Friday Feb 09, 2024
Xensam Raises $40M for AI Software Asset Management, Indian Panel Flags PhonePe and Google Pay Dominance
Xensam secures $40 million for AI-driven software asset management. Indian parliamentary panel raises concerns over PhonePe and Google Pay's dominance in UPI payments. Plus, SoftBank benefits from Arm's gains and Ring increases subscription prices for its basic plan.
Sources:
https://techcrunch.com/2024/02/08/bootstrapped-for-8-years-xensam-has-now-snapped-up-40m-for-ai-that-manages-software-assets/
https://techcrunch.com/2024/02/08/indian-parliamentary-panel-red-flags-phonepe-and-google-pay-cornering-83-of-india-upi-payments/
https://techcrunch.com/2024/02/08/arms-gains-are-softbanks-gains/
https://www.theverge.com/2024/2/8/24066592/ring-video-doorbell-security-camera-subscription-price-increase
Outline:
(00:00:00) Introduction
(00:00:43) Bootstrapped for 8 years, Xensam has now snapped up $40M for AI that manages software assets
(00:03:12) Indian parliamentary panel red-flags PhonePe and Google Pay cornering 83% of India's UPI payments amid Paytm clampdown
(00:05:34) Arm's gains are SoftBank's gains
(00:08:07) Ring is raising the price of its cheapest subscription plan by 25 percent