As a technology, EVs have existed for more than 15 years, Abe argued, but it is difficult to make them popular among the people in the absence of a supporting ecosystem.

“We have to talk with government how they are preparing the infrastructure for the right electric vehicle.

Even in Japan, we are still talking with government,” he said.

“We need infrastructure.

If not, (then) people don’t want to buy (EVs).” , says Noriaki Abe, managing officer at Honda | To read full story, visit https://startuparound.com/read/1574145005.509554/Developing-EV-infrastructure-in-India-will-take-time:-Honda?ref=audio_experience

Mumbai-based OneLife Nutriscience Pvt Ltd, which owns consumer healthcare brand OneLife – Live it right, has announced that it has raised pre-Series A funding of Rs 5 crore from a group of HNIs from the pharma, healthcare, and chemicals industries.

Commenting on the capital raised, Gaurav Aggarwal, Founder, OneLife, said,“We are very happy to have experienced an early acceptance of our products from the customers at a time when the nutraceuticals industry is looking at exponential growth.

We are targeting 3x growth over the next 18 months.”Gaurav Aggarwal, Founder, OneLife, is targeting 3X growth over the next 18 months.

The startup was founded in 2017 by Gaurav Aggarwal who has over 20 years of experience in the nutrition industry.

Last week, Misters.in, a Gurugram-based direct-to-customer health and wellness brand providing personalised online boxes to address men's issues, secured about $1 million in seed funding. | To read full story, visit https://startuparound.com/read/1574143206.1508465/[Funding-alert]-Healthcare-brand-OneLife-–-Live-it-right-raises-Rs-5-Cr-in-pre-Series-A-from-HNIs?ref=audio_experience

The company is aiming to launch the platform in India in January 2020Delhi NCR-based Digital Mall of Asia (DMA), a virtual ecommerce platform, has raised INR 22 Cr in a funding round led by real estate investor Satish Jain through his privately held infrastructure development company Amour Infrastructure.

The company is targetting a launch in the Indian ecommerce market by January 2020.

Rishabh Mehra, the managing director and CEO of Digital Mall of Asia said that the concept differs from other ecommerce platforms since it blends elements of physical retail spaces on a digital plane.

DMA, which is part of Yokeasia Malls, a parent company of DMA is looking to create an immersive digital presence by leveraging AR/VR technology.

The device is developed by Mumbai-based AR/VR startup Tesseract, in which Reliance acquired a majority stake in August. | To read full story, visit https://startuparound.com/read/1574141405.4798334/Ecommerce-Startup-‘Digital-Mall-of-Asia’-Raises-INR-22-Cr-From-Amour-Infrastructure?ref=audio_experience

Former Rashtriya Swayamsevak Sangh (RSS) ideologue KN Govindacharya has urged the government to expedite the passing of the personal data protection bill (DPB).

The proposed data protection law is also said to be diluted, day by day,” Govindacharya wrote in the letter, according to ET.

Pressure Mounts On The Government Over Data ProtectionEarlier, a group of Indian users affected by the Pegasus spyware episode also sought an explanation from the government.

The survey ranked countries based on constitutional protection, statutory protection, privacy enforcement, biometrics, data sharing and the government’s access to data among other things.

The report, which will include regulation of public data, including data of technology companies such as Uber, Facebook and Amazon, is expected to help regulators decide the components of data protection bill. | To read full story, visit https://startuparound.com/read/1574139605.3467927/Former-RSS-Ideologue-Demands-Fast-Tracking-Of-Personal-Data-Protection-Bill-Post-Pegasus-Scandal?ref=audio_experience

Despite the government’s attempts to safeguard these stakeholders through guidelines and policy initiatives, there wasn’t a standard definition for ecommerce.

While the government has decided to bring B2C “internet companies” across segments— MakeMyTrip, Ola, Uber, Swiggy, Zomato, BigBasket, UrbanClap and others — under the new ecommerce draft policies, B2B services have been left out.

The Ecommerce PoliciesMoreover, the Indian government is now reportedly planning to spell out penalties in the upcoming Consumer Protection (ecommerce) Rules to ensure that the companies are in compliance with the policies.

The penalties in the policy will be in line with existing rules and acts like the packaged commodity rules, the Food Safety and Standard Act and the new Consumer Protection Act of 2019.

The new Consumer Protection (e-commerce) Rules are supposed to come under the Consumer Protection Act, which was passed in the parliament earlier this year. | To read full story, visit https://startuparound.com/read/1574137804.842829/Ola,-Swiggy,-Zomato-To-Come-Under-Govt’s-Definition-Of-Ecommerce?ref=audio_experience

The number of startups now registered with the Startup India programme has grown threefold in the past year, reaching nearly 25K startups under this initiative.

According to Invest India, which is formed under Startup India, 24,935 startups are currently registered under this programme compared to March 2018 when the total was 8,939 startups.

According to Startup India, Maharashtra has over 12,064 startups, followed by 10,272 startups in Delhi and Karnataka with 7,635 startups.

Recently KPMG India also reported that the total number of startups in India grew sevenfold from around 7K in 2008 to around 50K by the end of 2018.

Launched in January 2016, Startup India is the flagship initiative of the current Indian government into its second term now, and just before being elected in, the ruling Bharatiya Janata Party submitted its manifesto spoke about the Startup India Vision 2024. | To read full story, visit https://startuparound.com/read/1574136004.7886467/Startup-India-Claims-Threefold-Growth-In-Registrations-In-Past-Year?ref=audio_experience

NEW DELHI: In the hunt for talent on Indian campuses, early trends show Amazon as the top recruiter among ecommerce and tech companies with Walmart-owned Flipkart following closely.

At the National Institutes of Technology (NITs), where final placements are underway, Amazon is ahead.

“We continue to hire across business and product roles through campus hiring,” the person said.“This year would truly reflect Walmart’s buying into Flipkart,” Karna said.

Amazon was day 1 recruiter at NIT Trichy this year along with others like Microsoft , DE Shaw and General Electric (GE).At the IIMs, where summer placements are almost over, Amazon and Flipkart are ahead of other companies.

“But this year, Flipkart is willing to offer more roles,” Shovan said.Digital payment solution provider PhonePe and Amazon made their debut at MDI’s summer placements this year. | To read full story, visit https://startuparound.com/read/1574134407.9045472/Amazon,-Flipkart-lead-in-B-school-hiring?ref=audio_experience

While Amazon founder Jeff Bezos said earlier this week that he hoped for more regulatory stability in India, the next year begins with a trip to India and a potential meeting with Prime Minister Narendra Modi.

Apart from DCA, the commerce ministry is also working on an ecommerce policy to keep the ecommerce marketplaces in place.

The digital payments platform Amazon Pay also managed to widen is losses from INR 334 Cr to INR 1,160 Cr in FY19.

This month, Amazon has also decided to infuse $630 Mn (INR 4,472.50 Cr) into three branches of the Indian unit — Amazon Pay, Amazon Retail and Amazon Sellers Service.

As per business intelligence platform Paper.vc, Amazon will invest INR 3,400 Cr in Amazon Seller Services, INR 900 Cr in Amazon Pay India and INR 172.50 Cr in Amazon Retail to push them more aggressively in the Indian market. | To read full story, visit https://startuparound.com/read/1574132406.0539017/Here’s-Why-Jeff-Bezos’-India-Visit-&-Modi-Meeting-Are-Critical-For-Amazon?ref=audio_experience

In 2014, they invested Rs 40 lakh to launch Mumbai-based Ufaber, an online education company that offers world-class products to help students get the results they want in examinations, develop language proficiency, and gain employability skills.

The company also provides students with a repository of knowledge through a well-equipped library of video content available on demand.

This was the problem that Ufaber wanted to solve, and help each student from the entire batch to score well.

The company, which competes with the likes of Simplilearn, Vedantu, and Byju’s, claims Rs 20 crore in revenue for 2019. .

“Ufaber is planning to have six lakh students in one year in a couple of years,” the co-founders say. | To read full story, visit https://startuparound.com/read/1574130605.7082715/From-an-investment-of-Rs-40-lakh-to-Rs-20-Cr-revenue,-how-Ufaber-found-success-with-hyper-personalised-learnin?ref=audio_experience

Imagine if you gave the power of drag and drop machine learning and automation to every employee in your company.

And the citizen data scientist role would finally come into its own.

In other words, they can’t code or don’t have deep data science expertise.

At the same time, the availability gap for professional data scientists remains a significant challenge.

Get the whole story:The citizen data scientist role has become integral to cross departmental strategy and initiatives, and new machine learning tools are helping companies dig deeper into their data than ever before. | To read full story, visit https://startuparound.com/read/1574128807.6983473/Unlocking-the-potential-of-the-citizen-data-scientist?ref=audio_experience