Covid-19: India Inc grapples with vaccine hesitancy
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Synopsis Sameer Kumar, a food delivery agent in the national capital, has still not taken the jab despite regular reminders from his employer. “I have heard that it makes you terribly sick,” said Kumar. “Nobody back in my village has taken it for the same reason.”
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(This story originally appeared in on Jul 03, 2021)Sameer Kumar, a food delivery agent in the national capital, has still not taken the jab despite regular reminders from his employer. “I have heard that it makes you terribly sick,” said Kumar. “Nobody back in my village has taken it for the same reason.”
Urban Company raises $190 million, valued at $2 billion
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Urban Company, a Gurugram, India-based tech-enabled home services marketplace, raised USD255M in Series F funding in a round that valued the company at $2.1 billion.
The latest round, which included a primary capital infusion of USD188m and a secondary sale of approximately USD67m by select angels and early investors, was led by Prosus Ventures, Dragoneer and Wellington Management, with participation from Vy Capital, Tiger Global and Steadview.
The company will use the funds towards innovation, training, product development, enhanced quality control and safety measures for both partners and consumers, increasing its geographic presence by entering the top 100 cities in India and further expanding into international markets.
Too legit to quit
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Keen to establish themselves as legitimate businesses in the eyes of banks, India’s
crypto exchanges are uniting under the Internet and Mobile Association of India to draw up and implement a code of conduct.
Also in this letter:
Crypto exchanges draw up ‘legitimacy plan’
India s
cryptocurrency industry plans to overhaul and standardise its disclosure and compliance mechanisms to establish itself as a legitimate business in the eyes of banks.
What’s the plan? Leading cryptocurrency exchanges such as WazirX, CoinDCX and CoinSwitch Kuber have partnered with the Internet and Mobile Association of India (IAMAI) to set up an advisory board that will implement a code of conduct for the industry, sources told us.
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