Paypal launches incubation centre in Chennai Payment gateway PayPal is setting up a startup incubation centre in Chennai in partnership with The Indus Entrepreneurs (TiE) to provide office space, mentoring, technical training, and networking opportunities, reports The Hindu. Paypal has incubators in its Boston and New York offices, but this is the first time that the company has tied up with an external agency to do so. The company will offer business and technology advice to incubated startups apart from connecting them to VCs. They will include 8-10 startups in the first batch and the average incubation period will be 12 months. The company had launched PayPal Blueprint towards the end of last month to provide mentorship, customer service and free payment processing to startups. It's not clear if the one being set up in Chennai is part of this programm. It is also not clear where interested startups should head to if they want to be part of the incubator in Chennai. Indian Angel Network reaches out across the border Indian Angel Network has called for applications under its Indo-Pak initiative called ‘Startup Dosti’, the cross-border business plan competition that has been developed in partnership with the Karachi-London based SEED Ventures and the Washington DC-based Atlantic Council. The top five selected teams from India and Pakistan will be flown to Thailand where they will spend a week together and pitch to a cross-border panel of investors for the finals, with a chance to enter into on-the-spot negotiations and walk…
- LinkedIn introduces Aadhaar enabled-ID Verification feature for Indian Members June 9, 2023
- ChatGPT fun but not funny: Students in Germany put ChatGPT’s humor to the test June 9, 2023
- Google Announces “Secure AI Framework” to Help Companies Deploy “Secure-By-Default” AI Systems June 9, 2023
- RBI adds eight more entities to list of banned forex trading platforms June 9, 2023
- Video: Why are civil society organizations opposing the proposed Aadhaar related amendments? June 9, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Is it safe to consider all "publicly available data" as public?
PhonePe launched an e-commerce buyer app for ONDC called Pincode. We, however, believe that it should also launch a seller app.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...