Kolkata-based SastaSundar is an eight-year-old firm with a market capitalization of $125 million at its most recent valuation. Following the acquisition of many e-pharmacy sites by big Indian conglomerates, Walmart-owned Flipkart has become the latest to join the frenzy.
Author: Deep Gautam
Deep Gautam
Deep Gautam is an Editor at Tech Heralds.
Paytm shares plummeted as low as 26 percent in just a day after its stock listing. Paytm’s initial public offering (IPO) on the stock exchange markets was one of the crowning achievements in the company’s transformation from a startup to a prominent payments services platform in India.
Shaktikanta Das is openly advocating the crypto ban. On the other hand, the meeting held under the leadership of Prime Minister Narendra Modi concluded on the note that cryptocurrencies have become unstoppable. So, considering crypto ban is not an option now.
Until now, the central government had not taken a firm stand about the legitimacy and future for cryptocurrency in India. The finance minister Nirmala Sitharaman, during an interview to a leading news portal, had asserted that the central government was looking positively towards adopting modern blockchain technology.
Taproot update focuses on greater privacy and efficiency of transactions, and most importantly, it will unleash the potential of smart contracts, which will dislodge transaction middlemen.