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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.

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.

Crypto bill can take India to the forefront of blockchain tech, say industry experts economictimes.indiatimes.com "The journey of discovery that India is travelling in terms of regulating cryptocurrencies is one that most governments have to address and implement according to what is right for them at the time,” says an industry expert

Why are Indian startup founders fleeing to Dubai? restofworld.org “We are going back to the internet-boom era, where most of the tech founders or anybody who thought they could create a good product moved out.”

India’s Simpl raises $40 million for its buy now, pay later service – TechCrunch techcrunch.com Bangalore-based fintech startup Simpl has raised $40 million as it looks to expand its online buy now, pay later service’s offerings in the world’s second-largest market. Valar Ventures and IA Ventures led the six-year-old startup’s Series B round. LFH Ventures and some existing investors also part…

IT Spending In India Will Reach $100 Billion By 2022: Gartner moneycontrol.com This is up 7 percent from what the companies spent the previous year, driven by digital transformation in the wake of the COVID-19 pandemic.