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Meet The 45 Startups Shortlisted For InTech50 2016 Edition
InTech50, the flagship event of iSPIRT & Terenne Global Leadership Network, has announced the list of winners for its first, second and third batch of InTech50 2016. These startups have been...
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Xiaomi Makes Its First India Bet; Leads $25 Mn Round In Hungama
Indian digital media entertainment company, Hungama, has raised $25 Mn in a funding round led by smartphone company Xiaomi, along with existing investors Intel Capital, Bessemer Venture Partners, and...
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Amazon India Doubles Authorised Capital To $2.4 Bn
In order to grab the largest share in the ecommerce marketplace in India, Amazon India has almost doubled its authorised capital to $2.4 Bn (INR 16,000 Cr), exceeding its capital commitment of $2 Bn...
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Carpooling App Orahi Acquires Odd-Even.Com
Creator of odd-even.com, Akshat Mittal, has sold his company to Gurgaon-based carpooling app Orahi for an undisclosed amount. With this, Akshat will be a part of the company’s technical advisory board...
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Yes Bank Signs MoU With T-Hub To Set Up Center Of Excellence For Fintech...
YES Bank has signed a Memorandum of Understanding (MoU) with T-Hub, a technology incubator set up by Telangana government, to set up a centre of excellence for startups in fintech space. Under the...
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Ola Launches E-Rickshaw Booking On Its App
In a bid to provide last mile connectivity to its commuters, transportation aggregator app Ola has introduced the booking of e-rickshaws on its platform. Prime Minister Narendra Modi, who will launch...
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DTDC Picks Up 20% Stake In Shipsy For $1 Mn
Courier delivery company DTDC Express has picked up 20% stake in Gurgaon-based Llama Logisol Pvt Ltd, which owns and operates on-demand logistics service provider Shipsy. The deal size is marked at...
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Flipkart To Boost Reach In Non-Metro Cities, Launches Mobile Site On Uc Browser
Online marketplace Flipkart, that re-launched its mobile site by the name ‘Flipkart Lite’ in November last year, has launched its mobile site on UCWeb’s flagship product UC Browser. UC Browser is...
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Philips Plans To Set Up Venture Fund For Indian Healthtech Startups
Monitoring the growth of Indian startup ecosystem, electronics and healthcare company Philips is planning to set up a venture fund to invest in Indian health tech startups. Jeroen Tas, who currently...
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Doordarshan To Offer DD Channels On Smartphone Without Internet
Public Broadcaster Doordarshan has availed free offline service that will allow its users to watch DD channels on the smartphone without any internet connection. In a statement, the broadcaster said...
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Villgro Invests In Mobile Based EdTech Startup Vahan
Chennai-based social business incubator, Villgro, has invested an undisclosed amount in mobile-based education startup Vahan. Founded in 2015 by Madhav Krishna, Vahan is a mobile education platform...
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As Amazon Adds Two More CEOs, Jeff Bezos Gets His Wingmen
In one of his interviews, Jeff Bezos, founder, and CEO of Amazon.com, mentioned that there is a succession plan in place for him and for all of his senior executives.Yesterday, in a blog post, Bezos...
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Uber Driver Shot Dead By Two Teens In Delhi
An Uber driver was recently shot dead by two teen passengers. The incident took place in New Delhi. Delhi Police and Uber have confirmed the development. According to reports, the driver had an...
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News Roundup: 11 Startup Stories You Don’t Want To Miss This Week [4 April –...
Facebook has introduced a local services website in India to help customers discover the best-rated service providers in their vicinity. The website works on the hyperlocal model, where services are...
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Movers And Shakers Of The Week [4 April – 9 April]
Jeff Bezos, founder, and CEO of Amazon.com, announced Jeff Wilke as the CEO of Worldwide Consumer, Andy Jassy as the CEO of Amazon Web Services and Jeff Bezos remains the CEO of the company. Bezos said...
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Funding Galore: Startup Fundings Of The Week [4 April -9 April]
This week 12 startups raised about $34 Mn in funding altogether (the funding amount is based on the startups that disclosed their funding amounts). Startup That Raised Funding This Week Imedilane:...
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Now It’s The Japanese Ecommerce Firm Rakuten To Route India For Business
The Indian market has always been lucrative for the international players. After Chinese ecommerce giant Alibaba, it’s Japan’s largest ecommerce company and Viber chat owner, Rakuten, that is planning...
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Kraftly To Connect Its Sellers With Buyers On Instagram; Launches InstaKonnect
Delhi-based mobile O2O marketplace Kraftly has launched ‘InstaKonnect’, a feature for its sellers to connect directly with its buyers, on Instagram. Instagram is an online mobile photo-sharing,...
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Micromax, Transerv & Visa Join Hands To Offer Mobile Payment Solution
Micromax has recently announced its plans of shifting its focus from handset maker to a company focusing on services ecosystem.It has also announced a strategic partnership with TranServ and Visa. The...
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Muses Marketing Signs Definitive Document To Merge With AdOnStream
Gurgaon-based marketing and advertising agency Muses Marketing Pvt Ltd has merged with an online branding agency AdOnStream Services LLP. The value of the merged entity is estimated to be at $2 Mn....
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