Startup News | January 23rd

1. Reliance Jio launches UPI payments

2. Amazon India to add 10K electric delivery vehicles by 2025

3. Actor Mahesh Babu launches his apparel brand, The Humbl Co, on Myntra

4. Falcon Edge Capital raises $45.7M for its India-focussed fund

5. Face recognition app to be used in Telangana Municipal polls

6. Digital wealth manager Kristal.AI raises $6M

7. Windrose Capital and ITI Growth invest in maker of the robot that greeted PM Modi and Ivanka Trump

8. The combined wealth of 63 Indian billionaires is higher than the Union Budget for 2018-19: Oxfam

9. Paytm expects 25M merchant bases by next year, says official

10. Softbank-backed enters co-living listing business; partners with OYO, Zolo

11. IAMAI Startup Foundation announces grant up to $100,000 for the most innovative EV solution

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