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Google India, SEA VP Rajan Anandan quits, to join Sequoia Capital

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Rajan Anandan, Google South East Asia and India Vice President, will leave the firm at the end of April. Vikas Agnihotri, country director, sales, will replace Anandan in the interim for Google India.

Anandan had been associated with Google for about eight years. He is credited for pushing Google’s efforts to personalize its services for India.

Before Google, Anandan was Managing Director at Microsoft India between September 2008 and August 2010. Earlier, he worked with Dell India as Vice President and Country General Manager.

“We are grateful to Rajan for his huge contribution to Google over the past eight years. His entrepreneurial zeal and leadership has helped grow the overall internet ecosystem in India and Southeast Asia, and we wish him all the best in his new adventures,” said Scott Beaumont, President, Google Asia Pacific in a statement.

According to an entrackr report, Anandan will join Sequoia Capital as Managing Director.

“We are thrilled to welcome Rajan Anandan to Sequoia Capital India as a Managing Director. He will join the leadership team at the firm, in addition to the six current Managing Directors, where he will focus on developing Surge into the world’s top scale-up program for startups by acting as an investment advisor and mentor to the program’s founders,”?wrote Sequoia’s Shailendra J Singh in a LinkedIn post.

“Surge aims to engineer rapid early progress for startups, by enabling disproportionate access to capital, talent, network and decades of company-building knowledge. Rajan’s deep understanding of technology, significant operating expertise and track record of growing tech businesses across the region will help Surge founders scale and build the transformational businesses of tomorrow,” he added.

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Govt blocks several social media handles circulating fake, inciting content

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In the midst of the enormous lockdown on contemptuous posts, sources said that the hostile substance actioned related to the counterfeit video of a cupboard instructions, an enlivened phony video showing viciousness against the Prime Minister, and disparaging posts focusing on Hindu ladies transferred via web-based media handles.

The public authority has hindered a few web-based media handles that were coursing “counterfeit and affecting” content on Twitter, YouTube, and Facebook, Minister of State for IT Minister Rajeev Chandrasekhar said on Saturday.

Proprietors of these records are being recognized for activity under the law, he added.

“Taskforce on Safe and Trusted Internet at @GoI_MeitY at work. Handles that attempted to push counterfeit/inducing content on twitter, youtube, fb, insta have been impeded,” Chandrasekhar Tweeted on Saturday.

The pastor said proprietors of such records are being distinguished for activity under the law, and declared that stages will be investigated on their due steadiness.

On Friday evening, the pastor had reacted to a tweet that encouraged him to make a move against the “makers of an exceptionally fierce video that includes the PM”, which “has been in the public area since December 2020”.

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PhonePe will now charge upto Rs 2 per transaction for mobile recharges

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Walmart-owned digital payments app PhonePe will now charge processing fees for every transaction. This means that you will no longer be able to transfer money or recharge your phone without shelling out a little extra money for every transaction. The company has said that it would charge fees in the range of Re 1 to Rs 2 per transaction for mobile recharges for value above Rs 50. PhonePe is the first payments’ app to have started charging for UPI-based transactions

“On recharges, we are running a very small-scale experiment where a few users are paying for mobile recharges. Recharges below Rs 50 are not charged, recharges between Rs 50 and Rs 100 are charged Re 1 and above Rs 100 are charged Rs 2. Essentially, as a part of the experiment, a majority of users are either not paying anything or paying Re 1,” a PhonePe spokesperson told PTI.

PhonePe s charging processing fees for UPI-based transactions for value above Rs 50. If you don’t spend upto Rs 50, you will not be charged any amount by the digital app. Like other payments apps, PhonePe will also begin charging processing fees for payments made through credit cards. PhonePe is one of the most popular, widely-used payments app in India along with Paytm and Google Pay. It has recorded over 165-crore UPI transactions on its platform in September, clocking over 40 per cent share among the app segment, the PTI report stated.

“We are not the only player or payment platform charging a fee. Charging a small fee on bill payments is now a standard industry practice and is done by other biller websites and payment platforms also. We charge a processing fee (called a convenience fee on other platforms) on payments with credit cards only,” the spokesperson added.

For the unversed, just like Paytm and Google Pay, PhonePe can be used to transfer money with BHIM UPI, manage multiple bank accounts, check account balance, save beneficiaries across multiple bank accounts like SBI, HDFC, ICICI & 140+ banks. Recharge prepaid mobile numbers like Jio, Vodafone, Idea, Airtel etc, recharge DTH like Tata Sky, Airtel Direct, Sun Direct, Videocon etc, pay various bills and more. You can also buy or renew insurance policies using PhonePe.

Source : IndiaToday

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Bitcoin crosses $59,000 after sharp rally, Ether up nearly 5%

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Cryptocurrency prices were mixed on Friday with Bitcoin and Ether witnessing gains while Stellar and Dogecoin were trading weaker. Check the latest cryptocurrency prices and trends.

Cryptocurrency prices were mixed on Friday with Bitcoin and Ether witnessing gains while Stellar and Dogecoin were trading weaker.

Bitcoin hit a six-month high on October 15, as it rose nearly 3 per cent and was trading at $59,694.

The world’s largest cryptocurrency is approaching April’s record high of $64,895.

The most popular altcoin, Ether, was trading at $3,827 or more than 5 per cent higher.

The global cryptocurrency market cap is $2.43 trillion, a 1.93 per cent increase in the past 24 hours.

Meanwhile, the total crypto market volume over the last 24 hours is $102.5 billion, a decline of 11.63 per cent.

Here are the latest prices and trends of popular cryptocurrencies:

Cryptocurrency Price (US Dollar) 24-hour change Market cap Volume (24 Hours)
Bitcoin 59,694.90 3.44% $1.12 trillion $1.56 billion
Ether 3,827.94 5.51% $449.38 billion $1.28 billion
Dogecoin 0.232463 -1.44% $30.58 billion $1.22 billion
Litecoin 183.76 2.37% $12.63 billion $118.28 million
XRP 1.14 0.57% $114.17 billion $4.77 billion
Cardano 2.19 0.67% $71.17 billion $190.15 million

DISCLAIMER: The cryptocurrency prices have been updated as of 12:30 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.

 

Source : IndiaToday

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