Rapido, an online bike taxi aggregator, said it has seen a sharp increase in demand since the relaxation of localized lockdowns in numerous areas, and the company has reached pre-covid high in recent weeks. Rapido expects to more than triple the number of transacting users on its network in the next 18 months as additional offices, schools, and colleges open across the country. “There are multiple instances these days of cab drivers and auto-rickshaws refusing customers,” said Arvind Sanka, cofounder at Rapido. “This has been driving up adoption of bike…
Read MoreDay: November 9, 2021
Apple rails against sideloading apps in iPhone
Apple has publicly reprimanded sideloading apps on its ecosystem several times in the past. In yet another indication of the tech giant’s attitude on the issue, a top Apple official has spoken out against any future law that would oblige Apple to expose its app store to sideloading. Apple senior vice president Craig Federighi recently spoke about the issue at the Web Summit 2021 in Lisbon. Federighi mentioned the Digital Markets Act legislation, which was introduced last year and might require Apple to enable the installation of apps from sources…
Read MorePaytm expressed interest in cryptocurrencies
Paytm, an Indian e-commerce company has expressed interest in cryptocurrencies, joining other financial institutions across the world. It appears that the company would contemplate delivering services centered on cryptocurrencies such as Bitcoin via its platforms, but only if regulatory approval is obtained in India. In a recent interview, a top Paytm executive hinted to the possibility. According to a Paytm representative, the uncertainties around cryptocurrencies are a big reason why the company has yet to enter the market. If India’s regulatory bodies can come up with a clear stance on…
Read MoreTelegram rolls out new features
Telegram has launched fresh updates to improve the app’s speed. The messaging app now has hyper-fast scrolling, a calendar view, a date bar, admin approval settings for invite links, chat themes, and other features. “Today’s update brings new ways to find memories in shared media with high-speed scrolling and a calendar view, an admin approval setting for invite links, global chat themes for your entire app, and more,” the Telegram blog read. The features have been rolled out for the iOS version of the app. Telegram has added a new…
Read MoreStay connected with WhatsApp Web without smartphone being online
WhatsApp is always testing new features to improve the user experience. The ability to link devices without the smartphone being online is the most recent feature that WhatsApp users will soon get. In other words, both Android and iOS users will be able to use WhatsApp’s multi-device feature. Previously, users could connect their smartphones to their personal computers, but they had to always have their devices online. WhatsApp, on the other hand, will now allow users to link devices without requiring the primary smartphone to be online. The ability to…
Read MoreMeta accused of copying a feature from Phhhoto app
A defunct photo app has accused Facebook of copying its feature for Instagram. Instagram’s competitor has filed an antitrust lawsuit against Meta, formerly known as Facebook, for copying its function and destroying competition. This isn’t Facebook’s first antitrust case. Many times, in the past, the social media company has been accused of limiting competition. Users of the Phhhoto app could take five frames in a single point-and-shoot burst, as well as make and share short GIF-like videos. This feature is well-known due to its resemblance to Instagram’s massively famous Boomerang…
Read MoreUnacademy acquires Swiftlearn
Unacademy announced the acqusition of Swiflearn, an online platform that delivers live face-to-face online tuitions for school students, for an undisclosed amount on Tuesday. According to a release, the acquisition is in line with Unacademy’s ambitions to increase its position in the K-12 category and optimize its product offerings in the field. Swiflearn, founded in 2019 by Abhinav Agarwal and Anand Bakode, is an online platform for academic courses that offers personalized home tuition to students in grades 1-10 in the CBSE and ICSE boards. The platform provides online tuition…
Read MoreOla to enter quick delivery services
Ride-hailing platform Ola has started testing a quick delivery service for things such as groceries, personal care, and pet care products in Bengaluru, marking its entry into the quick commerce sector. According to the sources, Ola is launching a prototype of its ‘Ola Store’ in Bengaluru, beginning with a few important regions and then expanding across major cities in India in the coming months. According to the sources, the service is available through the Ola app and is being rolled out to a limited set of customers in Bengaluru. Customers…
Read MoreApna: The fastest unicorn startup in the history
Apna became India’s fastest unicorn when its valuation surpassed $1 billion just 22 months after its inception. It was also an almost twofold increase in the company’s worth in only three months (it was valued at $570 million in June), owing to its rapid rise in scale. The employment portal for blue-collar employees boasts 16 million users on its Android-only app, with 150K recruiters spread across 42 cities. While these figures were reported for the current fiscal year (FY22), the company had a strong financial success in its first full…
Read MoreBinance to investigate squid game cryptocurrency scam
Binance, a cryptocurrency exchange, will now look into the latest scam involving the Squid crypto token, which took money from investors in an exit scam. The exchange has also stated that it will ban accounts associated with the scam from its network. A cryptocurrency based on the famous Netflix series Squid Game has caught the curiosity of crypto investors, reaching to a high of $2,861 within a week of its launch. The currency quickly fell to about $0 as the cryptocurrency’s inventors cashed out the tokens, leaving the project with…
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