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From Oxford of the East to a Growing Startup Hub Rachita Sharma, Editor, StartupCityNestled at the foot of ShayadriMountains is Pune, an old historical city with a bright youthful spirit. The second largest city in the state of Maharashtra, for years Pune was largely recognized as a city of culture and art. Home to various educational institutions of repute, the city was christened the ‘Oxford of the East’. However, the city lagged behind when it came to being a financially forward market. ...

Amazon Pay (India) Private Limited, the digital payments arm of the e-commerce giant reported its revenues for the financial year 2019-20 as Rs 1,370 crore, a 64 per cent jump since the last financial year. The company further reported a net loss of Rs 1,868 crore during the same fiscal. This is a 61 per cent increase from the last financial year, show regulatory documents sourced from business intelligence platform Tofler. The company’s total expenses for the fiscal were reported as Rs 3,238...