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Daily Capsule | 14th September

Of dual SIMs and the costliest ever iPhone – all you need to know about the latest Apple announcement

An Apple product announcement tends to be fairly routine – kickass promos, newer, fancier products mixed with some good, old-fashioned old pomp and pageantry. The tech giant held its annual debut event on Wednesday morning at the Steve Jobs Theatre at its Cupertino headquarters in California and revealed all that was new in the Apple universe. Here is everything you need to know about the latest Apple announcement.

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Raising money isn’t the way to building a great startup; building value is: experts at Elevate 2018

The Government of Karnataka has shortlisted 250 finalists at Elevate, its startup competition. But starting up is only the first step in what’s likely to be a long journey. The other steps include growing the company, raising money, and scaling up. On Tuesday, the government brought in four top founders – of ZoomCar, NestAway, Chumbak, and Your Story – to talk about their journey and prep young startups for the real world.

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After Uber and Ola, these cab aggregators are gearing up for the online rental space race

For some years now, India’s cab market has been dominated by two players – Uber and Ola. The two firms have been facing off since San Francisco-headquartered Uber entered India in 2013, two years after Ola was founded. According to a report released by ICRANSE, the Indian passenger vehicle industry is likely to ride on the “strong growth potential of domestic taxi segment” in the near term. But Ola and Uber are not the only cab services racing to get a pie of the online rental market. YourStory lists a few cab aggregators that will help you with your rental needs and let you book inter-city cabs.

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Karnataka selects 77 startups for funding at Elevate 2018

The Karnataka government on Tuesday announced the winners of Elevate, its startup initiative. The state has chosen 77 startups for funding this year from the 246 startups that pitched to the high-profile jury. All 77 startups will receive funding up to Rs 50 lakh each from the state IT, BT and S&T department. The programme, part of the startup policy launched by the state government in November 2015, is run under the Startup Karnataka initiative of the Ministry of IT-BT and S&T.

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Rejection isn’t the end of the road for a startup: VCs offer funding advice to entrepreneurs

Bengaluru-based Indian language knowledge sharing platform Vokal has raised $6.5 million led by Kalaari Capital, as a part of its Series A round. The platform, founded by Aprameya Radhakrishna and Mayank Bidawatka, had in July raised $5 million led by Shunwei Capital. Vokal is a peer-to-peer knowledge-sharing platform for India’s non-English Internet users.

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Policy paper and a proposed regulatory framework for blockchain and cryptocurrency in India

Can the “blockchain good, crypto bad” ideology work? To find out, download the report “Realising India’s Blockchain Potential” that puts light on issues related to Blockchain and creates a dialogue between regulators and the blockchain community in India

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Deep Kalra on Scaling-up your start-up: It’s all about the Product-Market-Fit

MakeMyTrip’s Deep Kalra shares how he created, grew & perfected a product for a market where no one bought online.Listen to the #BuildingItUp with Bertelsmann podcast