Tata Digital Puts Super App Launch on Hold
Tata Digital has reportedly put on hold its plans to launch the Super App till there is clarity on the consumer protection rules.
Tata Digital was slated to roll out the Super App later this month in an attempt to catch up with rivals such as Amazon, Walmart-owned Flipkart and billionaire Mukesh Ambani-controlled Reliance Industries (RIL).
The all-in-one e-commerce app combines several services and products offered (by its companies) under a single umbrella which includes consumer durables, food and grocery and financial services, among others.
According to the proposed amendments, a related party or associated firm of an e-commerce marketplace which is directly or indirectly linked to the marketplace will not be allowed as a seller on the platform. The ‘related-party’ clause in the rules is a big impediment because even a last-mile delivery partner of an online marketplace firm can be considered as a related party.
Spice Money Partners with Israel’s Fintech Player for Community-led Rural Lend-tech Platform
Rural fintech player Spice Money has entered into a joint venture with Tarya Group, Israel’s leading fintech player with 70 percent P2P market-share in Israel, to bring Bharat to the fore of the ongoing data-led digital revolution by launching a lend-tech platform targeted towards rural India.
The synergy between Tarya Fintech and Spice Money is targeted to create an innovative, agile, assisted and technologically superior digital lending platform. The JV aims to fill the credit gap in India by offering underserved and under-banked rural India a convenient platform to access credit easily with minimal documentation. This platform will address challenges that have kept rural India financially excluded such as lack of data, limited access and unviable unit economics.
Gartner Names Qlik as Challenger in 2021 Magic Quadrant for Data Integration Tools
Gartner has named Qlik as a challenger in the 2021 Gartner Magic Quadrant for Data Integration Tools. This marks the sixth consecutive year that Qlik has been recognized in the quadrant.
Qlik’s data integration platform, when combined with the company’s analytics platform, delivers the industry’s only end-to-end approach to Active Intelligence, where technology and processes trigger immediate action from real-time, up-to-date and trusted data to accelerate business value across the entire data and analytics supply chain.
Qlik partners with global cloud and platform providers such as AWS, Microsoft Azure and Google Cloud, as well as organizations like Snowflake, Databricks and Confluent in delivering data warehouse automation, data lake automation, streaming integration and SAP migration, with continued expansion with global systems integrators like Accenture, Cognizant and TCS.
