Bangalore-based Bitcoin Startup Unocoin Raises $1.5 Million in Funding Led by Blume Ventures
The funding round was led by Blume Ventures, with additional participation from Mumbai Angelsandah! Ventures, Digital Currency Group, Boost VC, Bank to the Future, Bitcoin Capital and FundersClub.
Show Cause Notices to Amazon, Snapdeal, And Others For Selling Refurbished Phones From Abroad
The Environmental Ministry has issued show cause notices to e-commerce giants Amazon, Snapdeal, OLX, eBay, and a dozen other sites for selling refurbished phones from abroad in India.
India’s Unemployment Rate Rises to Five-year High in 2015-16
The country’s jobless rate rose to 5% with females having the highest unemployment rate at 8.7% for women as compared to 4.3% for men.
Amazon Brings Aditya Birla’s Brand ‘Abof’ as Seller Ahead of Great Indian Sale
Amazon India has roped in Aditya Birla’s own label brand, Abof, as a seller on its marketplace, as the company gears itself for the upcoming festival sale. This is Abof’s first foray outside its own website.
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