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PhonePe acquires homegrown Indus App Bazaar for Rs 438 cr


PhonePe acquires homegrown Indus App Bazaar for Rs 438 cr
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PhonePe now has 250 million users in India. Image Source: IANS News
New Delhi, May 19 : Walmart-owned digital payments provider PhonePe has acquired homegrown Android app store Indus App Bazaar for $60 million (roughly Rs 438 crore), reliable industry sources told IANS on Wednesday.
The move, sources said, will strengthen PhonePe's 'Switch' app that aggregates several useful apps at one place.
Both the companies were yet to release an official statement.
PhonePe launched the Switch platform in 2018 and today, its customers can place orders on over 300 apps including Ola, Swiggy, Myntra, IRCTC, Goibibo, RedBus etc. directly from within the PhonePe mobile app.

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Welcome To IANS Live - SCIENCE - PhonePe acquires homegrown Indus App Bazaar for Rs 438 cr


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New Delhi, May 19 (IANS) Walmart-owned digital payments provider PhonePe has acquired homegrown Android app store Indus App Bazaar for $60 million (roughly Rs 438 crore), reliable industry sources told IANS on Wednesday.
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Update: 19-May-2021

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PhonePe to acquire Indus OS in all-cash deal worth $60 m - The Hindu BusinessLine


PhonePe to acquire Indus OS in all-cash deal worth $60 m
May 19, 2021
The digital payment service PhonePe   -  Bloomberg×
This is the digital payment platform’s second acquisition after Zopper Retail
Walmart-owned digital payments platform Phone Pe is in the final stages of talks to acquire Indus OS, a made-in-India content and app discovery platform, in an all-cash deal worth $60 million. The acquisition is scheduled to be completed in the next few weeks and is PhonePe’s second acquisition after Zopper Retail which it acqui-hired in 2018.
The acquisition is expected to fuel PhonePe’s super app ambitions. Currently, PhonePe ‘Switch’ that aggregates over 400 apps across verticals including food, grocery, shopping, travel apps within its own app, does away with the need to download apps individually. Users can log into these apps without downloading them with a single tap.

India , Sudhir-bangarambandi , Rakesh-deshmukh , Akash-dongre , Omidyar-network , Zopper-retail , Indus-app-bazaar , Indus-app , Samsung-galaxy , Phonepe-indus , Samsung-venture , Phonepe

Indus App Bazaar curates apps on its store to keep people informed about the COVID situation


Indus App Bazaar curates apps on its store to keep people informed about the COVID situation
Indus App Bazaar curates apps on its store to keep people informed about the COVID situation
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Indus App Bazaar announced that it has curated a special category of featured apps under ‘COVID-19 Resources’ to equip people with the right information around solutions to tackle the ongoing pandemic. The category includes apps like 1 mg, Practo, BigBasket, Country Delight, Bajaj Finserv Health, and Paytm, to name a few.
 
Amid this global upheaval, people constantly lookout for solutions around health, finance, and essentials – the three key elements for sustenance. And the curated apps are shown for the exact same purpose. 

India , Suniva-rawat , Bajaj-finserv-health , Indus-app-bazaar , App-bazaar , Country-delight , இந்தியா , பஜாஜ்-பின்செருவ்-ஆரோக்கியம் , இஂடஸ்-செயலி-பஜார் , செயலி-பஜார் , நாடு-மகிழ்ச்சி ,

Indus App Bazaar April monthly collection brings 'Stay At Home' apps


Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps
Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps
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Indus App Bazaar has come out with a new collection of apps to help users stay informed and entertained at home. Themed around ‘Stay at Home’, the new pool of content includes apps across various categories like apps providing verified Covid-19 information, shopping  entertainment, education, delivery, games, news, fitness, and payment.
 
This is an attempt by Indus App Bazaar to keep consumers informed, entertained, and safe at home during the on-going pandemic. There are 80 applications in the Stay At Home April collection that users would be able to access in 12 Indian languages along with English.

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Union Budget 2021: Here's how Indian tech industry reacted


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Union Budget 2021: Here's how Indian tech industry reacted 
Union Budget 2021: Finance Minister Nirmala Sitharaman today announced the Budget 2021 that will be applicable for the upcoming fiscal year starting April, 2021. Here's how the tech industry reacted:
Ketan Patel, Managing Director, HP India Market, said, "Today’s budget announcement confirms government’s focus on developing infrastructure and skills which will have short and long term benefits to Indian economy & people. From a technology point of view, the incentives for creating digital infrastructure, education and skilling spells out the government’s intent on developing the country’s human capital. Steps like international collaboration to develop new skills will help Indian youth prepare for modern job requirements and make them global-ready."

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IT Firms Budget 2021: Indian IT firms set to gain from Digital Census 2021, MCA 21 3.0


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The big-ticket project is currently run by
Infosys Ltd. and is expected to come up for renewal in July 2021. It was handed to Infosys from TCS in 2013. The second phase of MCA 21 had a total project outlay of Rs 357.81 crore.
With new digital capabilities to be added, the next version of the marque project is expected to garner more interest from foreign as well as Indian tech majors.
Sitharaman also said that the next general census in the country will be the first digital. This will mean a boost in business for both hardware companies, which will likely see a surge in sales of laptops, tablets, smartphones and printers, as well as software companies that will run and build the technology-enabled backend.

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What are the App Stores for Android beyond Google Play Store?

World over individuals, institutions, and Governments are more aware of the role that technology plays in their lives. One aspect that we tend to overlook with our smartphone usage is our choice of store for apps. In this article, we will provide options for Android users for other stores that ought to explore.

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