Why startups should stop being complacent about compliance; Ola plunges deeper into the red; Jason Kothari jumps ship to Infibeam; Q&A with Prime Venture's Sanjay Swamy, Fynd's Harsh Shah

[] [Techcircle]( [linkedin]( [facebook]( Saturday, June 16, 2018 [Interview] [Exit options fade when startups raise too much money: Prime Venture's Sanjay Swamy]( Prime Venture Partners, an early-stage investment firm started in 2011, aims to bring more than just money to the table. Its three founders are serial entrepreneurs.... [With govt ready to hit Ctrl+Alt+Delete, startups must get serious about compliance]( [Ola lost Rs 4 for every rupee earned in revenue for FY17]( [Jason Kothari quits Snapdeal to join Infibeam]( [Google's investment proves we're going in the right direction: Fynd's Harsh Shah]( Funding & deals - [Supply chain finance startup CredAble raises Series A funding]( - [Truecaller buys money transfer app Chillr]( - [US data storage startup Cohesity eyes India foray after backing from SoftBank fund]( - [Interior design solutions marketplace HomeLane raises $3.5 mn]( - [Mutual fund investment platform Nivesh.com gets seed money]( - [Womenswear e-tailer eShakti raises $10.1 mn from PE investor]( - [Hyperlocal delivery startup DailyNinja gets Series A cheque]( - [Ayurveda doctor platform NirogStreet raises seed funds]( - [Local discovery app What's Up Life raises money from TV host Rannvijay Singha]( - [Digital media startup Pixr8 raises seed funding]( - [Cybersecurity firm Network Intelligence gets $4.8 mn from PE firm]( Technology - [How plane maker Boeing plans to leverage emerging tech in India]( - [More startups turning software vendors for large enterprises: IBM's Seema Kumar]( - [Data core to digital strategy, training surgeons on VR: Medanta's Sahni and Sikka]( - [Oxford professors plan first blockchain-based university]( - [Farewell, copy editors? AI is now summarising news on curation app Inshorts]( - [Bitcoin slides as hackers attack South Korean exchange Coinrail]( - [India to release draft data privacy laws by this week: Report]( - [Amid govt concerns, WhatsApp says it shares limited payments data with Facebook]( - [This Gurugram-based startup makes software development as easy as ordering pizza]( - [Northern Railways to monitor cleanliness via WhatsApp. But will it work?]( - [How Chinese schools are secretly using AI to evaluate students' essays]( - [This AI engine only needs a whiff of your breath to detect illness]( - [Cisco and Google roll out early access programme for their hybrid cloud offering]( - [Facebook to let users review businesses in crackdown on misleading ads]( - [Bitcoin slumps to two-month low as regulatory, security concerns persist]( - [Amazon users may soon be able to make payments using ToneTag's sound wave technology]( - [Wipro to help detect fraud in US health insurance claims]( - [Chemists can now discover new drugs using virtual reality]( - [Forget Superman's X-ray vision, now MIT's radio waves can see you through walls]( - [Amazon's job-killing warehouse robots now summoned to the headquarters]( - [Microsoft tech may help Walmart counter Amazon's automated grocery store]( - [Bitcoin prices manipulated by cryptocurrency tether, study finds]( - [Amazon Web Services starts shipping DeepLens camera tuned for AI tasks]( - [Bitcoin, other cryptocurrencies may have a future in India after all]( - [Axis Bank joins chatbot club with AI-powered assistant]( - [Facebook installs new privacy safeguards after pressure from advertisers]( - [Govt mulls changing IP law to boost research in artificial intelligence]( - [Genpact adds new features to modular AI platform Cora]( Others - [After Ola, Chinese ride-sharing giant Didi enters Australia]( - [Former Jabong COO quits Myntra in another top-level exit]( - [Why local startups fretting about foreign rivals should consult Jack Ma's playbook]( - [Facebook's PR chief becomes third top-level exec to quit firm this year]( - [Amazon-backed BankBazaar targeting break-even by end of FY19, says CEO Adhil Shetty]( - [Can Uber woo more Indians with its Lite app?]( - [SEBI sets up panel to review startup listing platform]( - [MobiKwik hires Fullerton India exec to start digital lending biz]( - [Fintech startup Rubique appoints former Experian executive as CFO]( - [IKEA prepares for India debut, with a little help from UrbanClap to ease DIY doubts]( - [Exploring the 'Shangri-La' of good unit economics]( - [Another top-level exit at MobiKwik as marketing and growth head resigns]( [KEEP READING]( [vccircle]( Mosaic Media Ventures Pvt. Ltd. A - 83, Ground Floor, Sector - 2 Noida - 201301, India Tel: 0120-4171111, Email: subscription@vccircle.com [linkedin]( [facebook]( Mosaic Media Ventures Pvt Ltd, A-83, Sector -2, Noida, 201301 India [SafeUnsubscribe™ {EMAIL}]( [Forward email]( | [Update Profile]( | [About our service provider]( Sent by newsletter@vccircle.net in collaboration with [Constant Contact]( [Try it free today](