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Welcome To IANS Live - SCIENCE AND TECHNOLOGY - Amazon launches $250 mn fund to support Indian startups

Photo Credit: IANS
IANSLive
New Delhi, April 15 (IANS) E-commerce major Amazon on Thursday announced a $250 million fund Amazon Smbhav Venture Fund to invest in startups and entrepreneurs focusing on technology innovations in SMB digitisation, agriculture and healthcare.
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© 2021 IANS India Private Limited. All Rights Reserved.
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Update: 15-April-2021 ....

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Welcome To IANS Live - BUSINESS - Amazon launches $250 mn fund to support Indian startups

Photo Credit: IANS
IANSLive
New Delhi, April 15 (IANS) E-commerce major Amazon on Thursday announced a $250 million fund Amazon Smbhav Venture Fund to invest in startups and entrepreneurs focusing on technology innovations in SMB digitisation, agriculture and healthcare.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.
For news, views and gossips, follow IANS at Twitter.
Update: 15-April-2021 ....

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Bridging online, offline retailing

DUE to the Covid-19 pandemic and the resulting lockdowns in 2020, retail businesses had to scramble to go online in order to regain sales and survive, while work-from-home workers adapted to shopping online.
Lazada Malaysia chief marketing officer Diana Boo noted that the online shopping platform saw a 300% increase in new sellers on-board last year, via its Pakej Kedai Pintar stimulus plan which aimed to assist local small and medium enterprises (SMEs) to sell online.
“The overall digital economy has grown. We’re not the only e-commerce platform. There are many small businesses that have gone online. And even after the movement control order (MCO) was lifted, consumers continue to stay online, ” said Boo at the Smart Retail: Powering Nation’s Digital Economy two-day live virtual conference, held at end-March. ....

New Zealand , Joan Yeoh , Surina Shukri , Lin Zheng , Vittorio Furlan , Greg Harford , Hasnol Zam Ahmad , Janina Vriesekoop , Shirley Tay , Geoff King , Shafie Shamsuddin , Willem Smit , Adam Geneave , Vivy Yusof , Pakej Kedai Pintar , Customer Experience Industry Panel , Credit Guarantee Corp Malaysia Bhd , Star Media Group Bhd , Ministry Of Domestic , Malaysia Retail Chain Association , Luck Group , Malaysia Digital Economy Corp , Consumer Affairs , Asia School Of Business , Digital Operations Industry Panel , Diana Boo ,

Birsa univ postpones counselling session, suspends physical classes | Ranchi News

Representative Image.
RANCHI: The Birsa Agriculture University (BAU) on Monday postponed its counselling sessions for PG and PhD students, which were to be held both online and offline on April 7, 9 and 12, in the wake of a surge in Covid-19 cases. BAU official Pankaj Vatsal said, “A committee will work out the modalities for completing the counselling process.”
The decision was taken in a meeting chaired by vice-chancellor Onkar Nath Singh and attended by the dean, director and other officials.
Last week, BAU had shut its administrative building till Tuesday for fumigation after three of its staff members tested positive for Covid on Saturday. ....

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Rising digital demand pushes banks to shut down branches

Rising digital demand pushes banks to shut down branches
Posted : 2021-04-04 16:47
By Lee Min-hyung
Major commercial lenders here are reshaping their sales strategies by speeding up closures of conventional branch offices and shifting to digital banking.
Banks consider the move inevitable at a time when they have to cut fixed costs and focus more on establishing their own online and mobile ecosystems.
Industry officials voiced their consensus that demand for physical office space would keep declining down the road and the office shutdown will continue picking up more steam for the next few years amid the pandemic-induced rise of digital banking. ....

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