Salary Bubble

In today's ETtech Morning Dispatch newsletter: Indian tech salaries are shooting up to unprecedented levels, Catamaran Ventures may back Udaan, and ShareChat experiments with political ads.

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Tamil Nadu Elections 2021 | ShareChat experiments with political ads as AIADMK, DMK woo voters

ShareChat is currently running a pilot campaign with the AIADMK for the upcoming Tamil Nadu elections. DMK MLA Palanivel Thiagarajan has also used the platform for specific campaigns in his Madurai Central constituency.

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NR Narayana Murthy’s Catamaran Ventures in talks to pick up stake in Udaan

A minority stake in Udaan will give NR Narayana Murthy’s Catamaran Ventures a foothold in India’s B2B e-commerce space dominated by IndiaMart, JioMart, Amazon Business and Flipkart. It is currently a majority shareholder in Cloudtail, the biggest seller on Amazon India.

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Startup salaries swell amid pandemic-induced funding boom

Engineers, data analysts, developers and product managers with three-to-seven years experience are being hired at 50% higher salaries by startups flush with funding.

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Neobank StashFin gets $40 million in Series B funding round

Stashfin plans to use the funds to grow its lending portfolio in India, as well as provide neobanking solutions to businesses across South Asia, Founder CEO Tushar Aggarwal says.

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PUBG Lite Is Going Dark, to End Service and Player Support by May 29

PUBG Lite is shutting down service on April 29, and the player support will no longer be available from May 29, Krafton has announced. Those who have the game installed in their systems will be able to continue to play the game. The lite.pubg.com webpage was closed on March 30.

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Google Cancels April Fools Pranks a Second Time, Due to COVID-19 Crisis

Google sent out an email to managers in March itself asking them to hold on to the pranks this year as well. The tech giant cancelled April Fool’s day pranks last year as well due to the hardships caused by the coronavirus pandemic, and it decided to repeat the same this year as the crisis is far from its end.

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