Krishna Mali, Author at TechGraph

NIUM launches its cross-border payments platform in Indonesia

With the attempt to strengthen its position in Southeast Asia’s cross-border payment space. NIUM (a formerly known as InstaReM) on Wednesday, said that “It has received the Fund Transfer license from the Bank of Indonesia.” The License will allow, “The retail consumers, Small & Medium Enterprises (SMEs), Financial Institutions, and other payment service providers in Indonesia to smoothly send and receive the money on its platform.” In a statement, the company said that “NIUM-powered PT InstaRem Mitra Indonesia is

Bookingjini scores Rs 3 crore from Mumbai Angels, Apurva Salarpuria and others

Bookingjini, a Bhubaneshwar-based online platform that allows hotels to generate direct booking on its platform, has scored Rs 3 crores in its seed round funding from Mumbai Angels Network, Apurva Salarpuria, and some other angel investors. The new round funding, which was led by Apurva Slarpuria, director of Salarpuria Group, has also witnessed the participation of 18 investors from Mumbai Angels Networks, Bhubaneswar Angels and some others. BookingJini, which is founded by Sibasish Mishra in 2017, “Allow the

Facebook’s Escalating Feud With Elizabeth Warren

Over the last few months, Senator Elizabeth Warren of Massachusetts has positioned herself as one of the front-runners for the Democratic nomination for president in the United States’ 2020 elections. Widely viewed as the ‘most progressive candidate’ in the Democratic primaries, Warren has built her run around a series of forward-looking, liberal reforms - most of which aimed at reducing income inequality. As, the U.S. economy showing some signs of slowing down, there may indeed be quite a lot of sense in the

China is now working 6G technology

To keep the dominance in the technology space, the Chinese Ministry of Science and Technology has announced that, “It has started its research on Sixth generation telecoms technology, and has set up a working group on research and development and general expert group in the country.” The statement from the ministry has come after its meeting with “Ministry of Education, The Ministry of Industry and Information Technology and Chinese Academy Science on Sunday.” “The ministry will work with the general expert group and

pre-IPO round: Freshworks secures $150 million funding from Google, Sequoia, Accel Partners

Valuing the company at $3.5 billion, the Chennai-based customer engagement software company, Freshworks, has secured $150 million in new round funding from its existing investors, the reports said. A report published citing to the sources in MoneyControl, an India-based business news site, said: “The new round funding was closed on Friday, saw the participation of its existing investors like Google, Sequoia, and Accel Partners.” “This is a pre-IPO round, where the company wants to put the benchmark to what its shares

Aviso appoints two new executives, Opens new offices in India

With an attempt to strengthen the presence in India’s tech space, Redwood based AI-powered guided selling platform Aviso, has announced the appointment of two new executives for its newly opened offices in India.” The company, in its statement, said that “With the focus on expanding the engineering team, the company has appointed Manjunath Kashi as the India CTO, and Venkatesh Tekumala as India VP of engineering.” “The company which has acquired the offices in Hyderabad and Bangalore is also hiring a new product

Apple Pay faces heat in Europe, EU antitrust regulatory seeks for details

US tech giant, Apple Inc, faces another heat in Europe as the EU antitrust regulators have asked the online sales companies whether they have been told to use its mobile payment service instead of rival services. Quoting to the questionnaire sent in August, the Reuters reported that, “The European Commission said that it had information that Apple may have restricted the online payments for the purchase of goods and services made through merchant apps or website, which is a breach of EU antitrust rules.” “The

India to launch RuPay Card in the Gulf Kingdom, Signs MoU with Saudi Arabia

The Government of India has signed the agreement with Saudi Arabia to launch its domestic card ‘RuPay Card’ in the country, the officials said on Tuesday. In a statement issued by the government, the officials said that “The MoU to launch the RuPay cards in Saudi Arabia, was signed during the PM Narendra Modi’s visit.” “There are more than 2.6 million Indians who are currently working in Saudi Arabia, and over two lakh Haj pilgrims and over three hundred thousand Umrah pilgrims from India visit Saudi Arabia every

Snapdeal launches dedicated dhanteras e-store

India's largest third-largest e-commerce giant Snapdeal has announced the launch of dedicated dhanteras e-store to provide popular items during the festive season on its platform. Speaking on the e-store launch, the company said that, "The e-store will allow the buyers to buy utensils, gold, and silver jewelry, gold coins, gemstone, pooja items including the items like home decor and brooms on its platform." "In addition to the purchase, the store will also provide a heavy discount on the products where buyers can

Yandex launches AR short video App ‘Sloy,’ for fashion and lifestyle bloggers and brands

In an attempt to engage the local audience and bloggers, Russian search engine giant Yandex has announced the launch of ‘Sloy,’ an Augmented Reality-based short video app for fashion and style bloggers and users. Sloy, which is also known as ‘layer’ in Russian, will use machine learning technology to allow its users to create 90 seconds videos in genre from fashion to unboxing and to let peoples and brands by choosing them from their personalized recommended content feed. The app will also provide video editing tools,