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Will mobile carriers price cuts boost smaller rivals or doom them?

Feb 11, 2021 Many smartphone users are no doubt looking forward to next month, when Japan’s telecom giants will launch new monthly plans that are considerably cheaper than current deals. But for the wider industry, it will be the dawn of a new price war. With the three megacarriers NTT Docomo Inc., KDDI Corp. and SoftBank Corp. making bold new offers, smaller rivals known as mobile virtual network operators (MVNOs) are likely to face an uphill battle. MVNOs, which lease mobile networks from the major carriers, are often labeled budget SIM card providers because their advantage has been in low-cost plans, but the three carriers are dropping the cost of 20 gigabytes of monthly data to ¥2,980 as cheap as what MVNOs have offered.

Study now, pay later is Mumbai-based startup Eduvanz s USP for education loans

‘Study now, pay later’ is Mumbai-based startup Eduvanz’s USP for education loans Fintech startup Eduvanz, founded by IIT graduate Varun Chopra and IIM alumnus Raheel Shah, offers easy, fast, and affordable financing options for students, learners, and parents. 0 claps Share on Despite the availability of learning tools at all levels today, what often constricts students, learners, and parents is the lack of easy, fast, and affordable financial assistance.  Enter Mumbai-based fintech startup Eduvanz, which offers innovative education loans that allow students to study now and pay later in pocket-friendly monthly instalments at zero percent rates.  Set up in 2016 by IIT Madras graduate Varun Chopra and IIM Ahmedabad alumnus Raheel Shah, Eduvanz offers flexible tenures, fast turnaround time, and full transparency on loan decisions for all learning requirements, be it K-12 (school), higher education, or professional development courses.

This neobank tech startup s AI platform offers personalised service to users

This neobank tech startup’s AI platform offers personalised service to users Neobank tech startup UNObank promises to change the rules of digital banking through its AI platform to make banking more personalised, catering to each individual needs. 0 claps Share on How about a bank telling you to be careful about a purchase you are going to make because it might lead to cash shortage at the end of the month, or being able to figure out on its own that the banking transactions on a smartphone are illegal. This could be the new era of digital banking where all the transactions are conducted on a smartphone with a personal touch.

[National Youth Day] Meet 5 young entrepreneurs harnessing the power of tech and digital for greater good

[National Youth Day] Meet 5 young entrepreneurs harnessing the power of tech and digital for greater good These young entrepreneurs are making creative use of technology to preserve India’s heritage sites, connect youth with global experiential opportunities, charting financial activities, and even helping senior citizens become tech-savvy. 0 claps Share on In India’s growth story where startups and innovation are gaining attention, the youth is a large part of the buzz. Their startups have spawned innovations that have redefined daily chores like grocery shopping, hailing auto-rickshaws, and even bill payments. Women’s contributions too are second to none in this evolving scenario. Entrepreneurs like Upasana Taku and Falguni Nayar have today become household names.

[Funding alert] SSA Finserv raises $3M from Blue Ashva Capital to expand MSME lending operations

[Funding alert] SSA Finserv raises $3M from Blue Ashva Capital to expand MSME lending operations SSA Finserv will use the funding made through Blue Ashva Sampada Fund to expand lending from top cities to small towns, the NBFC said in a statement. 0 claps raised $3 million (around Rs 21 crore) from Blue Ashva Capital. The funding, made through Blue Ashva Sampada Fund, will be used to expand lending from top cities to small towns, the NBFC said in a statement on Tuesday. The investment will further reaffirm our commitment to become a preferred financial partner for small businesses by expanding our reach into more locations, said

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