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Flipkart, Ola And Other Set Up Lobby Group Indiatech.org

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Flipkart, Ola And Other Set Up Lobby Group,Lobby Group Indiatech.org,E-commerce startups launch lobby group,Flipkart and Ola Launch Lobby Group,Flipkart founder Sachin Bansal,Ola founder Bhavishg Aggarwal,Home Grown Startups Indiatech,Startup Stories,Latest Business News 2017

Homegrown internet companies are coming together to launch an industry body, Indiatech.org, to solely fight for local companies and battle against ‘deep pocketed’ global competitors. Internet startups such as the ecommerce firm Flipkart, ride hailing startup Ola, travel portal MakeMyTrip and others are reportedly in talks to create a lobby group focused on weeding out competition from foreign players like Amazon and Uber. The formation of the lobby group has been in the works for over a year now and aims to provide a cohesive voice and structured platform to local players.

The lobby group, which will be led by Flipkart founder Sachin Bansal, will represent the interests of local ventures for favorable laws in the digital commerce market space. It will function as a  nonprofit organization which will also focus on issues like job creation, skills training and providing resources to scale up Internet businesses.

A news daily reported, online classifieds player Quikr and messaging application Hike are the other founding members of the group. Sachin Bansal, as the founding president and chairman, will appoint an ex-IAS officer as the CEO for the group by next month. The formation of the lobby group, which plans to become the Nasscom of the startup space, signals an aggressive stance by the country’s top Internet entrepreneurs in promoting homegrown companies.

The aim of the body will be to push the government to make policies favoring domestic startups as some of these companies are struggling to fight competition from global players. Ola founder Bhavishg Aggarwal and Sachin Bansal were the first entrepreneurs to raise their voice against the aggressive spending by overseas companies. The group has also invited investors such as SoftBank, Tiger Global Management, Steadview Capital, Accel India and Matrix Partners India, to be a part of the initiative.

In June this year, the All India Online Vendors Association (AIOVA) also asked the government to institute a regulator for the ecommerce sector.  AIOVA has reportedly requested for a grievance cell for online sellers and a set of accounting and auditing standards.
 

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CoRover Unveils BharatGPT Mini: India’s First Offline Multilingual AI

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CoRover has launched BharatGPT Mini, India’s first offline multilingual AI model, at VivaTech 2025 in Paris, with the event officiated by Union Minister Jitin Prasada. This innovative Small Language Model (SLM), featuring around 534 million parameters, is specifically designed for edge devices and low-compute environments, enabling robust AI capabilities without the need for cloud connectivity. Its ability to function entirely offline and support 14 Indic languages makes it a powerful tool for digital inclusion, particularly in rural and remote regions where internet access is limited.

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Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

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