In Brief: Delhi HC seeks response from govt, etailers on the country of origin tag; Mitron TV raises seed funding

In Brief: Delhi HC seeks response from govt, etailers on the country of origin tag; Mitron TV raises seed funding
Photo Credit: VCCircle
2 Jul, 2020

The Delhi High Court on Wednesday sought the government’s response on a plea seeking directions to the online players to display the country of origin of products sold on their platforms, the Economic Times reported. A bench of chief justice DN Patel and justice Hari Shankar also issued notices to e-commerce companies including Amazon, Flipkart, Snapdeal, and Ajio as well as the Ministry of Commerce and Industry, the report said. 

Mitron TV raises Rs 2 cr from 3one4 Capital

Social video sharing app Mitron TV has raised Rs 2 crore in a seed round of funding from venture capital firm 3one4 Capital and LetsVenture syndicate led by Arun Tadanki, Mint reported. The investment comes shortly after the Indian government banned 59 Chinese apps, including ByteDance-owned TikTok. Mitron TV claims to have over 17 million downloads, within two months of its launch on the Play Store, the report added.

Government panel approves Chinese app ban 

A government panel has approved the 59 Chinese app ban rolled out earlier this week, the Economic Times reported. The committee was tasked with investigating the data-sharing practices of the apps. This move was based on close to 300 documents and reports seeking a ban on the apps, claiming that they were compromising user data. Representatives of the affected platforms will be called before the committee over the next week to discuss the issue.

Read: TikTok goes offline in India as MeitY orders browsers to block the video-sharing app

Flipkart tests social commerce platform 2Gud

Walmart-backed retail giant Flipkart is piloting a social commerce platform, 2Gud, according to a report by the Economic Times. The platform will feature transactions for categories including fashion, mobiles, and accessories. The platform, which competes with Mall91, WMall, SimSim, and Bulbul, will target consumers from small towns.

FIS selects 10 startups for its fintech accelerator programme 2020

Jacksonville, Florida headquartered Fidelity National Information Services and the accelerator The Venture Center have jointly selected 10 startups to participate in the FIS Fintech Accelerator Programme 2020, according to a statement. The initiative is focused on identifying and fostering startup financial technology. Selected startups include cybersecurity firm Sequretek, lending automation firm Cirrus Secure, application development platform Cobbler Technologies, accounts receivables and collections firm Dasceq, location intelligence startup Mall IQ, small business services provider Silot, risk-based decision-making startup Stratyfy, co-browsing platform Surfly, secure authentication platform TrustStamp, and expense management automation provider XpenseOne.

Sify Technologies inks deal with software firm Talview

Chennai-based information and communications technology company Sify Technologies has entered into a partnership with software firm Talview to integrate the latter’s remote proctoring solution, Proview with Sify’s iTest platform. The integration will ensure authentic invigilation of online assessments held remotely, a statement said. 

ShareChat launches Moj

Vernacular social media platform ShareChat has rolled out Moj for Android users, Entrackr has reported. The platform allows users to download and upload 15-second videos with features such as lip-syncing, the report said. The app was out on the Play Store on June 29. Moj has, so far, managed to gather 10,000 downloads. Additionally, it is available in 15 languages including Oriya, Bhojpuri, Tamil, Telugu, and Haryanvi, among others.

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