PayTM shockingly disappears from Apple App Store

PayTM shockingly disappears from Apple App Store

PayTM, India's largest mobile wallet app disappeared from the Apple app store owing to a bug that was reported. Both the iPhone and iPad app had bugs and therefore had to be taken down.

Honestly, this bug sends a chill through my spines! I have over Rs 2000 in my PayTM wallet right now and with the PayTM's policy that they aren't responsible for any lost of cash due to any circumstances, it is high time to move out and use other means of payment. Oh wait.. there's no other way but PayTM :/

I haven't had cash since November first week and have been using Cards, PayTM and Internet Banking for everything and notably paying more than I should. For a Rs 180/kg chicken, I had to pay Rs 320/kg online a couple of times. The local chicken shop doesn't accept online mode of payment and he never will. I had to pay 2% extra to buy a mobile from a local store using my card. Thanks to transaction charges and the list goes on. 

So much for going cashless; everything will become expensive as transaction rate ranges from 2-5%.

Last week, I was in CP and had no cash. My battery died. It took almost an hour to find a charging outlet for my iPhone and book a cab to go home. Many times, I have had to walk away after ordering food because PayTM didn't work and there's no other mode of payment. It reminds me of the good old IRCTC days.

When multi million dollar funded company like PayTM can have bugs; what is the probability that someone would hack into it and withdraw the money is anyone's guess.

Good luck and good bye PayTM Wallet.

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"Don Hazaar Rupaiye" - Rs 2000 note has a possible typo!!

"Don Hazaar Rupaiye" - Rs 2000 note has a possible typo!!

Have you notice the possible printing error on the new Rs 2,000 note? As reported in the Hindi website, Satyagraha, the back side of the Rs 2,000 note has a possible typo!

As reported in Scroll and TheQuint, if you notice carefully there are two places where "Don Hazaar Rupaiya" is written in Devanagari script. "Don Hazaar Rupaiya" is Marathi for two thousand rupees apparently, so the first time it appears correctly.

However, in any note, Marathi is preceded by the value written in Konkani. Which in the case of the new Rs. 2000 note is written as "Don Hazaar Rupaiye" as well. Two thousand rupees in Konkani is written as "Doni Hazaar Rupaiye."

Two Weeks = "Doni Vaaru" in Konkani. However there are conflicting version that it can be "Don Vaaru" too. If that's the case, there's nothing to worry about and one can consider the Rs 2000 as valid and without any error.

The "Do Hazaar Rupaye" written vertically towards the left is correctly spelled in Hindi. 

So after all the long queues and exhausting wait, if it turns out to be an error, RBI must withdraw all Rs 2,000 notes which is already being circulated. Citizens specially the lower income group across the country are already seen abusing our PM Modi in various videos due to the great inconvenience brought upon by this decision and any withdrawal of the new notes may most likely spark further panic and further complicate the demonetisation process.

I really have no words to say. I hope I'm wrong. I hope Scroll and TheQuint is wrong too and so are the thousands of twitter users who pointed out the error. We are in one hell of a ride if this is indeed an error.

Will update as and when there's update from RBI. Do share your feedback in the comments below.

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Startups from IIT Delhi students

Startups from IIT Delhi students

NOTE: This article was written sometime around 2012 and may not be relevant anymore!

IITians and their passion for startups! The best mind of the country together under one roof and been taught time and again to look beyond the horizon, it’s inevitable. Sure, the money isn’t much but looking at few startups making a kill in the market is always so encouraging and there’s always a few in a batch who likes to take the road less traveled by.

Startup ideas at IIT Delhi

I'm one of the very few in my college who has made a name as a freelance web designer or should I say freelance web developer over the last few years. Over time, many fellow students with their ideas have approached me. Some come with great concepts and potentials while some come just for the heck of it with the soul purpose of glittering their resumes before the placements. Many startups after investing a few thousands have come and gone in the past. Some gave up everything to chase their dreams and ended up nowhere while some never gave up but ended up in the same ditch anyways. Some got lucky with extreme hardwork and made it to million rupee companies today – flipkart, zomato, mobikwik to name a few. With startup companies popping up from every corner, ideas copied from one another, improvising the concept, it is always so encouraging seeing these young (of course, older than me) minds so eager and enthusiastic about their work.

IIT Delhi startups that failed

There were a few startups by fellow IITians that had amazing teams and leaders but didn’t work for the lack of vision, funding among various other reasons. It’s just sad to see them the way it is now. Some I thought had great possibilities and the teams worked with such zeal I really thought they would make it. Of course, I don’t have to say, I’m no visionary and I couldn’t foresee it. A lot of startups have failed in the last few years. A lot more will continue to spring up over the next few months and I’ll pray they don’t end up in the same boat. 

Present startups in IIT Delhi

There are a few new ventures that’s currently doing well and I would like to take this space to showcase some of them in a random order: 

Zumbl.com: The anonymous chatroom service without an “e” and is heavily inspired from omegle is doing better than my initial expectations. The publicity and marketing team seems to be doing their job well and have so far manage to get 43k facebook likes although the number can be easily manipulated. Mark Zuckerberg, are you listening? It is however creating a buzz in the college networks and hopefully it will continue to do so. I don’t have the statistics but I’m assuming the website have a good traffic flow for now. They still have lots of room for improvement and the designers and developers are hard at work to reflect on the same. It’s a great place to hang out ..for free! :P

Touchtalent.com: Registered as a pvt ltd, they can be categorized as a serious bunch. A clone of pinterest (I could be wrong), the developers have made certain changes to fit their vision and idea for the young and fresh artists to showcase their work and sell in some cases. The team is hard at work as I’ve noticed over the last few months and perhaps make it to the likes of Deviantart someday. As observed, there has been a decent traffic flow too. 

BookatDoor.com: So far, I’ve visited this website to look for question papers during the exams and have not had a second look. Selling or buying second hand (used) textbooks in the college just doesn’t seem to be on my list of profitable ideas unless they open the market to the entire capital city with all categories of books. In my opinion, they have potentials to give flipkart a serious run for their money. We are Indians. Cheap is good. Cheap is very good. This is the kind of startup I would love to take over and handle the website backend if they can handle the groundwork, logistics among others.

There are a few more startups that aren’t mentioned here for they are either in their infant stages or is in dormant period for the lack of marketing teams, leadership, funding or has served the purposes – sparkling resumes. There may be some that I might have missed out. Please buzz me so I could update on the same.

If you have a profitable idea, I would love to listen to you.

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