🚀 Paytm Salary Caps, PhysicsWallah's New Fund, & More | Startup News Shots Ep. 258

1. Paytm proposes salary caps for board members, limiting remuneration to INR 48 lakh.
2. BlueStone secures INR 900 crore in pre-IPO funding from Peak XV, Prosus, and others.
3. PhysicsWallah launches "School of Startups" and a INR 100 crore fund to support new ventures.
4. ONDC launches a 6-minute loan service, aiming to revolutionize fintech.
5. Foxconn Singapore invests $1.2 billion in its India unit.
6. Ather Energy expands overseas by entering Sri Lanka to boost EV adoption.
7. Zomato shuts down its intercity offering "Legends" just over a month after its relaunch.
8. Zerodha introduces a privacy mode to mask real-time profit/loss changes.
9. The Centre considers allocating up to INR 40,000 crore for an electronics component manufacturing scheme.
10. Magicpin co-founder Brij Bhushan joins Prime Venture Partners as a venture partner.
11. LoanKuber secures $3.5 million to accelerate its fintech expansion.
12. DroneAcharya wins an INR 50 lakh order from IIT Ropar to upskill 100+ individuals in drone technology.
13. Navi Finserv welcomes former RBI executive Anil Kumar Misra to its board.
14. The Centre collaborates with states to boost space subsystems manufacturing.
15. Amazon India reduces selling fees by 12% ahead of the festive season to drive growth.
16. Nazara acquires UK-based gaming studio Fusebox Games for INR 235 crore.
17. TAC Infosec to acquire Cyber Sandia to enhance its presence in the US public sector.
18. Zomato introduces an order scheduling feature for enhanced convenience.
19. FirstCry receives an IT department notice over INR 80 crore ESOP expenses.

Tags: #Paytm #PhysicsWallah #Zomato #AtherEnergy #Foxconn #startupnews #businessnews #microshots