Y Combinator, the iconic Silicon Valley headquartered startup accelerator, which ran the selection process for its next cohort completely online for the first time due to Covid-19, recently picked 14 India startups for the summer 2020 leg of the programme. Saurabh Nangia, co-founder and CEO of the social media platform for company staffers Mesh, one of the 14 startups selected, joined the newsroom in this episode of TechThisWeek to talk about the latest batch of graduating startups.
Also in the podcast:
- Bengaluru-based information technology (IT) services firm Happiest Minds received approval from the market regulator Securities and Exchange Board of India (SEBI) for listing in stock exchanges.
- The Directorate General of Civil Aviation (DGCA) issued draft rules for in-flight usage of WiFi, six months after the aviation regulator reversed a ban on its usage in March.
- The Competition Commission of India (CCI) approved a stake acquisition by Lightstone Fund in 91Streets Media Technologies, which runs online drug delivery service PharmEasy.
- The Indian government’s National Health Authority (NHA) released the draft health data management policy of its National Digital Health Mission (NDHM), to invite public comments and feedback until September 9.
- Bengaluru-based Mohalla Tech, which runs vernacular social media platform ShareChat, acquired Circle Internet, a hyperlocal news and information platform.
- Hotelogix, AxisRooms and RepUp, providers of technology solutions for the hospitality sector, announced their merger, via a no-cash, stock swap transaction.
- Picking up pace from last week’s positive growth, technology startups attracted a total of $157 million, registering a 59% week-on-week increase.