Paytm confirms the resignation of Paytm Money’s CTO & Operations Head

A report published on a leading news portal on Wednesday had claimed that Paytm Money’s CTO Suresh Vasudevan and Operations head Beejish Pillai have put down their papers. The latest news of another high profile exit from Paytm Money has emerged almost a month after media reports claimed that Paytm Money’s CEO Pravin Jadhav has…

ByGirish ShettiMay 14, 20200Comments

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DLAI issues new guidelines to Fintech firms to protect customer interest

Digital Lender Association of India (DLAI) has come out with new guidelines to promote responsible lending and ethical collection practices during the tough macro-economic environment in the wake of coronavirus crises. DLAI is one of the important bodies representing the Fintech community. According to the statement issued by DLAI, this new Code of Conduct is binding…

ByGirish ShettiMay 14, 20200Comments

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Acko files Cybercrime case against two of its former employees

Acko Technology, which operates online insurance portal Acko General Insurance, has filed a cybercrime case against two of its former employees. According to Economic Times, Acko Technology has alleged these employees of stealing confidential information pertaining to their company and used the same for setting up a competing business. The complaint has been filed with…

ByGirish ShettiMay 13, 20200Comments

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Sequoia backed GoMechanic Unveils COVID-19 Car Revival Package

Car repair and solution startup GoMechanic on Tuesday unveiled a special ‘car revival package’ for car owners impacted by the ongoing COVID-19 lockdown. The company claims that this special package is especially designed for making the cars road-ready. This package offers 2 months warranty and includes battery jumpstart/replacement and 25 points inspection, according to the statement…

ByGirish ShettiMay 12, 20200Comments

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Unacademy Expands its ESOP Pool for second time this year

Image Source: Blog.unacademy.com While national lockdown has virtually eroded the businesses of all the startups, edtech startups are proving to be an exception during these tough times. They are witnessing a huge surge in their online traction as lockdown has literally shut down all educational institutes and has propelled students towards online education platforms. Facebook backed Unacademy…

ByGirish ShettiMay 12, 20200Comments

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ShareChat Announces a Special Mother’s Day Campaign

Social media Platform ShareChat on Friday announced that it will launch special five day campaign to commemorate Mother’s Day this Sunday. The campaign will be known as #MAA4ME campaign and will start on 9th May, exactly a day before Mother’s Day. Image Source: ShareChat Twitter account ShareChat will run this special campaign across 15 languages on its…

ByGirish ShettiMay 8, 20200Comments

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Crio.Do Successfully Concludes first edition of Crio launch

Tech learning platform Crio.Do has successfully concluded its first edition of Crio launch, which was initiated in February this year. Crio launch is an ongoing program that is developed for pre-final and final year engineering students, helping them to gain industry-standard software development skills through real-time training. The first edition of Crio lasted for ten weeks,…

ByGirish ShettiMay 8, 20200Comments

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Paytm Payment Bank’s FD Accounts crosses Rs 600 crore Mark

Paytm Payment Bank Ltd or PPBL on Friday said that its fixed deposit or FD accounts have crossed Rs. 600 crores mark level. Paytm admitted that the growing financial insecurity due the ongoing coronavirus crises is mainly responsible for the surge in the FD accounts. Paytm Payment Bank operates fixed deposit accounts in partnership with Induslnd…

ByGirish ShettiMay 8, 20200Comments

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Uber India Prepares to Furlough 500-700 Employees: Report

Cab hailing major Uber India is considering handing over pink slips to nearly 500-700 employees, according to news report published in Entrackr. With ongoing coronavirus pandemic virtually impacting every sector, ride-hailing companies have also witnessed a huge drop in its overall business. Although Ola and Uber have now been allowed to operate their rides in the…

ByGirish ShettiMay 7, 20200Comments

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Edtech Platform Unacademy’s Database Hacked

Popular online learning platform Unacademy has been hit by a massive data breach that has exposed the database of its nearly 22 million users, according to American cybersecurity firm Cyble Inc. The security firm further claims that hackers have put the database of these millions of users on sale on the Dark web for almost…

ByGirish ShettiMay 7, 20200Comments

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