Weekly Wrap-up: Net Neutrality Threat, Rs.99 Smartphone, Ola Zone & 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, this is a great way to catch up with all the tech buzz from last week.

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

Off late, there have been talks of how the startup bubble in India is about to burst. Several renowned companies like Flipkart and Zomato which have recently faced the wrath of investors on the grounds of high valuation. However, Startups in India Should NOT be intimidated by the thought of devaluation.

In a bid to improve its e-catering service and channelize more requests to its online portal for food ordering, IRCTC has launched a scheme to offer 50% cash back to all prepaid orders above Rs. 300.

Paytm has tied-up with Cinepolis, an international movie theatre chain in India, to allow customers to book their movie tickets using Paytm wallet. Paytm has also tied-up with Mother Dairy for offline payments at their booths in Delhi-NCR region.

For the first time in the history of Independent India, Government has unveiled a comprehensive “Intellectual Property Rights Policy” which aims to recognize the ‘abundance of creative and innovative energies that flow in India’, and channelize these energies for making India a progressive country.

In a first of its kind collaboration, India Post has geo-tagged around 1.5 lakh post offices on Bhuvan, which is a Geographic Information System tool developed and launched by ISRO (which falls under Department of Space)

It comes as no surprise that the Government in Karnataka is promoting startups to such an extent that spaces at metro station will soon be rented to budding entrepreneurs for their ventures

While the concept of having co-founders with contrasting personalities tends to work for the smooth functioning of the company, there are certain things a co-founder must keep in mind not only to avoid jeopardizing his/her relationship with other co-founders, but also avoid putting the business at risk .

Twitter plans to stop considering links and photos a part of the 140- character limit in a tweet. The update is expected to be rolled-out in two weeks once the decision is made public.

DeitY has been assigned the task to develop and create India’s first and only Social Security platform, which will give every Indian a unique identity through which he or she can be identified, and provided social welfare schemes and assistance.

Telecom companies are back with their evil intentions and schemes, as they have written a letter to TRAI, asking them to lift the ban from differential pricing, and hence, allow them to kill principles of net neutrality in India.

ToneTag has partnered with Mphasis to develop innovative solutions to digital banking and both online and offline payments for multiple industries. Mphasis will support ToneTag in creating solutions as an integration partner for contactless payments, location based services and customer engagement services.

The Government has reduced the turnaround time to register a patent in India, while also making it cheaper for startups. A new ‘tatkal’ option also has been introduced that seeks to expedite the registration process for all new applicants, even the first timers.

According to Monster Salary Index the gender pay gap in India has only increased – not only in IT sector but across the corporate spectrum. If we observe only IT sector, then women are now getting paid 34% less than men, which is an increase of 5% over a period of 24 months.

As per the latest NCAP test results, leading and popular cars which are heavily promoted and advertised in India have received zero rating in the overall list. Cars which failed car crash test are: Maruti Suzuki Celerio, Renault Kwid, Maruti Suzuki Eeco, Hyundai Eon and Mahindra Scorpio.

A Bangalore based company Namotel has announced launch of ‘Acche Din’ Smartphone that costs just Rs. 99 or roughly $1.5. Given the price point of this phone, the first question that comes to mind is “Are we looking at yet another major scam”.

Tata Group has finally decided to enter the booming ecommerce niche. On May 27th, Tata Group will launch CLiQ, an online marketplace which will initially compliment their brick and mortar stores; but very soon launch their own web-specific products.

In a very interesting turn of events, Microsoft has struck a licensing deal with two companies for Nokia Devices Business, FIH Mobile – subsidiary of Foxconn, and HMD Global Oy, a Finnish smartphone manufacturer, worth $350 Million.

We all purchase a lot of goods which come in a variety of packaging. Especially with the advent of e-commerce, we now find that packaging and packing gaining a lot of attention these days. Here we describe why and How Product Packaging plays a very important role

Android has come up with a killer solution, that may well change the way we use mobile apps. Infact, Android Instant Apps, you may never need to download the app, and is still accessible and can be used when it is needed!

In the presence of Telangana IT Minister KT Rama Rao, Sachin Tendulkar today launched Smartron’s next product: the tphone. Made with a focus of ‘Make In India’, Smartron’ tphone has been designed and engineered in India.

Apple’s CEO, Tim Cook, inaugurated the development centre in Hyderabad on 19th May, as a part of his first visit to the country. The centre has been opened in WaveRock SEZ area in Gachibowli, Hyderabad.

In order to reduce the turnaround time and keep an available inventory at the airport, Ola has received a special ‘Ola Zone’ after signing a Memorandum of Understanding with the Bengaluru Kempegowda International Airport.

The stern warning issues by Delhi CM Arvind Kejriwal seems to have worked. Uber has relented. They have agreed to do away with its surge pricing policy in the capital city of New Delhi.

FreeCharge users would now be able to send and receive money via WhatsApp, the instant messaging platform used by over billion users across the globe. FreeCharge users have always had an option to transfer money to each other using the app’s built-in wallet system, but the ability to transfer money via some third party app is just awesome.

In case you have not heard about this year’s Google I/O conference yet, do not worry at all, we’re going to list down some hits and misses below to help you digest all the developments in three days. Here are Top 8 Google I/O 2016 Announcements that include details on DayDream, Allo, Duo, Instant Apps & More…

And yes, do not miss out on our regularly update Startup Funding and Investment Chart.

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