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Indian government set to ban cryptocurrencies bbc.com The latest draft of a government bill to be submitted in India aims to ban most cryptocurrencies.

Founded by two Indian entrepreneurs, Indonesia’s BukuWarung is changing the way SMEs record transactions yourstory.com Jakarta-based BukuWarung, founded by Abhinay Peddisetty and Chinmay Chauhan, is building bookkeeping by creating an ‘operating system’ for small merchants.

Park+ Raises $25 Million Funding From Sequoia Capital India, Others moneycontrol.com Existing and new investors, including AdvantEdge, Fund II – A Series of Somani Investments LP and Motherson Lease Solution Limited, also participated in the series B round, a statement said.

EXCLUSIVE: Singapore's Shopee Clocks Over 100,000 Orders A Day In India, Emerges As Amazon & Flipkart Challenger moneycontrol.com From sticky traps for rats to brass necklaces to Hello Kitty mobile covers, Shopee is heavily focusing on unbranded and fast fashion products besides popular categories like electronics and smartphones in India.

Sequoia Capital India, 120 angel investors back former Google execs’ consumer finance startup Arbo Works – TechCrunch techcrunch.com A team of Google executives, many of whom worked with one another for years, left the company earlier this year to launch a startup. The fintech firm, Arbo Works, has raised a financing round led by Sequoia Capital India, the two said Thursday. Arbo Works, spearheaded by Caesar Sengupta, said on Th…

SoftBank may invest $10 billion in Indian startups in 2022 economictimes.indiatimes.com India has been a bright spot for SoftBank, whose Vision Fund reported a record loss of $7.2 billion for the quarter ended in September.