It’s Monday morning, and is customary, it’s time to do a quick wrap-up of the posts published on trak.in last week. If you were offline for any reason, this is a great to catch up with all the tech buzz!
Formerly named Live Braille, EmbroS is the world’s first human augmentation startup creating products for people not having access to basic sensory functions. A person is not an entrepreneur unless he/she is solving problems, instead of building ideas around them.
Paytm, India’s leading mobile commerce company and one of entities to get payments Bank license today announced it’s partnership with IT services major Wipro. The company has been assigned to develop core banking solution for their upcoming Payments Bank.
For the first in the history of India, Income Tax records of Indians have been made public. Central Board of Direct Taxes and Department of Revenues under Ministry of Finance revealed Income Tax data between 2000-01 to 2014-15 last week; and the information may be unsettling and shocking for some.
Corporate Affairs Ministry has said that strict action would be taken against 169 companies for failing to recruit any woman directors. The action would be taken under strict guidelines of Companies Act 2013, which mandates women directors for some specially listed companies.
Sudhir Yadav, an RTI Activist from Gurgaon has filed a petition in Supreme Court of India, seeking a complete ban on Whatsapp. This special petition has been filed after Whatsapp decided to encrypt all messages on its platform.
Uber, even after Delhi CM Kejriwal’s directive, has reacted by continuing with surge prices in Delhi. Although Ola has not officially said anything about the issue, Uber does not want to reduce the number of cabs available on the road because of this ban.
After all this time, Cyanogen has decided to end the exclusivity with Yu Televentures and as per reports, Lenovo is going to manufacture smartphones running on Cyanogen OS out-of-the-box. Lenovo will be launching a sub-brand called ‘The Zuk’ which will retail online only.
Flipkart is taking their advertisement business pretty seriously; and they may drag several advertisers to Court over non-payment of advertisement fees.
Google has activated carrier billing on play store fore Idea Cellular subscribers. It is for the first time that career billing is available – till now the only options available were debit or a credit card and redeemable play store vouchers.
Assume that you’re Bing and your competitor is Google. How are you going to get clients over your competitor? Here are some brilliant ways to do it:
May 3, 2016 would be another historical day for Indian ecommerce industry; as on that day, Myntra finally decided that enough is enough. They have decided to return to desktop version of Internet to sell their products and thus, quashed their app-only approach initiated 14 months earlier.
Uber has agreed to allow Paytm wallet for payment of any trip taken outside India as well. This agreement is very similar to Uber’s partnership with Alipay to allow ride payments for the Chinese outside their home country.
We live in interesting times. The Indian startup world is going through its next evolution, and it brings a whole new lexicon. Cockroaches, down-rounds, layoffs are trying to edge-out unicorns, runaways valuations and constant growth. And this is not a bad thing.
Cupertino, California based $300 billion worth Apple has received a huge, rude setback in India. Their plans to sell refurbished iPhones and iPads in India has been quashed by the Indian Govt.
Internet of Things or IoT as defined by TechTarget is – “The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.”
Homegrown Ola is more than twice as big as Uber – Truecaller’s Trueinsights report analysed around 2.5 billion calls made between consumers and service providers to understand the penetration of cab services in the country. Analysis of data between Jan 01, 2016 and April 17, 2016 revealed that 102 million calls were made between Ola and its users compared to 39 million calls for Uber.
This can be the mother of all hacks India has ever encountered. Website of Indian Railway Catering and Tourism Corporation or IRCTC which handles online ticketing platform of Indian Railways has been hacked; and vital details of over 1 crore users are compromised, stolen and most probably available in underground market for sale
To make it easier for users to book auto rides, a new service called ‘Jugnoo Bot’ was launched by the auto-aggregator company. The service will allow people to book an auto ride on Jugnoo’s app, Facebook Messenger app, Jugnoo’s Facebook Page and Desktop Facebook Chat.
Bitcoin enables borderless, permissionless, fast and cheap access to the world of finance. Bitcoin is the Internet of money… Here is how future of Bitcoin looks in India
No matter how appealing the thought of becoming your own boss is, there are always advise givers (who don’t charge you), and also have never been entrepreneurs themselves to water you down. Here are some Myths that are busted for becoming an Entrepreneur
The users can get a Jio 4G sim and a LYF smartphone on a trial basis in exchange for the invite. Yes, getting a LYF phone is also mandatory if you want to use the service right now. This is same as what the employees got in the trial phase – an LTE sim and a LYF smartphone for use.
Tata Group has created world’s first wearable tech gadget, meant exclusively for factory workers. This wrist watch shall inform the worker about critical and real time safety data pertaining to the industry where he is working; and can probably be able to save his life in an emergency.
Flipkart, India’s most valued startup and largest ecommerce portal has decided to open up their platform via ‘Brand Hub’ and make friendship with leading brands from different niches
In collaboration with MapUnity, Flipkart has launched its map services for smart cities to solve issues related to transportation and facilities. MapUnity had earlier launched an initiative ‘TechNagara” to bring forward information related to public governance to the residents.
In one of the major decisions, Indian Govt. has made a slight change to the Finance Bill, which will exempt all startups from paying any capital gains tax after holding shares for more than two years. Foreign investors and VCs would rejoice on this news, as they will be now able to book more profits and pay less tax.
Paytm, India’s leading mobile wallet will now help you make payments for your parking as well! Paytm has tied up with multiple parking management companies and property owners across the country to facilitate parking payment for vehicle owners.
Emerging from the rubble of failed startups, Swiggy has achieved 1 Million orders in April 2016, a staggering average of 33,400 orders every day in the month. A growth of 25% over March 2016 has been observed, an amazing feat for Swiggy at a time when the food-delivery industry seems to be slowing down.
Indian Govt. has approved creation of an e-marketplace, and very soon, all Government purchases related with any industry or sector can be accomplished using this platform. Named as ‘Government e-Marketplace’, this platform would primarily serve as a hub wherein Govt. of India can purchase and sell commonly used goods and services.
Also, make sure to check out most updated Indian Startup Funding and Investment chart that gives you details of over 1500 funding deals on one single page!
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