Celebrated industrialist Ratan Tata has announced a commitment of Rs 500 crore through Tata Trusts to support the fight against the coronavirus pandemic or COVID-19.

In a social media post, the Chairman of the Tata Trusts said that at this moment, the need of the hour is greater than any other time.

Mr. Ratan Naval Tata, Chairman Emeritus of Tata Sons and Chairman of the Tata Trusts.

Announcing the pledge, Ratan Tata said that the current situation in India and across the world is of grave concern and needs immediate action.

The Bajaj Group has also announced a Rs 100 crore aid for the fight against COVID-19. | To read full story, visit https://startuparound.com/read/1585395005.9797678/Coronavirus:-Ratan-Tata-commits-Rs-500-Cr-to-fight-COVID-19?ref=audio_experience

The basic financial services with the introduction of 3-year FIP (Financial Inclusion Plans) and PMJDY (Pradhan Mantri Jan Dhan Yojna) became accessible to the public.

Financial And Digital LiteracyLack of effective and broad-based financial and digital literacy is preventing full-scale implementation of financial inclusion.

Increased Utilisation Of FI InfrastructureAll the sectors that are currently engaged with Financial Inclusion such as NGOs, banks, non-banking financial companies, and government departments should be encouraged to increase the utilization of financial inclusion infrastructure as it has been built by investing huge sums of money.

And that data derived from digital technologies can help commercial banks and other bureaus to come up with suitable financial products and evaluate prospective clients more efficiently and improved financial services will foster financial inclusion in India.

Financial inclusion aims to provide economically priced financial services to the underserved sections of the society so that they can be financially independent. | To read full story, visit https://startuparound.com/read/1585393205.6113818/How-India-Can-Move-Towards-Financial-Inclusion??ref=audio_experience

However, one major trend that will never fade is student housing.

Here we look at why student housing is set to be one of the biggest trends in the prop-tech industry.

Having said this, an increasing enrolment rate will lead to a steady demand for student housing.

According to various surveys, Delhi-NCR, Mumbai, and Pune have been rated as the top markets for student housing in India.

In conclusion, the student housing sector is an emerging one that is constantly evolving and real estate players and those companies offering exclusive student housing would do well to bear this in mind. | To read full story, visit https://startuparound.com/read/1585391405.0904245/The-Hottest-Trend-In-The-Prop-Tech-Industry:-Student-Housing?ref=audio_experience

Purchase cards, also known as procurement cards or P-cards, are commercial credit cards issued by banks to enterprises to facilitate large B2B payments for goods and services procured, or for any high-volume purchases.

While a purchase card is used interchangeably with corporate credit card, there is an innate difference between the two.

A purchase card is best suited and used for recurring large purchases core to the business.

Over the years, purchase cards have started to replace the traditional means of payment to the vendors owing to the benefits they bring to the table.

Purchase card programs help businesses to transact with a list of beneficiaries already registered and approved in the system. | To read full story, visit https://startuparound.com/read/1585389606.4080129/Purchase-Cards,-the-new-way-to-facilitate-large-B2B-transactions?ref=audio_experience

Among all others, feature velocity stands out as a priority and plays a crucial role in their pursuit of growth.

The product team can play its part by preparing and sharing the roadmap to the sprint team at least for the quarter so that the team can plan its deliverables accordingly.

On the other hand, sprint team should keep pushing the product team to get a product backlog and groom it on a weekly/ biweekly basis to ensure focused delivery.

Track Feature Usage Along With VelocityUser experience is the most vital metric to measure the success of a new feature release.

As your engineering team successfully scales up, a well-capable product team is essential to feed the engineering team continuously. | To read full story, visit https://startuparound.com/read/1585387805.8360832/Does-Team-Ramp-Up-Guarantee-Increased-Feature-Velocity??ref=audio_experience

"Given the unknown timeline and current economic situation, we were forced to cut back in this way to elongate the trajectory of Bird and our mission."

Bird is curbing all spending not related to keeping the startup afloat, according to the chief executive.

"History suggests that people will demand a large scale mobility option that still allows for personal distancing," VanderZanden said.

"This once in a decade black swan event presents one of the greatest challenges in history," VanderZanden said in the memo.

Transport company Lime last week pulled its electric scooters from nearly two dozen countries, including the United States, as the new coronavirus spread worldwide. | To read full story, visit https://startuparound.com/read/1585386005.7742186/Coronavirus-prompts-layoffs-at-e-scooter-startup-Bird?ref=audio_experience

Bengaluru-based women's healthcare startup Zealthy raised an undisclosed seed funding led by KYT Ventures, First Cheque, AngelList, and few prominent angel investors.

The startup plans to use the funding to further develop its product and tech and add more Indian languages onto its platform.

Gagan Gupta, Co-founder of KYT Ventures, said that Zealthy team with its mobile plus internet plus vernacular strategy, is well poised to make a major impact in the fem-tech segment.

While startups like Practo, Lybrate, and others too have information dissemination, Zealthy has a primary focus on women's health.

The women's healthcare market and femtech are fast-growing sectors with several startups solving women health issued. | To read full story, visit https://startuparound.com/read/1585384206.3189845/[Funding-alert]-Women's-health-startup-Zealthy-raises-seed-investment-from-KYT-Ventures,-others?ref=audio_experience

Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time. | To read full story, visit https://startuparound.com/read/1585382405.3268726/iPhone-production-could-move-from-China-to-India-and-Vietnam-post-coronavirus?ref=audio_experience

On the streets of Hong Kong, an otherwise busy financial hub, only a handful of people are now seen at a time.

But Yin’s Hong Kong seems to be doing somewhat better than my Bengaluru.

“Many businesses are open as well,” he says, “so that normal life can still continue.”But what is normal when nothing is?

Around seven days prior to this incident, however – on January 23 – the first coronavirus case was reported out of Hong Kong.

As Yin says, “I find it nicer actually as the touristy areas usually packed with tourists and people are now very quiet. | To read full story, visit https://startuparound.com/read/1585380606.3086596/No-alcohol,-no-tourists,-but-life-goes-on-in-Hong-Kong-amid-the-crippling-coronavirus-pandemic?ref=audio_experience

Bajaj GroupThe Bajaj Group has announced a Rs 100 crore aid for the fight against COVID-19.

While one crore comes directly from the company, the rest one crore has been raised by its employees.

The startup has also announced a host of employee-centric initiatives that are being undertaken to make the company function agilely through the COVID-19 pandemic.

It is offering dedicated solutions for students and working professionals with an inventory of 55,000 beds across 10+ cities in India.

Urban Company, its founders, investors, and employees, have so far committed Rs 1.5 crore towards the fund. | To read full story, visit https://startuparound.com/read/1585379040.4955032/Coronavirus:-Here's-how-India-Inc-is-doing-its-bit-for-the-underprivileged-during-the-COVID-19-crisis?ref=audio_experience