Tech is a fickle beast — the disrupters of yesterday might themselves end up getting disrupted themselves.  Paytm, which had revolutionized online payments in India, has fallen a long way behind Google Pay and PhonePe in UPI payments. In July, Paytm did 133 million UPI transactions, which was less than half those done by PhonePe and Google Pay — PhonePe did 296 million transactions in the same period, while Google Pay did 300 million. In…

After years of speculation, Flipkart might be finally close to plugging the biggest gap in its portfolio when compared to arch-rival Amazon — video streaming. Flipkart will launch a free video streaming service before Diwali for its ‘Plus’ premium subscribers, reports Network18. Flipkart Plus is Flipkart’s own loyalty program, which it had launched on 15th August last year. “Video was missing (in Flipkart’s offerins), and we will have it soon,” a source said. “Video has its own merits…

As Reliance prepares the launch of its much awaited e-commerce venture, it’s putting in place a tech arsenal to take on the tech incumbents in the space. Reliance has acquired an 87.6 percent stake in Mumbai-based fashion commerce startup Fynd for Rs. 295 crore. Further, Reliance will have an option to further invest up to Rs. 100 crore in Fynd by December 2021. Fynd provides technology platform and solutions to merchants to manage their inventory and sales across multiple…

Food delivery platform Zomato finds itself in a bit of a soup. Zomato had earlier earned accolades for publicly calling out a customer who’d wanted a Hindu delivery partner because he was observing the holy month of Shrawan. “Food has no religion. It is a religion,” Zomato had tweeted, and the tweet had gone viral, with customers praising its stand. But two days on, the mood on the internet appears to have decisively shifted. #BoycottZomato…

In today’s age of social media conformism, new developments are usually met either with fawning praise or with rabid anger. Zomato, through a simple tweet in which it publicly reprimanded a customer on social media, has managed to elicit both. Zomato is earning both bouquets and brickbats for its response to a customer who wanted his delivery to be made by a non-Muslim delivery partner because it was the holy Hindu period of Shrawan. “Just…

India’s digital payments space has been growing quite rapidly in the recent past, but it clearly isn’t growing fast enough for Truecaller — it’s gone ahead and spurred some growth that isn’t quite organic. Several Indian Truecaller users have been surprised to find out they’ve been signed up for UPI without their knowledge. Users discovered that upon updating their Truecaller apps, an encrypted SMS had been sent to verify their phone number, and they’d then…

In this modern digital age, the scenario of job search is completely different than it was decades back. People hardly look up the newspapers to find job vacancies and they have stopped mailing forms and resumes by post. Almost all job ads are posted on job search site and candidates can share their digital profiles to reveal their qualifications. Both employers and job seekers save countless hours ever since technology has revolutionized job search. The…

India e-commerce upstarts aren’t yet beating their offline counterparts, but they sure appear to be joining them. Flipkart, which has been proclaiming how its e-commerce model would end up disrupting traditional retail, has opened a “furniture experience center” in Bangalore. Flipkart said that the 1800 square feet space aims to give customers a glimpse into the selection that it offers in its furniture category, apart from creating awareness around seamless buying and installation. While Flipkart’s subsidiaries have previously…

Say what you will about Zomato, but there’s probably no other company that keeps coming up with as many innovations in the food tech space as it does. After introducing Zomato Gold, through which subscribers could get a dish free with another dish each time they dined at select restaurants, and Zomato Treats, through which subscribers got a free dessert each time they ordered online, Zomato has now introduced something called Infinity Dining. Infinity Dining,…

If there’s ever a sign that India’s startup ecosystem has come of age, it might just be this. Byju’s will replace Oppo as the chief sponsor of Team India’s cricket jersey from September this year. Chinese smartphone company Oppo had paid a whopping Rs. 1079 crore for the rights to display its brand name on India’s cricket team jerseys in March 2017 for a period of five years, but is now handing over the contract…