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Without Funding Paytm Can Sustain For Five Years – Vijay Shekhar Sharma

18May By AdityaNo Comments

Entrepreneurs Talk

Without Funding Paytm Can Sustain For Five Years – Vijay Shekhar Sharma

One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that’s “predictable.” “We have enough money in the bank to last 21 quarters if we keep spending at the same rate as last year,” Vijay Shekhar Sharma, chief executive officer (CEO) of One97 that owns Paytm, said in an interview to Bloomberg TV in Hong Kong. “The last term sheet I signed was in 2014. We haven’t raised money since.” Many Indian startups are running out of cash, while others including Flipkart Online Services Pvt., India’s biggest e-commerce company, have had their valuation marked down. One97, which was founded in 2000 by Sharma, doesn’t plan...

Saudi Arabia Blocked Social Networking Giant Facebook’s Messenger Service

16May By PriyankaNo Comments

MIDDLE EAST

Saudi Arabia Blocked Social Networking Giant Facebook’s Messenger Service

In a bid to protect the revenues of traditional telecom companies, Saudi Arabia has now blocked social networking giant Facebook's Messenger service. Internet calling over WhatsApp and Viber were already blocked in Saudi Arabia but similar apps including Tango and Line are still available in the country. Although the authorities claimed that the service has been blocked since it violated regulations, the independent reports. "The service had been banned because it failed to comply with regulations," an official told local news services. експресс займзайм с автоматическим одобрениемзайм онлайн только по паспорту

The Delhi Commission For Women Issues Notice To App-Based Taxi Services in Delhi

14May By Press Trust of IndiaNo Comments

INDIA

The Delhi Commission For Women Issues Notice To App-Based Taxi Services in Delhi

The Delhi Commission for Women has issued notice to five app-based taxi services including Ola and Uber seeking to know the number of taxis which operate under their banner in the national capital and number of drivers whose details have not been duly verified. The DCW, which has taken suo-motu cognisance of the threat to women's safety posed by unregulated taxi aggregators in Delhi, has also sought to know the extent of compliance by these taxi operators of the prevalent rules and regulations imposed by the Delhi government. DCW has also sought details of the drivers who possess the Public Service Vehicle Badge issued by the Transport Deptartment. "Of the drivers operating under the banner of your company, how many drivers have licenses from outside the state? Please provide st...

India Based Messaging App Flock Launches Its App Store

14May By AdityaNo Comments

News

India Based Messaging App Flock Launches Its App Store

India-based messaging app Flock on Thursday launched its App store to integrate frequently used apps and services into its platform. The Flock App store allows integrations with popular apps such as Twitter, Trello, Github, Jira, Bitbucket, and a few others. "The App store makes Flock powerful, especially considering the rich functionality we have in place such as to-do's, reminders, polls and code snippet sharing," said Bhavin Turakhia, CEO and founder, Flock, in a statement. At present, the Flock platform allows users to integrate external apps and custom-build integrations. However, organisations and developers will soon be able to build their own apps and chatbots suited to their specific requirements.

Now A Fashion App Will Set Up Trial Rooms For Shoppers at Janpath

14May By AnkitaNo Comments

Story

Now A Fashion App Will Set Up Trial Rooms For Shoppers at Janpath

For the first time find a trial room in middle of a street shopping area organised by the instant advice fashion app, Styledotme. You now get to try an outfit before you buy from the streets and get instant fashion advice from our influencers and fashion experts. With a footfall of over 5,000 shoppers every day across more than 150 shops, Janpath is one of the most flocked-to street shopping places. What it lacks, however, is a trial room, that leaves most shoppers in a state of confusion - "to buy or not to buy". Apart from advice, many interactive and exciting activities have been planned to entertain shoppers. Speaking about the event, StyleDotMe founder Meghna Saraogi said in a statement: "Through the StyleDotMe app, shoppers at Janpath will be able to take pictures of themse...

Whatsapp Launched a Mobile Like Desktop App

11May By PriyankaNo Comments

News

Whatsapp Launched a Mobile Like Desktop App

Whatsapp, world's leading chat based messenger app has launched a desktop app so you have a new way to stay in touch anytime and anywhere - whether on your phone or computer at home or work. Like WhatsApp Web, your desktop app is simply an extension of your phone: the app mirrors conversations and messages from your mobile device. The new desktop app is available for Windows 8+ and Mac OS 10.9+ and is synced with WhatsApp on your mobile device. Because the app runs natively on your desktop, you'll have support for native desktop notifications, better keyboard shortcuts, and more. To download the app, visit https://www.whatsapp.com/download from your desktop browser. Then, open the app and scan the QR code using the WhatsApp app on your phone (look for WhatsApp Web menu under Setti...

10May By AnkitaNo Comments

FUNDING

Healthifyme a Mobile Based Fitness Startup Raises $6 million Funding

HealthifyMe, a mobile health and fitness startup today announced Series A funding of USD 6 million (about 40 crores) led by IDG Ventures India, Inventus Capital and Blume Ventures. The funding comes just a year after announcement of seed round led by angel investors and Micromax, the company said in a release. Stating that HealthifyMes funding comes on the back of strong growth, it said adding that with in a years time, the company has scaled up users to 5,00,000 from 30,000 users in January 2015. The funds will be used to further develop its digital coaching platform and to accelerate growth in India, the company said. "With these funds we plan to impact 5 million users and tie-up with over 500 corporate and healthcare partners. Our aim is to be the best in the world and we wi...

Now Play Temple Run By Swiping Your Finger Across Your Arm

6May By AdityaNo Comments

Tech

Now Play Temple Run By Swiping Your Finger Across Your Arm

Soon, you'll be able to play Temple Run by swiping your finger across your arm as a team of researchers from Carnegie Mellon University has developed a new wearable technology Called SkinTrack that can turn the entire lower arm into a touchpad. Developed by the Human-Computer Interaction Institute's Future Interfaces Group, the new system allows for continuous touch tracking on the hands and arms. It also can detect touches at discrete locations on the skin, enabling functionality similar to buttons or slider controls. Previous "skin to screen" approaches have employed flexible overlays, interactive textiles, and projector/camera combinations that can be cumbersome. SkinTrack, by contrast, requires only that the user wear a special ring, which propagates a low-energy, high-frequency ...

Myntra Does a U-turn, To Re-Launch Website From June 1

4May By AdityaNo Comments

News

Myntra Does a U-turn, To Re-Launch Website From June 1

A year after going app-only, fashion e-tailer Myntra will now launch again its desktop website on June 1. Myntra, part of eCommerce giant Flipkart, had attributed the decision to the manifold growth in traffic from smartphones, which prompted it to go mobile-only from May last year. Myntra said the U-turn in its decision was based on consumer feedback and launch of new categories like home furnishing and jewellery. "The premises of going on an app only strategy were based on mobiles being personal devices that enable a tailored experience unlike desktops and that mobiles are the future of computing devices," Myntra CEO Ananth Narayanan said in an emailed statement. Both the premises were proven to be right and Myntra app became the most loved amongst leading Indian eCommerce firms,...

Sonam Kapoor, First Bollywood Celebrity Who Launched Her Own App

3May By NitishNo Comments

News

Sonam Kapoor, First Bollywood Celebrity Who Launched Her Own App

Considered to be a fashion icon for the youth today, Sonam Kapoor is the first Indian celebrity to launch an app on herself and her life in collaboration with Disciple Media. While in Hollywood, Justin Bieber, Taylor Swift and the Kim Kadarshians have launched similar apps. Sharing #SonamSurprise with you! It's my all new exclusive app! https://t.co/sUfIUKgSjM… So join my tribe and always be the first to know!! — Sonam Kapoor (@sonamakapoor) April 28, 2016 Download my FREE app today everyone! Click the link https://t.co/WRIF4FVevN & get all my make-up & style secrets! pic.twitter.com/Jf2Sop9EyF — Sonam Kapoor (@sonamakapoor) April 30, 2016 Sonam took to social media to make the announcement which began trending on Twitter almost immediately with hashtag #sona...

23Apr By AdityaNo Comments

Story

Build an App Without a Line of Code

Nowadays, you don’t need to know how to code to build something cool online. We put together a collection of 7 handy tools you can use to build an app (or maybe just a prototype) without a line of code. These days, it’s hard to launch a startup without knowing how to code—or hiring someone who does. But, when you have basically no budget early in your company’s life, it isn’t always feasible to drop five figures (or more) on hiring a web or app developer. Luckily, there are so many great tools on the market now to help you build a website or app without needing to write a single line of code. They are definitely time and money savers if you’re looking to launch on a dime, and fast. Here are seven of the Product Hunt community’s favorite “no code required” programming tools. 1. Bubb...

Uber officials meet Arvind Kejriwal, Discuss Surge Pricing

22Apr By Press Trust of IndiaNo Comments

INDIA

Uber officials meet Arvind Kejriwal, Discuss Surge Pricing

With operation of app-based taxis in the national capital on Delhi governments radar due to surge pricing, some officials of taxi-aggregator Uber today met Chief Minister and apprised him of his business model. "Some officials from Uber today met the Delhi Chief Minister at Delhi Secretariat and discussed a range of issues including surge pricing, diesel cars and permits," an official said. Sources said that apart from surge pricing, government has objection on per minute charge and vehicles which are registered outside Delhi. Transport minister Gopal Rai today again clarified that ban on surge pricing will continue. Yesterday, Kejriwal had termed as "daylight robbery" the surge pricing by app-based taxi operators, and said overcharging and blackmailing wont be allowed in the national...