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India’s Leading Bitcoin Company Unocoin Launched Mobile App on iOS and Android

6Dec By PriyankaNo Comments

News

India’s Leading Bitcoin Company Unocoin Launched Mobile App on iOS and Android

Unocoin, India’s leading Bitcoin company, has announced the launch of its new mobile app for both iOS and Android devices. Developed by Unocoin, the app will allow consumers to buy, sell, send, receive and store bitcoin all in one place, from any remote device. Unocoin becomes the first company in India to offer a full featured mobile bitcoin app, with 24/7 access to real-time bitcoin market prices and instantaneous trading transactions. The implementation is timely because bitcoin adoption is rapidly ascending in India, coupled by government’s decision to demonetize 500 and 1000 Rupee notes. The implementation of a mobile app aligns with Unocoin’s mission in enhancing mainstream adoption and help bring bitcoin into the hands of billions. Unocoin’s app is currently live and is exp...

Australian Cricket Legend Shane Warne Launches The First Individual Emoji App for a Cricketer

2Dec By PriyankaNo Comments

News

Australian Cricket Legend Shane Warne Launches The First Individual Emoji App for a Cricketer

Following in the footsteps of international superstars Justin Bieber, Ellen, Ronaldinho and Usain Bolt, emoji app developer StarMojis is launching the WarnieMojis app, which promises to add plenty of fun into the communication world with family and friends. The app features hundreds of unique and exclusive emoji stickers, GIF's, audio comments and a custom message maker that cover all aspects of legendary Australian spin bowler Shane Warne's life. From cricket to family, poker to golf to his other colourful activities, there is a variety of emojis everyone will enjoy. As Warne himself explains, "One thing we all know is that I love a text message and emojis are a big part of the way I communicate. Life can get way too serious on occasions and this app allows people to have a laugh wi...

Satoshi Studios, South East Asia’s First Blockchain Incubator, Opens Applications for 1st Batch

1Dec By PriyankaNo Comments

Story

Satoshi Studios, South East Asia’s First Blockchain Incubator, Opens Applications for 1st Batch

South East Asia has got its first blockchain incubator and it's started by the team behind GBMiners.com (South East Asia's largest bitcoin mining pool), and backed/invested by Amit Bharadwaj. The incubator is very aptly named Satoshi Studios and is inviting applications from entrepreneurs working in the South East Asia region. The incubator has a 3-month intensive residence program in New Delhi, India, where the founders will spend time with the GBMiners team and other blockchain startups and receive 50K USD in funding for 8%-15% equity in the company. "Our vision is to build New Delhi (India) as the Blockchain Knowledge Hub of Southeast Asia," says Amit Bhardwaj. Speaking on the topic, Amit said, "South East Asia and bitcoin adoption will be a very symbiotic relationship. The region is...

Jio Crosses 50 Million Subscriber Mark in 83 Days, 1,000 Customers Per Minute And 6 Lakh Per Day

28Nov By PriyankaNo Comments

News

Jio Crosses 50 Million Subscriber Mark in 83 Days, 1,000 Customers Per Minute And 6 Lakh Per Day

Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in the country. According to sources, Jio setting a new record has acquired 1,000 customers per minute (since September 05) and 6 lakh per day. "Jio continues to be the fastest growing company in the world and has crossed 50 million subscribers in record 83 days," sources pointed out. Airtel reached the same milestone of notching 50 million subscribers in 12 years, Vodafone and Idea took 13 years each. Reliance Jio Infocomm, the new entrant in the 4G market which is competing with the likes of Airtel, Vodafone and Idea Cellular -- had launched its commercial services on September 5, and as per the la...

From Cash to Cashless: Prime Minister Narendra Modi’s Sudden Move To Promote Digital Payment

28Nov By PriyankaNo Comments

INDIA, News

From Cash to Cashless: Prime Minister Narendra Modi’s Sudden Move To Promote Digital Payment

As calls for going cashless grow louder in India, a key challenge being faced globally is to check the continuing rise in the total value of currency in circulation and their share in the overall GDP -- a trend particularly visible in the US, Switzerland and Euro area. With Prime Minister Narendra Modi's sudden move to cancel the legal character of old Rs 500 and Rs 1,000 currency notes in the fight against black money and corruption, the focus is all the more high on digital payments as the way forward. However, experts feel that continuing rise in the circulation of currencies in economic activities could well be a key impediment in the transformation to a cashless and digital economy. India's cash to GDP ratio, an indicator of the amount of cash used in the economy is around 12 to...

Now You Can Dispense 2000 Rs Cash From Ola Cab

27Nov By PriyankaNo Comments

News

Now You Can Dispense 2000 Rs Cash From Ola Cab

After petrol pumps, cash can now be withdrawn by swiping debit cards at select Ola cabs as India's largest ride-hailing service partners with lenders like State Bank of India (SBI) and Punjab National Bank to ease cash crunch. With banks and ATMs not being able to cope with the rush for access to lower denomination or new currency after old Rs 500 and 1,000 notes were banned, cash dispensing through swipe of debit cards at POS machines was introduced at around 3,700 petrol pumps. The same is being replicated by Ola on a test basis in its cabs in Kolkata and Hyderabad where taxis with a bank officer and POS machine are parked at different locations and dispense cash of Rs 2,000 per card. Ola Chief Operating Officer Pranay Jivrajka told PIXR8 that the initial response has been trem...

7 Indian Startups to Join Google Launchpad Accelerator Program

24Nov By PriyankaNo Comments

News

7 Indian Startups to Join Google Launchpad Accelerator Program

Tech giant Google today said it has selected seven startups from India that will join the third class of its Launchpad Accelerator programme. The shortlisted startups from India include an on-demand wardrobe rentals service (Flyrobe), furniture and appliances rental service (RentoMojo) and tutor help service (HashLearn). Other chosen startups include Curofy (a platform for doctors to discuss medical cases with peers), Happy Adda Studios (offers an Indian word game Jalebi), Playment (allows users to earn money for playing games) and Kapture CRM (helps businesses to do better lead management). These companies will join startups from Brazil, Indonesia, Mexico Argentina, Colombia, Philippines, Thailand and Vietnam as part of the programme, Google said in a statement. These startups wi...

Infosys Invests 31.6 crores in Stellaris Venture Partners

24Nov By PriyankaNo Comments

FUNDING

Infosys Invests 31.6 crores in Stellaris Venture Partners

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has signed a definitive agreement to a Limited Partner investment of INR 31.6 crores from its Innovation Fund in Stellaris Venture Partners, an India-based early stage venture fund. This investment is towards the first close of Stellaris’ fund. India’s startup ecosystem is witnessing rapid growth led by areas such as cloud computing, Internet of Things (IoT), artificial intelligence and big data, as well as the widespread proliferation of smartphones. In this environment, Stellaris aims to back entrepreneurs building applications for global businesses, Indian SMBs and consumers in verticals such as financial services, retail, healthcare and education. Stellaris’ inves...

India Inc Commits $3.4 Billion For SDGs at Global Citizen Festival

20Nov By PriyankaNo Comments

News

India Inc Commits $3.4 Billion For SDGs at Global Citizen Festival

Corporate leaders today committed a whopping USD 3.4 billion to help achieve the sustainable development goals which can positively impact the lives of 500 million people across the country with a special focus on gender equality, education and water and sanitation. These financial offers were made at the concluding day of the first-ever Global Citizen Festival here today. The Global Citizens India chapter said this came in response to over 20 lakh initiatives and campaigning efforts by them, and the key focus will be ending extreme poverty. The body said that of the 25 commitments worth USD 3.37 billion, or Rs 22,940 crore, that will cover over 50 crore people, $2 billion will come from the International Finance Corporation Banking on Women Group for gender equality. Under this, Int...

Oxigen Converting Its Point of Sale in Mini ATM’s To Help Customers To Deposit Their Money

19Nov By PriyankaNo Comments

News

Oxigen Converting Its Point of Sale in Mini ATM’s To Help Customers To Deposit Their Money

Digital payments solution provider Oxigen Services is in the process of upgrading its point of sales (PoS) devices into micro ATMs to help customers in the present situation due to ban on Rs 500 and Rs 1,000 notes. "Micro ATM is a point of sales device which we have developed into a full featured banking access device and payment transaction device. We want to deploy these terminals in rural areas and in urban areas at all kirana and retail stores across India," Pramod Saxena, Founder Chairman & MD, Oxigen Services told PTI in an interaction. "We already have 2 lakh retail touch points, of these 60,000 stores have these PoS terminals but they are not micro ATMs, so we have started upgrading these terminals into micro ATMs now." He said Oxigen Services plans to deploy 2,000 mic...

Like Emerge App Why Your First B2B SaaS Should Be Free

18Nov By PriyankaNo Comments

Story

Like Emerge App Why Your First B2B SaaS Should Be Free

A good product often is the lifeline of many startups, and represents the collective dreams of the team. A good product should also be free or really low cost, if the company is looking to genuinely make society for the better. To that end, we want to offer our software free for the first user of each company. More than just making a quick buck, we want to bring real value to SMBs, of which there are 50 million in India alone. Interested? EMERGE App is tackling a major headache that trading and distribution companies have as more avenues have opened up for consumers and companies to interact. Order processing and inventory management solutions are highly sought after, numbering about 77 million results alone in Google, as companies need to cut down the inefficiencies, save costs, ...

Accion Venture Lab Completes First Successful Exit in India

15Nov By PriyankaNo Comments

News

Accion Venture Lab Completes First Successful Exit in India

Accion Venture Lab, the seed-stage investment vehicle of financial inclusion leader Accion, announced today that it has successfully exited an investment for the first time. Venture Lab has sold its stake in Varthana, a company providing specialized loans and support to affordable private schools in India, promoting access to and the quality of education for India's poor and emerging middle class. Venture Lab led the first institutional investment round in Varthana in May 2013. As of August 2016, with Venture Lab's active support, Varthana has supported more than 2,000 schools, 38,000 teachers, and one million students, and has disbursed more than $35 million to schools that serve lower and middle income Indians. "Varthana has reached great heights as an innovative financial services...