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Uber rides fast; launches UberX services in Kochi

Monday, November 24, 2014 | More »

Global online car hire service major Uber Technologies Inc. has expanded its footprint into Kochi in India. With this, Uber’s total city count in the country has reached 11. The company, which started its operations in India in October last year, is already present in Bangalore, Chandigarh, Chenna...


IAN backs Lanka’s hospitality-focused SaaS startup OMAK

Indian Angel Network (IAN), a national network of angel investors that invests in startups and early-stage ventures, has invested an undisclosed amount in Sri Lanka-based OMAK Technologies Pvt Ltd, a provider of SaaS-based restaurant management and operations solutions. The round also saw participat...

24 November, 2014 |More »


Chat platform Scrollback raises $400K in seed funding from Jungle Ventures, Crystal Horse Investments, others

Singapore- and Bangalore-based Askabt Pte Ltd, which runs the chat platform Scrollback, has raised $400,000 (around Rs 2.47 crore) in seed funding led by Jungle Ventures, with participation from Singapore’s National Research Foundation (NRF) under its Technology Incubation Scheme, Crystal Horse I...

24 November, 2014 |More »

Social app Flipsicle enables users to communicate through pictures, raises $2M in seed funding

While social media platforms like Facebook enable users to communicate using words and posting pictures, contemporary artist Raghava KK has launched a new social app called Flipsicle that allows users to ask questions in words and receive their answers via pictures. “I want to help users see multi...

24 November, 2014 |More »


Doctor appointment booking site Qikwell raises $3M from SAIF

Bangalore-based Qikwell Technologies Pvt Ltd, the company behind the online doctor appointment platform Qikwell, has secured $3 million (over Rs 18 crore) in funding from multi-stage private investment firm SAIF Partners, according to areport by The Economic Times, quoting its co-founder Raghaven...

24 November, 2014 |More »


Online designer jewellery marketplace Velvetcase gets $1M from Chennai Angels, others

Mumbai-based Bodhi Brands Pvt Ltd, the company behind the online designer jewellery marketplace Velvetcase.com, has secured $1 million (over Rs 6 crore) in funding from The Chennai Angels (TCA), with participations from Arihant Patni, co-founder of Nirvana Venture Advisors; and Jacob Kurian, partner...

24 November, 2014 |More »


Excl: Flipkart creates a new six-man tier II team reporting directly to Bansals

Flipkart has not just shuffled its top management with some new hires but has also formed a new tier II management team directly under the co-founders Sachin Bansal and Binny Bansal. The new group includes some of the men who had joined the venture in its early days but some others who were manning ...

21 November, 2014 |More »


Brand Capital backs local search engine Infoline.in

Ahmedabad-based local search service and media company Infoline.in Pvt Ltd (IPL) has secured Rs 6.5 crore ($1.15 million) from Brand Capital, ad-for-equity private investment arm of media giant Bennett, Coleman & Co. Ltd (BCCL). BCCL, which has publications such as The Times of India, Femina a...

21 November, 2014 |More »


Urban Ladder acqui-hires curated marketplace for furniture & home decor BuyNBrag

Bangalore-based Urban Ladder Home Decor Solutions Pvt Ltd, the company behind the online furniture shop Urban Ladder, has acqui-hired BuyNBrag.com, a curated online marketplace for furniture and home decor, from Gurgaon-based Social Scientist E-commerce Pvt Ltd. As part of the deal, Prithvi Raj Teja...

21 November, 2014 |More »


California-based taxi app Flywheel raises $12M in Series C funding; ropes in Junglee founder Rakesh Mathur as its CEO

California-based Flywheel Software Inc., which owns and operates taxi hailing application Flywheel.com, has raised $12 million in its Series C round of funding from TCW/Craton, Rockport Capital and Shasta Ventures. The funds will be invested in expanding the company’s fleet of taxis, as well as fo...

21 November, 2014 |More »

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