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Facebook Embroiled In Yet Another Controversy

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Facebook Embroiled In Yet Another Controversy,Startup Stories,2018 Technology News,Startup News India,Facebook CEO Mark Zuckerberg,Cambridge Analytica data leaks issue,Facebook Controversy,Facebook Data Leak Controversy,Facebook Embroiled Controversy

Just days after Mark Zuckerberg appeared in front of the Senate, our favourite CEO seems to have gotten himself involved in yet another controversy. The two days of hearing confirmed that Zuckerberg would make sure the Cambridge Analytica data leaks issue would be resolved as soon as possible. While this may have temporarily satiated the growing unrest faced by Facebook, a seemingly off handed made by Zuckerberg sparked off yet another serious issue.

Zuckerberg while responding to U.S. Representative Ben Luján sparked another controversy, as he revealed, “For security reasons, Facebook also collects data of people who have not signed up for Facebook.” While the concerns over the security of WhatsApp’s payment based data appear to be settling down, Facebook’s scenario is different. The matter seems too deep to settle down.

Clarifying the issue, Zuckerberg made a statement saying, “When you make a payment, WhatsApp creates the necessary connection between the sender and recipient of the payment, using Facebook infrastructure. We pass the transaction information to the bank partner, which is called a PSP (payment service provider) and to the NPCI (National Payment Corporation of India,) so they can facilitate the movement of funds between the sender’s and receiver’s bank accounts.”

Furthermore, WhatsApp said it does not divulge all the data revealed by the users and said in a statement, “In some cases, we may share limited data to help provide customer support to you or keep payments safe and secure.” While this may seem like a tender coating on a serious issue, the controversies just seem to keep increasing for Zuckerberg. During the two days Congressional grilling session, it became very apparent that Facebook is primarily owned by the founder.

Thanks to the firm’s stock structure, its public investors, even those with $1 billion (£ 70 million) holdings, do not have much say on the company’s future. So far, the investors haven’t raised their voice over the structuring of the shares. However, with the Cambridge Analytica issue blowing up in his face like it has, the time is now ripe to on the tyranny that has become Zuckerberg. By the looks of things, however, it seems the eccentric founder isn’t ready to give up control just yet. Now, only time will tell about the online social media’s platforms future.

 

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₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide

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Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.

The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.

This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.

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Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026

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Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.

These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.

For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.

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D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes

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Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.

Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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