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Tag: Demonetisation
WhatsApp: The New Business Card, Storefront, And Cash Register
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“WhatsApp wins India’s payment wars!” No. That’s fake news.
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PayPal, A Pioneer That Introduced Digital Payments To The World, Now Wants To Ride India’s Boom
American online payments firm PayPal is looking at a bigger payoff from its bets in India. The company, which set up a startup incubator in Chennai in 2013, has now decided to start taking equity in the firms that join…
India’s Transition To Digital Has Caused A Spike In Cyber Attacks, But They Can Be Fought
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Festival Season Sales: E-commerce Is Battling Note Ban, GST Blues; Paytm Mall May Just Muddy The Waters More
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Hurtling Into Digital Age, India Stacks Up 3 Billion Entries
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Digital Payments: Paytm’s Biggest Contender Will Be WhatsApp Or Amazon?
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MobiKwik Stops Cashback To Start Loyalty Programme, Reduce Burn By 25%
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Snapdeal Pay Hike: Face-Saving Gimmick Or Bid To Retain Talent?
Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, is reportedly giving out pay hikes of up to 15% to its employees even as talks of its merger with India’s biggest e-commerce company Flipkart are fast progressing. Sanchit Vir Gogia,…
Real-Estate Firms Open The Door To Technology Start-Ups
Real estate companies are starting to seek the help of technology start-ups in a bid to save costs as they face meek to zero interest in projects due to demonetisation. “At this juncture, as well as in the foreseeable future,…
Uber-Reliance Jio Partnership Signals Larger Battle In Mobile Wallets
Mukesh Ambani-promoted Reliance Jio’s partnership with Uber, the American cab-hailing company announced on Monday, signals a larger battle in the mobile wallet space where Paytm leads with over 160 million users. Airtel could not gather the critical user base while…
Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?
At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s…
Funds Dried Up And Valuations Fell: The Year That Was For Startups
The biggest change for technology startups came on November 8, when the government announced its decision to ban currency notes of Rs 500 and 1,000. Suddenly technology became a large driver for commerce. While retail sales in pockets dropped up…
Note Ban Chokes Handset, Electronics Business
Handset and electronics business, one of the sectors worst hit by demonetisation, are looking at the government for relief. “The electronics market moves from quarter to quarter. If the situation remains the same, then stocks of products will keep piling…
Demonetisation: How TCS, Which Counts RBI & Other Banks As Clients, Changed Back-End Systems Overnight
Late on the evening of November 8, 10 executives at Tata Consultancy Services got on a conference call to discuss how to ensure that their banking customers will be able to comply with Prime Minister Narendra Modi’s demonetisation announcement. “No…
Grocers Suffer As Wholesalers, Distributors Still Not On Paytm
The government’s demonetisation of ₹500 and ₹1,000 currency notes has led to the meteoric rise of Paytm, India’s largest digital wallet and payment company. “When the cash is back, it will be a challenge. We will have to see how…