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    NPCI Joins Contactless Payments Bandwagon With SBI-Powered RuPay SoftPoS

    The RuPay SoftPoS solution turns NFC (near-field communication)-enabled smartphones into PoS terminals for retailers With the solution, merchants will be able to accept contactless payments of up to INR 5000 through a simple tap and pay mechanism on their smartphones Merchants can convert their existing android smartphone devices into a payment terminal by simply...

    • 7 hrs ago
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    Amazon Prime Video India Head Gets Interim Relief From Arrest In 'Tandav' Row

    In February, the Allahabad High Court had refused to grant anticipatory bail to Amazon Prime Video's Aparna Purohit Purohit's advocate Mukul Rohatgi had argued that around 10 cases had been filed against his client despite Purohit being just an employee, and not the producer On Friday, commenting on the new guidelines, the SC said that the rules "lack...

    • 8 hrs ago
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    When Encryption Dies A Regulatory Death, Will WhatsApp Have The Last Laugh In India?

    Now that the government can force any messenger app to share the original source of a message, there is no privacy/encryption left This may put privacy-focussed messenger apps on the backfoot, at least for the time being However, these rules are unlikely to salvage user trust that Facebook and its subsidiaries have lost over the years, say experts The ...

    • 9 hrs ago
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    Action Covid-19 Team Looks To Back Social Impact With INR 500 Cr Philanthropic Fund

    The new fund will focus on a solution for education, healthcare, environment and women's participation in the workforce ACT had started off by setting up an INR 100 Cr fund to support innovators working on solutions for Covid-induced challenges The community has issued grants to 54 startups, which are solving challenges like shortage of medical equipment and...

    • 9 hrs ago
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    Venture Debt Investor Trifecta Capital Closes Second Fund At INR 1,025 Cr

    Trifecta Venture Debt Fund-II has already invested INR 900 Cr across 38 companies and with a provision to recycle capital, will have an investible corpus of up to INR 2,560 Cr The company's first venture debt fund launched in 2014, has returned over three-quarters of its capital to its investors and is likely to return 100% of the capital by June 2021 Some of the...

    • 10 hrs ago
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    MIT ID Innovation Launches Certificate Courses To Boost Innovation And Digitalisation For Businesses And Working Professionals

    To promote innovation and digitalisation, MIT ID has added a niche set of ten online certification courses to its offerings Ranging from one to nine months, the courses cover various topics such as design thinking, digital transformation, customer experience, building digital brand, business model innovation, and more...

    • 11 hrs ago
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    Blume Announces $48 Mn Fund 1X For Follow-On Rounds In Its Portfolio

    Blume Ventures has partnered with Avendus to facilitate this closure of Fund 1X Blume Ventures has bundled six company from its Fund I portfolio into another portfolio for the latest fund Blume Ventures was the fifth-most active venture capital firm in India in 2020, with 14 deals Early-stage venture capital firm Blume Ventures, in partnership with Avendus, has announced the...

    • 12 hrs ago
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    After Grofers, Flipkart To Explore SPAC Route For Public Listing In US

    The talks for a deal with a blank-check firm are at a very early stage and could fall apart as no plans have been finalised yet Several Indian tech startups are exploring the SPAC route for a public listing, as it involves less regulatory scrutiny, along with more certainty over the valuation and funds that will be raised A SPAC is a development stage company with a business...

    • 12 hrs ago
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    Tata Digital's Super App Delayed With BigBasket Deal Awaiting CCI Nod

    Tata is expected to buy a 68% stake in BigBasket for around INR 9,100 Cr Tata was also reported to have submitted a proposal to RBI for an NUE license to create a countrywide retail payments network Tata Digital operates ecommerce platform Tata CLiQ, online grocery store StarQuik and electronics store Croma The launch of Tata Digital's much-hyped super app has been...

    • 13 hrs ago
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    From Minding Water Intake To Mental Health, Here Are The Indian Healthtech Products That Track The Modern Lifestyle

    Brijesh Bhardwaj from Dunzo recently asked his users to suggest some lifestyle tracking apps on Twitter We made a list of Made-in-India mobile apps that can help you make right choices when it comes to health and fitness This list covers all aspects of health including workouts, food, sleep, hydration and emotional well-being ...

    • yesterday

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