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Author Archive ‘ Sainul Abudheen ’

Excl: Accel & Helion invest under $3M in collaboration tools startup Grid Ants

Tuesday, September 2, 2014 | More »

Mumbai-based Grid Ant Technologies Pvt Ltd, which offers an Operating System (OS) called Cubeit that allows users to collaborate across multiple devices, has received under $3 million in seed funding from Accel Partners and Helion Venture Partners, sources privy to the development old Techcircle.in....


FreeCharge raises $33M in Series B from Sequoia, Sofina, ru-Net

Mumbai-based Accelyst Solutions Pvt Ltd, the company behind FreeCharge.in, an online platform for recharge, utility payments, promotions and couponing, has raised $33 million in its Series B round of funding from existing investor Sequoia Capital, with participations from Belgium-based investment c...

2 September, 2014 |More »


Affle acquires mobile app development & ads platform Appstudioz

India and Singapore-based D2C Inc, which operates under the brand name Affle, a mobile apps & ads as a service (MaaS) platform, has acquired Noida-based Appstudioz Technologies Pvt Ltd, the company behind another MaaS platform Appstudioz. With this acquisition, Appstudioz has now merged with Af...

1 September, 2014 |More »


Flipkart invests in ngpay, to shut down its own payment gateway service PayZippy

India’s largest e-commerce company Flipkart has invested an undisclosed amount in ngpay, a mobile payment gateway platform owned by Bangalore-based JiGrahak Mobility Solutions Pvt Ltd. “Payment is core to Flipkart and we see this partnership giving rise to the largest mobile payments brand in...

1 September, 2014 |More »

Ant Farm

A look at the three new startups picked for Ant Farm’s incubation programme

Mumbai-based Ant Farm, a startup platform set up by former Times Internet (TIL) CEO Rishi Khiani, has picked three new startups for its incubation programme. Set up in November 2012 by Khiani, Ant Farm is a hybrid startup platform that brings together people, helps in ideation or scaling up an exist...

29 August, 2014 |More »


E-learning company for professionals Simplilearn looking at break-even by March

Bangalore-based Simplilearn Solutions Pvt Ltd, the company behind Simplilearn.com, an online education and training destination for professional certification courses, is planning to train 5 million participants in the next five years across the world, according to Krishna Kumar, CEO & founder o...

29 August, 2014 |More »

Mohit Hira

Hungama Digital CEO Mohit Hira quits, to launch own digital venture

Mohit Hira, CEO of Hungama Digital Services (HDS) and senior VP & head of digital unit at JWT India (the majority shareholder in HDS), has quit the company. Hira was promoted to the CEO’s post in January this year. Till then, he was a director at HDS in a dual role within JWT. Hira is [...]...

29 August, 2014 |More »


Google testing drone-based delivery of goods in Australia

Technology giant Google Inc is testing delivery of goods using drones (unmanned aerial vehicles), the company announced in a blog post. Under the new project, called ‘Project Wing’, the company is delivering a few light-weight items such as candies, water and medicines to two farmers in Queensla...

29 August, 2014 |More »


Excl: August Capital Partners invests in Singapore-based online healthcare startup MyDoc

Singapore-based MyDoc Pvt Ltd, the company behind MyDoc, an online platform that connects patients with healthcare providers, has secured an undisclosed amount in funding from August Capital Partners, Sameer Narula, managing partner of the Singapore-based VC firm, told Techcircle.in. The startup wa...

28 August, 2014 |More »

Mahesh Bhalla

QwikCilver ropes in Mahesh Bhalla from Dell as president

Bangalore-based QwikCilver Solutions Pvt Ltd, the company behind the multi-brand gift card store Giftbig.com, has appointed Mahesh Bhalla as its president. In his new role, Bhalla will look to drive the firm’s growth, QwikCilver said in a statement. An alumnus of Institute of Management Technology...

28 August, 2014 |More »

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