On Women’s Day, IIT students launch roll-on that promises to relieve period pain

IIT-Delhi incubated startup Sanfe on Friday launched an offering that promises to make women’s lives easier every month: a roll-on to relieve period pain. Launched on International Women’s Day, the Sanfe Period Pain Roll-on will allieviate menstrual cramps and ease mood swings.

The essential oil-based roll-on is naturally formulated and has been medically tested and FDA approved. Sanfe Period Pain Relief Roll-On, available in 10 ml bottles, costs Rs 10 for a single use.

Sanfe was co-founded by Archit Agarwal and Harry Sehrawat, third year BTech students at IIT-Delhi. The roll-on was developed by them with the help of their professor, Dr Srinivasan Venkataraman.

Sanfe
Archit and Harry at the launch of the Sanfe Period Pain Roll-on on International Women’s Day.


Also read: At just Rs 10, this pee device makes using public toilets safe, stress-free for women


“Women comprise 50 percent of our population and a significant portion of this population experiences pain and cramps during menstrual period. Therefore, this becomes an important problem to solve,” said Srinivasan, a Professor of the Department of Design.

Archit and Harry previously launched Sanfe Stand & Pee on World Toilet Day, last year. The device enables women to stand and urinate, preventing Urinary Tract Infection (UTI) infections from unhygienic public washrooms.

Menstrual cramps often come in the way of women’s daily routine and companies have been developing feminine products to fight this. Brands, including Peesafe and Sensur, have also launched roll-ons to ease menstrual cramps.

Archit and Harry’s eureka moment was when one of their friends complained of not performing well in the semester exam, due to period pain.

“We realised that period pain forces over 40 percent of women to miss their daily routine. Motivated by this, we started working on a solution to relieve women from menstrual cramps,” the duo said.

They spent seven months on Research & Development. “We don’t want women to suffer because of a natural body function. We figured this problem and designed the roll-on,” said Archit, a BTech Textile Technology student.

[“source=yourstory”]

ET Money logs Rs 2,000 crore in mutual fund sales on app

et-money-etonline
The app has added multiple features to become a full-service financial services provider on the phone over time.
NEW DELHI: ET Money has clocked Rs 2,000 crore of mutual fund sales on its app, registering a nearly twentyfold increase in sales of the financial product over the past fifteen months.

The online financial services platform had started offering investors the choice to invest in direct mutual funds a few months ago and has witnessed exponential growth ever since.

“The growth in value of transactions is due to the pace at which we have launched innovative offerings for the customer and the addition of direct mutual funds to our platform,” ET Money’s chief executive officer Mukesh Kalra said. ET Money’s ability to provide customers a wide range of solutions, including loans to meet short-term funding requirements had increased the platform’s credibility and users confidence in the app, according to Kalra.

The Times Internet-backed company started operations two years ago as an app that linked into the user’s SMS log and enabled him/her to maintain a roster of monthly expenses. It has added multiple features to become a full-service financial services provider on the phone over time. Times Internet is a subsidiary of BCCL, the publisher of this newspaper.

Within a short span of time, ET Money has struck collaborations with over twenty asset management companies to offer a range of over 1,000 mutual fund schemes. It also has a tie-up with RBL Bank to provide loans to customers and recently introduced a liquid fixed deposit scheme that offers higher interest rates in comparison to traditional savings accounts.

“We are aiming to grow to Rs 5,000 crore of mutual fund transactions in the next 12-18 months,” Kalra said, expressing confidence that the movement towards investments in financial assets by people who have disposable incomes will create the right conditions for his business.

Over the last 18 months, ET Money has introduced a slew of industry-first offerings like SmartDeposit with Instant Withdrawal, Paperless KYC, One-tap Portfolio Buys, SIP Registration without First Installment and Option to Skip SIP Installments.

It has also launched a unique feature to enable existing investors save agent commissions on their existing mutual fund investments by instantly allowing them to switch to direct plans.

With an aim to play an integral role in a modern Indian’s financial life, ET Money has expanded its offerings providing instant personal loans through its app along with Insurance products via ETInsure. This has helped to grow it’s total transactions across all services to an annual figure of over Rs.2,100 Crores which is growing at 200% every six months, the company claims. The ET Money app is available on Android or iOS.

[“source=economictimes.indiatimes”]

Now Paytm Money users can track all their mutual fund investments on its app; claims over 1 million customers

Mutual Fund, Mutual Fund Performance In 2018, Equity Mutual Fund, Large Cap, Mid Cap, Small Cap, ELSS, Top Gainers Fund, Top Losers Fund

Paytm Money claimed of registering over 1 million users within six months of launch.

Popular online payment platform Paytm has said that its users would now be able to track the performance of their mutual fund investments on its subsidiary portal Paytm Money for free.

Investors would have to upload their Consolidated Account Statement (CAS) generated via Karvy Fintech on Paytm Money to track their all investments in their portfolio on the Paytm Money app, the company said in a statement.

Paytm Money claimed of registering over 1 million users within six months of launch.

Mutual fund investors putting their money via multiple channels including asset management companies, banks, advisors and distributors don’t get to look at the performance of their investments cohesively under a single platform.

Investors who haven’t invested via Paytm Money app can also track their daily portfolio performance irrespective of their channel or the mode of investment.

“We received many requests & feedback from Paytm Money users to be able to import their external investments to our platform. This assists an investor in keeping track of all investments in one place, further helping in their investment decisions,” said Paytm Money whole-time director Pravin Jadhav.

Paytm Money claimed to have partnered with 34 asset management companies covering over 94% AUM of the mutual fund industry.

Paytm’s mutual fund arm operates from Bengaluru and has a team of over 250 members Paytm Money, which aims to become a full-stack investment and wealth management services company, offer users mutual fund investments starting with Rs 100 via systematic investment plan or lump sum mode.

Recently at the World Economic Forum in Davos, Paytm’s chief financial officer said that the company is looking at expanding to 1-2 more developed markets this year. He told Reuters that the company has already found its footing in Canada and Japan while many of its commerce and financial services businesses have started to generate revenue and profits.

The company is also reportedly planning to expand into lending and credit cards services.

[“source=financialexpress”]

Your apps are spying on you

Awareness around data integrity is improving every day, but are your efforts to shore up your sensitive personal information in vain?

Unfortunately, the answer appears to be yes.

Have you ever had a phone conversation about a brand or product, only to hop onto your browser later that day and be inundated with ads for the same product?

It’s enough to make anyone do a double take, and it’s been the source of an old legend: our phones record our conversations.

In their 2018 study, undergraduate Elleen Pan and doctoral candidate Jingjing Ren set out to test this very theory, analysing over 17,000 of the most popular Android apps.

The result?

9,000 of those apps had the potential to be unfaithful to the user.

While no evidence was found of recorded conversations, the apps in question took screenshots of activity before forwarding them onto third parties.

Oh dear.Oh dear.

That’s just a tad horrifying.

David Choffnes, who was one of two computer science professors who oversaw the study, commented on the findings: “We found that thousands of popular apps have the ability to record your screen and anything you type.

“That does include your username and password, because it can record the characters you type before they turn into those little black dots.”

“We knew we were looking for a needle in a haystack,” Choffnes said, “and we were surprised to find several needles.”

Although the privacy breaches over the course of the study were largely benign, it drives home just how easy it could be for your phone to be exploited for cash.

“This opening will almost certainly be used for malicious purposes, it’s simple to install and collect this information,” said Christo Wilson, the other computer science professor on the research team.

“And what’s most disturbing is that this occurs with no notifications to or permission by users.

“In the case we caught, the information sent to a third party was zip codes, but it could just as easily have been credit card numbers.”

It should be noted that while the study was only conducted on Android apps, the study concluded that iOS apps were likely guilty of similar breaches.

So, how do we combat this betrayal?

Android Q teases new and improved privacy controls

While there’s no quick fix for this loophole, greater app security is a major point of emphasis in the upcoming Android Q release.

In the new edition of the popular OS, a status bar feature displays when sensitive phone permissions are in use and which apps are responsible.

Source: arstechnica Source: arstechnica

Among these fresh features will be a list that displays:

  • Apps by most frequently accessed permission
  • Apps by most permission use
  • Apps that gained recent permission access

This will be a significant upgrade over Android’s current permission screen, which is a simple series of on/off switches.

Other improvements include greater visibility on why apps need certain permissions and GPS services being actively turned off when an app is running in the background.

In theory, these updates should help users make informed decisions around which apps could be up to no good.

[“source=finfeed”]