building

10M Users Achieved: Jagat, the Social Network Emphasizing Physical Connections, Hits Milestone

Jagat App 1
The location-based social network, which launched earlier this year in March, wants to help people focus on real-life connections and make friends. Jagat is somewhat similar to Snap-owned Zenly, a social map app that shut down last year. Your social map is what you see when you open Jagat, as it’s where you see your friends’ locations in real-time. “We want to bring back social in social apps – focusing on social networking and not media,” Beagen said. Around 85% of Jagat users are part of GenZ.

“Revolutionizing Banking: Hyperplane’s Mission to Implement AI”

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The general idea here is to help banks use their first-party data to build personalized experiences by predicting user behavior. The company is already working with about a dozen banks in Brazil and has not set its sights on expanding to the U.S. as well. And while Hyperplane is currently solely focused on the world of banking, over time, the team plans to bring its technology to other verticals, too. At its core, Hyperplane provides these banks with the APIs to build these personalization models on the fly. “The Hyperplane Cloud can scale across markets with little effort, and we”ll soon announce our first partnerships in the U.S.”