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Author Archive ‘ Team Techcircle ’

SEBI mulls easier norms to help startup listing platform take off

Friday, July 29, 2016 | More »

The Securities and Exchange Board of India (SEBI) has proposed a raft of changes in its institutional trading platform, better known as the startup listing platform, to make it attractive enough for firms to consider going public in India. In particular, the securities market regulator has proposed ...


MakeMyTrip hotel bookings jump four-fold in Q1 but losses climb

India’s largest online travel agency MakeMyTrip Ltd has reported 54.5% rise in net revenues (62.6% in constant currency) for the first quarter over the year-ago period powered by sharp jump in hotels & packages bookings. The NASDAQ-listed firm’s net revenues rose to $58.86 million fuelle...

27 July, 2016 | More »


Apple’s India sales continue to surge as iPhone battles global slump

India has emerged as one of Apple Inc.’s fastest-expanding markets and the company is looking forward to open retail stores in the country to accelerate growth, CEO Tim Cook said after the iPhone maker posted a drop in quarterly revenue and profit. “In the first three quarters of this fi...

27 July, 2016 | More »


Jabong parent ups fundraising round by $33 mn

Global Fashion Group (GFG), the parent of loss-making Indian fashion portal Jabong, has added €30 million ($33 million or Rs 222 crore) to its latest fundraise to take the total amount secured from its existing investors to €330 million ($364 million). Germany’s Rocket Internet SE invested €...

22 July, 2016 | More »


Online hotels aggregator Treebo raises $16.7 mn led by Bertelsmann

Bangalore-based Ruptub Solutions Pvt. Ltd, the operator of online budget hotels aggregator Treebo Hotels, has raised Rs 112 crore ($16.7 million) in its Series B funding round that was led by Bertelsmann India Investments, the strategic investment vehicle of international media company Bertelsmann. ...

22 July, 2016 | More »


Yatra.com to list on NASDAQ via reverse merger with US-based firm

Online travel agency (OTA) Yatra has entered into a reverse merger agreement with an American special purpose acquisition company (SPAC) paving the way for a back-door listing of the second Indian OTA in the US. It’s bigger peer MakeMyTrip had gone public on NASDAQ in 2010 through a regular in...

14 July, 2016 | More »


Indian Startups in Urban Transport: What can Ola learn from China’s Didi Chuxing?

Recently, Uber’s chief rival and market leader in China Didi Chuxing closed a $4.5 billion round of funding which included Silicon Valley major Apple Inc contributing to the tune of $1 billion. Late last year, Didi Chuxing along with Ola, Lyft and a few other taxi platforms decided to enter into a...

5 July, 2016 | More »


Don’t miss out insights on mobile monetisation strategies; register now for News Corp VCCircle Mobile Forum 2016; last few seats left

The 5th edition of News Corp VCCircle Mobile Forum to be held on June 30, 2016 at The Westin, Gurgaon is set to explore the various mobile monetisation strategies and their impact on the rapidly expanding mobile ecosystem. With mobile fast becoming the go to platform for business transactions, creat...

29 June, 2016 | More »


Supreme Court dismisses petition seeking ban on WhatsApp

The Supreme Court on Wednesday dismissed a petition seeking a ban on messaging app WhatsApp. A public interest litigation (PIL) filed by a Haryana-based Right to Information (RTI) activist Sudhir Yadav had claimed that WhatsApp and other messaging apps were helping terrorists by encrypting the messa...

29 June, 2016 | More »


Which mobile businesses are drawing investors’ attention? Know more @ News Corp VCCircle Mobile Forum

With mobile gaining traction and becoming the go to platform for business, adopting a lucrative and effective monetisation strategy holds the key to a successful and scalable mobile business. Given the diversified business models and services being brought forth on the mobile platform, monetisation ...

27 June, 2016 | More »

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