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Your Story [Funding Alert] Mitron raises seed funding of Rs 2 Cr from 3One4 Capital and LetsVenture
Indian short-form video app Mitron, hailed by many as India’s answer to now banned TikTok, has received seed funding of Rs 2 crore from 3One4 Capital and LetsVenture.Interestingly, the development comes two days after the Indian government banned 59 Chinese mobile applications, including top social media platforms such as TikTok, Helo, and WeChat,...
- an hour ago
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Your Story ShareChat, other homegrown apps log strong growth after ban on Chinese apps
Homegrown apps like ShareChat, Roposo, Chingari, and GoSocial have seen a significant increase in downloads and user signups on their platforms after the government's decision to ban 59 Chinese apps.The move, announced by the Information Technology Ministry on Monday evening, came against the backdrop of border standoff between India and China.Mitron, Chingari, ShareChat...
- 2 hrs ago
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Your Story Google temporarily blocks access to banned apps in India
Google on Thursday said it has temporarily blocked access to those apps that were still available on the Play Store in India even after the government banned 59 apps this week."While we continue to review the interim orders from the Government of India, we have notified the affected developers and have temporarily blocked access to the apps that remained available on the Play Store in...
- 2 hrs ago
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Your Story How DOST grew 8x in geographical presence and 10x in gross market value of freight being handled through its distribution logistics platform in 24 months
Around 2012, when Indian e-commerce market started making headlines, Vikas Sethia, then an AVP at KPMG, saw an opportunity to address the challenges in last-mile logistics and delivery that e-commerce players were facing. He quit his job, and visited industrial hubs, warehouses and mandis to...
- 3 hrs ago
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Your Story Why the government should regulate and not ban cryptocurrency
The Indian government must not permanently ban cryptocurrency (also referred to as ‘token’ or ‘coin’ or ‘digital currency’). Any permanent ban on cryptocurrency would only reflect a lack of understanding of the positive impact the technologically powerful cryptocurrency can create on the Indian economy.Many governments have expressed fear over tokens...
- 4 hrs ago
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Your Story We are deeply committed to investing in and nurturing India's digital economy: Facebook
Social media giant Facebook is deeply committed to investing in and nurturing India's digital economy, with a particular focus on helping small businesses, its India Managing Director Ajit Mohan said on Wednesday."Facebook as a company is deeply committed to investing in and nurturing India's digital economy, with a particular focus on helping small...
- 4 hrs ago
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Your Story Dream Kerala project will aid expats returning home amid COVID-19 crisis
The Kerala government on Wednesday decided to roll out a 'Dream Kerala Project' to tap the potential and experience of those returning from abroad and other states after losing their jobs due to the COVID-19 pandemic.The decision in this regard was taken at a cabinet meeting chaired by Chief Minister Pinarayi Vijayan on Wednesday.Giving details of the project, Vijayan said...
- 4 hrs ago
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Your Story UPI transactions hit all-time high in June
Unified Payments Interface (UPI) payments in June reached 1.34 billion in terms of volume with transactions worth nearly Rs 2.62 lakh crore, as per National Payments Corp of India (NPCI) data.The number of transactions recorded were at 999 million, worth Rs 1.51 lakh crore, in April, the first full month after the announcement of the lockdown that halted almost all services, except essentials.Image...
- 7 hrs ago
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Your Story [Roundup] Takeaways from Ravi Shankar Prasad's Digital India townhall with Indian entrepreneurs
To commemorate five years of Digital India, Ravi Shankar Prasad, Union Minister for Communications, Electronics & Information Technology and Law & Justice, went live with India’s tech entrepreneurs in a virtual event hosted by YourStory Founder and CEO Shradha Sharma.In the exclusive #DigitalIndiaTownhall for Indian entrepreneurs, the...
- 7 hrs ago
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Your Story [Jobs roundup] Join the Indian video content platforms with these vacancies
Over the last two years, along with the popular Chinese short-form video app TikTok, several Indian language content apps have gained popularity in the country. With over 530 million internet users, India has the second-largest internet user base in the world today. The growing penetration of internet in the rural pockets of India has contributed to the consumption...
- 7 hrs ago
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