Excl: Online baby record book Little1 raises under $100K in angel funding

Oneup Ventures Pvt Ltd, the company that owns and operates Little1.in, an online platform that enables parents to record and preserve memories of their children (both online and offline), has raised under $100,000 from Ravi Malik, co-founder of Malik Radix Healthcare, a Delhi-based private nursing f...

Anand Rai

Groupon promotes Ankur Warikoo to APAC emerging markets head, elevates India team

Daily deals site Groupon has expanded the role of the team at Groupon India who will be now entrusted with additional responsibilities dealing with growth in the key emerging markets in the Asia-Pacific region including India, Thailand, Indonesia and the Philippines. As part of the reshuffle, Ankur ...

Sonam Gulati

redBus’ founders to move out as Naspers set to acquire ticketing site for around $140M

South African Internet and media giant Naspers is set to acquire Pilani Soft Labs Pvt Ltd which runs the country’s top bus ticketing site redBus, giving one of the rare multi-bagger exits to its venture capital investors. The news was first reported by The Times of India which said the seven-year-...

Anand Rai

Bangalore-based Amagi Media Labs raises over $5M from Mayfield Fund, others

Amagi Media Labs Pvt Ltd, a Bangalore-based technology and media startup that facilitates geographic targeting of television advertisements, has raised Rs 31.25 crore ($5.3 million) in funding from Mayfield Fund, a global venture capital firm with $2.7 billion under management. Existing investor Na...

Rashi Varshney

Google India introduces product listing ads; will it help Indian businesses?

Google India has introduced a new ad format called product listing ads to enhance one’s shopping experience and highlight merchants’ offerings even more. These ads will appear when one generates shopping-related queries on Google.co.in and display such features as product images, pricing and so ...

Sonam Gulati

Radiowalla launches ‘Radio as a Service’ for FM players

Bangalore-based Radiowalla Network Pvt Ltd that runs Internet radio service Radiowalla, has launched what it claims to be ‘Radio as a Service’ (RaaS). This service will be offered to private FM stations and network groups to help them foray into the digital space. The platform will allow...

Reuters

From the ashes of Webvan, Amazon builds a grocery business

The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO proceeds in just over three years before shutting its doors in 2001. Twelve years later, though, Webvan is rising from the dead &...

Reuters

Google’s Project Loon explores balloon-powered internet access

Google Inc has launched a small network of balloons over the Southern Hemisphere in an experiment it hopes could bring reliable Internet access to the world’s most remote regions, the company said late Friday. The pilot program, Project Loon, took off this month from New Zealand’s South ...

Sonam Gulati

Gharpay sells cash collections business to Delhivery, pivoting to retail analytics

Gurgaon-based SSN Logistics Pvt Ltd, which specialises in e-commerce logistics services and runs the web platform Delhivery.com, has acquired cash collection services, brand name and the operations team (comprising over 60 people) of the Hyderabad-based startup Gharpay Technology Services Pvt Ltd fo...

Anand Rai

Justdial.com got 133.4M visits in April-December 2012; half of total search requests came via website

Just Dial Ltd is India’s leading local search company that offers information on local businesses to consumers via voice, mobile and internet. We dug into its IPO filings (the company got listed recently) to see how internet savvy the business is. The company, although started its business in 1996...