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Internet

Exclusive: Naspers floats Stradia through OLX to re-enter Indian online used car space

Saturday, July 23, 2016 | More »

Stradia_fe
Less than two years after selling second-hand cars business Gaadi.com to Google Capital-backed CarDekho, South African internet and digital media firm Naspers has re-entered the used car business in the country. It has floated Stradia.in under its multi-country classifieds venture OLX. The move seem...

Jeff Bezos is now richer than Warren Buffett

Amazon founder Jeff Bezos on Thursday became the third richest person on the planet, going past Berkshire Hathaway promoter Warren Buffett, according to the Bloomberg Billionaire Index, a daily ranking of the world’s wealthiest people. Bezos sneaked past Buffett, but just about. As of July 22,  B...

22 July, 2016 | More »

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Why Tinder Social may not be an outright success

Dating app Tinder has launched a new feature that lets people meet up in groups. ‘Tinder Social’, as it is called, helps connect a small group of people with another set of peers for group dates, movie outing or a concert. The new feature has been launched in the UK, the US, Canada, Australia an...

22 July, 2016 | More »

Dinesh-Malpani_fe

Online hypermarket Urdoorstep gets $300K in bridge funding

Bangalore-based online hypermarket operator Urdoorstep Eretail Pvt. Ltd has raised $300,000 (Rs 2 crore) in a bridge round of funding from CP Murali, former chief operating officer of US-based telecom software firm Aricent Inc. Urdoorstep will use the funds to augment the technology backbone of its ...

22 July, 2016 | More »

KickassTorrents

A clone of KickassTorrents up in less than 24 hours

Depending on which side of the fence you are on, you might lament or celebrate on learning that in less than a day after the shut down of the globally popular website for downloading pirated films KickassTorrents, or KAT, a proxy website with a completely look-alike design and similar domain – kic...

22 July, 2016 | More »

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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 »

Facebook’s internet-beaming drone

Facebook’s internet-beaming drone takes flight

Aquila, Facebook’s solar-powered internet-beaming drone, finally took flight. The drone is part of Facebook’s project to provide internet access to the remote regions of the world. The flight happened in Yuma, Arizona on June 28. Aquila is a lightweight, high altitude, unmanned aircraft designed...

22 July, 2016 | More »

Yash Singh, co-founder and CEO of SimplyMoveIn

Exclusive: Online rental marketplace SimplyMoveIn gets angel funding from Swastika Company

Bangalore-based SimplyMoveIn Technologies Pvt. Ltd, which operates online marketplace for curated rental properties SimplyMoveIn, has raised an undisclosed amount in angel funding from Hong Kong-based investment firm Swastika Company Ltd, a top company executive told TechCircle. The company will use...

22 July, 2016 | More »

Treebo

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 »

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Legal purchase on iTunes lands alleged founder of top Torrent site in jail

KickassTorrents (KAT), the world’s top website for downloading pirated movies, has gone offline after the arrest of its alleged founder, ironically after making a legal purchase from Apple Inc.’s iTunes music store. Artem Vaulin, a Ukrainian who was involved in designing KAT’s original website...

21 July, 2016 | More »

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