👀 The Week At A Glance
This week we talked about startup scams, digital banks, edtech wars and much more.
We started this week by talking about a new law that could boost e-commerce and ended it with a discussion about digital banks. Catch up with all this and more in just 3 minutes.
🧐 A New Law to Boost E-commerce?
The government wants to boost e-commerce and small traders. And to kill two birds with one stone it has introduced a new law that allows small e-commerce traders to forego GST registration. But will this law create the impact it aims to? ReadOn to find out!
😲 Indian States in Trouble?
While we have been busy worrying about inflation, we may have ignored a major problem lurking in India: the rising debt of states. This could become a major problem for the whole country in the long run as the government may have to rescue one or more states. But how bad is the situation and how did states get here? ReadOn to find out!
⚔️ Edtech Wars in Kota?
Edtechs have realised that they cannot ignore offline education. So, they are all entering this realm. And the most popular offline destination is Kota. However, one edtech could be making things difficult for everyone else to sustain in this battlefield. Wondering who? ReadOn!
🕵️ How to Get Away With Scams: Startup Edition
Startups were in the news last year because of their unicorn status but this year they are making headlines because of their scams. So, we are revealing the ways in which some startups have been scamming investors. ReadOn!
👩⚕️ Fintech Meets HealthCare
A major problem in India is affordability of healthcare. And one startup called DigiSparsh is trying to solve this problem. It is helping patients fund their medical procedures by giving them easy loans. And that's not all, it is also funding hospitals and their suppliers who also face a funding crunch because patients cannot pay on time. Here's how it does this.
🏦 The Case for Digital Banks
One major problem facing India is a lack of credit. And the NITI Aayog thinks that digital banks can solve this problem. However, the RBI is opposed to this. Here's NITI Aayog's reasoning behind its statement.
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