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All You Need to Know About Zcash,The Latest Virtual Currency

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Zcash, all you need to know about Zcash, bitcoin, virtual currency, tel aviv university, technion israel institute of technology, cryptocurrency, banking, know about Zcash, Zcash value, Zcash the virtual currency, startup stories, startup stories india, 2017 most readup stories

The latest virtual currency launched seven months ago, Zcash is attracting many new users. It is gaining popularity by assuring privacy protection to its users like no other of the same type.

After entering into currency trading platforms in October 2016, the exchange rate hit $ 1000 giving a tough competition to the leading cryptocurrency and digital payment system, Bitcoin.

While its value became very low, most of the customers from Russia, China, Venezuela and South Africa are getting attracted to Zcash. Now, Brazilians are using Zcash to pay electricity bills and taxes.

To lead in the virtual currencies arena Zcash, with excessive pride, said that they are protecting the privacy of users and because of that guarantee they are not providing the details requested by the authorities to prevent money laundering, frauds, and financing of terrorism.

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Zcash was developed by researchers at MIT and Johns Hopkins University in the US and Tel Aviv University and Technion-Israel Institute of Technology in Israel.

Zk-Snark is the technology used to develop Zcash, it allows transactions which can’t be traced. The cryptocurrency companies, Dash and Monero offer good privacy to its users, but Zcash managed by Zerocoin Electric Coin Company even hides the origin of a payment.

The virtual currencies are not authorized and maintained by any central banks, they can be created by anyone with a mere profound software knowledge.

Technology experts say, even though Zcash keeps details private, it can be used fraudulently and is vulnerable to hacking.

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Blissclub Raises INR 33 Crore in Fresh Funding Months After Layoffs

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Blissclub, the women-centric D2C apparel brand, has raised INR 33 crore in a Pre-Series B funding round led by Elevation Capital, with Eight Roads Ventures also participating. This funding comes just three months after the company laid off 18% of its workforce-about 21 employees from creative, sales, marketing, growth, and product teams-due to high cash burn and challenges in securing new capital.

The latest investment was made through the allotment of 16,076 compulsory convertible preference shares (CCPS) at a premium of INR 20,428 each. Elevation Capital invested INR 19 crore, securing a 24.5% stake, while Eight Roads Ventures contributed INR 14 crore, raising its stake to 15.79%. The capital will be used for working capital, capital expenditure, and general corporate purposes.

Founded in 2020 by Minu Margeret, Blissclub started as an online activewear brand for women and has since diversified its product range and established offline stores. Despite recent restructuring, the company’s revenue grew 27% to INR 86.9 crore in FY24 from INR 68.3 crore in FY23, though net losses also increased to INR 43.9 crore.

Blissclub’s successful fundraising, despite recent layoffs, underscores both the ongoing challenges and the resilience of India’s D2C startup sector in a difficult funding environment.

 

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India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

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