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    YourQuote Looks To Ride India's Micro Content Wave, But Do Short Stories Sell?

    Back in 2003, the music industry went through a sea change as streaming changed the game. With the rise of Apple's iTunes and the likes of Spotify, Pandora and others to follow after, the access and distribution channel for music changed altogether from selling whole albums to royalties for tracks streamed by users. Apple leveled the playing field for many...

    • 2 hrs ago
  • News

    Reliance Jio To Roll Out Cheapest 5G Enabled Smartphones Priced At INR 5K

    Last month, Jio and Google were reportedly planning to roll out 100 Mn low-cost 4G-enabled smartphones bundled with Jio data packs Reliance Jio's telecom network doesn't support older network technologies such as 2G and 3G Since 2017, the company has been selling low-cost feature phone JioPhone bundled with Jio's 4G data packs, to help users transition from...

    • 2 hrs ago
  • Home

    Reliance Jio To Roll Out 5G Enabled Smartphones Priced At INR 5K

    Last month, Jio and Google were reportedly planning to roll out 100 Mn low-cost 4G-enabled smartphones bundled with Jio data packs Reliance Jio's telecom network doesn't support older network technologies such as 2G and 3G Since 2017, the company has been selling low-cost feature phone JioPhone bundled with Jio's 4G data packs, to help users transition from 2G and 3G...

    • 2 hrs ago
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    CAIT Takes The Battle From Ecommerce Giants To OTT, Urges Govt To Monitor Content

    The traders' body raised issues about the negativity that these platforms spread through their content OTT platforms had earlier agreed to set-up a Consumer Complaints Department or an internal committee, as well as an advisory panel The overall OTT market in India is expected to grow at 21.8% CAGR to INR 11,976 Cr in 2023 Traders' body Confederation of...

    • 2 hrs ago
  • News

    Blockchain This Week: WEF Launches Technical Standards For Blockchain & More

    World Economic Forum's Global Standards Mapping Initiative (GSMI) whitepaper emphasises on the current technical standardisation efforts around blockchain technology and more Market research firm WinterGreen Research and Government Blockchain Association is working on a blockchain-powered voting app for US's November election Oracle launches blockchain...

    • 2 hrs ago
  • News

    [What The Financials] Crediwatch Revenue Grows 20%, But Losses Spike By 160%

    Crediwatch record a 20% growth in its revenue to INR 2.2 Cr but with over 2.6X rise in expenses, its losses also widened in FY2020 The company claims to have surpases its FY2020 revenue by 3x growth in the first half of 2021 The company's clientele has also grown by 80% to include prominent banks like SBI, KVB and RBL Bank in FY2021 Infocus Bengaluru-based...

    • 2 hrs ago
  • News

    Top 10 Indian Banks Record 3% Failed UPI Transactions

    United Bank of India had the highest rate of technical declines at 12.4% High rates of transaction failures lead to piling up of credit reversal dues for banks NPCI conducting closed-door pilots for a real-time redressal system for failed transactions As India is close to crossing 2 Bn unified payments interface (UPI) transactions, the surge in failed transactions has become a worry for...

    • 3 hrs ago
  • News

    D2C Cosmetics Brand Sugar Kickstarts Series C Funding Round, Receives First Tranche Of $2 Mn

    The company plans to use the funds to keep pace with working capital and inventory requirements and fuel growth through the peak sales season Sugar crossed INR 100 Cr in net revenue for FY2020 Since 2017, the company has added over 40 exclusive brand outlets or kiosks and has a presence in over 1,750 retail touchpoints Mumbai-based D2C brand Sugar...

    • 4 hrs ago
  • News

    In Just 4 Days, Amazon, Flipkart Overtakes Last Year's Festive Sales Figures

    Amazon and Flipkart have together raked in $3.5 Bn, representing an increase from last year's $3 Bn Flipkart reportedly led last year's festive sale with a 64% share of the combined gross sales The two ecommerce giants this year would be around $4.7 Bn on an average during the six-day sale India's largest ecommerce platforms Amazon and Flipkart have...

    • 5 hrs ago
  • Home

    In Crowded OTT Space, Netflix Lures Indian Viewers With Free Weekend Access

    Plan to extend access to Netflix for no cost over the weekend will be tried in selected markets and will be first rolled out in India In July Netflix started testing an INR 349/month Mobile+ plan for Indian users In August, Netflix launched a Hindi interface for its website and mobile app Online streaming giant Netflix continues to treat India as the stomping ground for...

    • 6 hrs ago

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