Weekly Wrap-up: UPI Launch, Rakuten Entry, Micromax 3.0, Twitter Seva & More…


It is yet another Monday and time to do a quick wrap-up of the posts published on trak.in last week. If you were offline for any reason this is a great way to catch up with all the tech buzz!

Weekly Wrap-up: Ola Corporate, BookMyShow Financials, Paytm Sound Pay & More…

US Govt. has endorsed the importance of the GST Bill, and have said that it can induce a new energy of progress and development. However, at the same day when a Superpower endorses and appreciates GST, main opposition party, Congress, has declared that they will not allow GST to be passed.

The program named Zoomcar Associate Program(ZAP) lets anyone buy cars and lease to Zoomcar to add to their self-drive inventory. Any person, let’s say you and I can purchase one or more cars and lease it to Zoomcar so as to operate on the revenue-sharing model.

In a completely shocking post by a Reddit user, a seller, going by the name of Samson modify zone, on Shopclues is openly selling copied and pirated versions of popular softwares like Windows 7, GTA V, AVG Internet security pack, Microsoft Office, Adobe Photoshop and more.

National Payments Corp. of India Ltd (NPCI) powered Unified Payment Interface (UPI) is all set to revolutionize Digital and mobile payments industry , as this massive project was launched last week.

Amazon is not the only threat that homegrown eCommerce companies like Flipkart & Snapdeal have, Alibaba is launching their Marketplace this year, and now Rakuten also plans on making entry into Indian eCommerce space.

Micromax, one of the fastest growing Indian handset manufacturer has announced their ‘strategic’ partnership with Visa and TranServ which will make every customer of their handsets a part of a close eco-system of mobile based payments mechanism.

State-owned Telco, BSNL, is looking to connect 1 Lakh village Panchayats in a year by providing high-speed broadband connections, until the Government’s rural broadband projects finally rolls out.

Here is a cost effective three step approach that will not only help you to outshine your competitors but will also help you tremendously in acquiring new clients

The race for launching India’s first payments bank has been won by a joint venture between Airtel and Kotak Mahindra Bank. Reserve Bank of India (RBI) allocated the license to Bharti Airtel-Kotak JV yesterday; and this means that Paytm would be the 2nd such bank, if they receive the license.

Due to growing concern and complaints from Aadhaar Card holders, UIDAI (Unique Identification Authority of India), which issues Aadhaar Card, has issued a public clarification regarding such frauds and also given a warning to Ecommerce merchants against such activities which can lead to jail term.

In a move to improve the safety of women in the country, the government of India has announced that all mobile phones will come with panic buttons from 1 January 2017.

Facebook’s PayPal-like money transfer service on its Messenger app, where users can send and request money will soon be going live in India.

In a bid to improve the conditions in smaller towns and villages, and to increase the job opportunities in rural areas, the Government is fast-tracking the work on opening BPOs in rural areas and hinterland of India.

In order to reduce the logistics time and money, Hindustan Unilever Limited, HUL, has come up with a smart program to aid the online sellers. HUL will offer its large warehouse in New Delhi to these online sellers at a subsidized rate.

Indian Government has decided to closely monitor the promises made under ‘Make in India’ program and State level Business Reform Plan; and rank every state of India based on that. In fact, a dashboard has been created, which would be accessible by one and all; wherein every fact and fiction would be visible.

Government has decided to launch a dedicated helpline for entrepreneurs, which would be based on Twitter. Named as Twitter Sewa, any entrepreneur or startup can now use this helpline to get instant, timely support from the Government on any issue pertaining to their startup dream.

Apple has announced iPhone leasing plan for corporate users. With this plan corporates would be able to lease the latest iPhones starting at Rs. 999/month.

US-based smartphone maker, Nextbit, is going to launch its unique and unusual smartphone, Nextbit Robin, in India in April. The exact date is unknown, but it is pegged to be in the last week of this month. The smartphone was launched in the US last year at $399, with additional $70 for shipping to India.

Income Tax department has taken another major leap towards tax reforms by inducing technology into the appeal system. In a first of it’s kind decision, gap between the taxpayer and the taxman has been further reduced, as Aadhaar Card, Net Banking based e-filing verification has been launched by the IT Dept.

Imagine a t-shirt which is connected with an app; whatever design/text you chose to be displayed on your t-shirt can be changed, modified using the app. No, we aren’t talking science fiction here. But reality. An Indian startup has made it possible to connect technology with garments industry.

Google has announced another feature that will help millions of Indians save time while traversing the city roads – The Google Maps app will now give you a spoken alert for upcoming traffic conditions.

With the launch of National Agriculture Market or eNAM, PM Modi led NDA Govt. has attempted to revolutionize Indian agriculture for ever. This step has already been hailed as a game changer.

Micromax, India’s leading mobile handset and consumer electronics manufacturer had a major launch event on 13th April, where they launched 20 new devices, in its new avatar, Micromax 3.0.

It’s not the government organizations that WhatsApp ought to be shielding its clients from. It’s the Phishing attacks, scams, identity thefts on naïve users that needs WhatsApp’s earnest consideration.

Not many realize that the entrepreneurship journey actually helps you discover the real you. It’s not just a journey on the outside that people can see and appreciate, it is as much about looking within and seeking the right answers from yourself as you navigate the tough course of ups and downs as an entrepreneur.

India has maintained as their position as world’s #1 remittance source, as Indians living in foreign locations sent $68.9 billion back home. Compared to 2015, this is a decrease of 2.1%; but despite this fact, India has beaten all countries including China is remittance chart.

Paytm has just disrupted the Indian eCommerce sector’s growth formula by offering free WiFi Internet access to all. For a period of 15 minutes, this free WiFi access would be provided to all Internet users; and the best part is that such access of Internet is neutral

In a bid to gain more share of the untapped market in India, Amazon India has launched the ‘Subscribe and Save’ initiative in India.

Check out or frequently updated Indian Startup Funding & Investment Chart – It has details of close to 1300 deals since last 1 year!

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