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Author Archive ‘ Varun Arora ’

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Facebook introduces security keys for enhanced account protection

Social networking giant Facebook Inc., on Thursday introduced an additional option for account protection. Users can now register a USB-based physical key to their accounts, thus allowing them to login via a small hardware, Brad Hill, a security engineer at Facebook said in a blog post. Most users a...

27 January, 2017 | More »

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

FreeCharge rolls out Google Play recharge codes on app, website

Mobile wallet firm FreeCharge said on Wednesday that users can now purchase Google Play recharge codes on its app and website. The codes can then be redeemed on the Google Play Store to buy digital content like movies, games, e-books, Android apps etc., the company said in a media release. Users fir...

25 January, 2017 | More »

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RML AgTech raises $4 mn from existing investor IvyCap Ventures

Mumbai-based RML AgTech Pvt. Ltd, which provides support services to farmers via mobile phones, has raised $4 million (Rs 27.2 crore) from existing investor IvyCap Ventures. The technology firm will use the funds to strengthen its IT backbone and introduce new products and features, it said in a sta...

25 January, 2017 | More »

Priyanka Agarwal & Anshulika Dubey, Founders, Wishberry

Crowdfunding platform Wishberry raises pre-Series A funding

Mumbai-based Wishberry Online Services Pvt. Ltd, which runs and operates crowdfunding platform Wishberry for creative artists, has raised an undisclosed amount in pre-Series A funding led by iSPIRT’s Sharad Sharma. Rajan Anandan (vice president, South East Asia and India, Google), Amit Ranjan (co-...

25 January, 2017 | More »

Pradeep Parameswaran

Uber appoints Pradeep Parameswaran as head of central operations

San Francisco-based ride-hailing company Uber Technologies Inc. has hired former DEN Networks chief executive Pradeep Parameswaran as head of central operations. “We are excited to have Pradeep Parameswaran join Uber India as the Head of Central Operations. Pradeep is passionate about technology-l...

24 January, 2017 | More »

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Samsung blames battery glitches for Galaxy Note7 explosions

South Korean giant Samsung Electronics on Monday said faulty batteries caused its popular Galaxy Note7 handsets to overheat and explode, a glitch that led to one of the biggest-ever recalls in the consumer electronics industry and put a significant dent in Samsung’s brand value. At a press con...

23 January, 2017 | More »

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Meet the six IAMAI-incubated startups that have raised funding

The Internet and Mobile Association of India (IAMAI) said on Monday that six startups incubated at IAMAI-sponsored Mobile10X Apps Hub have managed to raise Rs 9 crore ($1.3 million) in seed funding over the past 10 months. In its first full year of operations Mobile10X has incubated 35 startups at i...

23 January, 2017 | More »

Venture Catalysts

Seed investment platform Venture Catalysts launches incubation programme

Mumbai-based seed investment platform Venture Catalysts (VCats) has launched a three-month-long incubation programme, Catalysts Lab, to nurture early-stage startups. Catalysts Lab will offer startup founders access to a 24-hour co-working office space, cloud credits worth Rs 1-2 lakh, and payment ga...

23 January, 2017 | More »

Sandeep Aggarwal

We haven’t spent any money from last round yet: Droom’s Sandeep Aggarwal

Projections of exponential revenue growth and profitability in the near term, plans of acquisitions and overseas expansion, and ambitions to grab the lion’s share of the market—ShopClues co-founder Sandeep Aggarwal has bullish claims about his second venture Droom, an online marketplace for ...

23 January, 2017 | More »

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China launches $14.6 bn investment fund to support internet companies

China has launched an investment fund worth 100 billion yuan ($14.6 billion) to support internet firms, state-run Xinhua news agency reported. The fund has already raised around 30 billion yuan from state-owned banks and companies out of which 10 billion yuan has been invested by the Industrial and ...

23 January, 2017 | More »