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Sequoia-backed food tech startup Faaso’s joins the ‘app-only’ brigade, to stop website transactions

Tuesday, August 4, 2015 | More »

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Quick service restaurant (QSR) and delivery chain Faaso’s has joined the likes of Myntra and Ola to go app-only for transactions. Starting this month, the Sequoia Capital-backed Faaso’s will take orders and facilitate transactions only through its mobile app, Revant Bhate, co-founder and ma...

Mobile analytics startup WizRocket raises $8M from Sequoia, Accel

Tuesday, August 4, 2015 | More »

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Mobile analytics and marketing startup WizRocket, run by Mumbai-headquartered WizRocket Technologies Pvt Ltd, has raised $8 million in a fresh round of funding from Sequoia Capital India and existing investor Accel Partners. The funds will be utilised by WizRocket to grow its ‘prescriptive eng...

Bharti Airtel to buy digital payments enabler YTS; names Manish Khera as Airtel Money CEO

Monday, August 3, 2015 | More »

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India’s largest cellular services provider Bharti Airtel Ltd is planning to acquire digital financial service provider YTS Solutions and has named Manish Khera, founder of the Mumbai-based company, as the chief executive officer of its wholly owned subsidiary Airtel M Commerce Services Ltd (AM...

Discount app for restaurants Ressy raises $400K in seed funding from Eight Capital’s Vikram Chachra, others

Monday, August 3, 2015 | More »

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Ressy, an app that provides last-minute deals and discounts at restaurants, has raised $400,000 (Rs 2.5 crore) in seed funding from Eight Capital’s founding partner Vikram Chachra and other investors, using the crowd funding platform LetsVenture. Mohandas Pai, chairman of Manipal Global Education ...

Post pivot, personal assistant app Helpchat gets TaxiForSure’s Deena Jacob as CFO

Monday, August 3, 2015 | More »

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Personal assistant app Helpchat, which is run by Coraza Technologies Pvt Ltd, has appointed TaxiForSure’s finance head Deena Jacob as chief financial officer. The company recently pivoted to become a chat-based personal assistant app and rebranded itself as Helpchat from Akosha.com, which used...

Is India banning porn? 857 adult sites are inaccessible following DoT directive

Monday, August 3, 2015 | More »

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India seems to have made 857 pornographic websites inaccessible following the Supreme Court’s concerns over the home ministry’s failure to block child porn. The Department of Telecommunications (DoT) ordered the move under Section 79 of the Information Technology Act in a directive issue...

Uber readies $1B war chest for India operations, targets 1M daily rides by 2016

Friday, July 31, 2015 | More »

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Cab hailing startup Uber Technolgies Inc, one of the two most valued startups globally along with Chinese smartphone maker Xiaomi, is leaving no stone unturned to make India its biggest global playground and take on local competitor Ola. The San Francisco-based company is set to plough $1 billion in...

Hyperlocal on-demand delivery startup LazyLad raises $500K in pre-Series A round

Friday, July 31, 2015 | More »

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Gurgaon-based Angular Technologies Pvt. Ltd, which runs a hyperlocal mobile commerce startup LazyLad, has raised $500,000 (Rs 3.18 crore) in its pre-Series A round of funding from Tekton Ventures’ founder and managing partner Jai Choi, Japan-based Sugashita Partners’ Kiyohiro Sugashita,...

Paytm bags sponsorship rights for BCCI matches

Thursday, July 30, 2015 | More »

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One97 Communications, owners of Paytm, were on Thursday awarded the title sponsorship rights for India’s international home cricket matches for a period of four years with a winning bid of Rs 2.42 crore per match. The decision to award the rights to One97 Communications till 2019 was taken at ...

Exclusive: Tour guiding app Guiddoo close to raising money from SAIF, Helion

Wednesday, July 29, 2015 | More »

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Travel technology firm Guiddoo World Travels Pvt Ltd, which operates tour guiding app Guiddoo, is in the final stages of raising VC funding from SAIF Partners and Helion Venture Partners among other investors, sources privy to the development told Techcircle.in. For more details of the funding cli...

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