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Acko offers personalised insurance based on user consumption behaviours; raises US$30M in seed funding

Acko aims to make insurance straightforward that consumers don’t need to talk to multiple people to get advice or fill up forms 

With this three-pronged system, you can create a sustainable business strategy

Your business plan might look good on paper. But we don't live on paper. We live in a world where the most sought after asset is value 

Indian m-commerce company Paytm unveils payments bank; customers to get cashbacks on deposits

Paytm payments Bank offers 4 per cent interest rate on savings account, and also offers current accounts to its millions of merchants 

Gree Ventures closes second fund, oversubscribed at US$67M final close

Gree Ventures has been targetting to raise US$60 million for its AT-II Investment Limited Partnership Fund 

IoT-enabled facilities management firm Ixora acquires majority stake in on-demand home improvement startup Renowala

Renowala is an online marketplace that lets interior designers and home owners come together for their home improvement and design requirements 

Indian logistics startup Delhivery raises US$30M from Fosun, Carlyle; on course to raise over US$100M more

Delhivery is one of the heavily-funded, fast-growing logistics companies, with express logistics services in over 600 cities and in more than 8,500 ZIP codes in India 

EzCred provides loans to Indian consumers for purchases at retail shops; raises US$1M seed funding

Unlike traditional consumer finance companies, EzCred uses Aadhaar, eKYC and biometric-enabled authentication to process and disburse loans, avoiding paperwork 

This IoT solution can predict power outages in your building and also help you save 30% energy

Indian startup Zenatix's solution WattMan provides updates regarding predictive and preventive maintenance of electrical assets through its cloud-based intelligent controls 

Snapdeal denies allegations of non-payments, says it does not owe money to sellers

Snapdeal claims that payments are made six to ten times per month and typically sellers receive the same within three to five days of the sale of their goods 

Indian startups should build ubiquitous solutions for India-specific problems, says Jaya Kumar K, ex-MD of Walmart Labs

We try to understand what would work in a Indian context for startups and what would probably work there to attain sustainable success