Facebook has announced the launch of the Digital Literacy Library

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As part of its efforts to train 3,00,000 people in India on digital literacy by end of 2018, Facebook has announced the launch of the Digital Literacy Library, a collection of lessons in six local languages — Hindi, Bengali, Tamil, Telugu, Kannada and Malayalam.

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This was announced Facebook’s South Asia Safety Summit where the Ministry of Women and Child Development together with Facebook convened a group of leaders in safety and technology and was joined by over 70 organizations from five countries, including India, Sri Lanka, Nepal, Bangladesh, and Afghanistan.

Everyone deserves to feel safe on Facebook, and we feel it is important that we help people safely navigate the Internet. The launch of the Digital Literacy Library, the child safety hackathon and several offline training programs we run in partnership with local experts, reaffirm our seriousness in combating online abuse. We expect to train 3,00,000 people by end of 2018, and we will multiply these efforts in times to come.” said Antigone Davis, Global head for Safety, Facebook.

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Sugal & Damani, a prominent state lotteries distributor, has decided to vend raffle tickets on mobile phones. The company will roll out its mobile platform (app) ‘Luckykhel’ over the next few days.

No trade can ignore the digital medium. There’ll be 468 million smartphone users by 2021,” says Kamlesh Vijay, group CEO of Sugal & Damani (S&D).

We’d be able to reach out to more customers via mobile phones. Our costs would go down and we’ll be able to sell lotteries round the clock,” Vijay said in an interview.

Chqbook.com has announced the appointment of Sachin Arora as the Chief Technology & Product Officer (CTPO), for the Gurgaon-based financial technology startup. Arora, who is moving on from Amazon, is considered to be an expert in the e-commerce industry and has worked in technology and customer experience roles at multiple organizations including Trilogy, Myntra, and others.

This move can be considered as part of the plan to build a strong user-centric platform for the startup’s financial services that allows customers to explore finance products such as home loans, personal loans and credit cards from over 30 banks and NBFC’s. The curated marketplace also provides customized products for SME and Kirana owners.

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Fintech is at a nascent stage in transforming aspirational India’s dreams into reality. Chqbook’s unique model serves both sides of India – the urban millennial aspirational Indian seeking simplified financial products, and the urban Kirana and SME’s,” said Arora, adding, “I am keen to keep Chqbook’s focus on customer experience as we scale, and ensure that our curated marketplace maximize value and benefit customers.”

Indian cyber security firm Lucideus Monday said it has raised USD 5 million (over Rs 36 crore) in funding, led by Cisco Chairman Emeritus John Chambers.

The funds will be used to expand “with razor sharp focus” its presence in the US as well as existing markets like India, Lucideus CEO and co-founder Saket Modi told.

Insurance startup Digit Insurance has partnered with Xiaomi’s Mi Home Stores to launch a Mi Screen Protection Plan to offer screen damage protection and screen replacement up to two years in a year. The insurance product will be available across more than 50 Mi home stores in the country at a starting price of Rs 399.

The insurance product that we are providing along with Xiaomi is for the most common accident that we all face – Screen Damage. While we are providing this insurance online as well, through this partnership we plan to expand into our new distribution channel where our product will be available for sale in physical stores as well,” said Jasleen.

Myntra on Monday said it has expanded its in-house brands portfolio with the launch of ‘Sztori’, a move that will help the Flipkart-owned company tap into the multi-billion plus-size apparel segment.

Post identifying a white space opportunity in the segment, Myntra set out to design and develop merchandise under a new brand to cater to the category and make wearers look fashionable with multiple style options at affordable prices,” Myntraa said in a statement.

The brand will offer a range of products for men and women in large to 4 times large sizes with prices ranging from Rs 799-1,999.

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