Why is Paytm India's Top Startup?

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Paytm was launched in 2010 as an Indian start up. The original service of Paytm was to help users to make their bill payments and recharge mobile phones, while earning reward point. In this post we will see the reason why Paytm is considerd the top indian startup and get more details about this startup. What is Paytm? Paytm was founded by Vijay Shekhar Sharma, in Noida with an initial investment of $2 million. Paytm's parent company One97 Communications which is also owned by Vijay Shekhar Sharma was started in 2000 and operates into multiple fields. Who owns Paytm? Paytm has been backed by Jack Maa's Alibaba and Ratan Tata of the infamous TATA Group. Although partially owned by Chinese company Alibaba, Paytm remains an Indian company with majority of stake holders being Indians (primarily Ratan Tata and Vijay Shekhar Sharma himself.  What got Paytm the required boost? Paytm added a lot of features in 2013 and moved from a mobile and DTH recharge service to an online payment pl

How jugaad helped solve bridge problem

In October 2011, as Western Railway raced towards its goal of converting its entire network between Churchgate to Virar to AC, engineers encountered immovable obstacles: bridges.

There are nearly 10 bridges on the route, and engineers realised that their height would have to be increased to create adequate gap between the structures and tracks for a “safe jump” from 1,500 volt DC to 25,000 volt AC.

The 2,500-tonne Sandhurst bridge between Charni Road and Grant Road was particularly a steep challenge. “We needed to raise its height by 32 centimetres. But we realised that even a mistake of 1 centimetre would lead to a collapse,” the official said. “It was the kind of an operation where failure was just not an option.”

To avoid the risk of bringing down one of Mumbai’s busiest road links, Western Railway wrote to the ministry, and secured permission to simply lower the level of tracks under the bridge. The same clever improvisation was used for other bridges during the current conversion process.

At Central Railway, as the number of snags from the ongoing DC to AC conversion are increasing by the day, some of the finest rail engineering brains are back at giving new meaning to the word jugaad.

They have tried shaving off a few inches of the pentograph - the contraption on trains’ roof that draws electricity from the overhead wires - to reduce the incidents of pentographs entangling with the cables. The shape and design of the wires itself are also being worked on to reduce chances of them breaking.

The tweaking has left pentographs and wires with qualities and shapes that are completely different from similar equipment elsewhere in the country. “If we go by a conservative estimate of the amount of money that needs to be put into the city’s suburban system every year to keep it running, the figure would be Rs 3,500 crore. We hardly get Rs 500 crore a year to spend, so we have to come up with such ideas,” said a senior railway official.

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