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Paytm to raise $300-500 million for local e-comm, Renu Satti steps down to be new retail COO

July 28, 2018
Paytm to raise $300-500 million for local e-comm, Renu Satti steps down to be new retail COO
Paytm to raise $300-500 million for local e-comm, Renu Satti steps down to be new retail COO


Paytm to raise $300-500 million for local e-comm, Renu Satti steps down to be new retail COO

BENGALURU/MUMBAI: Paytm’s parent One97 Communications is raising $300-500 million to push its onlineto-offline (O2O) retail business and get customers to use its platform for making payments, people familiar with the matter said. Renu Satti, who was heading Paytm’s Payments Bank, has stepped down from her current role and will take on the COO’s mantle at New Retail, as the vertical is being 
called.


Paytm is currently in talks with US-based investors as well as its existing shareholder — SoftBank — for the latest funding, which is likely to value the digital payments firm at about $10 billion, the sources said. The new financing will be directed towards the hyperlocal O2O business, which aims to shore up footfalls for offline stores by offering deals and discounts through Paytm’s app. Shoppers will pay through QR codes in these stores, thereby increasing transaction numbers for the digital payments player. For now, merchants won’t be charged a commission by Paytm. They will, however, have to pay a fee for logistics and marketing costs.

 Paytm has diversified into movie & events ticketing and hotel bookings, among others, to grow transactions. Paytm founder & CEO Vijay Shekhar Sharma said, “Paytm wants to enable same-city commerce and help restaurants, grocery stores and pharmacies grow their walk-ins through offers and deals. We have already tied up with 4,500-5,000 merchants.”




Paytm Mall, which has also deployed the O2O commerce model, will remain separate and target a different sort of use case. While Paytm’s New Retail is retailing food, groceries and medicines, which are immediate needs, Paytm Mall’s O2O model has centred around tie-ups with brand stores for facilitating deliveries.




New Retail won’t have any warehouses unlike how the supply chain works for horizontal marketplaces like Paytm Mall. Modelled on China’s Meituan-Dianping, a group-buying website for local consumer products and retail services, Paytm wants to focus on in-store commerce through New Retail. Paytm claims it’s on a run-rate of 5 billion transactions and $50-billion gross transaction value.
Paytm to raise $300-500 million for local e-comm, Renu Satti steps down to be new retail COO Paytm to raise $300-500 million for local e-comm, Renu Satti steps down to be new retail COO Reviewed by World Public on July 28, 2018 Rating: 5

Use your voice to get favourite app from Apple Store

July 28, 2018

Use your voice to get favourite app from Apple Store

Apple
Apple

San Francisco, Apple has updated its app store to version 5.1 with voice support and a revamped search interface which, much like the App Store and iTunes Store, will now highlight the trending searches.

The update will allow users to tap the microphone icon along the search bar to dictate their search details instead of typing.

The search results page has been revamped as well, featuring a new card-based interface that would smoothen sorting through the results, 9to5Mac reported late on Friday.


"Search has been updated with an enhanced design. And it's now powered with speech recognition technology for better search results. With a fresh look and the addition of speech recognition technology, it's never been easier to find products, stores, sessions, and more," said Apple, describing its new app search look.


Additionally, Apple has also made updates to its Worldwide Developers Conference (WWDC) app for iOS, promising bug fixes and performance improvements.


"This update includes bug fixes and improvements in several areas, including accessibility, stability, and video downloads. In addition, videos can be viewed by collection and platform on tvOS," Apple wrote in its update notes.


The WWDC and Apple Store applications are available for free on the App Store for iOS users.
Use your voice to get favourite app from Apple Store Use your voice to get favourite app from Apple Store Reviewed by World Public on July 28, 2018 Rating: 5

What Jio Monsoon Exchange Offer Means For You: JioPhone Effective Price Of Rs. 501 Explained

July 27, 2018
What Jio Monsoon Exchange Offer Means For You: JioPhone Effective Price Of Rs. 501 Explained
Jio New Offer
Jio New Offer

Reliance Jio recently announced a new scheme called 'JioPhone Monsoon Hungama'. As part of this scheme, Reliance Jio is offering users of 2G and 3G mobile phones to exchange their existing device - which needs to be in working condition - to get a JioPhone by paying an amount of Rs. 501, according to the telecom company's website - jio.com. Without the exchange offer, the JioPhone device is available at Rs. 1,500, according to Reliance Jio. Reliance Jio launched JioPhone, a 4G-enabled feature phone, in 2017. Here's what Reliance Jio's latest offer on its phone - the JioPhone - means for the consumer.

Jio Phone Monsoon Hungama

Jio Monsoon Hungama Offer
Jio Monsoon Hungama Offer

What Reliance Jio Rs. 501 exchange offer means for you
Under the Monsoon Hungama exchange offer, Reliance Jio's JioPhone device will be available to customers at an effective price of Rs. 501, according to a statement by the company. The amount of Rs. 501, paid by the customer to exchange a 2G/3G device in working condition for a JioPhone, is a security deposit that is refundable, according to Reliance Jio. At the end of three years, the telecom company has said it will refund the 100 per cent security deposit "thereby making the JioPhone effectively FREE".
How to avail Reliance Jio Rs. 501 exchange offer
The Monsoon Hungama exchange offer can be availed instantly at Reliance Jio retail stores. The exchange is applicable on "old 2G/3G/4G (non-VOLTE)" phones, according to Jio. The customer is also required to submit a charger along with the existing device.
Jio New Offer
Jio New Offer

Reliance Jio SIM
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Customers purchasing the JioPhone device - either by paying the amount of Rs. 1,500 or by paying Rs. 501 as part of the exchange offer - will get a new SIM along. The customer can also retain his or her existing mobile number by opting for a mobile number portability (MNP) service. The customer can avail the Reliance Jio Monsoon Hungama exchange offer after completion of the MNP process, the company explained.


What Jio Monsoon Exchange Offer Means For You: JioPhone Effective Price Of Rs. 501 Explained What Jio Monsoon Exchange Offer Means For You: JioPhone Effective Price Of Rs. 501 Explained Reviewed by World Public on July 27, 2018 Rating: 5

Jio set top box launched in market, All channel free for one year

July 26, 2018
                                                       Source

 There have been reports from India for a long time that Jio is going to start its Dish service soon and the set top box has started selling in the market. There is a Jio logo on this set box, but this is not a Jio set box But all the channels in this set top box are running free and there are many hi tech features in this set top box.
                                                        Source

 DTH Settop Box Maker Companies are using name of Jio to sell their settop box and these fake companies are putting a Jio logo on their box, so people feel this set top box of Jio will be launched in the market. But this set top box work on DD free dish and there is no paid channel on it.
                                                          Source

 If you see a set top box in the market which has Jio logo, do not buy the set top box as a product of Jio because it's not a Jio box. It is just a DD Free Dish Set top box and it has nothing to do with Jio.
>
Source
Jio set top box launched in market, All channel free for one year Jio set top box launched in market, All channel free for one year Reviewed by World Public on July 26, 2018 Rating: 5

World’s smallest phone launched in India,you will be surprised to know the price

July 25, 2018

Meet Zanco Tiny t1, the world’s smallest phone priced at Rs 2500


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Tiny t1 Zanco claims to be the “world’s smallest phone” that’s not just a souvenir. And please don’t think it as a prototype. The phone is fully functional and supports calls and text.




In recent times, screen sizes of smartphones have gotten bigger and bigger. But, there was a time when 3-inch and 4-inch display phones were also in trend. At a time when the screen size of the phones are increasing users are finding it hard to accommodate them. To solve this problem, a UK-based company is trying to solve the problem with the world’s smallest phone. Yes, you read it right. Tiny t1 Zanco claims to be the “world’s smallest phone” that’s not just a souvenir. And please don’t think it as a prototype. The phone is fully functional and supports calls and text. Tiny t1 has a tiny 0.49-inch OLED display with 64×32 pixels resolution. The phone is powered by a 200mAh battery and it can very well run for three days on standby and 180 minutes talk time and a generous 32GB onboard storage.
The backlit T9 physical keyboard with a nano-SIM card slot, is Bluetooth supported and a micro USB slot for charging are the features in the tiny handset. But it is not the mere features of the phone that you should be looking at.

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The makers believe, that Tiny t1 is a perfect phone for the joggers, runners, walkers and cyclists as it can go in any-size pocket.
Tiny T1 is priced at $40 (Rs 2,500 approx) and will be available for shipment anywhere in the world by May 2018, provided the campaign reaches its goal of $33,480 by January 19, 2018. The UK-based company is running a Kickstarter campaign for the phone. As per IBT report, the company has already reached $29,096.

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Zanco Tiny t1’s arrival wins the “world’s smallest phone” title from Elari NanoPhone C, which was launched in India for Rs. 3,490 in July. The handset was merely the size of a credit card with an interesting design and bundle of features.

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World’s smallest phone launched in India,you will be surprised to know the price World’s smallest phone launched in India,you will be surprised to know the price Reviewed by World Public on July 25, 2018 Rating: 5

RELIANCE JIO MONSOON HUNGAMA OFFER: JIOPHONE AVAILABLE AT RS 501 ON EXCHANGE

July 20, 2018
Reliance Jio has kicked off its JioPhone Monsoon Hungama offer, which, brings some cash back and exchange offers for the JioPhone.
Under the offer, you can basically get a new JioPhone for Rs 501, if you exchange an old feature phone for it. The Rs 501 that you pay up front is a refundable security deposit that you can claim three years after the purchase. However, since there are no free lunches, here are a few things you should know before head to claim the offer.

To begin with, to be eligible for the exchange offer, you need to take an old feature phone to the retailers, which is in a working condition and must be purchased after 1 January 2015. It can be any of your old 2G/3G/4G (non-VOLTE) feature phones. And it must necessarily be accompanied with a charger and a battery.



Once the retailer passes your old phone to be eligible for the offer, you need to get a Rs 594 recharge done on the device to activate the entire deal. In this Rs 594, you will get unlimited voice and data for the next six months. There is also a special exchange bonus of 6 GB data, which means, with the 84 GB data already on offer in the Rs 594 plan, the exchange bonus takes up the total data you get to 90 GB for six months.
Another condition that comes here is that when you get the JioPhone, you will also need to get a new Jio SIM. Even if you are an existing Jio subscriber, you can’t just replace your old SIM to the new JioPhone. You need to start with a new SIM on the new JioPhone with a recharge of Rs 594.
In case you have a number from some other network operator and wish to retain your old number, you will need to have your number ported to Jio first, and then you can go for the Monsoon Dhamaka offer.
In addition to that, till now there were two JioPhone plans, that is Rs 49 and Rs 153. With the Monsoon Dhamaka offer, Jio has also added a Rs 99 plan, which offers unlimited free voice and 0.5 GB data per day and 300 SMS, for a validity of 28 days.
For users who do not want to go for the exchange offer, they can buy the JioPhone at the old Rs 1,500 offer, which will be essentially a deposit, that will be refunded to users after three years of the phone’s purchase. In Rs 1,500 offer, however, users will not be able to avail the Rs 99 recharge plan.
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd which publishes First
RELIANCE JIO MONSOON HUNGAMA OFFER: JIOPHONE AVAILABLE AT RS 501 ON EXCHANGE RELIANCE JIO MONSOON HUNGAMA OFFER: JIOPHONE AVAILABLE AT RS 501 ON EXCHANGE Reviewed by World Public on July 20, 2018 Rating: 5

Jio Rs.99 Recharge With 500MB Data per Day Launched Exclusively for Jio Phone Users

July 20, 2018

Jio has launched a new Jio Phone recharge that offers customers 500MB data per day for 28 days. This new Jio recharge is in addition to the existing Rs. 49 and Rs. 153 packs for the company's 4G feature phone, and has been launched alongside the new Jio Phone Monsoon Hungama exchange offer. The new Rs. 99 Jio Phone recharge will reduce users' monthly spends straight away by nearly 50 percent, the company claims. There's also a Rs. 594 recharge that provides users with unlimited data for a period of six months.
The new Rs. 99 Jio recharge seems to be aimed at consumers who find the 1GB data per day bundled with the Rs. 49 pack insufficient but do not consume 1GB per day either (under the Rs. 153 pack). Along with the bundled 500MB data per day, it will give customers 300 SMS messages for the 28-day validity period. As usual with Jio plans, voice calls are free.
As for the Rs. 594 Jio Phone recharge, the validity period is 6 months and customers can consume unlimited voice and data, the company says. There are no bundled text messages with this pack.
Under the new Monsoon Hungama offer, customers can get the Jio Phone for a refundable deposit of Rs. 501 starting today upon exchanging a feature phone. The feature phone needs to be in working condition and less than three years old to be eligible for this Jio exchange offer. Those who avail the handset under this offer will also get 6GB of complimentary data, which the company says is worth Rs. 101. Customers will receive a new Jio SIM with the handset opting under the new offer, though they can opt for Mobile Number Portability (MNP) to retain their existing number. https://csl.ink/43xQ
Jio Rs.99 Recharge With 500MB Data per Day Launched Exclusively for Jio Phone Users Jio Rs.99 Recharge With 500MB Data per Day Launched Exclusively for Jio Phone Users Reviewed by World Public on July 20, 2018 Rating: 5
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