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CleverTap Ties Up with SonyLIV to Launch Video Push Notifications

19Dec By Gauri SinghNo Comments

BUSINESS

CleverTap Ties Up with SonyLIV to Launch Video Push Notifications

Mobile marketing platform CleverTap is partnering with SonyLIV to launch video push notifications which will make SonyLIV the first video streaming platform to do so. This will allow users to view video previews in push notifications, even on a locked screen. The company will leverage CleverTap’s Psychographic Segmenation feature to process millions of data points to improve the content recommendations. So far, it has seen a three time increase in click-through rates (CTR), increased session durations and higher than average view times. Uday Sodhi, Head - Digital Business, Sony Pictures Network India, said, “Being able to promote the most relevant content at the right time to the right user, through video, is something we are excited ...

ePayLater Partners with Cashfree to Bring in Pay Later Options

19Dec By Gauri SinghNo Comments

BUSINESS

ePayLater Partners with Cashfree to Bring in Pay Later Options

Indian digital payments company ePayLater which is based in Mumbai has partnered with another payment company called Cashfree to bring in its innovative payment facility to their merchants. This partnership will bring ePayLater’s credit-based payment solution to almost all the merchants such as Daily Ninja, BigSmall, WheelStreet, EventsHigh, EduCart and Instaspaces using the Cashfree payment gateway. Also, ePaylater is targetting to process Rs.1000 crore in payments within the next 12 months. The company wants the product to be rolled out to more than 5000 merchants on the Cashfree platform by next year. “Offering credit via Buy Now, Pay Later option is one of the most exciting developments in Indian fintech and Cashfree hopes to offer this...

China’s JD.com Partners Intel to Develop ‘smart’ Retail experiences

11Dec By Gauri SinghNo Comments

BUSINESS

China’s JD.com Partners Intel to Develop ‘smart’ Retail experiences

China’s second highest-profile investor behind Alibaba known as JD.com has partnered with another U.S. tech giant that is Intel. Both the companies stated that they will set up a “lab” focused on bringing Internet-of-Things technology into the retail process. This would probably include new-generationvending machines, advertising experiences and more. That future is mostly offline — or, in China tech speak, “online-to-offline” retail — but combining the benefits of e-commerce with brick and mortar physical retail shopping. The e-commerce company already works with Intel on personalized shopping experiences, but this new lab is focused on taking things further with new projects and working to “facilitate their introduction to global markets.” “The Digitized Retail J...

9Nov By Gauri SinghNo Comments

BUSINESS

Cisco Ties up With AWS to Help Businesses Run Apps in The Cloud

Cisco Systems has reportedly tied up with Amazon's Amazon Web Services for the purpose of offering software tools that would make it easier for Cisco's customers to use Amazon's data centers to run their business applications. This step has been taken as a part of a push at Cisco, one of the biggest suppliers of the routers and switches that send data across computer networks. Also, the basic motive is to gain more revenue from software and stay current with longtime business customers that are seeking to do more work with cloud computing companies like Amazon, Alphabet's Google Cloud unit or Microsoft's Azure. "The way we like to think about it at Cisco is, we're growing and adding a software business to a very important hardware business," Kip Compton, Cisco's senior vice president o...

6Nov By Gauri SinghNo Comments

CHINA

Ford Ties Up with Baidu to Test Driverless Vehicle in China

The popular US-based automaker Ford has tied up with China’s largest search engine Baidu for a two-year autonomous vehicle test project in China. The president and CEO of Ford Autonomous Vehicles named Sherif Marakby announced the partnership with Baidu's vice president and general manager of its Intelligent Driving Group Li Zhenyu on Wednesday in Beijing. Following the deal, the two companies will further advance the development and on-road testing of autonomous vehicles in China, the world's biggest auto market. The collaboration is synced with Ford's plans to further advance and promote autonomous vehicle technologies, supporting the company's vision of designing "smart vehicles for a smart world”. "Working with a leading tech partner like Baidu allows us to leverage new opportun...

Tech Mahindra to set up a bio-incubator in Partnership with BioNEST

3Nov By Gauri SinghNo Comments

BUSINESS

Tech Mahindra to set up a bio-incubator in Partnership with BioNEST

Tech Mahindra is collaborating with BioNEST, a bio-incubator formed with the support of the Biotechnology Industry Research Assistance Council (BIRAC) to drive research and co-innovation in pharmaceutical and biotechnology space. The enterprises have signed a MoU (Memorandum of Understanding) to enable development of new technology platforms, and to bolster the pharmaceutical and biotechnology innovation ecosystem in the country. As the technology partner, Tech Mahindra will help leverage digital technologies to develop new platforms and solutions in the space. This collaboration with BioNEST will also enable industry and academia partnership, and ensure efficient exchange of knowledge in the area. “We have a comprehensive understanding of research and innovation in the biotechnolog...

HCL Collaborates with US-based Pivotal Software to Open Cloud Native Labs

2Nov By Gauri SinghNo Comments

BUSINESS

HCL Collaborates with US-based Pivotal Software to Open Cloud Native Labs

HCL Technologies has entered into a partnership with US-based Pivotal Software for the purpose of working on cloud-native software applications. The company is planning to open its own cloud-native labs across London, Dallas and Noida. With the help of this partnership, the companies could create advanced cloud-native applications for Pivotal Cloud Foundry (PCF), the cloud-native application platform. Such software applications are used in business process transformation. “HCL Technologies’ collaboration with Pivotal is significant as it enables the full spectrum of cloud-native services for our customers,” said Kalyan Kumar, CTO, HCL Tech. “Our range of cloud-native services to be offered on PCF, combined with HCL’s existing services, will allow us to execute complex application migra...

A Digital Lending Platform Partners with Eko India to Enable Credit Line Services

1Nov By Gauri SinghNo Comments

BUSINESS

A Digital Lending Platform Partners with Eko India to Enable Credit Line Services

Indifi Technologies, a digital lending platform for small enterprises has entered into a partnership with Eko India Financial Services for the purpose of enabling credit line services to Eko’s cash distributors based on their transactions and trading activities through the portal. Following this partnership, Indifi aims to considerably fasten the movement of funds for a massive segment of small and medium-sized cash-based businesses. Eko, through the ‘Connect’ portal works with multiple distributors serving as community cashiers for retailers across the country. This transfers amount on their behalf to customers, suppliers, dependents in their family, or any other intended recipient. Eko has serviced more than 40 million customers as of now. “Our partnership with Eko will further ou...

27Oct By Gauri SinghNo Comments

CHINA

China’s Alibaba Partners with a Swiss Luxury Goods Firm

Chinese e-commerce giant Alibaba has reportedly announced a partnership with Swiss luxury goods group Richemont for the purpose of developing platforms in China for high-end products. According to the deal, Richemont's online unit Yoox-net-a-porter and Alibaba will set up a joint venture with two mobile phone applications that are Net-a-Porter and Mr Porter. This is basically being done to serve the Chinese market. The two companies Net-a-porter and Mr Porter will also be made available on Alibaba's specialist luxury site, Tmall Luxury Pavilion that was started last year. Also, the companies have agreed to explore other opportunities to develop the luxury goods market in China. "Our digital offer in China is just getting started," Richemont chief Johann Rupert said. Richemont, rank...

Paytm Launches QR code-based ‘PayPay’ Service in Japan with SoftBank, Yahoo Japan

22Oct By Gauri SinghNo Comments

News

Paytm Launches QR code-based ‘PayPay’ Service in Japan with SoftBank, Yahoo Japan

Paytm has launched a QR-based smartphone payment settlement service in Japan called PayPay in collaboration with SoftBank and Yahoo Japan Corporation. Paytm had formed a joint venture called ‘PayPay’ corporation with SoftBank and Yahoo Japan, and its first offering is a smartphone-based settlement service that allows users to store money from a bank account in their “PayPay” wallet and make payments with it. Paytm said it is built around its QRtech which it has deployed in India to allow customers to make offline payments. “...PayPay was developed with teams from three different countries working together, it is a true testimony for us and our industry-leading solutions that can be easily ported to suit the needs of any country or market,” Madhur Deora, CFO, Paytm said. Paytm is a...

Baidu Enters into a Strategic Partnership with NetEase Cloud Music

13Oct By Gauri SinghNo Comments

CHINA

Baidu Enters into a Strategic Partnership with NetEase Cloud Music

China’s largest search engine Baidu has entered into a strategic partnership with one of China's major music live streaming services known as NetEase Cloud Music. Following this partnership, Baidu stated that the high-quality content of NetEase Cloud Music will reach hundreds of millions of users by virtue of Baidu's app, information flow and video platform. This will be beneficial for both the parties. Firstly, the companies will cooperate in the intelligent hardware sector. NetEase Inc will remain the controlling shareholder in NetEase Cloud Music after the investment, whereas Baidu will hold the position of a strategic partner. The basic idea of Baidu is to expand its presence in content. Prior to this, the company has invested in a series of video-sharing platforms, such as Ba...

Bank of Baroda Ties Up with Truecaller to Facilitate UPI Payments

10Oct By Gauri SinghNo Comments

BUSINESS

Bank of Baroda Ties Up with Truecaller to Facilitate UPI Payments

The popular Indian bank called Bank of Baroda has partnered with True Software Scandinavia, which is the parent company of the caller-ID app Truecaller. This move has been taken to enable digital payments using BHIM Baroda Pay UPI Service. Following the deal, those who register for payments under the UPI platform through the Truecaller app will get a @barodapay handle. This will be the address for receiving or sending money from their bank accounts. “We are getting in people who have been outside of the e- payments system in a frictionless way as many phone users already have Truecaller app installed,” BoB head fintech and new business initiatives Akhil Handa said. With this, Truecaller has launched its account-to-account payment service before Whatsapp. Truecaller’s service is fully ...