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Coinsecure offers Rs 2 Cr to recover lost Bitcoins; Tenco brings easy-to-open tender coconuts home

Team YS
15th Apr 2018
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Delhi-based virtual trading platform Coinsecure informed users earlier this week that its Bitcoin funds had been exposed and taken outside of the control of the platform. The amount siphoned off was estimated around 438 Bitcoin valued at almost Rs 19 crore, according to a complaint filed by the company. On Friday, the company said that it will update its customers over the next week on how withdrawals can be requested and processed. it also said it would offer a bounty of 10 percent (almost Rs 2 crore) to the community to help in the recovery of its lost Bitcoins.

Mohit Kalra and Benson Samuel (Co-founders of Coinsecure)
Coinsecure Co-founders Mohit Kalra and Benson Samuel

Every time Manigandan had a craving for tender coconut water, it meant stopping his car and buying them from the roadside. Lack of accessibility and ease of consumption were the hurdles for to make this nutritious beverage popular, and with that idea started Tenco. The company supplies tender coconuts to both offline and online stores. It also has a B2C segment where it delivers tender coconuts directly to a customer's doorstep.

Team of Tenco

Instrek was founded by Sachin Diwakar and Manpreet Singh in 2016. The idea came when they saw people were looking at AR as a service and not as a product or platform. The duo developed an AR platform that could be integrated with existing applications or technology products to give them a new dimension or functionality. The platform AREFRA (AR-Enabled Framework) works on a plug-and-play model and makes a product/service AR-enabled. It helps businesses increase “their immersiveness” and “hand-time” on consumer mobiles.


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