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TaxiForSure founders Raghunandan G and Aprameya Radhakrishna quit

Barely a month and a half after selling their online taxi aggregator TaxiForSure to larger rival Ola, its co-founders Raghunandan G and Aprameya Radhakrishna have left the company. Radhakrishna confirmed the move to Techcircle.in and said Thursday, April 16, was their last day in the firm. Arvind Si...

18 April, 2015 |More »

HealthHiway

Piramal to buy majority stake in cloud-based health information network HealthHiway

Piramal Enterprises Ltd has inked a pact to buy majority equity stake in Health SuperHiway Pvt Ltd, a privately held health information network and analytics firm owned by promoters of India’s top hospital chain Apollo Hospitals Enterprise Ltd, it said on Friday. The firm runs its operations u...

17 April, 2015 |More »

starsports

Cricket World Cup breaks digital viewership records, sets stage for ad spending to shift to apps

With 14 million downloads and a combined audience of 87 million unique users between Starsports.com website and its Hotstar app, it appears India’s sports-viewing has quietly turned the corner when it comes to digital usage. “Success in the last two months has given us confidence that India is...

17 April, 2015 |More »

Helion

Helion on road to raise $300M in tech-focused VC fund; to back up to 25 Indian startups

Helion Venture Partners, an early-to-mid-stage venture capital firm, is raising $300 million (Rs 1,900 crore) for its fourth fund Helion Venture Fund IV, a company spokesperson told VCCircle. The VC firm is still on the road to raise funds and is in talks with both new and existing offshore investor...

17 April, 2015 |More »

IndiaMART

Exclusive: IndiaMART initiates talks with big investors to raise funding for new B2B e-com property Tolexo

IndiaMART InterMESH Ltd, which runs an online B2B platform for small and medium businesses connecting global buyers with suppliers under the brand IndiaMART, has initiated talks to raise as much as $200 million for its recently launched property Tolexo, which enables online transactions, sources...

17 April, 2015 |More »

Anupam Rastogi

Why ecommerce will morph into local commerce in India

It is no secret that e-retail in India has been growing at a dramatic pace. It is expected to reach $22 billion in three years (from a negligible size five years back) after attracting billions of dollars in venture investment. Several unicorns have been created in this space. More than 40 million u...

17 April, 2015 |More »

Techcircle-Startup-2015

Announcing final agenda of Techcircle Startup 2015, featuring entrepreneur stories, insightful interviews and more

Techcircle Startup 2015, slated to be held on April 22 at Park Plaza, Bangalore, is not a typical startup event. It is uniquely structured to meet the needs of more than 200 successful companies, startups of all size and scale, accelerators, mentors, VCs and angels betting on the disruptions and ...

17 April, 2015 |More »

Toppr_EasyPrep

Online test preparation platform Toppr acquires competitor EasyPrep

Mumbai-based Haygot Education Pvt Ltd which runs digital ed-tech startup Toppr.com, has acquired EasyPrep, an online entrance exam preparation platform, for an undisclosed amount, the company said on Thursday. “Toppr’s focus has been on building great products and having EasyPrep team on board ...

17 April, 2015 |More »

Robosoft_logo

Exclusive: Mobile apps & games developer Robosoft raises $12M from Ascent, Kalaari

Robosoft Technologies Pvt Ltd, a third party mobile app developer as well as publisher of its own mobile games, has raised $12 million (Rs 75 crore) in what is a Series B round led by private equity firm Ascent Capital. The round also saw existing investor Kalaari Capital bring in more money, a top ...

17 April, 2015 |More »

Olacabs_logo

Ola raises $400M Series E round from DST, GIC, Falcon Edge & others; valued at $2.4B

Mumbai-based ANI Technologies Pvt Ltd, which runs online cab booking service Ola (formerly Olacabs), has raised $400 million (Rs 2,495 crore) in its Series E round of funding led by Russian investment firm DST Global, it said on Thursday. Other new investors include GIC and Falcon Edge Capital. Soft...

16 April, 2015 |More »

Snapdeal_Freecharge-2

Behind the scenes story of Snapdeal’s FreeCharge acquisition

It all started when Kunal Bahl, co-founder and CEO of Snapdeal, called his namesake, Kunal Shah, co-founder of FreeCharge, for a meeting. Shah, who co-founded FreeCharge along with Sandeep Tandon in 2010, had dealt with Snapdeal executives as part of the business. FreeCharge offers mobile-recharging...

16 April, 2015 |More »

TaskBob_logo

Mobile-only local services marketplace TaskBob raises $1.2M from Orios and Mayfield

Mumbai based startup Crenovative Ideas Pvt. Ltd, which runs a mobile-only home services marketplace under TaskBob, has secured $1.2 million (Rs 7.5 crore) in seed funding led by Orios Venture Partners with participation of Mayfield India, it said on Thursday. The company currently serves in Powai a...

16 April, 2015 |More »

UrbanClap

Mobile-only local services marketplace UrbanClap gets $1.6M from SAIF, Accel & others

Delhi-based UrbanClap Technologies India Pvt. Ltd, which runs a mobile-only marketplace to find local service professionals under the UrbanClap brand, has raised Rs 10 crore ($1.6 million) in seed funding from SAIF Partners, Accel Partners and Snapdeal co-founders Kunal Bahl and Rohit Bansal, it sai...

16 April, 2015 |More »

Rebright-Partners

Japanese VC firm Rebright Partners to step up Indian operations

Tokyo- and Singapore-based venture capital firm Rebright Partners, which  focuses on seed to early stage investing, is looking at ramping up its Indian operations. The firm, which entered the country last year, has roped in Brij Bhasin from startup accelerator GSF to lead its activities in the coun...

16 April, 2015 |More »

Google

Google now helps you find your Android phone

If you misplace your Android phone in the car or leave it somewhere around the house, search engine giant Google can now help locate the smartphone. Using Google search on a desktop, users need to type in ‘Find my phone’ and an approximate location of the device will be shown, Google sai...

16 April, 2015 |More »

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