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Sequoia-backed SaaS firm Capillary sees revenue mix swinging to overseas markets

Cloud-based CRM and software as a service (SaaS) company Capillary Technologies Pvt Ltd is using a significant part of the funds it raised last year from its venture capital investors to expand overseas. This is part of the company’s strategy to boost its revenue mix to international markets, a to...

19 June, 2013 |More »

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TripAdvisor acquires New York-based travel mobile app GateGuru

Online travel review and recommendation site TripAdvisor has acquired New York-based GateGuru, a mobile app that provides real-time flight and airport information, for an undisclosed amount. As part of the deal, the GateGuru team will continue to operate from New York City and will now report to Bry...

19 June, 2013 |More »

Parakweet

Social media analytics startup Parakweet raises $2M in angel funding

Parakweet Inc, a startup offering social media analytics, recommendations and metadata to media firms, has raised $2 million in angel funding. The funding was led by a group of investors including Scott Banister, an early investor in PayPal; Alan Braverman, co-founder of Yammer; David Jeske, former ...

19 June, 2013 |More »

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Online movie streaming site Eros Now partners Tappp.com to offer prepaid cards as additional payment mode

Eros Now, the online movie streaming arm of the film studio Eros International Media Pvt Ltd, has partnered with Tappp.com, the digital payment platform of Swissclear Global Pte Ltd, to offer prepaid cards which enable users to purchase Bollywood movies without using their credit/debit cards. These ...

19 June, 2013 |More »

iBall

iBall adds another tablet to its offerings, launches Slide 7334i 3G for Rs 10,499

Homegrown hardware manufacturer iBall has added yet another member to its Slide family of tablets. The new device, called Slide 7334i 3G, runs on the Android Jelly Bean operating system and features a 7 inch display screen. The new tablet is priced at Rs 10,499. Here is a look at the specifications....

19 June, 2013 |More »

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Hike close to hitting 1B instant messages a month; 27% of activity through Hike-to-SMS

Bharti SoftBank, a joint venture between Japan’s SoftBank and Bharti Enterprises, is further upping the game with new features launched on its messaging app Hike. Talking to Techcircle.in, Kavin Bharti Mittal, BSB’s head of strategy & new product development, said that the app, which crossed...

19 June, 2013 |More »

lead

Qualitia provides ‘scriptless’ test automation platform; how it benefits enterprises

Pune-based technology startup Qualitia Software Pvt Ltd has developed a ‘scriptless’ test automation platform – an enterprise-facing solution that helps make test automation fast, reliable and easy. The firm claims that it takes less time, requires fewer skills and costs about 50 per cent l...

19 June, 2013 |More »

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Google challenges US surveillance court on 1st Amendment grounds

Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers of national security requests it receives separately from criminal requests, on First Amendment grounds. In its filing, Google requested the court to allow it to publish the aggregat...

19 June, 2013 |More »

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Facebook reaches 1M active advertisers

Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world’s No. ...

19 June, 2013 |More »

Little1

Excl: Online baby record book Little1 raises under $100K in angel funding

Oneup Ventures Pvt Ltd, the company that owns and operates Little1.in, an online platform that enables parents to record and preserve memories of their children (both online and offline), has raised under $100,000 from Ravi Malik, co-founder of Malik Radix Healthcare, a Delhi-based private nursing f...

18 June, 2013 |More »

AnkurWarikoo

Groupon promotes Ankur Warikoo to APAC emerging markets head, elevates India team

Daily deals site Groupon has expanded the role of the team at Groupon India who will be now entrusted with additional responsibilities dealing with growth in the key emerging markets in the Asia-Pacific region including India, Thailand, Indonesia and the Philippines. As part of the reshuffle, Ankur ...

18 June, 2013 |More »

cloudbyte

CloudByte raises $4M Series B round led by Fidelity Growth Partners; Nexus, Kae also participate

Bangalore and California-based cloud storage firm CloudByte Inc. has raised Series B round of funding worth $4 million, led by Fidelity Growth Partners India, the private equity arm of Fidelity Worldwide Investment. Existing investors Nexus Venture Partners and Kae Capital also participated in the r...

18 June, 2013 |More »

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Huawei launches 6.1 inch phablet Ascend Mate in India for Rs 24,900

After unveiling it at the Consumer Electronics Show (CES) 2013 earlier this year, Huawei has now launched its phablet in the Indian market. The device, called Ascend Mate, has a 6.1 inch screen, runs on the Android Jelly Bean operating system and costs Rs 24,900. Here is a quick look at the specific...

18 June, 2013 |More »

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Accel Partners raises $100M for second Big Data fund

Venture capital firm Accel Partners has raised an additional $100 million fund for investment in Big Data companies. This follows a previous fund with a similar corpus. Accel has also added Anthony Deighton, CTO of QlikTech Inc., and Shlomo Kramer, CEO of Imperva, to the Big Data Fund Advisory Counc...

18 June, 2013 |More »

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Mobile publishing platform MobStac partners with video advertising network Vdopia

Bangalore-based Mobile Motion Technologies which offers a mobile publishing platform MobStac, has partnered with California-headquartered Vdopia Inc, a video advertising network founded by India-born entrepreneurs. The partnership will enable businesses and publishers to mobilise digital properties ...

18 June, 2013 |More »

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