Latest news with #UmeshSingh
Yahoo
3 days ago
- Business
- Yahoo
GivBux Expands Direct-Sales Channel to Increase Utilization of Its Innovative Super App
NEWPORT BEACH, Calif., Aug. 08, 2025 (GLOBE NEWSWIRE) -- GivBux, Inc. (OTC: GBUX), a publicly traded Super App and charitable giving platform, announced today the expansion of its direct-sales channel, bringing its data-based tools directly to consumers through a nationwide network of independent sales professionals. 'Our direct-sales professionals across the continental U.S. are already engaging in local organizational events,' said Umesh Singh, President of GivBux. 'They help introduce the GivBux Super App's powerful, intuitive financial tools to their communities and present the structure of earning rewards and commissions as they build their teams.' The GivBux Super App delivers advanced data analytics and applied AI within a mobile wallet experience. It continues to attract new users who benefit from seamless, secure, and personalized digital payment tools. A talented engineering team versed in big data, AI, and UX design, powers its rapid development — alongside strategic internal process automation that enables an efficient rollout. GivBux operates in the direct-sales arena amid sustained industry growth. The U.S. direct-selling market is forecast to expand at a compound annual growth rate (CAGR) of approximately 5.6% from 2025 through 2034, reaching about $70.5 billion by the end of that period.i Globally, the direct-selling sector is estimated to grow from $194.9 billion in 2024 to $207.0 billion in Well-established direct-sales organizations have achieved long-term success by emphasizing product integrity and fostering supportive, community-focused sales networks. GivBux aims to follow a similar path, prioritizing transparency, delivering a high-quality user experience, and leveraging technology-driven tools that empower both its users and its direct-sales professionals. This direct sales channel underscores GivBux's dual mission: to innovate in mobile finance and to offer meaningful entrepreneurial opportunities. Individuals joining the program will earn commissions based on the activity of those they introduce, creating income potential alongside community engagement — all backed by a product built on cutting-edge technology and ethical design principles. About GivBux, Inc. The GivBux Super App revolutionizes shopping by offering a user-friendly tool to make purchases swiftly and easily at over 100 national retailers, along with an expanding roster of local merchants. Users earn cash back on every purchase, a portion of which can be directed towards a charity of their choice, embodying GivBux Inc.'s commitment to "give back." The GivBux Super App is free to use and available now at Google Play Store (Android) and the Apple App Store (IOS). The GivBux Super App is constantly evolving and adding new enhancements and functionalities, including social networking, e-commerce, banking, messaging, food delivery and transportation. GivBux is forging a new path in ecommerce and charitable giving and aspires to build the largest community of givers, first in the United States and eventually worldwide. For more details and regular updates, visit Forward-Looking Statements This press release contains 'forward-looking statements.' Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by GivBux, Inc. in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. The Company intends that all statements included herein, including those referring to future revenues and earnings, be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. Contact: Umesh Singh, PresidentEmail: ir@ Instagram: X (formerly Twitter): i
Time of India
27-07-2025
- Time of India
Coin-sale fake news lures Odisha, J'Khand, Raj residents to Kolkata
Kolkata: Thousands of people from Bihar, Jharkhand, Odisha , Assam, UP and even far off Haryana and Rajasthan queued up outside the Haldiram's outlet opposite CCFC, not to taste a vegetarian delicacy at thefood court on Sunday. But they were lured by fake videos — shared by social media content creators — promising that they could fetch lakhs of rupees by selling old coins at the banquet hall above. A coin exhibition was underway there. Many had travelled hundreds of kilometers to sell so-called "rare" currencies like 'Tractor Wala notes', 'Genda Chap 4 Annas', 'Mata Vaishno Devi' coins, only to learn that they had been taken for a ride by the YouTubers. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Among those in the crowd was Umesh Singh from Bihar, who had come hoping to sell a few coins for lakhs of rupees that would then fund his daughter's wedding. Ashok Kumar from Dibrugarh, Assam learned from the social media that organisers of the exhibition were buying 10 and 20 paise coins for lakhs of rupees. There was also Dhiren Jain, a senior citizen from north Kolkata, who was jostling for space with the hope that he would mint a fortune. Numismatic Society of Calcutta (NSC), the exhibition organisers, were initially stumped by the extraordinary interest in an annual show that usually attracts only those seriously interested in coins and currency notes. The maximum turnout in the past 40 years was 1,200 people two years ago. But on Saturday several thousands were thronging the gate, even threatening to break it down. "We had to make an SOS call to Karaya PS to manage the situation that was getting out of control," said NSC joint secretary, Vinod Jaiswal. After failing to explain that the information they had was false, the cops announced that the exhibition was shut for the day. It took another hour-and-a-half to disperse the crowd. Around 10 cops led by a sub inspector and 15 volunteers from NSC were deployed to manage the queue that branched out in opposite directions, one towards Ballygunge Phari and the other towards Ballygunge Park Road. "For a few views and petty earnings, fake YouTubers are spreading misleading narratives. We have to start a campaign to counter the spread of fake news," said Jaiswal.
Yahoo
16-07-2025
- Business
- Yahoo
GivBux Confirms Warrant Dividend Progress
NEWPORT BEACH, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- GivBux, Inc. (OTC: GBUX), a publicly traded Super App and charitable giving platform, today thanked shareholders who submitted statements of their holdings in response to the company's special warrant dividend. The company said it is currently reviewing and verifying shareholder submissions and expects to finalize the distribution calculations early next week. The GivBux board of directors approved the warrant dividend on May 21, 2025, and confirmed the action in a Form 8-K filed with the SEC on June 9, 2025. About GivBux, Inc. The GivBux Super App revolutionizes shopping by offering a user-friendly tool to make purchases swiftly and easily at over 100 national retailers, along with an expanding roster of local merchants. Users earn cash back on every purchase, a portion of which can be directed towards a charity of their choice, embodying GivBux Inc.'s commitment to "give back." The GivBux Super App is free to use and available now at Google Play Store (Android) and the Apple App Store (IOS). The GivBux Super App is constantly evolving and adding new enhancements and functionalities, including social networking, e-commerce, banking, messaging, food delivery and transportation. GivBux is forging a new path in ecommerce and charitable giving and aspires to build the largest community of givers, first in the United States and eventually worldwide. For more details and regular updates, visit Forward-Looking Statements This press release contains 'forward-looking statements.' Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by GivBux, Inc. in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. The Company intends that all statements included herein, including those referring to future revenues and earnings, be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. Contact: Umesh Singh, PresidentEmail: ir@ Instagram: X (formerly Twitter):
Boston Globe
15-02-2025
- General
- Boston Globe
Have you seen this pilgrim? Lost in the throngs of the Kumbh Mela.
Advertisement After her bath, as they made their way through the crowds, Devi lost sight of her husband, Umesh Singh. Gone, with him, was her pouch. Confused and scared, Devi, 65, wound up at the festival's lost-and-found center, part of the immense temporary infrastructure that attends to the faithful's earthly needs as they perform rituals intended to purify the soul. Over six weeks, from mid-January to late February, more than 400 million people are expected to attend the Maha Kumbh, according to government estimates. It is being held in Prayagraj, in the northern state of Uttar Pradesh, where the Ganges and Yamuna rivers meet. Hindus believe that a third, mythical river called the Saraswati joins the other two there in a sacred confluence. The makeshift metropolis constructed for the event sits on 10,000 acres of land temporarily claimed from the Ganges, whose waters recede at this time of year. The 'ephemeral megacity,' as Harvard University researchers have called it, includes hospitals, pontoon bridges, nearly 70,000 street lamps, thousands of flush toilets, 250 miles of steel-plank roads resting on the silty river bed, and tents running from the modest to the luxurious. While bathers may walk away free from sin, they can still make a wrong turn. That may explain how Devi found herself seeking help from lost-and-found volunteers. They had little information to work with. Her husband was taller than her and two years older, Devi said. He had tanned skin and was dressed in a sweater in the same mint green shade as her headscarf. Advertisement She did not know his phone number — which was why she had written it on the scrap of paper, the one she had not retrieved after her bath. 'They said he will come,' Devi said the volunteers had told her. 'What else will they say?' The state and central governments are spending hundreds of millions of dollars to ensure the safety of Kumbh Mela pilgrims, an undertaking whose immense challenges became clear last month when 30 pilgrims died in a stampede as they rushed to bathe in the river. Crucial to the safety effort are the lost-and-found center and its 10 field offices. They are a place of hope and despair, as devotees show up by the thousands every day to report missing persons and, sometimes, lost objects. Attendees can use the public address system to make their own announcements in their own languages. One evening near the bathing sites, it was a nonstop frenzy — people seeking lost siblings, parents, cousins, children and spouses. One person was looking for his dropped army ID card. Mani Jha, the project manager for the center, said the largest number of reported cases came from around the sites where people do their bathing rituals. 'When the devotees go for their holy dip, naturally there is so much rush,' Jha said. 'When they come out, there is a rush of fresh devotees, so they have to move out.' In an instant, people can become separated. Others fall down and get left behind amid the mess of orphaned slippers and discarded shirts. Advertisement Many of the pilgrims are from rural areas and not used to large crowds. Some are poor and do not have their own phones. They sometimes 'start to panic and weep' as they try to figure out 'where to go, whom to ask, what to do,' Jha said. Police officers and volunteers from nonprofits console them and bring them to the nearest lost-and-found office. Once someone reports a person missing, workers feed as many details as they can into a computerized system that uses facial-recognition technology. The information is shared with police and other offices and also announced over the public address system. Those who are found are put up in a hall lined with beds made of cardboard boxes. This year, they were donated by Amazon and feature its logo prominently. In 2019, when a smaller event known as a 'half' Kumbh was held in Prayagraj, the lost-and-found center handled 39,000 cases, Jha said. Most were solved, he added. 'Reunions are very emotional moments,' Jha said. 'You yourself get emotional when a situation like that happens.' One recent morning, Tara Chand Bhat and his wife, Shanti Devi Bhat, were looking for her mother. They had become separated while watching the religious parades. An entire day passed. The Bhats slept on the ground as they awaited news. The next afternoon, lost-and-found workers informed the couple that Shanti Devi Bhat's mother was in a holding area. She had been there all morning, waiting for her family to take her home. A few days later, Sudesh Sharma, 58, paced around a bathing platform for four hours before being directed to the lost-and-found center with her husband. They had lost track of her two sisters after their holy dip. Sharma's sisters had nothing but their bathing garments — no money, no phone — and they did not know her phone number. Advertisement Sharma was impatient to be reunited with them. 'I do not know what is happening,' she said. 'The government is spending so much money, can't they help people?' When Sant Ram, 56, arrived at the lost-and-found center, he was clad only in his underwear. He, too, had lost track of his family after his sacred bath. The rest of his story was also familiar: His wife had his bag, and it contained his phone and his money. He did, however, know his son's telephone number. A police officer lent him a phone, and his family was soon on its way to meet him. The officer also gave him an undershirt to put on. Draupadi Devi, the pilgrim who had left her pouch with her husband, Umesh Singh, was reunited with him after about five hours. She had given the lost-and-found volunteers the name of her village and its former headman. They tracked him down. He happened to have the phone number of her husband's nephew, whom he called. The nephew then called Singh and directed him to the center. Singh said his reunion with his wife had been delayed. While he had given her formal name to be announced on the public address system, she had provided only her nickname to the lost-and-found volunteers, and they could not match the two. 'I scolded her that you put me in difficulty,' Singh said. 'But whatever happened, has happened.' This article originally appeared in Advertisement
