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Cisco to invest $3-5 in Indian 'enterprise SaaS' start-ups - The Hindu BusinessLine


Cisco to invest $3-5 million in Indian ‘enterprise SaaS’ start-ups
March 09, 2021
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Networking giant Cisco is looking to invest $3 million to $5 million in Indian enterprise SaaS start-ups for a minority stake. The company has a portfolio of about 10 start-ups that it has already invested in directly or through investment partnerships with VC funds.
Whatfix, Videonetics, Mobikwik, Mobstac and CloudCherry are some of the start-ups in its portfolio in India.
“Globally we invest about $100 million to $200 million every year, from Series A to late-stage growth investments. There is no specific allotment to India, because we don’t operate that way. India investments may ebb and flow according to the opportunities we see in the market and the strategy we want to execute. The sweet spot for our India investments would be in the $3 million to $5 million range” said Pankaj Mitra, Director and India Head, Cisco Investments & Acquisitions. ....

Pankaj Mitra , India Head , Cisco Investments , Stellaris Venture Partners , Reimagine Applications , Empowering Teams , Cisco Launchpad , Enterprise Saas , Venture Capital , App Dynamics , பங்கஜ் மித்ரா , இந்தியா தலை , சிஸ்கோ முதலீடுகள் , றெமகினே பயன்பாடுகள் , அதிகாரம் அணிகள் , சிஸ்கோ ஏவூர்தி செலுத்தும் இடம் , நிறுவன சாஸ் , துணிகர மூலதனம் , செயலி இயக்கவியல் ,

Inactive Mobikwik users face maintenance charge


Inactive Mobikwik users face maintenance charge
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Inactive Mobikwik users face maintenance charge
Digbijay Mishra / TNN / Feb 23, 2021, 10:25 IST
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(Representative image)
BENGALURU: E-wallet Mobikwik is going to charge consumers anywhere between Rs 100 and Rs 140 as “wallet maintenance charge” from inactive users, a first in the Indian market.
The levy will kick in if users don’t reactivate the wallet after a seven-day notice period. The new policy was rolled out on Sunday evening and stands effective immediately.
While this update has already triggered some criticism among users, Mobikwik executives said it will refund the money if a user reactivates the wallet even after the maintenance fee has been debited and does a transaction. ....

Chandan Joshi , E Wallet Mobikwik , Reserve Bank , Though Mobikwik , Unified Payments Interface , Business News , Mobikwik Wallet , Mobikwik Users , Mobikwik Maintenance Charge , Mobikwik Maintenance , சந்தன் ஜோஷி , ஏ பணப்பை மோபிகுவிக் , இருப்பு வங்கி , என்றாலும் மோபிகுவிக் , ஒருங்கிணைந்த கொடுப்பனவுகள் இடைமுகம் , வணிக செய்தி , மோபிகுவிக் பணப்பை , மோபிகுவிக் பயனர்கள் , மோபிகுவிக் பராமரிப்பு கட்டணம் , மோபிகுவிக் பராமரிப்பு ,