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News Roundup: 6 Stories You Don’t Want To Miss This Week [21 December – 26 December]

News Roundup: 6 Stories You Don’t Want To Miss This Week [21 December – 26 December]

Reliance Communications has put the commercial launch of Facebook’s Free Basics on hold till it gets approval from sectoral regulator Telecom Regulatory Authority of India (TRAI).

Shuttle Services Suspended In Gurgaon

Regional Transport Authority (RTA) has suspended Shuttl and Ola’s Shuttle services in Gurgaon. According to RTA, hese companies have license to operate under the Stage Contract Act, thus thisdoes not allow them for intra city services which comes under Contract Carriage Act.

Tech Mahindra Enters Digital Payments Space

Tech Mahindra Ltd launched a contactless digital payment platform, named MoboMoney, which can be used to pay on a network of NFC enabled Merchant POS/NFC-enabled phone to provide a simple tap & pay experience to purchase goods.

Citrus Launches SplitPay

Citrus launches an automated marketplace payment solution, SplitPay. It will allow merchants charge commissions for different sellers, release payments to sellers and takes care of settlements to the merchant’s bank account.

Shopmatic Signs MoU With CAIT

In order to onboard Indian merchants, Shopmatic signed a MoU with CAIT to provide ecommerce platform, eLala, to around 6 crore merchants associated with Confederation of All India Traders. It will help merchants to develop their own web-store, list and also sell on the platform.

10 Startups To Pitch At The Wharton India Startup Competition

Wharton India Economic Forum will conduct the conference in India, for the first time ever, to mark 20th anniversary of the conference. The conference is scheduled for January 5, 2016 the at St. Regis Hotel, Phoenix Mills, Mumbai.

Other Developments Of The Week

Ola Rolls Auto-rickshaws In Chandigarh

Ola extended its auto-rickshaws facility to Chandigarh. It has 1,000 autos already registered on the platform from the city. Partners With India Post

To expand delivery service  across the country along with providing COD, has tied up with India post. The partnership is aimed to provide wider reach and network.

Swarajya Partners With Quintype

In order to build a responsive & adaptive web presence along with quality media content and personalisation engine that will engage and manage its readers, Swarajya tied up with Quintype’s publishing platform.

Treebo Launches Friends of Treebo

Treebo launched a unique initiative under which it would leverage crowdsourcing to audit the quality at its hotels. The initiative, called Friends of Treebo, will have travel enthusiasts, students, freelancers, and other interested individuals will provide independent feedback on their experiences to the company. Sets New Benchmark

Launched six months back, is a cashback website that rewards shopping and sharing. With 1,20,000 users, already on board, it has almost INR 1 crore cashback rendered so far. It has also contributed 40 Cr to the total GMV of ecommerce websites. To Expand To Newer Geographies

Online grocery firm is scaling up its operations as it plans to enter newer cities next calender year. It also plans to launch its operation in Hyderabad, Mumbai, and Pune.

Hike Messenger Goes Multilingual

Hike messenger launched its app in eight languages viz. Hindi, Marathi, Tamil, Gujarati, Bengali, Malayalam, Kannada and Telugu. It would offer glide functionality at the bottom of the chat panel that will let users swap between the languages.

TinyOwl Speeds Up Food Ordering

The startup has launched new features on its app to build up on seamless food ordering experience for its users. It introduced a feature called Daily Changing Menus which offer handpicked meals for Lunch and Dinner in fewer taps.

YuppTV Launches YuppTV Bazaar

YuppTV’s one stop destination for premium video content, YuppTV Bazaar, will host curated premium video content across various genres such as Education, Short Films, Web Series, and Trailers etc. The move will help independent video content creators to monetise and market their premium content through traditional video-sharing portals, satellite and DTH platforms.

Zivame Launches Lingerie Fit Lounge In Bangalore

In order to educate women about the importance of right size inner-wear, Zivame launched fit lounge in Bangalore. The lounge is aimed to help women discover their right size innerwear and get expert advice when it comes to the style and type of lingerie options available in the market.

OnlineTyari Now Available In Marathi

Test prep platform OnlineTyari has taken a vernacular route to reach more students. It announced that the content to prepare for various competitive exams will be now available in the Marathi language apart from English and Hindi.

UrbanClap Expands To Hyderabad

To branch out in over 10 Indian cities with 100+ categories in the next six months, Urbanclap has launched its services in Hyderabad. At present, UrbanClap is offering services in 42 categories in the city and plan to expand their service offering to over 60 categories in the coming month.

ShopClues Launches Fitness Store

Shopclues will now be able to offer dumbells, gym balls, steppers, yoga mats, omega acids and slimming teas, under Fitness Store. It will offer a wide range of products under different categories for health and lifestyle development. Launches In Beta Version

BeautifulYears is a startup which is started with an aim to “improve the lives of senior people and of those who care for them by facilitating mutual support, bringing innovative products, and providing socially reviewed listing of elder care services.

Uber To Set Up Its First Engineering Centre In Bangalore

To customize solutions for the local market Uber is setting up its first engineering centre in Bangalore. The company will hire software engineers and product managers to work closely with its on-ground operations teams and its product engineering team in San Francisco.

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