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India had third largest smartphone base with 117M users in 2013; to grow 45% in 2014: Mary Meeker Report

India ranks third among the top countries for smartphone users with an estimated 117 million subscribers, behind only China and the US. But the penetration of smartphones as a percentage of mobile users in India is pegged at just 10 per cent, the lowest among the top 30 smartphone markets, according...

29 May, 2014 |More »


User engagement platform for apps Konotor gets $125K from Qualcomm Ventures, Accel

Konotor, a user engagement platform for mobile apps developed by Chennai-based Demach Software India Pvt Ltd, has received $125,000 (Rs 73 lakh) in funding from Qualcomm Ventures and Accel Partners. The funding follows Konotor emerging as the winner of Qualcomm’s QPrize 2014 India edition. As winn...

26 May, 2014 |More »

Vineet Taneja

Micromax ropes in Vineet Taneja from Samsung as CEO

Homegrown handset and tablet manufacturer Micromax Informatics Ltd has appointed Vineet Taneja, former country head (IT & mobile businesses) at Samsung India, as its chief executive officer.  Taneja is replacing Deepak Mehrotra, who had quit the firm in October last year to join Pearson India a...

26 May, 2014 |More »


Unitus Seed Fund invests in m-commerce platform for grocery retailers Jiffstore

Bangalore-based Jiffstore Software Labs Pvt Ltd, which offers mobile commerce and customer engagement solutions to grocery retailers, has secured an undisclosed amount in funding from seed-stage impact investment firm Unitus Seed Fund. Jiffstore will use the capital to further develop its technolog...

23 May, 2014 |More »


Bharti SoftBank buys remaining stake in location-based service Hoppr

Bharti SoftBank (BSB), a joint venture between Bharti Enterprises and Japanese Internet firm Softbank Corp, has bought the remaining stake in Gurgaon-based Y2CF Digital Media Pvt Ltd, owner of Hoppr, a location based check-in service that works across all mobile devices. Post the acquisition, Y2CF...

22 May, 2014 |More »


Mobile internet firm One97 Communications earmarks around $25M for two tech acquisitions

Noida-headquartered One97 Communications Ltd, that runs digital goods and services marketplace Paytm, has set apart Rs 150 crore ($25.6 million) to fund acquisitions of at least two consumer facing technology companies, according to a report in The Economic Times citing Vijay Shekhar Sharma, fou...

22 May, 2014 |More »


EntLogics offers mobile & cloud-based school management system, to open offices in Canada & the Caribbean later this year

Bangalore-based EntLogics Technologies Pvt Ltd, which offers a mobile and cloud-based school management system under the brand name ace, claims to have partnered with close to 100 schools across India, Malaysia, Hong Kong, and Singapore. The company is now looking to open offices in Canada and the C...

21 May, 2014 |More »


Indian m-commerce startup MartMobi gets into TechStars accelerator programme

Hyderabad-based MartMobi Technologies Inc, which provides an m-commerce platform for e-commerce sites, brands as well as retailers, has made it into the latest batch of US-based TechStars startup accelerator. MartMobi, a Techcircle Runway 2013 startup, will leverage this opportunity to expand its fo...

21 May, 2014 |More »


OnMobile Global promoter hikes stake to 43.5% for around $8M

OnMobile Systems Inc, a US-based holding company of India’s largest mobile VAS firm OnMobile Global, has hiked its stake in the public listed firm to 43.46 per cent by acquiring 10.16 per cent additional stake in the recently concluded voluntary open offer. It bought back 11.9 million shares of th...

19 May, 2014 |More »


Samsung ties-up with Vodafone & Aircel for operator billing support on its app store

South Korean technology giant Samsung Electronics has partnered with telecom operators Vodafone and Aircel, following which users can download applications and games from the company’s app store and make the payment through their mobile bill, according to a Times of India report, citing Tarun Mali...

16 May, 2014 |More »