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Digital payments firm Paytm said it plans to invest ₹500 crore in early stage startups that build complementary technologies augmenting the digital ecosystem. The company will focus on artificial intelligence-based technology and big data solutions for new innovations that can generate large scale employment. "The company has set aside ₹500 crore to invest in...
Calling India its fastest-growing market, Quora is looking to expand its user base in the country with support for more regional languages natively, as well as establishing its first India office. The US-based Q&A social networking platform has also appointed former Yahoo India vice president Gurmit Singh as the new general manager for India.
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The Indian Army’s advisory board has announced a ban on all the popular social media messaging applications, particularly Facebook and WhatsApp, for officers holding crucial posts and others who are vulnerable to hacks and leakage of confidential data. The decision comes in light of the Pegasus-WhatsApp spying controversy which eruped last month. While the...
India is said to have an ATM shortage, and about 15% of ATMs remain dry at any given point of time. The problem is much worse in rural areas, where people have to travel long distances just to access the nearest ATM or a bank. This issue was made much worse by demonetisation of the Indian currency...
With the Federation of Indian Chambers of Commerce and Industry (FICCI) signing an agreement, on Monday, with the Singapore Fintech Association (SFA), India’s ambitious project of taking its unified payments service (UPI) to a global level is going to become a reality soon. The implementation of UPI in Singapore is expected to solve the...
Following an incident where two Uber drivers showed hostility towards a person with 80% locomotor disability, the Delhi Commissioner for Persons with Disabilities has now issued an order recommending Uber to train its drivers on disability rights policy, apart from drawing agreements of penalty if a driver violates the policy. According to a media...
Even as ByteDance-owned short video platform TikTok continues to gain popularity in the Indian market with over 200 Mn users, it has come at the expense of new downloads for Facebook and Twitter in India. A recent report by Kalagato revealed that TikTok’s growth in India is not just in terms of downloads, but...
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Nokia has partnered with e-commerce major Flipkart for launching smart TVs in the Indian market, marking the smartphone maker's foray into the consumer durables space. Flipkart has entered into a strategic relationship with Nokia that grants it the use of the Nokia brand for smart TVs in India – a global first for the brand in the...
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Besides Zomato and Amazon, Delhivery is also planning to enhance its delivery services by infusing electric vehicles (EV) and drones into its logistics. Announcing its plans at the Nasscom Product Conclave today (November 5), Delhivery added that it wants to scale up its operations in India with the use of new-age delivery options such as drones and...
After witnessing a global increase of 9% in daily active user base in this quarter, social media giant Facebook has now reported a 71% increase in its revenues from India. The revenues, which stood at INR 521 Cr in the financial year (FY) 2018, have now spiked to INR 892 Cr for the financial year ending March...

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