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Author Archive ‘ Arti Singh ’


Ex-Apple executive seeks to create a Buzz and a Storm with Android smartphones

Hyve Mobility Pvt Ltd, an Android-based smartphone venture started by former Apple India enterprise head Sharad Mehrotra, has unveiled its first two smartphones – Buzz and Storm. While Hyve Buzz is priced at Rs 13,999, Hyve Storm comes with a Rs 8,499 price tag. The smartphones will be available o...

15 June, 2016 | More »


SVG Media looking to fund, acquire ad-tech startups, says CEO Vij

SVG Media Pvt Ltd, a joint venture between Manish Vij’s Vun Network and Harish Bahl’s Smile Group, started operations in 2006 and is now one of the largest digital media companies in the country. In fact, it says it is set to become the first digital media company in India—after Google and Fac...

14 June, 2016 | More »

(From left) LinkedIn CEO Jeff Weiner, Microsoft CEO Satya Nadella and LinkedIn chairman Reid Hoffman

Microsoft to acquire LinkedIn for $26.2 bn

Microsoft Corp has agreed to acquire LinkedIn Corp for $26.2 billion in a deal that will combine the world’s biggest software maker with the largest global online network of professionals. This is the biggest acquisition by Microsoft ever and is nearly three times as large as the deal to acquire S...

13 June, 2016 | More »


Former Snapdeal CTO Amitabh Misra’s travel-tech venture Gofro takes off

MakeMyTrip-backed travel-tech startup Bona Vita Technologies Pvt Ltd has finally come out of the stealth mode with its platform Gofro.com. Founded by former Snapdeal CTO Amitabh Misra, the Delhi-based startup has launched an online travel planning and booking marketplace for Indians travelling abroa...

10 June, 2016 | More »


Exclusive: Paytm’s payments bank VP Vikas Purohit quits

Vikas Purohit has quit mobile wallet and e-commerce firm Paytm’s upcoming payments bank barely seven months after joining as vice president, a person familiar with the development told Techcircle. Purohit’s last day at the company is this week, the person said, asking not to be named. The reason...

8 June, 2016 | More »


MobiKwik scraps 6% annual profit scheme

Mobile wallet MobiKwik has scrapped a scheme that promised a so-called annual profit to its users after regulatory intervention, less than a week after announcing the offer. Gurgaon-based One MobiKwik Systems Pvt Ltd had only last week announced a plan to offer 6% annual profit to users who maintain...

7 June, 2016 | More »


How iBuySell uses reverse auctions to add a zing to online shopping

For every customer who finally makes a purchase from an online marketplace, there are many more who browse through the site and then walk away. Mobile marketplace iBuySell is trying to change that. Targetted at bargain hunters, the e-commerce platform helps vendors sell their inventory at a rapid pa...

7 June, 2016 | More »


Digital and entertainment startup SillyMonks raises funding

Hyderabad-based digital and entertainment startup SillyMonks Entertainment Pvt. Ltd has raised around $448,000 (Rs 3 crore) from high-net-worth individual Sreenivasa Reddy Musani, it said in a statement. Musani is chairman and MD of Hyderabad-based Ektha Group which operates in real estate developme...

6 June, 2016 | More »


MobiKwik offers ‘profit’ to pique interest among wallet users

Digital wallet company MobiKwik, which last year missed the bus for a payments bank licence, has hurled a googly at its biggest rival Paytm by announcing an “annual profit” for its wallet users. Gurgaon-based One MobiKwik Systems Pvt Ltd, which has about 30 million wallet users and expects to in...

2 June, 2016 | More »


Online pharmacy 1mg raises funds from Swiss investor HBM Healthcare

Online drug marketplace 1mg, operated by Gurgaon-based 1mg Technologies Pvt Ltd, has secured funding from Swiss investment firm HBM Healthcare Investments in an addition to its recently closed Series B round. This is HBM’s first direct investment in a digital health company in India, 1mg said in a...

31 May, 2016 | More »