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Fintech veteran Jitendra Gupta is ready for his new inning — now he is going after banks in India

For most people in India, having to engage with banks doesn’t instill a sense of joy. Banks in the South Asian market are notorious for making unannounced spam calls to upsell customers loans and credit cards, even when they have been explicitly asked not to do so. Moreover, when a customer does reach out to a bank with a query, it can take forever to get the job done. Take ICICI Bank, India’s third largest bank and until recently my only banking partner for over six years, for an example. It is...
Tags: Amazon, Startups, Apps, Asia, Finance, India, Tech, Banking, Jupiter, Fintech, UPI, Nubank, Naspers, Axis Bank, Gupta, CitrusPay


TikTok launches Jump, a third-party integration tool

TikTok announced today the launch of its Jump program, which expands the app’s potential for third-party integrations. TikTok began beta-testing this feature in February with Whisk, a recipe-sharing app, though only select creators could use the feature. Now, Jump will start rolling out to all users with an expanded slate of partners. Jumps can only be built by third-party providers after being approved through an application process. Platforms like Breathwrk, Wikipedia, Quizlet, StatMuse and Ta...
Tags: Apps, Instagram, Buzzfeed, Tech, Walmart, Snapchat, Software, Computing, Head, Video Hosting, Quizlet, Jumprope, Bytedance, Reels, Tiktok, TikTok TikTok


Uber to become the sole owner of grocery delivery startup Cornershop

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulatory filing Monday that it will purchase the remaining 47% interest in Cornershop in exchange for 29 million shares. The transaction is expected to close in July. Uber announced in 2019 plans to take a majority ownership in Cornershop. That transaction wasn’t completed until the third quarter of 2020 ...
Tags: Startups, TC, Uber, Apps, Mexico, Americas, Tech, Walmart, Canada, Chile, Postmates, Grocery Delivery, Accel, Exit, Dara Khosrowshahi, Cornershop


Apple’s App Store to face scrutiny in Germany as FCO opens ‘market power’ proceeding

Germany’s competition authority, the FCO, has completed its Big Tech GAFA ‘bingo’ card by opening a proceeding against Apple. As with similar investigations already opened this year — into Amazon, Facebook and Google — the proceeding will determine whether or not the iPhone maker meets the threshold of Germany’s updated competition law. The 10th amendment to the law, which came into force in January, enables the Bundeskartellamt to intervene proactively against the practices of large digital com...
Tags: Apple, Google, Amazon, Facebook, Apps, Spotify, Europe, UK, Germany, US, Tech, Policy, Munich, European Commission, Antitrust, Union


Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures

MFast founders Phan Thanh Long and Phan Thanh Vinh MFast, a mobile app that lets Vietnamese users in remote areas access financial services, announced it has raised a $1.5 million pre-Series A today. The round was led by Do Ventures, with participation from JAFCO Asia.   Launched in 2019 by fintech company Digipay, MFast says it has been used by 600,000 people to date. It partners with financial institutions who provide services like loans and insurance, and says it has been used to distribu...
Tags: Fundings & Exits, Startups, TC, Apps, Tech, Vietnam, Financial Services, Fintech, Jeff, Jafco, Do Ventures, Naver Vertex, Digipay, JAFCO Asia, MFast, Phan Thanh Long


Anti-vaccine groups used Telegram to send 'apparent death threats' to BBC journalists, report says

Anti-lockdown protests in London. Photo by Kirsty O'Connor/PA Images via Getty Images Telegram users reportedly shared BBC journalists' addresses and info in an anti-vaccination group. BBC News asked staff to undergo training for handling "in-person" attacks, The Observer reported. Attacks on reporters hit unprecedented levels in 2020, The Committee to Protect Journalists said. See more stories on Insider's business page. BBC News is said to have tightened its newsroom security...
Tags: Apps, New York, London, News, Media, US, Trends, Social Media, Tech, Bbc, BBC News, Unesco, The Observer, Journalists, Telegram, Committee to Protect Journalists


Tiger Global in talks to back BharatPe at $2.5 billion valuation

Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter told TechCrunch. The new round, a Series E, is valuing the three-year-old New Delhi-headquartered firm at a pre-money valuation of $2.5 billion, sources said, requesting anonymity as the matter is private. The round hasn’t closed, so terms may change, sources cautioned. BharatPe, which prior to the new round had raised about...
Tags: TC, Apps, Asia, Finance, India, Funding, Tech, Tiger Global, New Delhi, UPI, Grover, Small Finance Bank, Centrum Financial Services, BharatPe, Osborne Saldanha


Spotify acquires Podz, a podcast discovery platform

Podcasts are all the rage, but podcast discovery is a challenge. Today, Spotify announced its acquisition of Podz, a startup that’s trying to solve the problem of podcast discovery. “At Spotify, we are investing to build and scale the world’s best (and most personalized) podcast discovery experience,” the company said. “We believe that Podz’ technology will complement and accelerate Spotify’s focused efforts to drive discovery, deliver listeners the right content at the right time, and accelerat...
Tags: Apple, Apps, Spotify, Podcast, Technology, Tech, Machine Learning, Paris Hilton, Microsoft Windows, Operating Systems, Clubhouse, Artist, Katie Couric, Canaan Partners, M13, Latif Peracha


Canoo wants to connect owners to all of their vehicles — not just Canoo’s

Electric vehicle startup Canoo detailed some of the features that may be on its app on Thursday, foremost of which is a one-stop shop functionality that customers could use for their Canoo vehicles – and all their other cars, as well. This unusual approach to its branded vehicle app could potentially pay off big-time for Canoo in terms of user data and revenue via sales on services like tire replacements and insurance. If the average Canoo driver owns two other vehicles, that could mean that 50,...
Tags: Apple, Transportation, Apps, Tech, App, Automotive, Electric Vehicles, Netherlands, Oklahoma, Aquila, Treiber, Solera Holdings, Kranz, Stefan Krause, Ulrich Kranz, VDL Nedcar


Following lawsuits, Snapchat pulls its controversial speed filter

Lately, Snapchat’s 3D Cartoon lens has been all the buzz, making all of our friends look like Pixar characters. But since 2013, a staple filter on the ephemeral photo sharing app has been the speed filter, which shows how fast a phone is moving when it takes a photo or video. Today, Snapchat confirmed that it will pull the filter from the app. NPR first reported this today, calling it a “dramatic reversal” of Snap’s earlier defense of the feature. Over the years, there have been multiple car acc...
Tags: Apps, Lawsuit, Technology, Selfie, California, Tech, Snapchat, Instant Messaging, Software, Computing, Npr, Bob Marley, Lawyer, Driver, Car Accidents, Snap


Hit game PUBG Mobile returns to India with scores of questions

Krafton, which filed for an IPO earlier this week, has built a gigantic gaming empire. If the firm is able to raise the target $5 billion from the IPO it will be the largest public offering in its home country, South Korea. The firm has something to celebrate elsewhere in the world, too. On Thursday, it pulled off another feat that no other firm has been able to achieve: Its sleeper hit title, PUBG Mobile, has made a return to India, which banned the title more than nine months ago. The world’s ...
Tags: Apple, Google, TC, Gaming, Apps, Asia, South Korea, China, Ipo, India, Tech, Alibaba, Tencent, Mobile Gaming, New Delhi, South Asia


Amazon’s Appstore lowers its cut of developer revenue for small businesses, adds AWS credits

Amazon is following in the footsteps of app store giants, Apple and Google, with this week’s introduction of its Amazon Appstore Small Business Accelerator Program. The new program will reduce the commissions Amazon takes on app developer revenues for qualifying smaller businesses. Previously, Amazon’s Appstore took a 30% cut of revenue, including that from in-app purchases. Now, it will take only 20% from developers who earned up to $1 million in the prior calendar year. The program will additi...
Tags: Apple, Google, Amazon, Apps, Tech, Developers, Aws, App-store, Amazon Web Services, Amazon Appstore, Previously Amazon, AppStore, Palanidaran Chidambaram


A security bug in Google’s Android app put users’ data at risk

Until recently, Google’s namesake Android app, which more than five billion installs to date, had a vulnerability that could have allowed an attacker to quietly steal personal data from a victim’s device. Sergey Toshin, founder of mobile app security startup Oversecured, said in a blog post that the vulnerability has to do with how the Google app relies on code that is not bundled with the app itself. Many Android apps, including the Google app, reduce their download size and the storage space n...
Tags: Google, Android, Google Play, Security, Apps, Samsung, Tech, Software, Computing, App-store, Operating Systems, Mobile App, Google Allo, Mobile Malware, Mobile Linux, Sergey Toshin


Instagram’s TikTok rival, Reels, rolls out ads worldwide

Instagram Reels are getting ads. The company announced today it’s launching ads in its short-form video platform and TikTok rival, Reels, to businesses and advertisers worldwide. The ads will be up to 30 seconds in length, like Reels themselves, and vertical in format, similar to ads found in Instagram Stories. Also like Reels, the new ads will loop, and people will be able to like, comment, and save them, the same as other Reels videos. The company had previously tested Reels ads in select mark...
Tags: Social, Mobile, Apps, Video, Instagram, Advertising Tech, Australia, Youtube, Advertising, Tech, Social Media Marketing, Bloomberg, Mobile Software, Video Hosting, Online Advertising, Digital Marketing


Spotify launches its live audio app and Clubhouse rival, Spotify Greenroom

In March, Spotify announced it was acquiring the company behind the sports-focused audio app Locker Room to help speed its entry into the live audio market. Today, the company is making good on that deal with the launch of Spotify Greenroom, a new mobile app that allows Spotify users worldwide to join or host live audio rooms, and optionally turn those conversations into podcasts. It’s also announcing a Creator Fund which will help to fuel the new app with more content in the future. The Spotify...
Tags: Social, Mobile, Apps, Spotify, Podcast, Music, Media, Audio, Social Media, Tech, Ios Apps, Mobile Apps, Creators, Android Apps, Streaming, Streaming Service


Apna raises $70 million to help workers in India secure jobs

Indian cities are home to hundreds of millions of low-skilled workers who hail from villages in search of work. Many of them have lost their jobs amid the coronavirus pandemic that has slowed several economic activities in the world’s second largest internet market. Apna, a startup by an Apple alum, is helping millions of such blue and gray collar workers upskill themselves, find communities and land jobs. On Wednesday it announced its acceptance by the market has helped it raise $70 million in ...
Tags: Apple, Apps, Asia, India, Funding, Tech, Shadowfax, Parikh, Griffin Schroeder, Nikhil Sachdev, Apna, Parikh Apna, Nirmit Parikh


FamPay, a fintech aimed at teens in India, raises $38 million

How big is the market in India for a neobank aimed at teenagers? Scores of high-profile investors are backing a startup to find out. Bangalore-based FamPay said on Wednesday it has raised $38 million in its Series A round led by Elevation Capital. General Catalyst, Rocketship VC, Greenoaks Capital and existing investors Sequoia Capital India, Y Combinator, Global Founders Capital and Venture Highway also participated in the new round, which brings FamPay’s to-date raise to $42.7 million. TechCru...
Tags: Startups, TC, Apps, Y Combinator, Asia, Instagram, Finance, India, Funding, Tech, Netflix, General Catalyst, Global Founders Capital, Bangalore, Greenoaks Capital, Jain


Android announces six new features, emphasizing safety and accessibility

Android shared information today about six features that will roll out this summer. Some of these are just quality of life upgrades, like starring text messages to easily find them later, or getting contextual Emoji Kitchen suggestions depending on what you’re typing. But other aspects of this update emphasize security, safety, and accessibility. Last summer, Google added a feature on Android that basically uses your phone as a seismometer to create “the world’s largest earthquake detection netw...
Tags: Apple, Google, Android, Google Play, Apps, Spotify, Greece, Yahoo, Etsy, California, Ebay, Siri, Tech, Nike, Walmart, Turkey


Google Chrome is testing two new features for tab addicts

I have a confession to make: I’m a tab addict. My browser is so stuffed with the bastards that they’re practically microscopic. It puts my poor laptop under so much strain, sometimes I hear it scream. The folks at Google must have heard the cries, because they’re working on new ways to help manage the addition. Reddit user Leopeva64-2 spotted an option in the Canary build version of Chrome that allows users who’ve closed a tab group to easily restore the pages both individually and en masse. The...
Tags: Google Chrome, Google, Startups, Apps, Reddit, Insider


Messaging social network IRL hits unicorn status with SoftBank-led $170M Series C

Social calendar app IRL has been busy building a messaging-based social network, or what founder and CEO Abraham Shafi calls a “WeChat of the West.” Following its pandemic-fueled growth and further push into the social networking space with group chat and other features, IRL is today announcing a sizable $170 million Series C growth round, led by SoftBank’s Vision Fund 2. The fundraise also mints IRL as a new unicorn with a $1.17 billion valuation. Besides SoftBank, new investor Dragoneer also p...
Tags: Social, Startups, TC, Facebook, Apps, Instagram, Social Networks, California, Softbank, Funding, San Francisco, Tech, United States, WeChat, Twitch, Social Network


Mobile game spending hits record $1.7B per week in Q1 2021, up 40% from pre-pandemic levels

The Covid-19 pandemic drove increased demand for mobile gaming, as consumers under lockdowns looked to online sources of entertainment, including games. But even as Covid-19 restrictions are easing up, the demand for mobile gaming isn’t slowing. According to a new report from mobile data and analytics provider App Annie in collaboration with IDC, users worldwide downloaded 30% more games in the first quarter of 2021 than in the fourth quarter of 2019, and spent a record-breaking $1.7 billion per...
Tags: Google, Google Play, TC, Gaming, Apps, Saudi Arabia, Germany, Tech, Turkey, United States, Asia Pacific, Xbox, Nintendo, App-store, Mobile Devices, Idc


WordPress.com owner Automattic acquires journaling app Day One

Automattic is expanding its lineup of online writing platforms with its acquisition of Day One, a popular journaling app for Mac and Apple mobile devices. The app has been downloaded more than 15 million times since its March 2011 launch on the Mac and iTunes App Store, offering users a private place to share their thoughts. Since then, it’s been awarded the App Store Editor’s Choice, App of the Year, and the Apple Design Award, along with praise from various reviewers. Deal terms were not immed...
Tags: Apple, Fundings & Exits, Verizon, Apps, Wordpress, Tech, Tumblr, Journal, Day One, Microblogging, Automattic, Mayne, Paul Mayne, Spotify YouTube Facebook Twitter, Mayne By joining Automattic


Google’s AirTable rival, Tables, graduates from beta test to become a Google Cloud product

Last fall, Google’s in-house incubator Area 120 introduced a new work-tracking tool called Tables, an AirTable rival that allows for tracking projects more efficiently using automation. Today, Google says Tables will officially “graduate” from Area 120 to become an official Google product by joining Google Cloud, which it expects to complete in the next year. The Tables project was started by long-time Google employee, now Tables’ GM, Tim Gleason, who spent 10 years at the company and many more ...
Tags: Google, TC, Apps, Technology, Microsoft, Tech, Computing, Gm, Orion, CRM, Tables, Tim Gleason, Google Sheets, Google Cloud, Inventory Management, Cloud Applications


I'm a notoriously bad sleeper who tried Sleep by Headspace for a month to stop waking up in the middle of the night - here's how it went

The Headspace app. Headspace Freelance writer Zoe Rosenberg has struggled with getting a good night's sleep for years. She decided to download Sleep by Headspace, which costs $69.99 a year. She liked the wind-down and mid-night exercises, which helped her get to sleep after waking up. See more stories on Insider's business page. I don't remember when it started, but somewhere along the way, I became bad at sleeping. This was way before the pandemic made sleep practically imposs...
Tags: Google, Apps, Sleep, Life, Trends, Strategy, Linkedin, Meditation, Anxiety, Jeff Weiner, Sleeping, Alexa, Nordic, Headspace, Sleep Aid, Buddhist


Everyone you know is a Disney princess, which means AR is queen

This weekend, all of your friends morphed one by one into animated, Pixar-inspired characters. This isn’t a fever dream, and you’re not alone. On Thursday, Snapchat released a Cartoon 3D Style Lens, which uses AR to make you look like a background character from “Frozen.” Naturally, even though TikTok’s own AR cartoon effects aren’t quite as convincing as Snapchat’s, people are turning to TikTok to share videos of themselves as Disney princesses, because of course they are. This isn’t the first ...
Tags: Apple, Facebook, Apps, Technology, Instagram, Disney, Tech, Snapchat, Software, Canada, United States, Computing, Ar, Augmented Reality, App Store, Pixar


Yana’s mental health tool for Spanish speakers nears 5 million users

Andrea Campos has struggled with depression since she was 8 years old. Over the years, she’s tried all sorts of therapies — from behavioral to pharmacotherapy. In 2017, when Campos was in her early 20s, she learned to program and created a system to help manage her mental health. It started as a personal project but as she talked to more people, Campos realized that many others might benefit from the system as well. So, she then built an application to provide access to mental health tools ...
Tags: Apple, Health, Google, Fundings & Exits, Startups, TC, Facebook, Apps, Messenger, Mexico, Funding, Social Media, Startup, Tech, Spain, Software


‘We are democratising the right to laziness’: the rise of on-demand grocery deliveries

Companies are springing up all over the UK promising to deliver whatever you want in as little as 10 minutes. But what could we lose by never popping out for milk again?One Friday afternoon in May, Glenn Cobane, 40, who lives with his wife and two cats in Salford, did some grocery shopping: a loaf of bread, bananas, an avocado, cat food, chocolate brownies and some cans of beer. Rather than going to a nearby corner shop or walking a mile to the large Tesco Extra, he bought the food and drink fro...
Tags: Uber, Apps, Business, UK, Technology, Tesco, Life and style, J Sainsbury, Supermarkets, Retail industry, Food & drink industry, Salford, Deliveroo, Tesco Extra, Glenn Cobane, Cobane


Inman Review: VoxDirect makes text marketing simple

A "MailChimp" for text marketing, VoxDirect is a mobile app for both major operating systems, helping agents schedule and leverage text messaging for lead capture and nurture.
Tags: Apps, Technology, Opinion, Marketing, Ios Apps, Mobile Apps, Radio, Android Apps, Marketing Software, Text Messaging, Select, Real Estate Technology, Lead Capture, Small Business Software, Lead Nurture, Tech Reviews


Tiger Global in talks to invest in Classplus at over $250 million valuation

Tiger Global is in talks to lead a $30 million round in Indian edtech startup Classplus, according to sources familiar with the matter. The new round, which includes both primary investment and secondary transactions, values the five-year-old Indian startup at over $250 million, two sources told TechCrunch. The new round follows another ~$30 million investment that was led by GSV recently, one of the sources said. The round hasn’t closed, so terms may change. Classplus — which has built a Shop...
Tags: Apps, Asia, Education, India, Funding, Tech, Tiger Global, Blume, AWI, Sourav Ganguly, GSV, Falcon Edge, RTP Global, Classplus, Mukul Rustagi, Rustagi


Apple announces its 2021 Apple Design Award winners

Apple incorporated the announcement of this year’s Apple Design Award winners into its virtual Worldwide Developer Conference (WWDC) online event, instead of waiting until the event had wrapped, like last year. Ahead of WWDC, Apple previewed the finalists, whose apps and games showcased a combination of technical achievement, design and ingenuity. This evening, Apple announced the winners across six new award categories. In each category, Apple selected one app and one game as the winner. In the...
Tags: Apple, Ios, Google, Gaming, Apps, Games, India, Awards, Tech, Companies, United States, Computing, Belgium, Belarus, Denmark, Apple Watch