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Author Archive ‘ Shruti Jain ’


Jugnoo launches taxi aggregation amid strike by Ola, Uber drivers

SoCoMo Technologies Pvt. Ltd, which runs on-demand delivery services startup and auto rickshaw aggregator Jugnoo, has announced its entry into the taxi aggregation business at a time when key players in the segment are facing drivers’ ire over diminishing incentives and low earnings. “We hav...

13 February, 2017 | More »


Holiday marketplace TravelTriangle raises $10 mn in Series B funding

Online travel agent marketplace TravelTriangle has raised $10 million in Series B funding led by Singapore-based RB Investments. The funding round also saw participation from existing investors SAIF Partners and Silicon Valley venture fund Bessemer Venture Partners. Noida-based Holiday Triangle Trav...

7 February, 2017 | More »


Online lending startup Capital Float raises $2.5 mn from IFMR Capital

Online lending platform Capital Float, operated by Bangalore-based Zen Lefin Pvt Ltd, has raised Rs 17 crore ($2.5 million) from Chennai-based non-banking financial company IFMR Capital Finance and its alternative investment fund by allotting non-convertible debentures (NCDs), a company spokesperson...

6 February, 2017 | More »


Times Internet unveils online insurance platform

Times Internet Ltd (TIL), the digital business arm of media conglomerate Bennett Coleman and Co Ltd (BCCL), has launched ETInsure.com, an online platform through which customers can buy insurance products. The platform will offer insurance plans from seven insurance companies and is starting off wit...

4 February, 2017 | More »


Too Long, Didn’t Read? No problem, bookbhook is here

We live in an era where our attention spans are the size of a needle eye, and that has reflected in our reading habits. Gaurav Gupta, an alumnus of IIM Ahmedabad was quick to spot an opportunity in this social problem and pivoted his hobby of reading into a business. “The future is tl;dr. If [&hel...

3 February, 2017 | More »


Apple set to start manufacturing in Bangalore

Apple India Pvt. Ltd, the local arm of Cupertino-based Apple Inc., is set to start initial manufacturing operations in Bangalore, with the Karnataka government issuing a press release “welcoming the move.” Apple is likely to assemble iPhones at a plant being set up by its Taiwanese manuf...

3 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 »

Register My Marriage secures funding from Mumbai Angels

Register My Marriage secures funding from Mumbai Angels

Delhi-based marriage registration portal RegisterMyMarriage.com has raised an undisclosed amount of funding from angel investor network Mumbai Angels in a seed round. Angel investor Praveen Dubey also participated in the round. The firm will use the funds to expand its registration services to wills...

31 January, 2017 | More »


E-wallets may soon have to insure customers’ money

The government is looking to introduce insurance for transactions done through e-wallets, and it has held three meetings with insurers and mobile wallet companies in this regard, a media report said on Monday. Through new regulations, the government hopes to make it mandatory for mobile wallets to i...

30 January, 2017 | More »

Jyoti Bansal, Founder and Chairman, AppDynamics

Cisco to buy IIT alumnus-founded AppDynamics for $3.7 bn

Networking equipment giant Cisco Systems Inc has agreed to acquire San Francisco-based AppDynamics Inc, an application intelligence software company, for nearly $3.7 billion, in one of its largest deals in the past few years. Founded by IIT Delhi alumnus Jyoti Bansal in 2008, AppDynamics’ cloud ap...

25 January, 2017 | More »