Vijay Anand, founder at The Startup Centre claims to have unmasked Unicon Baba – the infamous Twitter handle that surfaced early last year on March 18 and which has come to be associated with the notorious trolling of the Indian startup ecosystem. In a detailed Facebook post titled, “The Not-so Secret Identity of Twitter Troll: Unicon Baba,” he explained his discovery that the Twitter handle, “uni_con1” aka Unicon Baba belongs to Rajan Gupta, Director at U2opia Mobile. However, Rajan has refuted the allegations and also the recovery email address got changed as soon as the news surfaced.
Next on, Paytm has received final approval from RBI and will be commencing its Paytm Bank operations officially from May 23, 2017. One97 Communications, the parent company of Paytm had received permission from the Reserve Bank of India to formally launch the Paytm Payments Bank in January 2017.
Important Developments Of The Week
Snapdeal Employees To Get $30 Mn Bonanza
Amidst the merger woes, Snapdeal announced, its Grand Unbox Sale, probably its last before merger. Snapdeal may offer a $30 Mn bonanza to its staff, if the deal with Flipkart goes through and it also claimed that no amounts are outstanding towards the sellers on its platform, two days after sellers raised concerns to All India Online Vendors Association (AIOVA) about non-payment of dues.
Zomato Reports Security Breach
Zomato notified that over 17 Mn user records from its database were stolen recently. The information includes user email addresses and hashed passwords. Currently, the company claims to have over 120 Mn monthly user visits on its platform. However, in another blogpost, the company claimed that, in order to mitigate the data hack, it managed to open a line of communication with the hacker who had put the user information up for sale. Zomato claimed that the hack was done to demand a bug bounty programme.
BSNL Signs Multiple MoU’s
BSNL has signed agreements with Facebook, Mobikwik, and Disneyland India. The tie-up aims to increase BSNL’s foothold amongst Indian consumers with its Internet and value-added services. Also, it’s a step towards gaining an edge over private players such as Airtel, Vodafone, Reliance Jio among more who are currently dominating the market in the country.