Drivezy Raized Funds Adding Bitcoin To Bufffet

 

Drivezy Raized Funds Adding Bitcoin To Bufffet

Drivezy an India based firm Y-Combinator-backed car sharing company got funding of Rs 65 crore. The company is encouraging investors & accepting btc payments on their platform. In total the company has raised the amount of total $16.5 million which Rs 107 crore different sources. A Japanese and an American firms invested staright away $ 5 Million in Drivezy. Ashwarya Singh – CEO , Drivezy told meida that they had just begun accepting bitcoin payments & they have noticed Aprrox 160 transactions had been made so far. In this context Drivezy is at fast pace to accept Btc. The company is planning new initiatives to enhance the operation base in India. They are launching new cycle rentals from next month onwards, as well as operations for all categories of  vehicles. Aishwarya Singh announced “ We will be soon initiating cycle rentals in Bengaluru by the end of this month. We are also planning to launch operations (for cars and bikes) In different cities across India –i.e. Kochi, Udaipur, Chennai and Hyderabad next.“

To Enable Bitcoin Drivenzy Ventured With Uncoin

This initiative to accept btc payments with growth of company clearly show a shift to bitcoin acceptance with other car-related startups too. For example Uber just introduced a pro-btc. Company CEO who previously worked for Expedia the company which was deeply involved with Car Sharing. Adding to it is possible that Uber could also bring on bitcoin as payment option .Many Independent Uber drivers are interested in btc and already exploring this option. The company has ventured with Unocoin to make the bitcoin transactions streamlined. The company also initiated an ICO for Drivezy.

India’s Government Agencies Have doubt About Bitcoin operations

India’s Government Agencies Have doubt About Bitcoin operations

I think we are not still comfortable statement given by Sudarshan Sen, Executive Director at the Reserve Bank of India (RBI). Based on this statement, the Indian media reported that India’s income tax agency is concerned & strong doubts related to Black money , money laundering and illegal transactions. It seems There are serious issues with huge investments flowing into the form of  cryptocurrency. Stated by a senior tax department official. However , an Indian central bank official clarified to the press on September 13 that th Indian government agencies still feels daisy about bitcoin. Indian Officials Concerned With How btc Operates

Measures to be followed

What do you think about India’s officials stating about their doubts on cryptocurrency. There are concerns on the menthdology btc operates. Some unaccounted or black money could be flowing in the form of cryptocurrencies – stated by the source familiar with this matter. According to an Indian media agencies government agencies are in the country have concerns about illegal activities. Illegal activities could be tied to btc in India. An unnamed media agency stated that the SIT taskforce is currently working on a report about these concerns, and the final draft should be completed by the end of this month. “The Indian  economy is thriving and struggling with decentralized btc operations . In metropolitan towns like Delhi, Bengaluru and Mumbai, there are a large number of existing and upcoming bitcoin & crytocurrency talks. Actually that are running through the temperature controlled rooms 24 x 7 /365 days. Now Hereby explained by Unocoin. The company stated that Indian Bitcoin transactions have increased exponentially in huge ratios. By the end of 2016 -17 our country had over 500 bitcoin-accepting businessman. The huge number of our  domestic Indian bitcoin investors is increasing exponent at 2,500 a day claimed Unocoin comapany. Meanwhile Unocoin also said it does not know that if BTC will obtain legal status or not, it may be noted that btc are not required to banned in India. Now Indian residents and Bitcoin startups will have tobear with &  continue operating within the legal uncertainty until the government and the RBI come to a decision. India’s Government Agencies Still Have strong doubts & Concerns About Bitcoin. After the RBI director’s statements