address the growth slowdown," Salgado said. | To read full story, visit https://startuparound.com/read/1577170806.3276677/IMF-says-India-in-midst-of-significant-economic-slowdown,-calls-for-urgent-policy-actions?ref=audio_experience

A classic of the early-stage business book genre on just how hard it is to build a successful business from scratch.

We all have to find our own way.” — Ida Tin, cofounder and chief executive of Clue2.

I think culture is a misunderstood phenomenon within organisations, particularly large corporates, and enjoyed learning the tactics used by those that have done it properly.” — David Brear, chief executive of 11:FS3.

What the experts said:“Made me realise I should have started my own business at 21, just like Phil Knight, straight out of university.

Phil Knight is a source of energy and inspiration beyond measure to anyone who wants to start a business!” — Anton Soulier, founder and chief executive of Taster4. | To read full story, visit https://startuparound.com/read/1577169007.0455503/The-four-best-startup-books-of-2019,-according-to-founders?ref=audio_experience

The consumer internet, browsers, evolution of 3G, smart phones, mobile operating systems, application development platforms, all led to serious new innovations.

The consumer internet, browsers, evolution of 3G, smart phones, mobile operating systems, application development platforms, all led to serious new innovations.

An open source, mobile operating system has defined not just Google's fortunes but all of our lives over this decade.

Both Mobile software stacks were stuck in the dark ages.Through Android, Google brought the focus on the mobile operating system.

With Android OEMs beginning to make inroads into the market, application developers started delivering best-of-breed products to starved ISP customers. | To read full story, visit https://startuparound.com/read/1577167205.5559926/Lessons-from-5-fallen-tech-empires-over-last-decade?ref=audio_experience

The whole Apple Card and the supposed gender bias -- I think we’ll see more things like this surface.

I do think this raises the stakes for pure fintech startups.”Frank Rotman: “The trend is broader than ‘tech getting into finance.’ It should be seen as ‘customer-facing organizations’ offering their customers banking products.

Personal loans -- a category popularized by fintechs like GreenSky Inc. or Affirm Inc. -- are now the fastest growing form of debt in the U.S., Experian data says.

Our experts think there’s plenty more government scrutiny ahead for financial technology players.

Companies will need to adjust their strategies accordingly.Chime, the leading U.S. digital bank, is now valued at $5.8 billion. | To read full story, visit https://startuparound.com/read/1577165407.1275182/Big-tech-is-coming-for-banking:-Experts-predict-fintech’s-2020?ref=audio_experience

The Karnataka government, which sees Rs 20,000-30,000 crore investment opportunities in Hubli-Dharwad region, on Monday invited India Inc to invest in diversified sectors.

"There is a huge opportunity for investment in diversified sectors in Hubli-Dharwad, which has infrastructure ready like direct connectivity through roads, railways, and flights to major destinations.

The minister urged industrialists to tap on the huge potential the region presents and to take advantage of various incentives given by the state government.

Karnataka provides several incentives to encourage investment in the state, including exemption of stamp duty, investment subsidy, subsidy on ETP, electricity duty exemption, tax-based interest-free loan, reimbursement of land conversion fee, among others.

Karnataka minister for Large and Medium-Scale Industries, Jagadish Shettar, said, "Even more conditions for attracting and absorbing new investments across many sectors. | To read full story, visit https://startuparound.com/read/1577163606.8610606/Karnataka-invites-investors-to-tap-huge-opportunity-in-Hubli?ref=audio_experience