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Gupshup Raises $ 100 Million from Tiger Global at $1.4 billion Valuation

8Apr By PriyankaNo Comments

FUNDING

Gupshup Raises $ 100 Million from Tiger Global at $1.4 billion Valuation

SAN FRANCISCO, 04/08/2021 - Gupshup, the leader in conversational messaging has raised $ 100 million in funding from Tiger Global Management, bringing the company's valuation to $ 1.4 billion. This financing will be followed by a second round of financing, in which further investors will bring in considerable funds. Details will be announced at a later date. This latest round of financing follows several years in which Gupshup has risen to become the global market leader in conversational messaging through profitable growth, product innovation and customer acceptance. The Gupshup API enables over 100,000 developers and businesses to create messaging and conversational experiences, who send over 6 billion messages per month on more than 30 messaging channels. Gupshup will use th...

WhatsApp added Shopping button in its App

11Nov By PriyankaNo Comments

News

WhatsApp added Shopping button in its App

New York, 11th Nov. 2020: Leading messenger platform WhatsApp has added a new shopping button on its app to make it easier for people to discover a business catalog to get information about the goods and services offered by the firm. More than 175 million people message a WhatsApp Business account every day and more than 40 million people view a business catalog each month. "And, we want to make the shopping experience even better especially as we get ready for a holiday shopping season unlike any other when people will need helpful ways to make purchases remotely and businesses want digital tools to close sales," WhatsApp said in a statement. The new shopping button is available now across the world and will replace the voice call button, it added. To find the voice call butto...

Facebook Messenger Set to Battle Against Coronavirus

23Mar By AdityaNo Comments

News

Facebook Messenger Set to Battle Against Coronavirus

Facebook began enlisting outside developers to create ways its Messenger service can help health organizations battling the novel coronavirus. The social network also invited software savants to take part in an online "hackathon" aimed at creating ways to use Messenger to ease social-distancing and deliver accurate information about the pandemic, according to Messenger vice president Stan Chudnovsky in a blog post. He unveiled a global program intended to connect government health organizations and UN agencies with developers who can create ways to use Messenger share accurate information and speed up responses to people's questions. Software makers, for example, could help agencies automate answering common questions, to allow staff to tackle more challenging tasks. Developers ca...

25Jul By PriyankaNo Comments

INDIA

WhatsApp to roll out payments service in India later this year

WhatsApp, which has over 400 million users of its messaging service in India, plans to roll out its much-awaited payments service in the country later this year, more than a year after it began testing the offering here. The Facebook-owned company has been testing its payments service in the country since last year with about a million users, but could not launch full-fledged services as it has been awaiting regulatory approvals. Speaking at an event here on Thursday, WhatsApp Global Head Will Cathcart said the company's vision is to make sending money as easy as sending messages on the platform. "We built payments based on the UPI standard, partnered with banks here in India... We believe that if we did this right, it will accelerate financial inclusion and bring more people in I...

Whatsapp Secretly Releases Beta Version of Payment in India

10Feb By NitishNo Comments

Tech

Whatsapp Secretly Releases Beta Version of Payment in India

Last month, it was reported that Facebook owned WhatsApp could launch its digital payment service in India which will allow peer-to-peer money transfer through the messaging app. After the feature's launch on November 07 in UK, the mobile application software is ready to launch the feature in India by this month. This comes as an enthralling news for the citizens of India as WhatsApp is the most used application by atleast 200 million daily users. The payment service will be launched in a beta version of its messaging app for now. Due to a lot of reasons such as, 2G data service, easy platform of WhatsApp, thousands of people depend upon the app solely, unlike Facebook, Instagram and other mobile app platforms that need a much higher data speed to perform. The latest feature of whatsap...

Russia Blocks Chinese Social Media App WeChat

6May By PriyankaNo Comments

CHINA, News

Russia Blocks Chinese Social Media App WeChat

Russias telecoms watchdog has blocked Chinas popular messaging app WeChat for failing to fulfil the countrys Internet regulations. Watchdog Roskomnadzor has listed WeChat, developed by Tencent Technology, on the register of prohibited websites, South China Morning Post reported today. "Tencent is aware of the move and communicating with Russian authorities over the matter," a brief statement from the Shenzhen-based company said. Russia requires Internet service providers to register with related government bodies, but Tencent ?had a different understanding? on this issue, the company said. Access to the app was restricted on the basis of Article 15.4 of the law on information, information technologies and information security, according to Roskomnadzor, officially known as the ...

India is Primed for the ChatBot Revolution

25Jun By No Comments

BLOGS

India is Primed for the ChatBot Revolution

On my way to work in Bangalore last week (I’m an intern at a chatbot company), I was listening to Radio One, an Indian radio station, when I heard an ad for a competition. At first, I didn’t think much of it. Phone-in radio shows are nothing new in India. But then the radio show host said something curious: “WhatsApp us your messages at…”. I realized that, in India, WhatsApp isn’t a feature or an app like Uber or Swiggy but rather a basic utility like Internet or cell reception. While those in the Western world were first exposed to the Internet through web pages on the desktop, Indians came online through WhatsApp. Today, if you want to stay in touch with your family and friends, you need WhatsApp. The phrase “WhatsApp me” has replaced the phrase “call me” or “message...