You are currently viewing Startup news and updates: daily roundup (March 31, 2023)

Startup news and updates: daily roundup (March 31, 2023)


Koo offers free lifetime verification for notable personalities

Indian microblogging app Koo will provide free lifetime verification to all notable personalities who qualify.

The free lifetime verification will be available to all notable personalities and creators across the world, enabling them to build trust with followers, protect their reputation, and avoid impersonation on the platform, said Koo. This announcement comes amid Twitter’s own policy changes regarding verification, after which users are expected to get a verified ‘check mark’ on their profile.

“We are a merit-based platform and take pride in our platform’s transparent methodology that recognises and celebrates eminence without a price tag. The Koo Eminence Tick is a prestigious symbol that cannot be bought and we are committed to safeguarding this digital right for all notable personalities,” said Mayank Bidawatka, Co-founder of Koo.

Dream 11 announces IPL contest with Rs 50-Cr prize pool

Dream 11, a fantasy sports platform, has launched this season’s Indian Premier League themed competition with Rs 50 crore in guaranteed prizes.

CEO Harsh Jain announced the cash prize on Twitter and mentioned that half of the slots to participate in the competition have already been filled, with only a day to go before the contest begins.

The highest-ranking player will get Rs 1.5 crore in cash and an Audi car. So far, more than 13 million slots have been occupied, and each slot costs Rs 25 after a 50% discount.

Former RBI and SBI executives join slice as independent board director and advisor

Fintech firm slice has announced the appointment of Eugene Karthak as an independent board director and S Vishvanathan as advisor.

Eugene Karthak, who served as the Executive Director of the Reserve Bank of India, brings with him over 30 years of experience in various domains such as banking regulation, supervision, financial inclusion, information technology, and currency management. Karthak is presently the Director of the Indian Institute of Bank Management, an esteemed training institution for bankers. In his new role at slice, he will focus on delivering strategic guidance and fostering sound corporate governance practices.

S Vishvanathan, a banking and finance veteran with 37 years of experience, will guide strategic decision-making at slice. He has previously served as State Bank of India’s Managing Director and Director on the Central Board. Earlier, he was Managing Director and CEO of SBI Capital Markets Limited. Vishvanathan will be forging a strategic roadmap for the fintech company and the ecosystem, recognising the importance of collaboration between banks and fintech firms in the future of financial services.

(The story will be updated throughout the day with the latest news.)


Edited by Kanishk Singh



Source link

Leave a Reply