#01Oct: With Economy In Slowdown, Modi Pins Growth Hopes On Startups; UPI Transactions Reach 955 Mn

? Modi suggests Indian startups can help the country achieve the $5 Tn economy target.

? Ayushman Bharat scheme counts Ola, Uber, Google and others as partners.

? Khatabook, an app that enables SMEs to record and track business transactions digitally, has raised $25 Mn Series A round.

? Wipro sets aside $28 Mn to invest in retail startups.

? Mumbai-based mattress brand SleepyCat has raised $1.5 Mn in its Series A seed round.

? MakeMyTrip, OYO, Paytm, Swiggy, Zomato and Uber have come together to check online fraud.

? Andhra Pradesh govt issues tender for 350 AC electric buses.

? Paytm Mall has partnered with over 30K offline stores to support festive sales

? UPI Transactions reach 955 Mn despite slowdown in September.

? Bengaluru police department is all set to roll out AI-based traffic signals at most city junctions.