06 Sep 2019

Startup NEWS, Sep 6, 2019

1. Google adds UPI as a new payment option on Play Store 

  • The addition of UPI as a payment option on the Google Play Store will allow more people to use premium apps, games, and in-app content.
  • This will help developers and creators reach a wider audience for their apps and content.

Source: ET

2.Digital identity verification firms are seeing higher demand as businesses rule out physical interaction with users

  • Various new-age security mechanisms such as One-Time Password (OTP), fingerprint, iris scan, and facial recognition fall under the ambit of identity technology.
  • Companies are also using digital ID verification to mark attendance of employees, replacing old school paper or plastic ID cards

Source: ET

3. UberEats to ride with its main app in India 

  • Uber has started testing a new super-app interface in India that integrates food delivery and ride-hailing, multiple people familiar with the matter said. This will give customers an option to pick Rides or Eats with equal visibility — a prominent way to direct a rides customer to order food.
  • The move also indicates that the company plans to actively cross-sell different properties, beginning with nudging its riders to also become eaters.

Source: ET

  • significant factor for a handsome uptick in Walmart’s surging share prices, the latest Morgan Stanley report said. In a bull case, PhonePe could be worth as much as $20 billion, said the report.
  • Due to the growing potential of PhonePe beyond just payments, Walmart’s share prices could go up to $125 in the base case and $165 in bull case, the report added. This comes at a time when Walmart shares have hit an all-time high of almost $118 in the US on Thursday.

Source: ET

  • UCWeb is looking to partner with e-commerce firms such as Flipkart and Paytm Mall for the service, said Huaiyuan Yang, vice president of UCWeb Global Business.
  • The Chinese firm is expected to launch the service within this year, said Huaiyuan Yang, vice president of UCWeb Global Business.

Source: ET

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Philomathes (pronounced as fillo-MAY-thus) is a fictional character at VAYUZ (https://www.vayuz.com), who is on a never ending journey called “LEARNING”. In a way, Philomathes embodies VAYUZ - Way of life, which is if you are not learning then you are not breathing. The word Philomathes, comes from the Greek roots philo and philein meaning "to love" and the Greek roots mathos (MAH-thos) and mathesis (muh-THAYSIS) meaning “learning”. Philomathes through his Blogs and Vlogs (Video Blogs) will share his experience, learnings and thoughts. In his tryst to learn and understand, he would also seek answers to questions. So if you would like to join him in this incredible journey called “ life” then feel free to write to him on philomathes.jigyasu@vayuz.com. Always remember, knowledge is all around us, we just need to keep our guards down and senses on.

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