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News Roundup: 7 Startup Stories That You Don't Want To Miss This Week [14 November - 19 November

— By INC 42 | November 19, 2016, 11:02 am

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Alibaba's Single Day's sales crosses $1 Bn in sales in the first one hour, which is way ahead from Indian ecommerce unicorn's entire year sale. Alibaba's Single's Day Sale has reportedly grossed $17.8 Bn in sales. However, the festive season sales in India which ran in the last week of October, right before Diwali saw $2.2 Bn in sales, which is the combined amount for Flipkart, Myntra and Snapdeal.

In another development, Udacity India has launched GetHired to get direct interviews for its Nanodegree graduates. This initiative is limited to 500 people in first batch and the admission is invite based. The salaries range from INR 6 Lakhs to INR 18 Lakhs per annum, with average of more than INR 10 Lakhs per annum.