Brands
Discover
Events
Newsletter
More

Follow Us

twitterfacebookinstagramyoutube
Youtstory

Brands

Resources

Stories

General

In-Depth

Announcement

Reports

News

Funding

Startup Sectors

Women in tech

Sportstech

Agritech

E-Commerce

Education

Lifestyle

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

YSTV

ADVERTISEMENT
Advertise with us

How PhonePe was back up in 24 hours after outage due to Yes Bank crisis

When the RBI put Yes Bank under a moratorium, its digital partners were also affected, including PhonePe. Here's how it got back up in 24 hours.

How PhonePe was back up in 24 hours after outage due to Yes Bank crisis

Monday March 09, 2020 , 2 min Read

Last week was certainly quite action-packed for the Indian startup ecosystem when the Reserve Bank of India (RBI), in a rare move, put Yes Bank under a moratorium. While this caused nation-wide panic to its customers, the bank's digital partners were also affected, including PhonePe.


But the digital payments major prevailed and almost 24 hours after announcing a downtime due to ‘unscheduled maintenance activity’, PhonePe sprung back with UPI payment service live on its platform. Read more to know how.


Phonepe_Capsule

How SuperZop plans to reach one lakh kiranas

SuperZop founders

SuperZop Co-founders Prithwi Singh and Raghu Allada

Agri-commerce startup SuperZop’s B2B platform connects thousands of kiranas with the dry commodity supply chain. It has grown 10X in a year and wants to expand pan-India.



A new ground opens for innovations in crypto in India

Cryptocurrency

The Supreme Court’s decision to lift the ban on cryptocurrency trading has come as a booster shot for startups, entrepreneurs, and investors to reinvigorate this ecosystem.



Meet the Indian women behind Amazon Alexa

Alexa

Amazon Alexa is everywhere, especially in India. But even as you buy the newest Echo device, did you know these six women are the brains behind the beloved voice assistant?



Story of a VC, a lawyer, and an entrepreneur

Future of Work

Siddharth Pai, Shradha Sharma, Vatsal Gaur

At YourStory's Future of Work 2020, investor Siddarth Pai and lawyer Vatsal Gaur get on a fireside chat with Shradha Sharma to decode startup and funding challenges.



The story of Gunjan Patidar, CTO of Zomato

Techie Tuesday - Gunjan Patidar

Gunjan Patidar, Zomato, CTO

Gunjan Patidar, Chief Technology Officer of Zomato, started as an intern at the company, and went on to build the foodtech unicorn’s core tech systems.



Rise of social commerce startups in India

social commerce startups

Social commerce startups are making merry as rising smartphone usage and low data costs have created a market of millions of first-time internet users in India.



This IAS officer is changing education in Jharkhand

IAS Officer Aditya Ranjan

Officer Aditya Ranjan at one of the model anganwadis

IAS officer Aditya Ranjan is walking the talk when it comes to driving social change by revolutionising the state of education in the Shingbhum district of Jharkhand.



How an electrical engineer built a Rs 150 Cr company

nec

The NEC team

Nitya Electrocontrols (NEC) was started in Noida in 2002 by Prashant Srivastava. Presently, it has three manufacturing units.



Quote of the week:

The biggest question people have is why funding is so tough. It's not tough, it's misunderstood. 
- Asutosh Upadhyay, Axilor Ventures




Now get the Daily Capsule in your inbox. Subscribe to our newsletter today!