As the country grapples with an oxygen crisis amid the second wave of the coronavirus pandemic, startups in India have stepped up to help in procurement efforts.
On Saturday, logistics startup Delhivery s co-founder Sahil Barua said in a LinkedIn post: We re flying charters into India with oxygen concentrators and other essential supplies and can build more capacity on demand. If you need help with logistics or wish to collaborate with us on this please reach out to Vikas Kapoor or to me immediately (ceo@delhivery.com).
Shailendra Singh, managing director at Sequoia Capital, tweeted earlier in the day asking for leads on importing oxygen concentrators to India. By evening, he tweeted, thank you everyone, we got a few dozen leads that we are pursuing now, including some amazing referrals from our friends in Sequoia China . gratitude .
Paytm’s NUE edge
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Though the race for a new umbrella entity (NUE) licence from the Reserve Bank of India includes consortia led by Amazon, Tata and Reliance,
Paytm CEO Vijay Shekhar Sharma believes his consortium has the edge as it includes a diverse set of companies.
In an interview with ET, Sharma said the Paytm-led NUE could focus on creating national payment networks in the space of transit, remittance and business payments among merchants.
Also in today’s letter: Govt gets court notice on new IT rules
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