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Startup Street: Dealersocket's India expansion plans and EarlySalary for the millennials

Updated : January 14, 2020 08:44 PM IST

Global automatics software solutions company Dealersocket has launched its new center of excellence in India, the company's largest one across the world. Startup Street spoke to Sejal Chokshi Pietrzak, president, and CEO of Dealersocket to discuss the company's India plans.

The month-end cash crunch is not only a familiar millennial life story but also a start-up's concept card. Pune-based fin-tech start-up EarlySalary is India's largest online consumer lending platform and is working to cater to the credit needs of young professionals. EarlySalary uses machine learning and social parameters to score potential customers -- it has completed over 1 million transactions on the platform. Alisha Sachdev checks in with the founder, Akshay Mehrotra to find out more.

India's competition watchdog CCI has ordered an investigation into alleged competition law violations by Amazon and Walmart's Flipkart. This investigation order comes at a time when Amazon's chief Jeff Bezos is expected to visit India for a company event. The CCI said that exclusive arrangements between mobile phone brands and e-commerce platforms, as well as allegations of e-commerce companies giving preferential treatment to certain sellers "merits an investigation". Startup Street spoke with MM Sharma, head of competition law & policy at Vaish Associates and Chanakya Basa, partner at Justicetap and counsel for All India Online Vendors Association.
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