Deception vs Detection: Why we are all liars yet we want the truth | To read full story, visit https://startuparound.com/read/1575009004.934815/Deception-vs-Detection:-Why-we-are-all-liars-yet-we-want-the-truth?ref=audio_experience

BENGALURU/MUMBAI: Smartphone maker Xiaomi , along with several other existing investors like China’s Shunwei Capital, are in talks to invest in a $75-million round being raised by bike taxi application Rapido, according to two sources familiar with the development.

“Rapido is growing really fast and while they are not reaching profitability, they have still been able to maintain margins well,” said one of the sources mentioned earlier.Rapido had last raised about $55 million at a valuation of close to $150 million from investors like Westbridge Capital BAce Capital and Nexus Venture Partners earlier this year.

Xiaomi and Rapido declined to comment.

Shunwei, which is the VC fund started by Xiaomi founder Lei Jun, did not reply to an emailed query from TOI.Rapido was founded by Aravind Sanka, Rishikesh S R and Pavan Guntupalli in 2015 and also counts Hero MotoCorp MD Pawan Munjal among its investors.

From doing around 2.2 million rides a day in May this year, the startup is now doing 5 million rides daily across 80-90 cities in India, expanding its presence to smaller towns as well. | To read full story, visit https://startuparound.com/read/1575007306.290815/Xiaomi-in-talks-to-back-bike-taxi-app-Rapido?ref=audio_experience

Posted by admin on 11/29/19 • Categorized as OthersWhile you might think team building activities are easier to organise in a startup environment, many of the challenges that exist for large corporations are still prevalent.

In this article, we’ll explain how startups can organise and deliver a fantastic team building event that will not only interest and entertain your colleagues, but also leave them even hungrier for the next one.

Organisation of team building events can often fail at the first hurdle so it’s important to put the wheels in motion as early as possible.

Don’t forget to also extend your gratitude to whoever helped with the event organisation, as well as to everyone who attended and contributed to making it a team building activity to remember.

His writing is focussed on venue hire and event planning, targeting a variety of different international markets including Singapore. | To read full story, visit https://startuparound.com/read/1575005408.2233772/6-Steps-For-Startups-Looking-To-Throw-An-Awesome-Team-Building-Event---Young-Upstarts?ref=audio_experience

China’s HL-2M nuclear fusion device burns with the power of 13 suns.

Chinese scientists have developed “artificial sun,” a nuclear fusion research device that is supposed to pave the way for clean energy — similar to the real Sun.

The reactor is expected to start operation in 2020.

The fusion process in the Sun relies on forcing atoms to merge, which releases heat that can be transformed into energy.

The result is energy that is cleaner and cheaper than current nuclear options, resulting in less toxic waste, according to scientists. | To read full story, visit https://startuparound.com/read/1575003605.5735412/China’s-is-launching-‘artificial-sun’-in-2020?ref=audio_experience

The Competition Commission of India (CCI) on Thursday said it has approved Amazon.com NV Investment Holdings' proposal to acquire about 49 percent share in Future Coupons.

The proposed combination consists of certain other constituent steps involving Future Coupons Ltd (FCL), Future Corporate Resources Pvt Ltd (FCRPL), and Future Retail Ltd (FRL).

Amazon.com NV Investment Holdings is a direct subsidiary of Amazon.com, Inc (ACI) and belongs to the Amazon Group.

ACI is the ultimate parent entity of the Amazon group, it added.

FCL is principally engaged in marketing and distribution of corporate gift cards, loyalty cards, and reward cards to corporate customers, it said. | To read full story, visit https://startuparound.com/read/1575001807.3108854/CCI-approves-Amazon's-investment-in-Future-Coupons?ref=audio_experience

The entire financing, including Bansal’s investment, is domestic capital and subject to regulatory approval.

Bansal is also close to launching a growth-stage technology focused $350-400 million investment fund, which will back startups in India and Southeast Asia.

These include gadget protection for Amazon, ride insurance on Ola and its drivers, and partnerships with Zomato and the gig economy workforce.

Acko also competes with the likes of Canadian billionaire Prem Watsa’s Fairfax-backed Digit Insurance.In its previous funding round, Acko raised $65 million from Bansal, RPS Ventures and Intact Ventures.

The Bengalurubased Acko has, till date, mopped up more than $100 million from investors like Amazon, Accel, SAIF Partners, among others. | To read full story, visit https://startuparound.com/read/1575000005.283273/Binny-Bansal-puts-$20m-more-in-insurance-company-Acko?ref=audio_experience

The fund will be used to further expand its connections with farmer producer organisationsNew Delhi-based agri logistics and supply chain startup Kamatan Farm Tech has announced a INR 30 Cr equity and debt funding round from Chennai-based Samunnati Agro Solutions.

According to Inc42 DataLabs report, there are more than 1,090 agritech startups in the country.

The total funding in agritech startups in India grew from $46.1 Mn in 2017 to $66.6 Mn in 2018.

Some of the agritech startups that are catching the attention of investors include Dehaat, Farmart, Ninjakart and others.

In October 2019, agritech startup Fasal raised seed funding of $1.6 Mn led by Omnivore and Wavemaker Partners. | To read full story, visit https://startuparound.com/read/1574998205.0123832/Agritech-Startup-Kamatan-Raises-INR-30-Cr-From-Samunnati-Agro?ref=audio_experience

The 50-year-old actor-filmmaker is one of India’s most celebrated faces in parallel cinema, and she's an activist too.

Her latest initiative India’s Got Colour seeks to celebrate the diversity of skin tones in this country, challenging the desi unhealthy obsession with fair skin.

She says, “We are a nation of 1.3 billion, and there are that many skin tones.

In a conversation with MAKERS India*, Nandita Das, our ChangeMAKER for the month, tells us how she became the “default face” of India's anti-colourism campaign, her 'accidental' acting career, and more.

MAKERS India was launched in India in October 2019 as part of a strategic partnership between Verizon Media and YourStory Media. | To read full story, visit https://startuparound.com/read/1574996514.6982222/Meet-the-MAKER:-Nandita-Das-–-Actor,-Filmmaker,-Activist?ref=audio_experience

It suggested that repeated consent requirements should not be imposed on data fiduciary as long as processing of data does not deviate from the original purpose.

"The Bill creates a need for the data fiduciary to repeatedly obtain consent from the data principal for every step of the processing activity.

IAMAI suggested that obtaining consent at all points of data collection and processing is "at times either impossible, impractical or unnecessary".

Furthermore, all legal bases for collecting, using and disclosing personal data should be treated equally instead of relying on consent as the primary ground for processing personal data, it said.

The Personal Data Protection Bill, which is proposed to be tabled in Parliament, offers a detailed framework to regulate flow of personal data, including cross-border data flows. | To read full story, visit https://startuparound.com/read/1574994607.2547936/IAMAI-flags-ambiguities-in-draft-data-protection-bill;-seeks-clarity-on-classification,-consent?ref=audio_experience

But cash gifts aside, there are plenty of other ways to show your employees that you appreciate their hard work, creativity, and dedication during the season of giving.

When you show employees you care, they will be loyal to you in return.

Here are just a few ways to show your workers you care this holiday season:1.

For instance, announce the holiday schedule in advance and communicate it several ways so they can plan.

At the end of the year, you’ll want to send employees off on the right foot to enjoy their holiday breaks. | To read full story, visit https://startuparound.com/read/1574992810.797714/The-Heartfelt-Holiday:-Nine-Ways-To-Show-Your-Employees-You-Care-This-Holiday-Season---Young-Upstarts?ref=audio_experience