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fisdom2

Wealth management app Fisdom raises $1.1 mn from Saama Capital

Bengaluru-based Finwizard Technology Pvt. Ltd, which runs wealth management app Fisdom, has raised $1.1 million (Rs 7.3 crore) from Saama Capital. The company will invest these funds in technology, to expand its team and acquire customers, it said in a statement. Fisdom was founded by Subramanya SV,...

19 October, 2016 | More »

Rajiv Pancholy, MD and CEO of OnMobile

OnMobile launches consumer brand ONMO, unveils apps

Mobile value-added service company OnMobile Global Ltd unveiled its consumer brand ONMO and showcased a set of apps it would launch in the first quarter of 2017. With the consumer brand ONMO, the firm will enhance its business-to-consumer (B2C) segment. OnMobile has traditionally been working with t...

19 October, 2016 | More »

Taxi

Now, book Ola and Uber directly from Google Search

Consumers will now be able to book a ride on Ola and Uber directly from Google Search. Earlier this year, Google had introduced the feature on Google Maps, where a dedicated tab with information for cab services was made available to Indian users, in addition to the existing driving, public transpor...

19 October, 2016 | More »

OLA_UBER

Ola, Uber hike fares, slash driver incentives

In their bid to cut costs and attain profitability in the long run, cab aggregators Uber and Ola are raising fares in major cities and reducing driver incentives. San Francisco-headquartered Uber Technologies Inc has increased taxi fares for long distance rides in Delhi-NCR, Kolkata, Bhubaneswar, Gu...

18 October, 2016 | More »

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Exclusive: Housing.com ex-COO to start online grocery venture

Two former executives at property portal Housing.com are starting an online grocery delivery venture, a segment that was investors’ favourite until last year but where many startups have shut shop after struggling to find profitable business models. Former Housing.com chief operating officer Risha...

17 October, 2016 | More »

Rooter

Actor Boman Irani backs sports startup Rooter

Rooter, a sports social gaming platform, has raised an undisclosed amount of investment from actor Boman Irani. The seed round also saw participation from Dhruv Chitgopekar, partner at Kwan Entertainment, and Prantik Dasgupta, a corporate professional and avid sports enthusiast. The new capital will...

17 October, 2016 | More »

safetipin

Apps to make women feel safer

Have you been scared of coming back home alone at night? Do you tend to look over your shoulder when walking on a secluded lane? If you are a woman in India, chances are high that your answers would be ‘yes’. Feeling uncomfortable and unsafe in the public spaces is not something uncommon in our ...

14 October, 2016 | More »

Freecharge-Investment_Shah-Junaid2

Why Freecharge badly needs a recharge

The news report last week that Japanese telecom and internet conglomerate Softbank Group Corp is in talks to invest in FreeCharge was the third in as many months speaking of fund-raise efforts by ecommerce company Snapdeal for its digital payments arm. Around a month ago, two people in the know of d...

13 October, 2016 | More »

snapchat

Morgan Stanley, Goldman Sachs to be lead bankers for Snapchat’s IPO

Photo messaging service Snapchat is all set to hit the markets. With its initial public offering slated for March, Snap Inc, Snapchat’s parent, has shortlisted banks to lead and manage the exercise. Morgan Stanley and Goldman Sachs Group will lead the offering, a report by news agency Bloomberg ci...

13 October, 2016 | More »

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Ola in talks with SoftBank and General Motors to raise $500 mn

ANI Technologies Pvt Ltd, which runs cab-hailing app Ola, is reportedly in talks with its existing investors that include Japan’s SoftBank and US-based General Motors, for a fresh round of funding to raise $500 million. Ola has held preliminary discussions with US automobile giant General Motors (...

13 October, 2016 | More »