Weekly Wrap-Up: Myntra Mobile Website, Jio Money Wallet, Govt Cashless Push & more…


It’s Monday morning and time to do a quick wrap-up of the posts published on trak.in last week. If you were offline for any reason, here is great way to get all the tech buzz from last week.

Weekly Wrap-up of Tech, Mobile & Startups

American audio electronics company, Altec Lansing has made a comeback to the Indian market with a range of funky and hi-tech speakers. Partnering with an Indian company, Trade Bazaar Hometech Ventures LLP, Altec Lansing boasts of nearly every-calamity proof speakers starting from Rs. 3,000 to Rs. 14,000.

In a historic decision, both Department of Telecom (DoT) and Ministry of Information & Broadcasting have decided to use White Space spectrum in India for providing advanced mobile services.

Aiming on emulate Alibaba in generating advertisement based revenues, Snapdeal has launched their own in-house developed advertisement platform called Snapdeal Ads. Offered for their sellers, Snapdeal ads can significantly boost their bottom line, and help them to generate more revenues.

Social media is essential to any new startup’s marketing plan because it offers free and low cost ways to promote a new website. Social can work better than techniques like SEO to build traffic in the initial states of promoting a startup.

Apple may be dropping the 3.5mm headphone jack and instead will be making the lightning port an audio jack. The move stems from the fact that phones are getting more compact these days and hence the need to cut some slab off them.

Bharti Airtel has announced their intention to invest Rs. 60,000 to improve its quality of network and enhance customer experience. Dubbed as ‘Project Leap’, Airtel plans to completely transform the current processes in India and bring about a good change in the industry.

Quikr, India’s leading digital classifieds portal has acquired real estate portal CommonFloor.com in a stock-and-cash deal valued at $200 million.

After Flipkart admitted their mistake of going app-only and re-launched their mobile website via specially designed mobile browser apps; it is now Myntra’s turn to make a comeback.

As per the findings of Accenture, $331 billion of revenue is lost, solely due to poor customer service experience by customers. Such is the magnitude of this problem, that 88% of Indian customers are likely to switch atleast one company due to bad customer care experience.

Ringo App, low cost domestic and international calling app has received a major setback in just couple of days after their domestic launch. Some of the Indian Telecom Operators have allegedly blocked Ringo app on their networks.

OnePlus has announced the launch of an exciting new exchange offer. For the first time, OnePlus fans can now exchange their old phone for any of the OnePlus phones. This offer is as sweet as it gets, because OnePlus has joined hands with ReGlobe to buyback the old phones, which means you don’t have to worry about selling your old phones.

Digital banking is the latest and popular trend among the young generation. In India, with increasing competition from Fin-tech startups & mobile wallet companies like PayTM, Mobile wiki, Easy recharge, Ola Money etc , Banking sector has been quick to respond to the ongoing digital disruption with the products like ICICI Pockets , HDFC Chillr & PayZap , SBI buddy & Batua

In a series of Tweets, AAP announced that Delhi Govt. is collaborating with Chicago University for getting citizen’s ideas in combating this menace. They also announced a ‘seed fund’ of Rs 2 crore for any startup which introduces a solid solution to bring down Delhi pollution.

In order to give a boost to domestic manufacturing of electronic goods and to encourage innovation among local manufacturers, Government of India has launched a special Electronics Development Fund (EDF) worth Rs 10,000 crore.

The whole Indian e-commerce industry in India best exemplifies the meaning of the phrase “digging itself into a hole”. In some other ways, it also typifies what we call “a zero sum game”, i.e. any which way you do the math, it just doesn’t add up – no one is the winner.

Now you all must have heard the big issues over Foreign Direct Investment or FDI in retail and e-tail. however, recent RBI notification puts everything to rest, they have now effectively lifted all FDI restrictions including on Etail and Retail!!

Swiggy, one of the hottest Bangalore based Food Delivery startup has forged another big partnership with India’s largest Café retail chain Café Coffee Day. Just last week, they had announced their partnership with Global burger retail chain, Burger King.

Vijay Shekhar Sharma, founder of India’s biggest mobile commerce portal Paytm debuted on Reddit India with his first AMA (Ask me Anything) session. Going by the 296 positive karma he received while answering Redditors questions, it is clear that the AMA went amazingly well.

Nature is currently at its worst fury, as heavy rain is continuously pounding in Chennai and surrounding areas. The region is right now amidst worst floods ever recorded, as more than 250 people have died while affecting 1.8 million people. But some brands and startups are going out of their way to help!

The AAP government in Delhi recently announced that they will provide funding of Rs 2 crore to test the best ideas a startup can come up with to combat pollution. Here we present six ideas that can be be used right now to reduce air pollution

Paytm, India’s largest mobile payment and commerce platform, announced launch of Virtual prepaid cards for consumers in partnership with ICICI Bank. The prepaid card will be a co-branded card and will be linked to user’s paytm wallet.

Khan Academy has launched a portal for Hindi speaking students in India. As per founder Salman Khan, who has been featured in the as Time’s 100 Most Influential Persons list in 2012, Khan Academy in Hindi aims to disrupt the traditional tuition model and provide high quality educational videos for free to every student.

Understanding the needs of startups which are aiming to make a dent in the health care sector, IIT Hyderabad has launched a dedicated incubator: Centre for Healthcare Entrepreneurship.

Ericsson has approached the court for a second time, this time to stop Yu Televentures, a Micromax subsidiary, from selling their handsets in India.

Everyone agrees that technology is as important for human species as it was water few centuries earlier and the way roads and industries were crucial few decades earlier. But when a person can access the same content and same services using a low end sub-Rs 5000 smartphone, why should he choose an iPhone, which is 10 times as costlier?

Reliance Jio Infocomm, subsidiary of Reliance Industries Ltd, will be launching a new Digital wallet service called Jio Money by mid-December. While the company has not made any official announcements, a report in Times of India cites unnamed sources for this development.

Microsoft has confirmed that they will provide support to Windows 10 Mobile till the end of 2017 for all the users. Although the software is yet to be released to the existing Windows Mobile users, there are already talks about its end.

Indian Govt. has decided to go full throttle on adapting cash less payments. In fact, as per reports coming in, Govt. may soon make it mandatory to make all Govt. related transactions above Rs 1000 as mobile or digital based!

A Hyderabad-based NGO, Prajwala, has filed a PIL in Supreme Court, asking these social networks to be banned as these portals/apps are not checking the content which is being shared on their platform, and thereby causing harm to the society.

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