Weekly Wrap-up: Jio World Record, #BoycottChina Fiasco, Amazon Global Store & More…


It’s Monday morning and yet again time to do a quick wrap-up of 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…

Reliance Jio launched its 4G services to the masses on 5th September and now within just 1 month of its operations, it has managed to garner over 16 million subscribers. No other telecom company or start-up has ever achieved to do it with such a pace.

In view of China’s support to Pakistan & their proxy-war against India, social media has erupted in cries of #BoycottChinaProduct, across all niches and locations. This movement to stop inflow of Chinese products is now slowly, but gradually turning into an official movement.

Nokia’s yet-to-be launched smartphone, internally called the D1C, has surfaced online on Geekbench in the past, and now on AnTuTu benchmarking website. The benchmarking websites and apps reveal the specifications of the smartphones, and have been used to predict the features in the production model.

In a recent event organized by World Economic Forum, Govt. has admitted that disbursement of funds via this special scheme has been slow as of now, as only 600 startups have been funded for a total amount of Rs 1100 crore, out of Rs 10,000 crore corpus.

Flipkart and Amazon, which are multi billion dollar ecommerce companies having thousands of employees and billions of dollars of VC funding, are now battling over the question of supremacy hing and churan.

Samsung Galaxy Note 7 fiasco is finally going to end as the company plans to end the production of Galaxy Note 7, indicating that the things are completely out of hand now and there is no they can reverse the situation. It takes guts to do this, considering the phone got released only a few months back.

Amazon India will be back with its Great Indian Festive Sale from October 17, while Paytm will launch its Maha Bazaar sale from October 12, and Snapdeal will be back with Unbox Diwali sale from October 12.

Airtel has launched another plan that will offer additional 14GB 4G data on the purchase of 1GB of 4G internet pack. This plan will be available on the ‘My Airtel’ app and you will have to download the app to access the pack.

Called Workplace by Facebook, the service will now be available to any company or organization that wants to use it. Facebook itself already had an internal app for the same that helped its employees connect with each other, and this paved the way for Workplace.

As per various estimates, more than 100 terabytes of passenger data is presently in possession of Indian IRCTC, and in coming days, this massive amount of data would be monetized. This would open up a new paradigm of data monetization strategy, which even WhatsApp and Facebook hasn’t quite decoded till date.

As per the proposal by TRAI, a monthly rental of Rs 130 has been proposed for accessing 100 standard definition TV channels, per set top box, per month. This amount is excluding taxes.

Amazon’s Global Store has been launched in India and this gives us the opportunity to order any product of choice from Amazon stores in other countries. Obviously, this will depend on whether the seller is ready to ship the product to India or not.

The updated MyAirtel App not just only allow you to access self-care features like checking account balance, paying bills, but also has an ‘Airtel Apps’ section. It features apps like Ditto TV (with 100+ LIVE channels), Hike Messenger, Wynk Music, Wynk Movies, Juggernaut, Airtel Money, and many more.

There is a good news for OnePlus fans in India – OnePlus has today announced launch of its very own e-commerce platform for Indian fans and enthusiasts. The store is available at http://oneplusstore.in

As per a statement issued by ICICI Bank, they were able to successfully exchange and authenticate documents related with International trade, such as purchase order, invoice, shipping, insurance besides exchanging transaction messages related with remittances using blockchain ecosystem.

As per reports emerging, Paytm may soon spin off its ecommerce business and pave way for Alibaba to enter in India. As per an unnamed official, the launch of Alibaba’s marketplace in India, established on the backdrop of Paytm’s marketplace, would be launched in November this year.

As per All India Council for Technical Education (AICTE), enrollment and intake for mechanical engineering has gradually and steadily overtaken demand for computer science engineering in India, and this has been going on since last 4 years.

Airtel today has launched the much-awaited high-speed fixed broadband service called ‘V-Fiber’ in India. The service will be offered in 87 cities across the country and will be rolled out across Airtel’s national broadband network in the coming weeks.

Reliance Jio’s much touted ‘Free Voice Call’ offer is now under attack, due to the legality of the same. Telecom Authority of India (TRAI) has questioned Jio over their free calls offer, and demanded an explanation.

To finally enforce a law on sharing of user’s personal information, Government of India will draft a policy that will list down what kind of data WhatsApp and Gmail should store, in what format and for what duration. This is not limited to just these 2 services, but also other email and chat applications.

Airtel is planning to counter Jio by launching a similarly powerful product, and this can have some serious traction in coming days. Tentatively priced Rs 148 for a month, Airtel’s new pack offers unlimited Internet based voice calling.

State sponsored media from Beijing, China has declared their emphatic victory over #BoycottChinese campaign unleashed on social media in India. They have said that despite protests against them, Chinese goods witnessed record sales in India this festive season.

And finally don’t forget to check out our up-to-date Indian Startup Funding & Investment chart!

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