Jun 17, 2020 - From virtual pets to India’s first bitcoin startup: How Unocoin changed the crypto game in India

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A VC Told Him He Had a Billion Dollar Idea. He Stayed Niche Instead

The founder of a popular app on why he opted for a smaller, happier business.

Most entrepreneurs would be thrilled if a VC told them they had a billion-dollar idea. Not Winston Chen.

A long-time tech executive in Boston, Chen first came to my attention not for his work but for not working at all. I wrote a story back in 2013 about a year-long sabbatical he took with his family on a tiny Norwegian island in the Arctic. In the midst of that long, dark Nordic winter, Chen had built a text-to-speech app called Voice Dream Reader. When we spoke it was a modest success, helping those with visual impairments and learning differences and supporting the Chen family. Today it's doing a whole lot better.

The original app, as well as related additional products, have won Chen both hundreds of thousands of loyal users and a prestigious award from the National Federation of the Blind.

Continued here


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Today's TradeBriefs Cartoon

Why enabling digital payments is key to SMBs’ survival during COVID-19

Noopur Chaturvedi, Country Head - SMB Businesses, PayU India, describes the role of the company in boosting digital payments for Indian SMBs.

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200% increase in cyber incidents in two months, but not attributable to China: Official

There has been a 200 per cent rise in cyber incidents in India in the last couple of months but there is no evidence that the cases increased due to t..

Digital payments see 23 pc jump in 30 days as India unlocks

A report by fintech platform Razorpay reveals that UPI continued to be the preferred mode and grew 43 percent, while use of cards was up by 40 percent and that of net banking by 10 percent in the last one month.

What Indian start-ups can learn from China to become 'Atma Nirbhar'

Chinese did whatever was necessary to build their own ecosystem, which has now spawned second and third-generation business colossuses like ByteDance (makers of TikTok), Pinduoduo, Meituan and many other companies. Get latest Finance online at cnbctv18.com

Govt wants level playing field for print, digital media with FDI: I B Secretary Amit Khare

I&B Minister Prakash Javadekar says govt will soon announce incentives for films & TV hit by Covid, and will also come out with SOP for film and TV shoots.

Is Reliance Jio Shaping the Future of Digital India?

India's struggle against the COVID-19 pandemic hasn’t stopped the deal making spree at Reliance Industries. As the country slows down, Mukesh Ambani’s con

‘Global Bharat’: SAP’s new tech initiative to make MSMEs globally competitive

The enterprise software maker’s ‘Global Bharat’ programme is designed to enable MSMEs to augment business operations and re-access critical processes that overcome inefficiencies and make them globally competitive by equipping them with digital technologies.

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