Friday, March 29

Tag: app

Uber Developed New App For Its Drivers
News

Uber Developed New App For Its Drivers

Uber developed an app designed exclusively for its drivers that includes a tracker revealing their earnings in real-time as a renewed effort to show its commitment with the Indian market and display its goodwill to satisfy both its clients and employees. The new app comes after Uber’s ‘180 days of change’ program that was launched in June last year in a bid to reply to the diverse requests of Uber’s drivers, such as a tip system and compensation for time wasted in waiting for passengers. "While 180 Days was about correcting missteps of the past, we also needed to think longer term, and the obvious place to start was the Driver app," Chief Executive Officer Dara Khosrowshahi said in a statement. The new app will include lots of useful and new features such as a status bar designed to f...
Swiggy and PhonePe Tie-up for the Business Expansion
BUSINESS

Swiggy and PhonePe Tie-up for the Business Expansion

Swiggy, a food delivery app, and Flipkart's payment arm Phonepe have collaborated to provide more payment option to users during the food ordering payment. So apart from other online payment option, now you can pay via Phonepe wallet in the Swiggy app. PhonePe is currently being accepted by more than 60,000 online and offline merchants. "An increasing number of consumers are relying on online food ordering platforms like Swiggy for their food and beverage (F&B) needs," PhonePe Head of Business Development Pradeep Dodle said. Also, there is an introductory offer where people will get 25% cashback on PhonePe on their first order up to 100 Rs & 50 Rs on their subsequent order. This partnership with PhonePe gives our users many simplified payment options like UPI and PhoneP...
Vyng Raises Angel Funding Round From IAN
FUNDING

Vyng Raises Angel Funding Round From IAN

Vyng, a Los Angeles based technology startup raises angel funding from Sandeep Soni, an investor in Indian Angel Network (IAN). The funding will use the to expand its presence and expansion in Indian market. Launched in 2017, Vyng boasts of around 500 million videos played across 170 countries. The round led by IAN was part of a USD 3 million-dollar round, Vyng raised in 2017. Paul Kats, Co-founder and CEO, Vyng said, "We are thrilled and excited to received the investment by such an amazing set of investors like IAN. We believe that their experience and knowledge would help us to boost our presence in the Indian market and worldwide". He also added, "There are over eight billion phones calls on smartphones and 22 billion SMS notifications every single day. Our application can ...
American Express Acquires India’s Travel Assistant App Mezi For $150 Million
ACQUISITION

American Express Acquires India’s Travel Assistant App Mezi For $150 Million

American Express today said it has acquired Mezi, a personal travel assistant app that helps consumers plan and book trips. The deal size is around $125-150 million. This is the record acquisition in the history of Indian startups. Founded in 2015 by twin brothers Swapnil Shinde and Snehal Shinde, Mezi will now operate as a wholly-owned subsidiary of American Express. Mezi, which is also backed by Nexus Venture Partners, uses artificial intelligence (AI) and human expertise to personalise online travel discovery and booking experience. "Mezis AI-powered experience opens up exciting new ways for us to connect with and serve our card members and creates opportunities for us to build more meaningful relationships with them," Phil Norman, vice president of American Express Digital Lab...
Practo, ICICI Lombard Launches Health Insurance App For OPD Expenses
BUSINESS

Practo, ICICI Lombard Launches Health Insurance App For OPD Expenses

Private sector general insurance firm ICICI Lombard has partnered healthcare platform Practo to launch a health insurance app 'IL TakeCare' that takes cares of Outpatient (OPD) expenses of all its customers. "The app meets key customer requirements with respect to their primary healthcare needs. This includes hassle-free, real-time claim authentication of expenses such as doctor consultation, medical tests, pharmacy spends etc," ICICI Lombard General Insurance, MD, Bhargav Dasgupta said. It also empowers the user to access a cashless network comprising of specialised doctors, he said, adding that the app thus addresses a key problem of customers wherein they were hitherto required to pay for OPD expenses from their own pocket. "Today, we are also launching our Trinity technology t...
Travel App RailYatri Acquihires YatraChef
ACQUISITION

Travel App RailYatri Acquihires YatraChef

Noida based RailYatri acqui-hired Kochi based food-delivery technology start-up YatraChef. Yatrachef team will now manage the pan-India supply side of the former's in-transit delivery business. "YatraChef brings a deep experience of nearly four years in food delivery and vendor management, and have a track-record of delivering outstanding consumer experience to travelers. Their skills will help us jointly develop new offerings that would re-define the traveler experience with RailYatri," said Manish Rathi, CEO and Co-founder RailYatri. Last-mile capability is becoming a critical piece in commerce marketplaces as companies are able to provide a complete online and offline experience to its users, in addition to creating a premium and differentiated offering. With this, a long-dista...
Paytm Launch Business App For Merchants
News

Paytm Launch Business App For Merchants

Noida based Paytm has launched ‘Paytm for Business’ app on the Google Play Store. This new app will allow our merchants and business partners to track payments instantly, navigate through the past collections and track settlements made to their preferred bank accounts. They can also generate their Paytm QR through the app, print it and put it up in their shops. However, the app was launched on 28th December and received 5 million downloads, which itself shows the popularity of app among merchants. It's available in more than 10 regional languages. The App empowers business owners to do a paperless and instant on-boarding and get started to accept payments instantly for zero charges (0% commission). Merchants can now view their transactions without the need to wait for a confirmation S...
WhatsApp Launches Business App for SMEs
News

WhatsApp Launches Business App for SMEs

Popular messaging platform WhatsApp today unveiled a new WhatsApp Business app, aimed at small and medium enterprises. The free-to-download Android app will make it easier for companies to connect with customers, as well as its 1.3 billion users to chat with businesses, WhatsApp said in a statement. WhatsApp Business is available today and free to download on Google Play in Indonesia, Italy, Mexico, the UK and the US, it added. The app will be rolled out around the world in the coming weeks, it said. Over 80 per cent of small businesses in India and Brazil said WhatsApp helped them both communicate with customers and grow their business, the Facebook owned company said citing reports. India is home to over 200 million WhatsApp users. It has more than one billion users global...
Milestone- Uber Crosses 5 Billion Trips
News

Milestone- Uber Crosses 5 Billion Trips

Global leading Taxi aggregator platform Uber said that the ride-hailing services had completed 5 billion trips on thursday. The news comes after a string of setbacks for the privately held firm, including the resignation of Chief Executive Travis Kalanick last week and firing of the technology whiz it had hired to lead its self-driving unit, Anthony Levandowski, after he failed to comply with a court order to hand over documents at the centre of a legal dispute between Uber and Alphabet Inc’s Waymo unit. Founded in 2010, Uber said 156 trips started at the same time, helping the company cross the milestone. Uber, which has been rocked by several high-level executive departures in the past few months as it grapples with a series of controversies, has been also looking for a chief op...
FreeCharge Crosses 500 Million Transactions
News

FreeCharge Crosses 500 Million Transactions

Bangalore, Karnataka, India- Amidst increasing digital payments preference and awareness amongst consumers, FreeCharge today announced that the number of transactions on its platform has crossed 500 million, with the value of these transactions exceeding USD 1.2 billion. Mobile recharges remain the biggest component of the transactions done on FreeCharge. Apart from recharges, nearly 20% of the wallet transactions happening on the platform are on one of the company’s online merchant partners. This is closely followed by offline partnerships wherein Fuel and Food are the top two categories driving adoption and transaction. The company also recently announced the launch of coupons on its e-wallet to enhance user engagement, where users can benefit from every recharge and ...
Your.MD Closes Funding Round for $10 Million Led by Orkla Ventures
FUNDING

Your.MD Closes Funding Round for $10 Million Led by Orkla Ventures

London based Your.MD, the world's smartest AI health information service, has completed its latest round of funding, having raised $10 million led by Orkla Ventures and with participation from Smedvig Capital AS and other existing shareholders. Orkla is a leading supplier of branded consumer goods to the health, pharmacy, grocery, confectionary, specialised retail and bakery sectors in the Nordics, Baltics and selected markets in Central Europe. The investment will be used to support the growth of Your.MD's health information platform and to consolidate its position at the forefront of Artificial Intelligence (AI) development in the digital health sector. The agreement will also enable expansion of its revolutionary OneStop Health™ platform - a global, AI-powered marketplace of trust...
SHAREit Becomes Model Case of a Company’s Rise in India
News

SHAREit Becomes Model Case of a Company’s Rise in India

Investors and entrepreneurs are always looking for opportunities in a booming market regardless of what stage of development that market is in. From China more than a decade ago to India nowadays, industry leaders have always kept an eye on the Asian market, while India has replaced China as the market with the most potential and become a new driver of global economic growth. Entrepreneurs from across the world are competing in India's internet market. As a result, companies that deliver quality products to India's immense number of consumers are building and consolidating a leading position in the global market. SHAREit is one such case. From gaining 1 billion users worldwide within five years, to appearing on Google Play's homepage over 700 times and claiming the number one spot on...