All the important updates you need to read today #BigDaily.
Subscribe to the newsletter.
Most Wallets Will Become Non-operational by March
Prepaid payment instruments (PPIs) or mobile wallets were mandated by the Reserve Bank of India in October 2017 to capture all information required under the know-your-customer (KYC) guidelines.
So far, companies have been able to verify just a fraction of their total user base, and are yet to complete biometric or physical verification of the majority of users (via).
Dhoni is entering Digital Content World.
Dhoni has entered the entertainment business with a long-term partnership deal with production house Banijay Asia. Dhoni Entertainment, a company floated by Dhoni this year and Banijay Asia will create content across genres for multiple platforms.
Under the partnership deal, both entities will make investments to create premium content that will be distributed across platforms in India and south east Asian markets, said Deepak Dhar, founder of Banijay Asia (via).
OLX acquires Aasanjobs
OLX Group announced on January 7 that it has acquired Aasaanjobs, a recruitment marketplace for blue and grey-collar jobs in India. With this acquisition, OLX will strengthen its jobs vertical and address the growing requirement of 60 million plus urban workforce in India, which is valued at over $ 1 billion (source).
Most of OLX acquisitions haven’t really been fruitful. What do you think lies ahead?
Amazon Prime Video is self censoring Hindi movies, Netflix isn’t
The Dirty Picture has gotten shorter on Prime. Hunterrr, the 2015 sex comedy is nine minutes shorter on Amazon Prime Video than on Netflix. With a one-and-a-half minute sex scene and a few other scenes missing, it has again been rated fit for audiences over 13. (via).
Reliance launches JioBrowser for Android with more news content
The JioBrowser, as Reliance says, is “one of the first Indian browsers that’s developed keeping the Indian users in mind.” The browser is said to be lighter than its competitors, weighing just around 5MB. Therefore, consumers on low-end devices should be able to run it smoothly. The UI of the browser is minimalist and puts the focus on Jio’s own content collection.
Too little; too late (via)?
