“The plan to rely on word-of-mouth & have a single offering for all customers had benefits that we never thought of at the start. Economies of scale kicked in not just in tech but across support & ops—the team size has remained the same as we went from 20lk to 1cr clients,” Kamath said on Twitter.
from Tech-Economic Times https://ift.tt/lQt4eJI
Social commerce startup Meesho shutters Superstore grocery business in India, 300 'lose' jobs
Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of cities in India (except Nagpur and Mysuru), resulting in several job losses.from Tech-Economic Times https://ift.tt/s8nVQ3e
Twitter’s terrible week
The most explosive allegation, however, was the Indian government forced Twitter to put a government agent on the payroll, and that this agent would have had access to sensitive user data because of Twitter's weak security infrastructure.from Tech-Economic Times https://ift.tt/BWcKAyi
Elon Musk's SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage
Elon Musk's SpaceX has launched nearly 3,000 low-Earth-orbiting Starlink satellites since 2019.from Tech-Economic Times https://ift.tt/0Oj6Kor
Jack Dorsey's Block ends Afterpay smartphone tie-up with Australia's Westpac
Jack Dorsey's Block acquired Afterpay in a $29 billion deal earlier this year.from Tech-Economic Times https://ift.tt/8te2mib
Jack Dorsey says his biggest regret is Twitter became a company
Jack Dorsey said that it should be "a protocol" and that Twitter should not be owned by a state or another company.from Tech-Economic Times https://ift.tt/7WjZT5o
ED raids CoinSwitch Kuber; car makers scramble for EV talent
CoinSwitch, which is backed by the likes of Andreessen Horowitz and Sequoia Capital India, has over 18 million registered users. According to its website, crypto worth over Rs 1 lakh crore has been traded on its platform.from Tech-Economic Times https://ift.tt/w0HpGbU
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