<ul><li>The Indian smartwatch market remained flat in <keyword id="21174432" type="General" weightage="20" keywordseo="Q1-2024" source="keywords">Q1 2024</keyword>, recording a 0.3% increase.</li><li>This is the first quarter in which the Indian smartwatch market has stagnated.</li><li>The Indian smartwatch market is expected to decline double in 2024.</li></ul> The <keyword id="21971215" type="General" weightage="100" keywordseo="Indian-smartwatch-shipments" source="keywords">Indian smartwatch shipments</keyword> remained flat in Q1 2024, recording a 0.3% year-on-year increase, recording the market’s first-ever stagnation. The Indian smartwatch market has reported good growth over the past few years. According to a report by Counterpoint Research, the high growth over the past few years has been driven by high demand from the youth. The muted growth in Q1 2024 indicates a decline in replacement rates among early adopters of smartwatches. “The overall market, which has been registering double- and triple-digit growth over the last couple of years, remained flat in Q1 2024 as some top brands faced difficulties in clearing their existing stocks. Consumers are not warming up to buy a new smartwatch or replace an existing one due to low differentiation in terms of features and limited innovation in the market,” said Anshika Jain, Senior Research Analyst, Counterpoint Research. <cmsannotation type="cmsannotation" annotationid="Fire Boltt continues to lead the Indian market" comment="subhead" text="Fire Boltt continues to lead the Indian market"><keyword id="20503201" type="General" weightage="20" keywordseo="Fire-Boltt" source="keywords" meta.keywordsubtype="org" meta.entityname="Fire Boltt" meta.hostid="261" meta.entityid="Fire Boltt">Fire Boltt</keyword> continues to lead the Indian market</cmsannotation> Fire Boltt has emerged as the market leader despite a decline in shipments. The company recorded a 28% market share in Q1 2024, down from a 33% market share in Q1 2024. The company’s shipments have reported a 15% year-on-year decline in Q1 2024. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"><colgroup></colgroup><col /><col /><col /><tbody><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Q1 2024 </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Q1 2023 </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Fire Boltt </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">28% </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">33% </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Noise </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">24% </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">24% </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">boAt </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">15% </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">19% </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Titan </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">8% </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">4% </td></tr><tr><td style="border-left:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">beatXP </td><td style="border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">4% </td><td style="border-right:solid #000000 0.5008695000000001pt;border-bottom:solid #000000 0.5008695000000001pt;border-top:solid #000000 0.5008695000000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">2% </td></tr></tbody><tbody></tbody></table> Source: Counterpoint Research <keyword id="20109094" type="General" weightage="20" keywordseo="Noise" source="keywords" meta.keywordsubtype="org" meta.entityname="Noise" meta.hostid="261" meta.entityid="Noise">Noise</keyword> is in the second position with a 24% market share in Q1 2024, the same as last year, with a nominal 2% decline in shipments. <keyword id="20021343" type="General" weightage="20" keywordseo="boAt" source="keywords" meta.keywordsubtype="org" meta.entityname="boAt" meta.hostid="261" meta.entityid="boAt">boAt</keyword> reported a decline in its market share from 19% in Q1 2023 to 15% in Q1 2024. The company recorded the highest decline in shipments at 24% year-on-year. <keyword id="20007884" type="General" weightage="20" keywordseo="Titan" source="keywords" meta.keywordsubtype="org" meta.entityname="Titan" meta.hostid="261" meta.entityid="Titan">Titan</keyword>’s market share increased from 4% in Q1 2023 to 8% in Q1 2024, driven by a 113% increase in shipments. <keyword id="21185215" type="General" weightage="20" keywordseo="beatXP" source="keywords" meta.keywordsubtype="org" meta.entityname="beatXP" meta.hostid="261" meta.entityid="beatXP">beatXP</keyword>’s market share doubled from 2% in Q1 2023 to 4$ in Q1 2024, driven by a 123% year-on-year increase in shipments. <cmsannotation type="cmsannotation" annotationid="Analysts predict a double-digit decline in 2024" comment="subhead" text="Analysts predict a double-digit decline in 2024">Analysts predict a double-digit decline in 2024</cmsannotation> According to analysts, the year 2024 will record a double-digit decline in shipments in 2024. “The hyper-growth of smartwatches in the Indian market over the past few years has been primarily driven by its appeal as a low-cost fashion accessory. However, this initial growth phase is now cooling down as the initial excitement of the segment is tapering off. This is also reflected in the dwindling growth rates and a bleak outlook. The market is forecast to witness a double-digit percentage decline in 2024,” said Harshit Rastogi, Research Analyst, Counterpoint Research. 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Indian smartwatch shipments remain flat in Q1 2024, annual shipments expected to end in a decline

<ul><li><keyword id="20046237" type="General" weightage="20" keywordseo="equity" source="keywords">Equity</keyword> benchmark indices rebounded in early trade on Friday, after falling for the past five days, amid a rally in <keyword id="20155107" type="General" weightage="20" keywordseo="Asian-markets" source="keywords">Asian markets</keyword>.</li><li>The 30-share <keyword id="19895774" type="General" weightage="20" keywordseo="BSE" source="keywords" meta.keywordsubtype="org" meta.entityname="BSE" meta.hostid="261" meta.entityid="BSE">BSE</keyword> <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> climbed 550.22 points to 74,435.82 in early trade. The <keyword id="19950205" type="General" weightage="20" keywordseo="nse-nifty" source="keywords">NSE Nifty</keyword> went up by 147.15 points to 22,635.80.</li><li>In the five days of fall, the BSE benchmark tanked 1,532 points or 2%.</li></ul>Equity benchmark indices rebounded in early trade on Friday, after falling for the past five days, amid a rally in Asian <keyword id="19990226" type="General" weightage="20" keywordseo="markets" source="keywords">markets</keyword> along with buying in index majors <keyword id="19975888" type="General" weightage="20" keywordseo="Larsen-Toubro" source="keywords" meta.keywordsubtype="org" meta.entityname="Larsen &amp; Toubro" meta.hostid="261" meta.entityid="Larsen &amp; Toubro">Larsen &amp; Toubro</keyword> and <keyword id="19993913" type="General" weightage="20" keywordseo="Mahindra-Mahindra" source="keywords" meta.keywordsubtype="org" meta.entityname="Mahindra &amp; Mahindra" meta.hostid="261" meta.entityid="Mahindra &amp; Mahindra">Mahindra &amp; Mahindra</keyword>. The 30-share BSE Sensex climbed 550.22 points to 74,435.82 in early trade. The NSE Nifty went up by 147.15 points to 22,635.80. In the five days of fall, the BSE benchmark tanked 1,532 points or 2 per cent. From the Sensex basket, Larsen &amp; Toubro, Mahindra &amp; Mahindra, Bajaj Finance, UltraTech Cement, NTPC, IndusInd Bank, Tata Motors and Titan were the major gainers. Infosys, Bharti Airtel, Kotak Mahindra, Tata Consultancy Services and HCL Technologies were among the laggards. "The market is tantalisingly poised with the possibility of a sharp move based on the exit poll results tomorrow evening," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said, adding, "largecaps in financials, autos, capital goods and telecom have the potential to lead the rally." Vijayakumar further said that the latest macroeconomic data from the US showed the world's largest economy grew at slower than expected pace during January-March 2024. "This means the Fed may not delay rate cuts much longer. If this happens and the US bond yields start declining that can reverse the FII outflows," he added. The electioneering for of the ongoing general elections halted on Thursday ahead of the last phase of polling to be held on Friday. The results will be declared on June 4. In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were trading in the positive territory. Wall Street ended lower on Thursday. Global oil benchmark Brent crude went lower 0.34 per cent to USD 81.58 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,050.15 crore on Thursday, according to exchange data. Falling for the fifth day in a row, benchmark equity indices Sensex and Nifty tumbled nearly 1 per cent each on Thursday due to heavy sell-off in metal, consumer durables and select IT shares amid the monthly expiry of derivatives contracts. The 30-share BSE Sensex plunged by 617.30 points or 0.83 per cent to settle at 73,885.60 on Thursday. The index had been on a downtrend since May 23 when it closed at its lifetime high level. The NSE Nifty closed the Thursday's session 216.05 points or 0.95 per cent lower at 22,488.65. 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Markets rebound in early trade after five days of decline

Travel tech platform <keyword id="19901637" type="General" weightage="20" keywordseo="OYO" source="keywords">OYO</keyword> reported <keyword id="19910979" type="General" weightage="20" keywordseo="financial-year" source="keywords">financial year</keyword> 2023-24 as the maiden profitable fiscal with a net earning of nearly Rs 100 crore, founder <keyword id="20198157" type="General" weightage="20" keywordseo="Ritesh-Agarwal" source="keywords">Ritesh Agarwal</keyword> said on Thursday. In a post on social media platform X, Agarwal said he sees growth ahead "not just in India" but also in OYO's other key markets of Nordics, South East Asia, the US and UK. "While a delighted customer or a hotel partner brings the biggest smile on my face, our first cut financials of FY24 have me humbled as well," Agarwal shared. "We had our maiden net profitable financial year at nearly Rs 100 crore. This was our eighth consecutive quarter of a positive EBITDA and we also have a cash balance of around Rs 1,000 crore," he added. He further highlighted that global credit rating firm Fitch has also taken note of OYO's improved performance and strong cash flows, upgrading its credit rating. "I see growth ahead not just in India with emerging travel trends such as premiumization, spiritual travel, business travel and conferences, destination weddings but also in our other key markets of Nordics, South East Asia, US and UK. FY25 will clearly be even more exciting," the OYO founder stated. He added that these are provisional numbers, but the audited financials will likely be close to these. Earlier this week, Fitch Ratings announced it has upgraded the rating of OYO parent firm Oravel Stays, citing the hospitality company's improved financial profile. Fitch upgraded Oravel Stay's long-term foreign and local currency issuer default ratings to 'B' from 'B-' with a 'Stable' outlook, according to a statement. It also upgraded the rating on the company's USD 660-million senior secured term loan facility due 2026 to 'B' from 'B-'. In FY24, OYO added about 5,000 hotels and 6,000 homes globally. It also reported a PAT (Profit after Tax) of Rs 99.6 crore (USD 12 million) and an adjusted EBITDA of Rs 888 crore (USD 107 million) for the whole fiscal year, up from Rs 274 crore (USD 33 million) in FY23. EBITDA -- Earnings Before Interest, Taxes, Depreciation, and Amortization -- is an alternate way of calculating profitability to net income. SEE ALSO:<a href="https://www.businessinsider.in/india/news/lok-sabha-exit-poll-2024-what-are-they-when-will-they-be-announced-and-all-you-need-to-know/articleshow/110565608.cms" target="_blank"></a> <a href="https://www.businessinsider.in/india/news/lok-sabha-exit-poll-2024-what-are-they-when-will-they-be-announced-and-all-you-need-to-know/articleshow/110565608.cms" target="_blank">Lok Sabha Exit Poll 2024 – what are they, when will they be announced and all you need to know</a><a href="https://www.businessinsider.in/tech/apps/news/truecaller-can-now-detect-if-the-caller-is-using-ai-how-to-use-it-to-prevent-ai-call-scams/articleshow/110556100.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/apps/news/truecaller-can-now-detect-if-the-caller-is-using-ai-how-to-use-it-to-prevent-ai-call-scams/articleshow/110556100.cms" target="_blank">Truecaller can now detect if the caller is using AI – How to use it to prevent AI call scams</a><a href="https://www.businessinsider.in/sports/webstories/indias-t20-world-cup-team-matches-and-everything-you-need-to-know/slidelist/110551798.cms" target="_blank"></a> <a href="https://www.businessinsider.in/sports/webstories/indias-t20-world-cup-team-matches-and-everything-you-need-to-know/slidelist/110551798.cms" target="_blank">India’s T20 World Cup team, matches and everything you need to know</a>

At ₹100 crore, OYO posts FY24 as maiden profitable fiscal: Founder

Billionaire <keyword id="19916798" type="General" weightage="20" keywordseo="Mukesh-Ambani" source="keywords">Mukesh Ambani</keyword>'s Reliance Industries and <keyword id="19924335" type="General" weightage="20" keywordseo="Tata-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Group" meta.hostid="153" meta.entityid="Tata Group">Tata Group</keyword> have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list. TIME listed Reliance in the 'Titans' category (one of the five categories under which the companies were divided, other being Leaders, Disrupters, Innovators, and Pioneers). Tata was listed in 'Titan's' category while Serum under 'Pioneers'. "Reliance Industries was founded as a textile and polyester company 58 years ago by Dhirubhai Ambani. Today the sprawling conglomerate -- which has aligned its growth with Indian Prime Minister Narendra Modi's vision for a 'self-reliant' India -- is the country's most valuable company, with a market capitalisation of more than USD 200 billion," TIME said. Now led by Dhirubhai's son Mukesh, the Mumbai-based company has ventures in energy, retail, and telecommunications, among others, and has made its chairman Asia's richest man, it said. The publication went on to stated that in February, Reliance came out on top in a fiercely competitive race to dominate India's burgeoning streaming market by striking a USD 8.5 billion merger deal with Disney's India business. "The deal will bring together more than 100 television channels and give the combined group around a 31 per cent share of India's streaming market compared to rivals Netflix and Amazon Prime with 8 per cent each," according to analytics firm Comscore. Reliance has revolutionised several economic sectors in the world's most populous country by making world-class products and services available at affordable prices with multiple innovations. Under Mukesh Ambani, the firm's telecom arm Jio revolutionised India's digital landscape and drove digital inclusion on an unprecedented scale with the most affordable mobile data tariffs in the world. It set up the world's largest single location refining complex. Reliance Retail is ranked among the top 100 retailers globally and in FY24 it registered 1.06 billion footfalls across its 18,800+ stores (67 per cent of which are in small towns and villages). Reliance is investing USD 10 billion in building the most comprehensive ecosystem for new energy and new materials in India and has set an ambitious goal to reach net-zero carbon by 2035. TIME described Serum as the world's biggest vaccine maker, churning out billions of vaccines. The company makes 3.5 billion doses every year, including for measles, polio, and most recently, HPV. "Serum's CEO Adar Poonawalla says the company's success can largely be chalked up to its private ownership. Not being beholden to shareholders allows it to keep vaccine prices low (the R21 will cost USD 4 a shot)," the publication said. Tata Group, it said, was founded in 1868 and has a vast portfolio extending from steel, software, watches, subsea cables, and chemicals, to salt, grains, air-conditioners, fashion, and hotels. "But as rivals have aggressively courted new businesses, it struggled to keep up with stiff competition. In 2017, after over a century of family management, N Chandrasekaran took over as chairman despite having no personal ties to the family -- highly unusual when India's business landscape is ruled by family succession plans," TIME said. As chair, he has transformed the group by investing in tech manufacturing, AI, and semiconductor chips. In 2023, it became the first Indian company to assemble iPhones, and is building another plant, it said, adding that in September, Tata announced a partnership with Nvidia to develop an AI cloud in India. "And this year, it announced plans for the country's first major semiconductor manufacturing facility. The moves seem to be paying off: in February, Tata's combined market capitalisation reached a whopping USD 365 billion, more than the entire economy of India's neighbour and rival, Pakistan," it added. This is the fourth edition of annual TIME100 Most Influential Companies list, highlighting companies making an extraordinary impact around the world. To assemble the list, TIME solicited nominations across sectors, and polled its global network of contributors and correspondents, as well as outside experts. Then, TIME editors evaluated each on key factors, including impact, innovation, ambition, and success. The result is a diverse group of 100 businesses helping chart an essential path forward. 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Reliance, Tata on TIME's list of world's most influential companies

<ul><li>The most number of <keyword id="1968469" type="General" weightage="20" keywordseo="social-app" source="Orion">social app</keyword> downloads in the first half of 2021 were from India.</li><li>India also ranked second for the most hours spent in social apps just behind China.</li><li>The App Annie report shows how live streaming and short video content are leading the trends in social apps.</li></ul>India is currently the biggest market for social apps globally in terms of downloads, according to App Annie’s ‘Evolution of Social Apps’ <a href="https://infogram.com/1pmrg199wrmd76s3gpw7gr9w5dbz91z2x9d?live">report</a>. India also takes second place for the most hours spent in social apps. The report highlights how livestreaming is the latest trend in social media and shares statistics on which apps are doing the best and in which markets. According to the report, Asia accounted for the most number of downloads of social apps in the first half of 2021 dominating 60% of the overall market. India is far ahead in the race with over 1.5 billion downloads. It actually has been leading the race surpassing the US in 2018, the report added. Globally, 70 billion social apps have been downloaded to date since 2010. In the first half of 2021 alone, there were 4.7 billion downloads of social apps. This data has been calculated from the App Store and Google Play Store and for social, social networking and communication apps. <div type="image" title="social app downloads" msid="86003650" hostid="261" caption="&amp;lt;p&amp;gt;Countries with the highest number of social apps downloads in H1 2021.&amp;lt;/p&amp;gt;"></div> The most downloaded social and entertainment apps in India are <keyword id="9555198" type="General" weightage="20" keywordseo="mx-takatak" source="Orion">MX TakaTak</keyword>, <keyword id="819905" type="General" weightage="20" keywordseo="instagram" source="Orion">Instagram</keyword>, <keyword id="6393600" type="General" weightage="20" keywordseo="josh" source="Orion">Josh</keyword>, <keyword id="8678883" type="General" weightage="20" keywordseo="moj" source="Orion">Moj</keyword> and <keyword id="6358096" type="General" weightage="20" keywordseo="snapchat" source="Orion">Snapchat</keyword>. Among the top five apps, <a href="https://www.businessinsider.in/advertising/ad-tech/news/mx-takatak-moj-and-josh-are-the-three-most-downloaded-apps-in-india-in-the-last-quarter-sensor-tower/articleshow/81963654.cms">MX TakaTak, Josh and Moj </a>are TikTok-like short video apps. App Annie highlighted how apps like TikTok, MX TakaTak and Snapchat offering short video content and live streaming have dramatically increased. According to the report, there were 740 billion hours spent on social apps in the first half of this year. This accounted for 44% of the time spent on mobile globally. The report adds that there has been steady growth in the past three years. <div type="image" title="hours spent on apps" msid="86003668" hostid="261" caption="&amp;lt;p&amp;gt;Countries with the most number of hours spent in social apps.&amp;lt;/p&amp;gt;"></div> App Annie predicts that the total time spent in social apps with live streaming in focus is set to surpass half a trillion hours on Android phones alone. In India, people spent almost 160 billion hours on social apps this year on the Android platform. The top five apps that Indians are spending time on are YouTube, WhatsApp, Facebook, Instagram and Truecaller. YouTube continues to remain the leader not just in India but globally as well. App Annie credits the platform’s “depth and breadth of engagement” as the reasons behind it ranking first in streaming and video. But TikTok could soon emerge as the leader in this space as it has already crossed YouTube in terms of average time spent per user in the US and UK. In terms of consumer spending, the most popular apps in India are Hotstar, Chamet, Tango Live, Truecaller and ZEE5. Chamet is a one-on-one multiplayer video and voice chat app that lets you connect with people from around the world. Tango Live is a social live streaming app where people get paid for hosting live videos. India, however, is not among the top countries when it comes to consumer spending ranking 17th in the list. The US has the highest consumer spend accounting for 30% of the total market. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/protonmail-faces-criticism-after-leading-police-to-the-arrest-of-a-climate-activist/articleshow/85999452.cms" data-type="tilCustomLink">ProtonMail faces criticism after leading police to the arrest of a climate activist</a> <a href="https://www.businessinsider.in/tech/news/whatsapp-to-soon-let-you-hide-your-last-seen-from-specific-contacts/articleshow/85997894.cms" data-type="tilCustomLink">WhatsApp to soon let you hide your ‘Last Seen’ from specific contacts</a>

India accounts for the highest number of social app downloads globally: App Annie

<ul class="summary-list"><li>A <keyword id="11894211" type="UNKNOWN" weightage="60" keywordseo="police" source="Orion">police</keyword> officer that leads workshops across the US has advised cops use <keyword id="12320770" type="UNKNOWN" weightage="60" keywordseo="facial-recognition" source="Orion">facial recognition</keyword> at traffic stops.</li><li>Thousands of police have taken this officer's course on using social media or other tools to identify people.</li></ul>An instructor for the influential police workshop company Street Cop Training has advised <keyword id="11899820" type="UNKNOWN" weightage="60" keywordseo="law" source="Orion">law</keyword> enforcement to use facial recognition at traffic stops in order to find out a person's identity and if they have a warrant out for their arrest, even if it's unclear whether that person committed a crime.The recommendation, made during a podcast intended for police and hosted by members of the training organization, shows how controversial uses of facial recognition and social media can make their ways into conventional forms of <keyword id="11911207" type="UNKNOWN" weightage="60" keywordseo="policing" source="Orion">policing</keyword>, and the often murky legal applications of their use. It also calls into question how new technology may be used to sidestep otherwise barred policing methods. For example, the landmark 1968 <keyword id="11893011" type="UNKNOWN" weightage="60" keywordseo="supreme-court" source="Orion">Supreme Court</keyword> case Terry v. Ohio ruled that police must have "reasonable suspicion" that a person might have committed a crime before they can compel that person to identify themselves. Due to that ruling, it may not be lawful for to police use facial recognition software to compel identity without having reasonable suspicion first.The instructor, Nick Jerman, has taught thousands of police officers around the country how to do social media investigations through Street Cop Training. <a href="https://www.businessinsider.com/police-trained-create-fake-social-media-accounts-using-ai-images-2022-1">Insider previously reported</a> that he has advised police to make fake social-media accounts for work using AI-generated profile images, violating some rules on platforms like Facebook. Jerman <a href="https://www.businessinsider.com/police-trained-create-fake-social-media-accounts-using-ai-images-2022-1">has also encouraged</a> using these social-media investigative methods to gather information about "hot" women in order to lie to and manipulate them.Jerman is a detective for Maryland's Montgomery County, where <a href="https://www.businessinsider.com/police-trained-create-fake-social-media-accounts-using-ai-images-2022-1">he is facing an internal investigation</a> after Insider asked the county police department to comment on rape jokes Jerman made on his personal Twitter account and Trayvon Martin jokes he made on his personal Tumblr account.In a <a href="https://streetcoptraining.com/captivate-podcast/social-media-and-online-tactics-feat-nick-jerman/">July 2021 episode</a> of the Street Cop Podcast with Dennis Benigno, the company's founder, Jerman encouraged using facial recognition software to determine the identity of the person pulled over. The Street Cop Podcast is advertised as "The training that cops deserve" and, along with Street Cop Training's other programs, is marketed to active-duty police."Let's say you're on a <keyword id="12320469" type="UNKNOWN" weightage="60" keywordseo="traffic-stop" source="Orion">traffic stop</keyword> and we have someone in the car that we suspect may be wanted," Benigno asked during the episode. "What do we do in that situation?""Well there's a couple of paid programs you can use where you can take their picture, and it'll put it in," Jerman said, referring to facial recognition tools, before recommending "another one called PimEyes you can use." PimEyes is a free, public-facing facial-recognition search engine.Those recommendations would not be legal if the police don't have reasonable suspicion that the person pulled over has committed a crime, according to Greg Nojeim, senior counsel and co-director of the Security and Surveillance Project at the Center for Democracy &amp; Technology. In Benigno and Jerman's example, it's unclear if this is the case or not. Benigno and Jerman did not respond to Insider's requests for comment.Jerman teaches police departments around the country about how they can use social media and facial recognition technology.Insider obtained a document called "<a href="https://www.documentcloud.org/documents/21195743-street_cop_training_-_social_media_and_osint_bookmar_1srosjhetcpr8dzq5mjm8wru7lctysfjq1aoxbge_u14docx?responsive=1&amp;title=1">Street Cop Training Social Media and OSINT Bookmarks</a>" through a public-records request filed with the Maryland State Police. The document, which lists resources from Jerman's social-media investigation course, includes facial recognition tools. <a href="https://www.documentcloud.org/documents/21195743-street_cop_training_-_social_media_and_osint_bookmar_1srosjhetcpr8dzq5mjm8wru7lctysfjq1aoxbge_u14docx?responsive=1&amp;title=1">The document</a> lists PimEyes, which Jerman mentioned on the podcast. It also lists Clearview AI, a facial recognition tool that tries to match faces with billions of images the company scraped from social media platforms like Facebook, Twitter, and Instagram. Police have to pay to use Clearview AI long-term, though the company does offer <a href="https://www.buzzfeednews.com/article/ryanmac/facial-recognition-local-police-clearview-ai-table">30-day free trials</a>.<a href="https://www.documentcloud.org/documents/21195743-street_cop_training_-_social_media_and_osint_bookmar_1srosjhetcpr8dzq5mjm8wru7lctysfjq1aoxbge_u14docx?responsive=1&amp;title=1">It also lists</a> Thorn Spotlight, a facial-recognition tool for finding victims of child sex trafficking, and FacePlusPlus, another facial recognition tool.Jerman and Benigno also discussed another scenario on the July 2021 podcast: An officer pulls someone over on a traffic stop, but the officer can't compel the person to show their identification. Based on the Terry v. Ohio ruling, this probably means the officers don't have reasonable suspicion."How about, you're in a situation where you can't compel ID and before you even ask you're like there's something not right with this guy and he's gonna lie," Benigno said.Jerman suggested getting the person's phone number, either by asking the person, or by accusing the person of stealing a phone in the car and asking if they can call the phone in order to exonerate them. "[Say] 'I see that phone in the car, we've had a lot of thefts of phones,' say 'Is that really your phone?' and then you can call it to see if that's the real phone number," Jerman said. "If you can get the phone number from your target, the world is your oyster."Then, Jerman said police should see if there are any social media accounts associated with the phone number. He said they should also use services like Truecaller, which shows the names associated with a phone number by finding how it's labeled in other people's contact lists. (Truecaller gets this information by asking users to share the contacts in their phone.)"A person who gives up their phone number makes a choice," Nojeim, the Center for Democracy and Technology lawyer, told Insider. "I think they should be informed of whether they are obliged to give up their phone number and what the police intend to do with it."Got a tip? Contact this reporter at <a href="mailto:chaskins@insider.com" target="_blank" rel="noopener">chaskins@insider.com</a> or <a href="mailto:caroline.haskins@protonmail.com" target="_blank" rel="noopener">caroline.haskins@protonmail.com</a>, or via secure messaging app Signal at +1 (785) 813-1084. Reach out using a non-work device.

A popular workshop for police encouraged cops to use face scans to ID people they pull over at traffic stops

<ul><li>Many research studies conducted across the world show that women are more stressed and discouraged since the pandemic began as they take on an increasing amount of responsibility at home and in their careers.</li><li>The ad, media and marketing industry has a lot more women today than a decade ago. However, many drop out by the time they reach mid-management levels, primarily due to the lack of flexible hours and ever-increasing workload.</li><li>So this Women’s Day, we decided to speak to women in leadership positions about how we can make women feel welcome at workplaces. They told us how employers can support women and create a more high-trust, inclusive environment for the future.</li><li>The women leaders we spoke to believe organizations need to prioritize training more women, to prepare them for leadership roles, and this should be a part of the company’s culture.</li></ul>In the work-from-home era, the responsibility of unpaid domestic work and raising kids has fallen on Indian women more than men. This has affected their ambitions and careers, widening the gender gap at the workplace. A McKinsey report found that women around the world have been deeply affected by the COVID-19 pandemic, which has heightened the large and small inequalities—both at work and at home—that women face daily. One in four women are considering leaving the workforce or downshifting their careers versus one in five men. Women only form less than a third of the workforce in marketing, sales and less than a fifth in data analysis, and artificial intelligence, revealed a World Economic Forum’s 2020 study. Another survey by Deloitte found that 51% of women are less optimistic about their career prospects than they were before the pandemic. A lot of women who have chosen to stick to their jobs have missed out on a fair promotion or raise. A LinkedIn report shows that 85% of women in India have missed out on a raise, promotion because of their gender. Women’s careers are observed to have been more adversely affected despite increasing flexibility at work, as 68% of women and 74% of working mothers in India say it is difficult to balance career and familial responsibilities today. More than 7 in 10 women and working mothers in India also say that household responsibilities often come in their way of their career progression. As you move up in the hierarchy of the corporate world, there’s also a lack of women leaders in the upper rungs. As per Egon Zehnder Global Diversity Report 2020, women in India occupy 5% of executive chairs and 10% of non-executive chairs. The report indicates that only 11% of committee chairs are held by women, while the number stands at 27.3% globally. Having said that, the world of advertising, marketing and media has seen a lot of <keyword id="3275573" type="General" weightage="20" keywordseo="women-in-leadership-roles" source="Orion">women in leadership roles</keyword>. While we are still far from an equal man-woman ratio in the industry, it is heartening to see more and more women take the top spots. On the other hand, advertising and media are industries that hold a lot of power in shifting perceptions and mending beliefs. The advertising industry was infamous for perpetuating gender stereotypes -- from a sacrificing mother to a man being the bread-earner, the portrayal of women has remained very shallow for years. How brands depict women and their role in society has evolved today, she is independent, she has a voice and is slowly learning to care less about society’s judgement, but we haven’t taken a big leap yet. She is still a woman who is ‘aesthetically pleasing,’ fair-skinned, doesn’t come from a minority community and is a little far from real. There’s almost no progress towards including transwomen in women’s day ads or communication throughout the year. Once we achieve an equal number of gender representation inside Indian advertising agencies, media organisations and the marketing world, there will be diverse opinions in a brainstorming session, leading to better B2C communication. So this women’s day, we decided to speak to women in leadership positions about how we can make women feel welcome at workplaces. They told us how employers can support women and create a more high-trust, inclusive environment during and after the COVID-19 pandemic. Here’s what they had to say about improving equality at work: Meghana Dave - Head Marketing &amp; PR, Lamborghini India: Power v/s Purpose, women inherently are purpose-driven. The changing environment requires leadership that is driven by adaptability, agility and ambition. Today, companies need these traits to outperform competition which has to deliver in the known and unknown environment. To bring balance and speed with positivity, we need more women in the leadership role. Look at what Falguni Nayyar has done with Nykaa or Anjali Sudd has done with Vimeo. In the 21st century companies will need purpose, innovation and balance to achieve the top position, and the right time to bring women to lead the next generation of business growth. To encourage more women to join these industries by encouraging new formats of working culture or environment. Covid has challenged the traditional approach, and today work from home has become the new normal. Secondly, by promoting diversity and opening leadership positions for women and third, we can improve the pay scale and inculcate mentorship for potential women leaders. Rachna Kanwar, Chief Operating Officer, Digital Media, Radio City and Mid-Day: Women in Corporate India have taken a heavy toll during Covid 19 lockdowns. Organisations, however, rarely recognise the double effort that women have to put into their regular day, which during the pandemic, ravaged their mental and physical health. Having said that, women emerged stronger, seldom seeking ‘preferential treatment.’ Companies need to address and recognise this effort as women continue to remain underrepresented at all levels. Thankfully, in the Media industry, with the inclusion of advertising &amp; marketing, there have been plenty of examples of women super achievers acting as role models for younger women which has led to greater gender parity, but women leaders still need to play a major role in supporting and seeing to it that more leaders emerge from the shadows of doubt and stereotypes to claim their rightful places. It is heartening to see more and more women leaders at Radio City and Midday and all of us here are committed to diversity and excellence. Building a positive mindset for diversity at all levels in an organisation goes a long way in ensuring an equal workplace. Strong women leaders in the organisation act as role models for women aspiring to reach the top. They also help in providing a more empathetic environment which is required at certain delicate stages of a woman employee’s career. And lastly, they provide the much needed confidence both for the women employees and the organisation by being a case study in excellence. At Radio City, a large number of leadership positions are held by women which motivates and inspires the mid-level and entry-level women employees to dream big. Diversity has many virtues and numerous reports time and again have proved that a diverse organisation is a better organisation. Radio City was amongst ‘India’s Best Workplaces for Women in 2019.’ Additionally, in 2020, Radio City ranked 4th in ‘Best Large Workplaces in Asia’, according to the GPTW survey. Jyotsna Uttamchandani, Executive Director, Syska Group: I think what is happening is we are definitely attracting more women, but are unable to retain them. The industry also needs to take steps to stop showcasing and representing women in stereotypical ways. The truth is women need to start taking credit for their work, brag and self-promote. What men need to understand is with diversity creativity and innovation only booms. I personally feel advertising, media and marketing industries are more unstructured, and there is no one to help you climb that ladder. You will have to do it yourself. More so we need more women, to help support and mentor other women. I think to be a safe and inclusive environment, we really need to listen to our employees. I have always said that my employees are my first customers. Goals and expectations need to be set mutually, team members need to appreciate each other and there has to be a certain level of trust within the team. Megha Agarwal, CXO-Growth, Meesho: In my last 12 years of working, I have seen many smart women entering the workforce but also taking a step back and stepping out, especially at two pivotal points – marriage and motherhood. The societal maxim is such that it places higher expectations on women, compelling them to juggle many roles – wife, mother, primary caregiver among others. What is imperative is to create support structures that empower them to strike the perfect balance between personal and professional commitments. An example on this front could be Meesho’s recent boundaryless workplace model, enabling people to work from home/ anywhere so that it gives flexibility to facilitate adjustments. Additionally, we, as employers, also need to make a perception shift towards sabbaticals taken by women to rear children. These vital steps could be further bolstered by initiatives aimed to ease their comeback into the workforce again. The responsibility lies with us to act as change agents to create the change we aspire to see. Pragya Misra, Public Affairs Director at Truecaller: I have always believed that empathy, freedom to be authentic and listening are critical to building a work environment that promotes equality. This begins with introducing diversity in the leadership so that the perspectives and related challenges of different employee profiles can be properly understood and addressed. Finally, implementing flexible policies, promoting healthy and non-late work hours, having industry standard pay scale and having actionable punishments (and transparency) in place for any intolerant offenses are some of the other measures that can be put into place to ensure a safe and equal work environment. At Truecaller, being respectful, celebrating diversity and equality in the workplace is deeply set in our values as a company. We continue to make communication safer through our spam blocking, scam and fraud alerts, this principle of safety reflects in our workplace through our employee policies. The inability to feel safe in both offline and online spaces adversely impacts women’s confidence and hinders their ability to grow and thrive. This year we are urging people to #CallitOut and report harassment to the authorities when you see or experience it. We are bringing together all the key stakeholders like government, law enforcement, civil society, mental health experts, lawyers and survivors to work collaboratively to improve the safety of women and continue our 5 year long effort to minimise harassment. This year, we want to create an environment that allows women to feel safe in society, their workplace and in their online communication. Kanika Mittal, Large Customer Solutions, Lead at Twitter India: I strongly believe that a leader is only as good as his/her team &amp; therefore our path starts with building a team that looks like the amazing people of all backgrounds and abilities who use our service every day. At Twitter, we're on a journey to become the world's most inclusive, diverse, equitable, and accessible tech company — it's key to serving the public conversation. For Inclusion &amp; Diversity strategies to have an impact, leaders along with companies need to ensure that they are tackling systemic challenges and also impacting and nurturing inclusive behavior amongst the team. This requires adapting a new way of thinking and making the right decisions such as becoming more distributed, empowering women employees to share and leverage their unique perspectives and experiences for growth and opportunities. Collectively we’ve got work to do to build a truly inclusive culture across the industry. We’ve made steady progress, and as industry our work doesn’t end <a href="https://twitter.com/hashtag/UntilWeAllBelong?src=hashtag_click">#UntilWeAllBelong</a>. Anika Wadhera, Head of Digital Marketing, Sirona: A supportive work environment is one in which each and every employee can discuss job-related difficulties in confidence and without fear of backlash. Actively showing appreciation to the staff, and encouraging them to exhibit appreciation for each other, is an easy and gratifying way to establish a great working atmosphere. Employees, both male and female, should be taught about ethical behavior and how to create a culture that supports everyone's safety. Although enforcing policies and holding instructional sessions are beneficial, a process or system that promotes power equality in the business can be implemented, reducing the number of unpleasant experiences. My advice to all wonderful women around me will be to ’Take a stand for yourself &amp; be vocal. The world is your oyster.’ We as 21st-century women should focus on creating a network; it may be one of the most powerful factors in our career at any level, whether one is a fresher or a senior leader, just network, network &amp; network. Shradha Agarwal, COO &amp; Strategy Head, Grapes: Women at leadership roles play a very crucial role in the comprehensive growth and development of any organization. They are the true manifestation of sustainable growth. A woman inherently is nurturing and being in a leadership position helps her in cultivating an inclusive work culture with diversity at the core of the organizational structure. This diversity is the precursor of diverse ideas that stimulates creativity and champions for more quality in business operations. Women have a warm and welcoming disposition which enables the organization to develop a much stronger bond and connect with their customers. In any workforce, the major loophole at the very base level is the lack of proper guidance to define the roles and duties to be fulfilled by a person. In order to help them realize their true potential, it is important to first connect with the people. By putting themselves in other’s shoes it becomes easier to understand the situation better and provide a relatable solution. As developing a connection and affinity for people comes naturally to women, in leadership positions they are better able to relate with and understand the pain of their teammates. To get women to join the advertising and marketing industry the mantra is very simple, just make them feel they are making ads for themselves. As women are better listeners and good storytellers, one needs to harness these qualities of women to motivate them to pursue a career in this field. They are better adept at giving a diverse perspective and drawing holistic pictures to a narration. Advertising and marketing is not about selling products, it goes way beyond and is about telling the right story. It is about connecting with the brand rather than the product as the products can be replaced but the brand remains constant. And women love and enjoy such jobs, it is just that we need to tap on this quality of women. Sowmya Iyer, Founder and CEO of DVio Digital: Women have faced more significant economic hardships through the pandemic - disproportionately losing jobs and income. A recent report by LinkedIn shows how Covid-19 has impacted women’s careers. About 85% of women in India have missed out on a promotion because of their gender. Despite the increase in flexibility at work, women’s careers are observed to have been more adversely affected. So, it is safe to say that we are far away from building an inclusive environment for employees of all gender spectrum. Company policies will have to be redefined and relooked at to give women space to work, grow, and balance their careers and Homes. DViO Digital, is an equal opportunity provider. We work towards hiring and promoting our employees based on their merit and not just gender. Our current workforce has a fair divide of 55:45 women to men ratio; a similar trend can be seen in our leadership team, which has a 60:40 ratio (60% women and 40% men), which is not by design but by default. Hence it is safe to say that women are naturally inclined towards the advertising and marketing industry. Tanya Bami - Series Head, Netflix India: The representation of women in entertainment has been increasing with the times and we couldn’t be happier! At Netflix, we are focussed on entertaining the world with authentic stories that are a true reflection of our times and society. Be it Delhi Crime, Aranyak, Masaba Masaba, Yeh Kaali Kaali Ankhein, or our latest series The Fame Game, the characters can be determined, driven, fabulous or flawed.” •Since the beginning of 2020, we have collaborated with over 2400 women creators, talent, and crew on and off screen in India. •Half (15) of our original films and series in 2021 had a woman as the central character. • Netflix has 15+ female forward titles already announced for 2022. Apart from the already released Yeh Kaali Kaali Ankhein, Looop Lapeta and The Fame Game, the upcoming titles include Mai, Monica, O My Darling, Masaba Masaba Season 2, Mismatched Season 2, She Season 2, Fabulous Lives of Bollywood Wives Season 2, The Fame Game, Qala, Plan A Plan B, Khufiya, among others. •In 2021 Netflix worked with nearly 50 women producers, directors or writers (25 women producers and directors + 23 women writers - 2X the women writers in 2020. •In addition, Netflix has worked with incredible women standup comics- Rytasha Rathore, Urooj Ashfaq, Prashasti Singh, Prajakta Koli, Sumukhi Suresh, Mallika Dua, Kaneez Surka and Sumaira Shaikh. •Inclusivity also extends internally to all of us at Netflix as women make up 51.7% of our global workforce, up from 48.7% in 2020. This includes 6.9% growth of women directors and above, totalling 51.1%. Aditi Shrivastava, CEO &amp; Co-Founder, Pocket Aces: It all starts from the top. If there is equality in the mind, it will automatically trickle down to every level within the organization. A few key base rules I always keep in mind: ● Think in terms of equity (not stock options in this case, but what is required to get people to the same level) rather than equality (i.e. providing the exact opportunities to each person) ● Be a true meritocracy ● Even in the most equal households, women are often expected to be the primary caretaker of children or parents, so keep that in mind ● Don’t forget to groom young female talent in the company right from the go by increasing their confidence levels and encouraging them to not be ambivalent about their ambitions and dreams ● Discourage even mildly offensive loose talk / jokes at the workplace ● Have a strong POSH committee in place ● Encourage older male employees / leaders to unlearn from previous “male club” workplaces and see the value their female counterparts can add Overall, be conscious about gender diversity and equity. It won’t happen by chance.

Women in leadership across media, brands and advertising on improving gender representation and retaining women in the workforce

<ul><li>The <keyword id="6354416" type="ORGANIZATION" weightage="20" keywordseo="Indian-Army">Indian Army</keyword> issued new guidelines for how members of 1.3 million strong military force should use WhatsApp and other social media platforms earlier this week.</li><li>Officers were reportedly issued a stern warning about sharing classified information over WhatsApp and were told that their phones can be checked at any time.</li><li>This has resulted in members of the Indian Army quitting WhatsApp groups, big and small, in order to stay out of trouble.</li></ul>After the issuance of <a href="https://www.businessinsider.in/whatsapp-curbed-by-indian-army-to-stop-foreign-intelligence/articleshow/70138133.cms">new guidelines</a> by the Indian Army on how WhatsApp and other social media platforms should be used, officers are reportedly quitting <a href="https://www.businessinsider.in/whatsapp-can-sue-you-for-sending-bulk-messages/articleshow/69771841.cms">WhatsApp</a> groups. The two page directive by the Indian army entails spot-checks of phones to verify that no classified information has been leaked online leading to a growing sense of ‘panic’ among the officers, Army officers told the <a href="https://timesofindia.indiatimes.com/india/army-officers-quitting-whatsapp-group-after-stern-warning/articleshow/70162367.cms">Times of India</a>. If an officer is found guilty of sharing confidential information, even by accident, it could lead to a court martial. It’s not just the groups that have unknown members but even golfing groups and regimental groups, where officers interact with Army veterans, are being sidelined. Some officers feel that the guidelines as much too severe since they are required to verify the identity of everyone in a WhatsApp group — even those like a group with school friends or college alumni. Others feel that its a political move by the Indian Army to keep qualms about disability pensions and other veteran complaints, at bay. Away from honey traps The Army <a href="https://www.businessinsider.in/whatsapp-curbed-by-indian-army-to-stop-foreign-intelligence/articleshow/70138133.cms">claims</a> that the aim of the new regulations is to keep officers from being ‘honey trapped’ or unwitting sharing confidential information about troop movements that could be exploited by foreign adversaries like China or Pakistan. Xiaomi phones and the company’s associated apps were also <a href="https://www.indiatoday.in/technology/news/story/we-take-security-and-privacy-very-seriously-xiaomi-on-ib-advisory-that-put-popular-mi-apps-under-scanner-for-spying-1098000-2017-12-01">banned</a> by the Indian Army in 2017 citing an increased threat from spyware and malware. The overall list of banned apps included 42 separate entities including popular apps like Truecaller, WeChat and UC Browser. WhatsApp is also <a href="https://www.businessinsider.in/malware-affecting-jio-apps-whatsapp-flipkart-and-hotstar-primarily-targeted-indian-users-through-alibabas-app-store/articleshow/70168751.cms">increasingly</a> being targeted by hackers as the messaging app’s user base grows by the day. Aside from the Indian Army, India’s central government doesn’t trust WhatsApp either. It has <a href="https://www.businessinsider.in/the-indian-government-wants-to-build-its-own-whatsapp-for-official-communication/articleshow/69983904.cms">reportedly</a> been looking into developing an alternative messaging mobile app specifically for official communication where the data will be stored on the government’s central servers. See also: <a href="https://www.businessinsider.in/whatsapp-curbed-by-indian-army-to-stop-foreign-intelligence/articleshow/70138133.cms">Indian Army fears that foreign intelligence may be using WhatsApp to profile its officers</a> <a href="https://www.businessinsider.in/the-indian-government-wants-to-build-its-own-whatsapp-for-official-communication/articleshow/69983904.cms">The Indian government wants to build its own WhatsApp for official communication</a> <a href="https://www.businessinsider.in/whatsapp-can-sue-you-for-sending-bulk-messages/articleshow/69771841.cms">WhatsApp can sue you for sending bulk messages</a>

Indian Army officers in a flurry to leave WhatsApp groups after announcement of spot-checks

<div class="KonaFilter image-container display-table float_right"><div><div class="image"><img src="https://static-ssl.businessinsider.com/image/55814869dd08953c4d8b45fe-1124-843/truecaller-ceo-and-co-founder-alan-mamedi.jpg" alt="Truecaller CEO and co-founder Alan Mamedi" data-mce-source="Truecaller" data-mce-caption="Truecaller CEO and co-founder Alan Mamedi" />TruecallerTruecaller CEO and co-founder Alan Mamedi</div></div></div>Truecaller CEO Alan Mamedi has managed to convince several friends - all of which were "deep Apple fans" - to switch to Android because of just how good the combination of his apps are.That's because one of the Swedish company's apps, Truedialer, is only available on Android right now. The company has just added a new function to the app, which has effectively killed off the need to ever set your "out-of-office" notifications again. Right now it's only Android users who can currently use its three apps - Truecaller, Truemessenger, and Truedialer - in tandem. And some of Mamedi's friends just can't seem to wait for that experience to make it to iOS.Truedialer uses Truecaller's platform to add a name and even a photo to an unknown contact as you punch in a new number to make a call. The platform has a global directory of millions of numbers, which its first app (also called Truecaller) uses to screen and block unwanted calls. It can identify who's calling - like your bank or a telemarketer - even if that number isn't stored in your phonebook.Truemessenger tells you who sent a text even if they're not on your contact list, and automatically blocks spam messages too.Now Truedialer users can check the availability of the person they are trying to call before dialing. For this to work, both users need to have the app set as their default dialling app. Then, the app syncs with the user's calendar, and puts a little red dot next to their name if they are in a meeting or on holiday. The app can also tell if they are on a call or have their phone on silent. The person trying to reach them can then choose to be notified when they are available again or send them a message.<div class="KonaFilter image-container display-table"><div><div class="image"><img src="https://static-ssl.businessinsider.com/image/5603deabdd0895fe188b46ef-967-337/truecaller shot.jpg" alt="Truecaller Truedialler" data-mce-source="Truecaller" />TruecallerIt looks like Steven is busy.</div></div></div>"We saw that the most-used communication channel on your phone - which is still messaging and calls - was missing the most crucial component," Mamedi told Business Insider. "It needed an identity platform so you know who the person calling you is. On all other networks, like email, there's always an identity attached.""Phone communication in general has been broken since day zero. So with Truecaller we wanted to let people know who is calling them and how they are connected to that person. That makes it so much easier to make a decision on whether the call is important to them or not. But with outbound calls it's essential to know whether the person you're trying to reach is available or not. Because usually when you call someone and they miss it they forget to call you back. That's a problem."While the company uses several data points to check someone's availability, Mamedi says it never holds that data. "Everything happens on the client itself," he said.Truedialer has been downloaded 10 million times in just over a year since it was first launched, the company says. The Truecaller app has 150 million downloads to date and is increasing by 300,000 users every day. Over 60% of the company's monthly active users use their apps every day.The company<a href="http://www.businessinsider.com/r-swedens-truecaller-clinches-60-mln-in-venture-capital-funding-2014-10?IR=T"> raised $60 million (£39 million) in 2014</a> from investors including Atomico and Kleiner Perkins Caufield &amp; Byers. Mamedi and Nami Zarringhalam founded the company in 2009.Truedialer is currently free, but the Truecaller app does have some premium features. Mamedi didn't share the company's revenues, but promised that we'll see more on how Truecaller plans to monetise its apps next year."Hopefully we'll be launching Truedialer for the iPhone in the near future," he also said. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/shade-balls-california-drought-shadeballs-los-angeles-2015-8">'Shade balls' are being used across California to combat the drought </a></h3> <div> <div> <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="x1dm55djq96zgcI3eC5Fl7nCEzdjY2Hf" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> <script> if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'x1dm55djq96zgcI3eC5Fl7nCEzdjY2Hf',{ autoplay: 'false' }); }); </script> <noscript><div>Please enable Javascript to watch this video</div></noscript></div> </div> <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script> </div>

iPhone users are switching to Android because they want to use this app that can kill 'out-of-office' messages

Rohan Shravan was 24 years old when he founded Notion Ink, a <keyword id="138263" type="UNKNOWN" weightage="100" keywordseo="startup">startup</keyword> that designed India’s first tablet computer Adam. The device was launched five months before Apple placed the first version of the iPad on store shelves. 
 
At its international debut in the Consumer Electronics Show at Las Vegas in January 2010, one of the first to place an order for Adam was an employee at Apple headquarters in Cupertino. However, in the ensuing months as the iPad gained iconic status, Adam dropped by the wayside, felled by the lack of risk capital to grow the business. 
 “When I told venture capitalists that our product will be a challenger to <keyword id="10591" type="CITY" weightage="40" keywordseo="Samsung">Samsung</keyword> and Apple, they laughed at me,” said Shravan, a mechanical engineer from the Indian Institute of Technology in Kharagpur who initially bootstrapped the firm with personal savings of around Rs 6 lakh. 
 
Shravan’s experience is hardly unique. In the midst of an unprecedented entrepreneurial boom, several of those starting up say there are more hurdles than advantages in the Indian startup sector. Apart from the red tape and the lack of policy support there is also a shortage of true risk capital that can back edgy new ideas. 
 
Customers are unwilling to pay for untested products and many entrepreneurs choose the middle path fearing failure. “I was very aggressive, arrogant and fought like a warrior, the so-called experts advised me to tone down and be nice, which led to our downfall,” said Shravan who trained engineering students to work on Adam as a way to minimise staff costs. “Around 80 per cent of the employees were final year students; they were later snatched by Samsung and Motorola.” 
 
<img class="gwt-Image" src="/photo/34868665.cms" style="margin: 4px; float: left;" />In recent years, several ventures including short messaging service GupShup, personalised news service Frrole and language keypad maker Luna Ergonomics have altered business models when faced with regulatory hurdles or the fear of rejection from investors and customers. 
 This at a time when many global technology companies including WhatsApp, <keyword id="6354576" type="CITY" weightage="40" keywordseo="Facebook">Facebook</keyword>, caller identification service Truecaller, home rental marketplace Airbnb, and question and answer site Quora count India as one of their fastest growing markets. 
 
Nearly 40 million of WhatsApp’s global user base of 450 million is in India. “India is our largest market with about 30 million users and continues to demonstrate great opportunities for us,” said Nami Zarringhalam, cofounder of Sweden’s Truecaller. When Amarpreet Kalkat started his company Frrole in 2011, he wanted to build a product that was tailored to a user’s area of interest. 
 
“I believed it could rival Google News,” said the 35-year-old entrepreneur. Eight months later, Kalkat started looking for funds and he had to answer the dreaded question, over and over again: “How do you make money?” Two years of running the company without external funding almost made him bankrupt. Kalkat was forced to start a new by changing his model to an enterprise product. 
 
At about the same time when Frrole was launched in Silicon Valley, a text and photo sharing app called Snapchat was born. It received $60 million (Rs 361 crore) in initial funding and was handling 150 million photos every day. 
 
Last year, the company rejected a $3 billion (Rs 18,000 crore) buyout deal from Facebook. “There is a very high chance that Frrole would still have been a social newspaper, if we were based in Silicon Valley,” said Kalkat whose company now has a dozen of enterprise customers. 
 
Parag Dhol, managing director at Inventus Capital Partners, said he has some sympathy with the entrepreneurs’ point of view. “But let me throw the question back at them—let us find at least one product from India where there are at least 100 million users,” said the investor who has backed firms such as Savaari Car Rentals, online bus ticketing site redBus and technology company TELibrahma. 
 
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Angel investor Sharad Sharma, who pushed Kalkat to alter his business model, is of the view that in Silicon Valley entrepreneurs can afford to not have a paying business. “Because they have the confidence that they will get bought over, here there is no such scene. It’s all about viability of the business,” said Sharma who participated in a $245,000 angel (Rs 1.4 crore) funding round in Frrole this April. 
India has a far worse ratio of venture capital exits as compared to Israel and the US, according to data compiled by think tank iSpirt and investment bank Signal Hill. Few large companies are interested in buying out startups or using their products, impeding growth of local companies. 
 
“We had all the ingredients to become a large global company,” says Abhijit Bhattacharjee, 43-year-old founder of Luna Ergonomics, the maker of the Indian language keypad Panini. 
 
Named after an ancient Sanskrit grammarian, the technology makes it possible to type quickly and easily in all Indian languages on the mobile phone. The company which has received patents for its Korean language interface did not find takers amongst Indian telecom companies. 
 
“Supporting Indian scripts on digital devices does not suit the strengths and roadmaps of these companies,” said Bhattacharjee, whose company last released an Urdu keypad for iOS, Android, and PC in 2013. “Which large enterprise buys cutting edge technology from startups? When there are not early customers, how can you expect to have $1 billion companies?” asked Ashish Gupta, a senior managing director at Helion Venture Partners that backed group text messaging service GupShup. 
 
The Mumbai-based firm was launched just six months after microblogging site Twitter was launched in the US in July 2006. Within a year of inception the service had racked up 15 million users. 
 GupShup was a free, social, short messaging service that allowed users to communicate and connect with family, <keyword id="343" type="ENTERTAINMENT" weightage="40" keywordseo="Friends">friends</keyword> and followers using ordinary mobile handsets. But the telecom ecosystem and policies were a problem. 
 
“The regulations did not allow advertising. The operators kept the short messaging service rates high,” said Beerud Sheth, cofounder of Webaroo maker of GupShup product. The company had to shift focus from retail consumers and instead offer the messaging platform for enterprises. 
 
“They (government) should invest money in big ideas. They need to stop protecting big industries and start encouraging disruption and risk taking,” said Rahul Sood, partner at Microsoft Ventures and a technology entrepreneur, who sold the luxury computer business VodooPC to Hewlett Packard in 2006. 
 
Compare this to China, where the startup ecosystem is accelerating faster than anywhere in the world. There are around 1300 incubators and accelerators across the country compared with about 35 active accelerators in India. Shravan of Notion Ink has not lost hope yet. 
 
The entrepreneur is placing another bet. This time a personal computing robot called EVE, which he thinks will disrupt the market and will be in the market by 2017. “I will be jealous of my kids, they will be enjoying the rewards our hard work and same is true for the next generation of entrepreneurs,” he said.

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