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Paytm launches Aadhaar-based client-authentication system

In a move that would upgrade its digital wallet customers to account holders of its upcoming bank, ecommerce company Paytm has launched an electronic, Aadhaar-based client-authentication system. The development was first reported by Economic Times. This would enable its customers to carry out transactions exceeding Rs 10,000 a month. The electronic know-your-customer system (eKYC) will […]

STARTUP & ENTREPRENEURSHIP

Foodtech startup IdeaChakki raises fundings from Ratan Tata

Aiming to primarily expand into new geography along with building a new in-house team and strengthening the technology, Delhi-based footech venture IdeaChakki has raised an undisclosed amount of funding from Ratan Tata. The development was reported by Business Standard. Gunjan Mehrish, co-founder IdeaChakki, said, “Ratan Tata’s validation of the idea will help in attracting more […]

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Useful Business Apps for Tablets

Technologies are getting easy, fast and straightforward. Employing a tablet into your workflow could allow you to stay productive while reducing the weight of your gear bag. And when you add in a keyboard, getting work done on a smaller, slimmer device will be easy. Rather than lugging a massive widescreen laptop around, a tablet […]

LATEST ARTICLES

Jugnoo can put a stop to your Daily Auto Rickshaw Wars

Mother of all intercity transportation Apps : Jugnoo It starts with the search for an auto, then the argument of using the meter or settling for a price and finally the debate over the best route to take – while en route to your destination. Unless you own a car, no matter how well your […]

Ola, Uber and Indian Railways : Is this fare?

Recently, the Indian Railways introduced their ‘Flexi Fare System’, which in effect means, that for every 10% berths sold, an additional 10% on the base fare will be added. Depending on the demand and class of travel, it could go up to a maximum of 50%. The basic objective is to extract additional revenue to […]

Coldplay set to tour India, will Bollywood ruin it for Genuine Music Lovers?

Coldplay frontman, Chris Martin, visited India and made a sleight in and out at one of Delhi’s pubs. Obviously, the whole country was dripping in desperation for a full-fledged Coldplay concert after that. Then came the rumours of a planned concert and tickets priced at 25,000 each – which turned out to be fake. Finally, […]

FinTech : PayU & Citrus Pay agree to a $130M deal

PayU, the online payment service provider, today announced that Citrus Pay an Indian payments technology player would become part of its Indian operation. PayU claims its $130M transaction to be the largest ever M&A cash deal in Indian fintech, demonstrating its payments and financial services expansion strategy. PayU targets to grow its India customer numbers […]

Fork Media acquires 51% stake in Inuxu

According to reports, Mumbai-based digital advertising network Fork Media has acquired a majority stake in adtech firm Inuxu for $3 million in a cash and stock deal. As part of the deal, Fork Media will acquires 51% of equity and Inuxu will continue to work as an independent entity developing products for it. Fork Media […]

Online cosmetic and wellness retailer Nykaa raises Rs 82 crores

Eyeing expansion and inclusion of more brands under its label, online cosmetic and wellness retailer Nykaa has raised about $12 Mn (INR 82 Cr) in a fresh round of fundraising led by Hero MotoCorp MD Sunil Munjal and the Mariwala family (Marico). Sources told ET few existing investors also participated in this fourth round of […]