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    Online therapy platforms offering anonymity are helping India's Covid-19 related mental health crisis

    Sometime last week, a Bengaluru-based founder who started up less than a year ago broke down over a call with his therapist. It hit him that his startup, in the offline training space, may not survive the Covid-19 pandemic. Fearing the outcome and not wanting to discuss it with people close to him, the founder turned to online counselling...

    • 5 days ago
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    UPI processed 1.32 Bn transactions in February - highest ever in a month

    After gaining the status of the most preferred mode of payment in terms of volume in 2019, UPI maintained its momentum by processing 1.3 billion transactions in the first month of 2020. The NPCI-owned digital payments platform has now surpassed all previous records and registered Cashless transactions have now become simpler and convenient thanks to BHIM UPI....

    • 3 weeks ago
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    Bounce changes gears: Shrinks burn & brings accountability among users

    After scaling up to a few cities, startups in the mobility space such as bike-sharing platform Bounce are now taking steps to reduce cash burn. The Bengaluru-based firm has trimmed its monthly cash burn from $7 million as of December to $5.5 million in the last month, according to two people familiar with the company's operations. In a bid to further balance expenses...

    • 3 weeks ago
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    How ConfirmTkt sheds utility DNA to become transactional platform

    Since Indian railways carries over 23 million passengers every day, train centered applications have been witnessing a sharp rise in usages. There are several apps which curate information on trains, and one of them is ConfirmTkt. As the name suggests, it's an online train ticket discovery and booking engine that lets you book confirm train tickets based on prediction it...

    • 3 weeks ago
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    From 427 Mn to 10 Bn transactions: Decoding the growth of UPI

    One of the fastest-growing digital payments products across the world, UPI (Unified Payments Interface) has continuously been in the limelight since its inception in 2016. The initiative by NPCI (National Payments Corporation of India) to bring digital payments under a single umbrella is now ticking all boxes for creating a hassle-free platform for over 100 million users in India. ...

    • 3 weeks ago
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    Unpacking Sheroes plan to build global community driven Internet firm from India

    The community-driven business model has never been tried and tested at a decent scale in India. Quora has been immensely popular locally and probably has the largest user base from the country. Despite fad for such products, we have never been focused on leveraging the community to build a business case. Sairee Chahal is breaking the belief that community...

    • 3 weeks ago
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    Indian social commerce companies face an unclear road ahead

    Indian venture capitalists and entrepreneurs love replicating a good China story. The last two years saw the exponential growth of Chinese social commerce - a new flavour to traditional e-commerce which uses social media and social interaction to assist in the buying and selling of goods online. The euphoria peaked in 2019 when the market size of the Chinese social commerce crossed...

    • 3 weeks ago
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    With 70K daily transaction, Get My Parking wants to reach 10 Mn transaction by 2020

    Parking is a huge problem in India, especially in metro cities. No matter where you are heading to, be it office, workplace or shopping malls, the process of finding parking space is the real pain in the neck. The existing gap between parking and mobility stakeholders unnecessarily cost people time, fuel, and energy on parking problems. It is to bridge this...

    • 3 weeks ago
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    Burn less, earn more: Consumer internet's new normal

    Around three months ago - Vogo - a bike rental startup which allows users to rent a two-wheeler for some hours in a day or for an entire day on a per kilometre basis, started extending its services for longer usage beyond a day. It was done to increase asset utilisation of its under-20,000 leased scooters which would be a cost even if they remain unused. Vogo plans to further add more...

    • 3 weeks ago
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    Govt may keep stricter content guidelines for social media firms only: Report

    In what could serve as a big relief to tech firms appealing for easier intermediaries rules, the Indian government is planning to keep the stricter regulations limited only to social media firms such as Facebook, Twitter and WhatsApp. The Ministry of Electronics and Information Technology (MeitY) sees problems with large messaging firms only. "It has been...

    • 3 weeks ago

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