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Bharti Airtel, Axis Bank pushing m-commerce through no-frills mobile banking
Bharti Airtel’s wholly owned subsidiary Airtel mCommerce Services Ltd and Axis Bank have launched the Airtel Money Super Account in a bid to extend banking and payment services to India’s unbanked population via the mobile platform. IT major Infosys is the solution provider in the partnership. N Continue...
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Genpact to buy VentureEast-backed Atyati Technologies
Business process outsourcing major Genpact Ltd has signed a definitive agreement to acquire Atyati Technologies, a technology platform provider for the rural banking sector in India, for an undisclosed amount. The deal is expected to close in 3-4 weeks. VenturEast had invested $2.5 million in Atyat Continue...
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Online classified site Olx launches app for iPad
OLX.com, an online free local classified site, has launched a common app for iPad and iPhone . The Apple app is free for users and is aimed at quick postings of products for sale by individuals. The 3-step process to post an ad on Olx via the app involves uploading a photo and a video [...] Continue...
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SaaS-based startup Freshdesk unveils ‘private’ customer support for businesses on Facebook
Freshdesk, a SaaS-based customer support platform, has announced a new feature that will help businesses integrate traditional customer support with the Facebook messages on the ‘brand pages’. Now customers, who are interacting with companies via Facebook, won’t have to change their support pl Continue...
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Zovi launches ‘live’ feature but can it drive sales?
Zovi.com, a private label e-tailer dealing in apparel and accessories for men and women, has just unveiled a new feature called ‘live’. Through ‘live’ (you will find it on the homepage itself), visitors can see in real time the activities happening on the site. This means they will be able t Continue...
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Education startup Limberlink raises $2M from Accel Partners
Bangalore-based education services startup Limberlink Technologies Pvt Ltd has raised around $2 million from Accel Partners, according to sources privy to the development. Sources also added that the deal was struck earlier this year. In spite of repeated attempts, the company spokesperson could not Continue...
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MediaTek partners with Gameloft to enhance mobile gaming
Taiwan’s MediaTek Inc. and France’s mobile gaming firm Gameloft have announced a global partnership where Gameloft will support all gaming apps on MediaTek’s feature and smartphone platforms. MediaTek has also announced that its latest single chip solution MT6255 will come pre-loaded with As Continue...
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Yebhi.com acquires jewellery portal Stylishyou; Two more acquisitions in pipeline
In tune with its promise to look at smaller e-commerce firms for acquisition, lifestyle and fashion e-tailer Yebhi.com has acquired Stylishyou, an online shop offering fashion jewellery. The deal includes both cash and equity, and Yebhi has also acquired the merchandising team as part of this deal. Continue...
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Ethnic wear e-tailer Cbazaar raises $3.5M from Inventus Capital, Ojas in Series A funding
Cbazaar, an online retailer offering Indian ethnic wear and accessories, has raised $3.5 million in Series A funding from Inventus Capital Partners and Ojas Venture Partners. Launched in 2005, Cbazaar was bootstrapped by founders Rajesh Nahar and Ritesh Katariya, and this is the first round of insti Continue...
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Nimbuzz launches messenger API and Chat Buddy Developer Program
Chat app company Nimbuzz has unveiled its messenger API and launched a new initiative called Chat Buddy Developer Program (CBDP).The CBDP allows developers to build chat buddies across various verticals such as cricket, astrology, shopping, games, news, besides utilities such as ticketing, movie rev Continue...
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VCCIRCLE BLOGS
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- VC Rights: Up, Down, And Know What The F*** Is Going On May 8, 2012 Brad Feld
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