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Google ends Apple’s 5-year reign as world’s most valuable brand

Google has dethroned Apple to become the world’s most valuable brand, ending the iPhone maker’s five-year reign at the top. According to Brand Finance’s Global 500 2017 report, Google’s brand value surged as much as 24 percent last year to $109.4 billion. Cupertino-based Apple...

3 February, 2017 |More »


Yatra Q3 net revenue jumps 23% on higher air ticketing sales

Yatra Online Inc, which operates travel portal Yatra.com through its India unit, on Thursday reported higher net revenue and a narrower adjusted operating loss for the quarter through December 2016. Revenue less service cost climbed 23.4% to Rs 134.6 crore for the October-December quarter from Rs 10...

2 February, 2017 |More »


Uber hires former Tata Sons exec Madhu Kannan to drive India business

Ride-hailing firm Uber Technologies Inc said on Thursday it has appointed Madhu Kannan as its chief business officer for India and emerging markets with effect from 3 February. Kannan will be responsible for growing Uber’s business in India and new emerging markets in the Asia Pacific region throu...

2 February, 2017 |More »


Note ban, iPhone 7 drive Apple’s India revenue to all-time high

Cupertino-based Apple Inc. posted an “all-time record revenue” in India in the October-December quarter, the iPhone-maker’s CEO Tim Cook said during a post-earnings call on Wednesday. The Apple chief added the results were especially impressive given “the demonetisation move in I...

2 February, 2017 |More »


Exclusive: Student micro-financing startup SlicePay acquires P2P lender Trustio

Blume Ventures-backed digital payment platform for college students SlicePay has acquired Trustio, a New Delhi-based peer-to-peer lending company, in an all equity deal. The acquisition will help SlicePay expand its team and enhance its product capability, Rajan Bajaj, co-founder and chief executive...

2 February, 2017 |More »


Exclusive: Automated lead generation startup Clodura raises angel investment

Pune-based automated lead generation startup Clodura Systems Pvt. Ltd has raised an undisclosed amount of investment from a high-net-worth individual (HNI), a top company executive told Techcirlce.in. The investment was made by Ajay Dubey, an IIT Kanpur alumnus, who has 36 years of experience with I...

2 February, 2017 |More »


Budget 2017 lacks clarity on educational initiatives, say ed-tech startups

In the Union Budget 2017-18, the government outlined its efforts to digitise education and make it available for all. The startup fraternity, particularly ed-tech firms, is far from impressed. One of the initiatives includes the creation of a Swayam platform, which would allow students to avail of o...

2 February, 2017 |More »

In U-turn, NPCI tells PhonePe to adhere to UPI norms

ICICI Bank allows UPI transactions through Flipkart’s PhonePe

After weeks of confusion and a near-verbal spat between Flipkart’s e-wallet PhonePe and ICICI Bank, the private sector lender has finally allowed UPI-based transactions on the payments app. “The merchant has now adhered to the NPCI guidelines on interoperability by making the necessary corre...

2 February, 2017 |More »


Uber takes on Karnataka govt, says UberPOOL legal

In the ongoing tussle with the Karnataka state transport department, cab aggregator Uber has defended its ride-sharing service UberPOOL, saying it is legal under the current regulatory framework. On Monday, the state transport department instructed Uber and its rival Ola to halt their ride-sharing s...

2 February, 2017 |More »


Why are VCs getting interested in biotech companies?

VCs are getting interested in biotech companies because of many reasons. The biotech sector is brimming with huge growth potential. Flying high on the innovation pedestal, it has the charisma to bring India on the global biotech radar, creating VCs interest to invest in such companies that can provi...

2 February, 2017 |More »


Saavn launches programmatic audio ads for mobile devices in India

US-based Indian music streaming firm Saavn (South Asian Audio Video Network) has announced the launch of programmatic audio advertising for mobile devices in India, in partnership with San Mateo-based ad solutions tech provider AdsWizz and Omnicom Media Group. The move will enable brands to automate...

2 February, 2017 |More »


Budget 2017: Govt could do more for startups earning less than Rs 1 crore

If I were in Mr Arun Jaitley’s place today, I would be looking out for Mr Arun Jaitley! He is good. So is our honourable Prime Minister, Mr Narendra Modi. I don’t have much doubt about the present government’s motives / steps toward energising startups in India. However, what I am not sure is ...

2 February, 2017 |More »


Google ends pilot for Hands Free app, asks users to move to Android Pay

Google Inc. is ending the pilot programme for its payment service Hands Free after almost 10 months of testing the app in the San Francisco Bay Area, the search engine giant said in a blogpost. The app will be shut down on February 8 and all settings and photos on it will be automatically deleted, [...

2 February, 2017 |More »


Budget 2017: BHIM at centre stage, not digital payment startups

Union budget 2017 has clearly put the spotlight on digitisation, but that hasn’t really got players in the digital payment space excited as they feel the government’s emphasis is on promoting its own BHIM app rather than strengthening the entire ecosystem. In his budget speech, finance m...

1 February, 2017 |More »


Budget 2017: Govt goes the whole hog on digitisation

Ever since the Modi government came to power in 2014, union budgets have had a sharp focus on digitisation and infusion of technology in everyday life. With budget 2017, comes as it on the back of a decisive cashless push, the government has indeed gone the whole nine yards—it appears “digit...

1 February, 2017 |More »