- Nishkaam Mehta, formerly at Hulu, is collaborating with Times Internet to develop Abound, a remittance app to benefit Indian expatriates.
- The Abound app allows users to transfer money to over 130 Indian banks and provides discounts and rewards for customer loyalty.
- Times Internet has invested $10 million into Abound, which plans to expand its team and reach out to customers in Canada, the UK, and the Middle East.