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Morning Briefing (12 Min Reading Time)

Top news & stories of the startup ecosystem from India & around the world

Latest From The Indian Startup Ecosystem
Individuals May Soon Open Public EV Charging Stations Without Licenses
Individuals in India may soon be able to open their own public electric vehicle (EV) charging stations without having to apply for licenses. According to reports, the government is looking to remove licensing requirements for setting up EV charging stations.
Startup Policy Rundown: National Electronics Policy 2018, PM Modi’s GeM Push And More
Reflecting the series of policy reforms taken by the Indian government as well as various state governments’, India has jumped 23 positions in the World Bank’s Ease of Doing Business report 2019, reaching 77th position from its rank of 100 in 2017, among the 190 countries assessed by the World Bank. Let’s take a look at this month’s startup-related policy initiatives.
Ecommerce Platforms Used Predatory Pricing For Selling Mobiles, Says Industry Body
Mobile devices industry body, India Cellular and Electronics Association (ICEA) has reportedly alleged that ecommerce platforms  which accounted for about 45-50% of total mobile sales last month, used predatory pricing to boost sales. Predatory pricing can be understood as selling of products at such a low pricing that it forces other players to stop selling the same product and quit the market.
Chart Of The Day
Fact sheet by Inc42 Datalabs.
Featured Stories
Lending Cos Will Deploy More Targeted Algorithms: Geetansh Bamania Of RentoMojo
According to the IIT-Madras alumnus, one of the bigger difficulties for businesses especially such as his is the marketing budgets, wherein one is supposed to reacquire a consumer over and over again. Keeping this in mind, most services and product classes in the future will shift to the subscription model, the wheels of which are already in motion.
Understanding The Deeptech That Goes Into Avaamo’s Enterprise Chatbots And Voice Assistants
Slowly but surely, Google Home, Alexa, Siri-Homepod, and Cortana have made their way into our daily lives, becoming invisible members of our homes. With a view to understanding the technology behind enterprise chatbots, their nuances, and the efforts made by companies to meet market expectations and eliminate any scope of failure, Inc42 spoke with Sriram Chakravarthy, co-founder and CTO, Avaamo, an AI startup.
Ecosystem
Recent Stories From Around The World
Walmart Is Building An AI Lab Inside One Of Its Store (TechCrunch)
Walmart  has just announced its plans to launch what it’s calling an Intelligent Retail Lab inside one of its stores in Levittown, New York. The idea is to test both associate and customer experiences. For example, Walmart wants to use artificial intelligence to better identify when items are running low on stock so that it can proactively replenish the stock.
Fossil Sport Smartwatch Debuts With New Wear 3100 Chip And Wear OS(The Verge)
Fossil has announced its first smartwatch with a Snapdragon 3100 chip and Google’s redesigned Wear OS. The wearable, called the Sport Smartwatch, comes in six different colors — gray, pink, red, blue, green, and black — in both 41mm and 43mm sizes. There’s also a wide range of silicone straps (28 in total) that are interchangeable and water-resistant.
Twitter Co-Founder Ev Williams Says In Retrospect That Showing How Many Followers You Have Wasn’t ‘Healthy’ (Recode)
Ev Williams, a Twitter co-founder and board member, said that, in retrospect, it wasn’t a great idea for Twitter to show follower counts on user’s profiles. The same goes for the Suggested User List, a project that Williams was highly critical of when he was CEO.
Read More Top Stories On Inc42
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