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STARTUPS fight COVID-19 Google, Apple Team Up; TikTok Announces Global Fund On Day 18 Of Lockdown

Apple, Google have jointly developed an app to contact track users

TikTok has pledged to contribute over $250 Mn around the world to support relief efforts

On day 18 of the 21-day of lockdown, Prime Minister Narendra Modi announced that the government may extend the lockdown if necessary. Modi clarified that he is open to hold discussion with state heads and take in suggestions on how to effectively tackle the situation. Some states have independently announced extensions of lockdown.

Being in the fintech space, Sharma says that this is the time the classic curve in a journey where people who underwrite well will boom.

“So these are the days of building lending at a different scale unsecured lending. Companies that swing around to the opportunity of distributing unsecured loan and collecting them well, and underwriting them well will become the champions of tomorrow,” Sharma added.

As far as installments, his center business item, Sharma addressed a client saying that Paytm will before long empower disconnected mode installments. He expects that many individuals will move to advanced stages definitely, and there will be new client practices rising up out of this. Sharma likewise discussed the ongoing new sections in the basic food item industry.

Day 18 of the 21 Day of Lockdown was unquestionably possessed by private players bouncing in with their tech answers for make the circumstance simpler to manage. The greatest updates on the day was unquestionably the uncommon joint effort between worldwide tech monsters Apple and Google, who revealed a contact following cell phone application that will caution the clients at whatever point they interact with COVID-19 patients.

The organizations are likewise intending to discharge an API to permit the application to be connected with the applications created by general wellbeing specialists. The organizations have guaranteed that the application is secure and gives most extreme significance to clients’ protection and assent.

In the mean time, Silicon-Valley-based non-benefit worldwide endeavor finance Motwani Jadeja Family Foundation hailed off the primary day of its CODE19 Online Hackathon, which is planned for discovering tech answers for manage with Covid-19. The three-day occasion facilitated over 6K pioneers and engineers from over the world, including India. The triumphant advancement will be declared on April 21 and will be given the award to create it.

Internet business goliath Flipkart has additionally declared its association with Tata Consumer Products to keep the basic food item supply consistent. Under this, Tata Consumer Products’ merchants will show themselves as dealers on Flipkart.

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