Weekly Wrap-up: Pokemon Go Craze, Startup Funding, Facebook Encryption & More…


It’s Monday morning and yet again 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…

India’s own e-commerce giant, Flipkart, has finally launched a service where engineers will be sent to your home in case you face any issues with your smartphone post your purchase. The service has been limited to handsets at the moment, and will be scaled up slowly.

Blackberry will be launching three Android-based smartphones, hopefully by July itself. According to reports, the three smartphones, namely Neon, Argon and Mercury are set to be placed in the three key segments in the market right now, to take on Samsung, LG and the major Chinese manufacturers.

Facebook has announced that they are rolling out end-to-end encryption feature for chat messages on their Android and iOS Messenger app besides desktop and tablet platforms. This means that once this option is enabled, no one including Facebook would be able to read and access these ‘secret conversations’

The ‘H-1B and L-1 Visa Reform Act of 2016’ proposed by Democratic Congressman Bill Pascrell from New Jersey and Republican Dana Rohrabacher from California suggests ban of hiring based on H-1B and L-1 if certain conditions are met.

India’s leading mobile wallet platform Paytm has now started offering unsecured (without any collateral) and low-interest working capital loans for O2O merchants registered on its platform.

The Indian Railways seems to be gobbling down some news space as it brings out new reforms. The first one is: It has decided to introduce Battery operated cars (BoC) to make it convenient for disabled, ailing and elderly citizens. It also plans to introduce TRI NETRA to avoid Train Accidents

Google has now launched a program to train 2 Million mobile developers in the country for its Android platform. Considering the number of developers in India who can be trained, Google can expect to get some innovate apps and ideas for its smartphone users.

Milltex Engineers Pvt. Ltd has created history by launching India’s 1st crowd funded eBike – Spero – which promises to deliver a stunning 9 paisa per km expense or roughly 11 Kms for less than a rupee

Chief Minister of Haryana, announced the launch of free public WiFi in 4 locations of Gurgaon – MG Road, Sadar Bazaar, Sector 29 market and Sarhaul Village. The WiFi connection has been established in partnership with Airtel

Bharti Airtel has been hailed as the most transparent company globally, as they achieved 7.3 score out of 10, whereas Tata Communication follows closely at #2 position with score of 7.0. Mahindra is at #3 with 6.7 score.

Maharashtra government recently removed the distribution of fresh agricultural produce from the ambit of the Agriculture Produce Market Committees (APMC) and the traders working with APMC are enraged.

NCB in its 2015 Annual Report stated that abuse of pharmaceutical drugs in India has assumed “serious proportions” due to to online pharmacies, and the problem is more rampant in the Northeast and Northwest regions.

Chinese automobile companies are planning to enter India as the economy is strengthening and the market is maturing. According to a report, Changan Automobile is working on plans to set up a plant in either Tamil Nadu or Andhra Pradesh.

Nintendo’s augmented reality game, Pokemon Go, based on the anime series from Japan, has become an instant rage amongst the people in the US. The Android and iOS game has already exceeded the Twitter daily active count and has been installed on nearly 6% of all Android users in the US.

Here is a detailed comparison of India based Cloud server offerings by various companies including NetMagic, Digital Ocean, E2E Networks, Amazon AWS and SoftLayer

For a SaaS business, there are a few core metrics that you need to give your undivided attention to make your business flourish. Here are the most important metrics you should look at!

Snapdeal, which boasted about ‘no questions asked’ return policy has now cancelled this privilege for electronics items, and forcing the end user to show evidence that the product is indeed defective. Besides, they have also reduced commission charged from sellers, thereby becoming more pro-seller rather than pro-customer.

On a global scale, India has been ranked as 7th largest wealth market as total number of high net worth individuals in the country increased by 55% between 2007 and 2015. There were 2.36 lakh high net worth Indians by the end of 2015, who collectively command $1.5 trillion.

In an effort to push the tourism into the country even further, the Tourism Ministry has proposed e-visa facility for residents of another 36 countries including Italy, Iran, Egypt, Qatar, Saudi Arabia, Bahrain, Nigeria, Ethiopia, Maldives, Kazakhstan, among others

The popularity share of the most popular smartphone in India is nearly double of the next smartphone. At 12.45%, Xiaomi Redmi Note 3 leads the pack, followed by OnePlus 2 at 7.7% and LeEco 1S at 5.74%.

EarlySalary.com, a young 5-month old startup based in Pune is attempting to introduce the concept of payday loans in India using a unique, and innovative concept. Using the power of technology and some social logic, EarlySalary can provide instant small loan via app.

Providing WiFi based Internet is easy, cheap and convenient and TRAI is slowly but gradually understanding this fact, and even endorsing it. In order to encourage and inspire all telecom firms to provide WiFi connectivity, pan-India, TRAI has released a new consultation paper for receiving public opinion on this matter.

Growth is important to every business and is necessary for sustainability. Unfortunately, however, most people don’t understand the importance of growth in relation to raising money, and most importantly, building a strong and sustainable business.

After much delay due to one reason or the other, Reliance Jio’s commercial launch of its high-speed 4G services is upon us. Jio has been called as the world’s biggest startup with an investment of Rs. 1,50,000 crore.

In order to stop the circulation of black money in India, a special panel constituted by Supreme Court of India has recommended a fresh salvo: Ban all cash transactions above Rs 3 lakh. If implemented, this can be one of the biggest anti-black money action ever taken in India.

According to a report released by the company ‘State of the Mobile Web’, Opera Mini has saved about 36,000 Terabytes of data in one year, which is about 98TB of data everyday.

The South Korean multinational LG, has launched 32-inch and 42-inch smart televisions that act as a mosquito repellant. Called ‘Mosquito Away’ technology, the ultrasonic waves drive away the mosquitoes without causing any harm to the residents of the house.

The good news is that Pizza Hut wants us to order more pizza through complete automation; but the bad news is that, thousands of employees who provided assistance for ordering pizza may be fired.

Kerala has taken inspiration from Karnataka and Delhi, and has released a draft policy for cab-hailing services like Ola and Uber in the state. The discussions will be initiated with the respective stakeholders soon, before it is converted into a law.

And, while you are at it, do not forget to check out are up-to-date Indian Startup Funding & Investment table that gives you details of every startup funding deal that has happened since Jan 2015.

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