What’s inside Aadhaar-linked Skype Lite?

skype_feSkype Lite, the 13MB video-calling app that works flawlessly even on a slow network, could well be the answer to the woes of scores of mobile users struggling to keep up with call drops and barely-workable data speeds in India. A lighter version of Skype, the video conferencing service from Microsoft, sits light on the […]

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Ola, Uber drivers begin indefinite strike in Bengaluru; services paralysed

ola-uber-feNearly 90% of the one lakh cab drivers associated with taxi-hailing companies Ola and Uber are taking part in an indefinite strike in Bengaluru, bringing the app-based taxi services to a grinding halt in the city. The protesters demand better incentives and relaxed work hours and call for an immediate decision on stopping attachment of […]

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Freshdesk plays catch-up with Zoho and Salesforce, launches app marketplace

freshdeskChennai-based Freshdesk Technologies Pvt Ltd has launched its own app marketplace for developers and clients, the company said in a press statement. The marketplace allows customers to discover and install apps and helps maximise the capabilities of their helpdesk. Developers can earn revenue through integrations and extensions. It enables flow of information between Freshdesk and […]

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MobiKwik to invest $45 mn on merchant, user acquisition

MobiKwikDigital wallet MobiKwik, run by One Mobikwik Systems Pvt. Ltd, will invest Rs 300 crore (about $45 million) this year on acquiring merchants and users, as it looks to increase its share in the highly competitive payments market. Nearly Rs 50 crore is being invested to set up 13 offices and hire over 1,000 employees, […]

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FreeCharge CEO Govind Rajan quits

Govind RajanFreeCharge chief executive officer Govind Rajan has resigned from the company just nine months after he was appointed to lead the Jasper Infotech-owned digital payments subsidiary. “It has been a unique privilege to helm FreeCharge in these exciting times of rapid growth and user-focussed innovation. I am confident that FreeCharge will achieve still greater heights […]

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Fin-tech sees sharp funding slowdown, but there’s a silver lining: KPMG

IDG, Accion to invest more in CreditMantriVenture capital (VC) investments in India’s fin-tech sector nosedived to a mere $216 million in 2016, a far cry from the previous year’s $1.6 billion, according to KPMG International’s quarterly report on global fin-tech investment that was released Wednesday. “This decrease highlights the impact a lack of mega deals can have on a country as […]

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Exclusive: Dating app Vee pivots again – this time to woo SMEs

For-Vee-Dating-App-Story-TC_romantic-sun-drink-dateLightspeed Venture Partners-backed GetVee Technologies Pvt. Ltd, which operated dating app Vee, has pivoted its model for the second time to become an e-commerce enabler for small and medium enterprises (SMEs), its founder Nitin Gupta told Techcircle. “We thought of it as an interesting opportunity with the change in the ecosystem, and the government’s push […]

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BharatQR code: Another milestone on the less-cash road?

QR-codeFollowing its demonetisation move on November 8 last year, the government has taken a series of steps towards a less-cash, digital economy, notable among them being the Unified Payments Interface (UPI) and the BHIM app. With the launch of BharatQR code, the world’s first interoperable payment acceptance solution, on Tuesday, it has tried to make […]

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Now government to take on VC-backed wallet startups with ‘cashback’ for BHIM app

For-BHIM-Story_Ankit-Kumar2Aimed at giving a boost to digital transactions, the government will soon announce a cashback scheme for Bharat Interface for Money (BHIM) app users, Amitabh Kant, CEO, NITI Aayog, has said. Since its launch in end-December,  BHIM app has been downloaded by 17 million users, creating a world record, Kant said, adding that other digital […]

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