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Mobile payments startup Momoe raises $1.2M from IDG, Jungle & India Quotient

Bangalore based mobile payments startup Momoe Technologies Private Limited, which operates under the brand Momoe, has raised Rs 7.4 crore ($1.2 million) in a seed round of funding led by IDG Ventures and Jungle Ventures with participation of India Quotient, as per a press statement. The startup ess...

27 February, 2015 |More »


Hyperlocal mobile-first grocery e-com startup PepperTap gets seed funding from Sequoia

Gurgaon-based Nuvo Logistics Private Limited, which runs a hyperlocal grocery e-tailing startup under PepperTap, has secured an undisclosed amount in seed funding from venture capital firm Sequoia Capital, a top company executive told Techcircle.in. The funds will be utilised for expanding the comp...

26 February, 2015 |More »


Pan India mobile number portability from May 3

From May 3, subscribers will be able to retain the same mobile number on relocating to anywhere in India. The Telecom Regulatory Authority of India amended the mobile number portability (MNP) regulations on Wednesday to allow users to change their service provider in any part of the country while re...

26 February, 2015 |More »


Uber’s IP address may get blocked in India

Global online car hire service major Uber’s IP address may get blocked in India if it does not obtain a radio taxi licence to ply its cabs in the national capital, according to a The Economic Times report citing unnamed Delhi Transport Department official. This will effectively shut down the compa...

25 February, 2015 |More »


Indian smartphone market declines for first time in Q4; Chinese handset maker Xiaomi makes it to the top 5: IDC

Indian smartphone market declined for the first time ever in the fourth quarter of 2014, largely owing to a high channel inventory at the beginning of the quarter among general trade, which in turn was caused by the surge witnessed in online sales during the festive season. The quarter was seen as a...

25 February, 2015 |More »


Chat & mobile calling app firm Nimbuzz launches dating app ‘Masque’

Instant messaging and mobile calling application firm Nimbuzz has launched an anonymous dating app. Called Masque, the app lets its users find, flirt and hook-up with others based on their location, age and gender. Besides basic messaging, the app also enables users to send stickers and emoji, and s...

24 February, 2015 |More »


Overall Indian tablet shipments in Q4 touch 0.96M units; iBall dethrones Samsung as market leader: IDC

After witnessing a strong growth in the festive third quarter, India’s overall tablet shipments for the fourth quarter of 2014 stood at 0.96 million units, recording a quarter on quarter increase of 3.6 per cent over the previous quarter. According to a report by International Data Corporation (ID...

24 February, 2015 |More »


Travel app Trip38 raises $1M in seed round from IndiGo owner & Lantern Capital

Bangalore-based Trip38 Technologies Pvt Ltd, which owns and operates travel management app Trip38, has secured $1 million (Rs 6.2 crore) in a seed round of funding from InterGlobe Technology Quotient, a part of the promoter group of IndiGo, and Singapore’s Lantern Capital, a top company execut...

23 February, 2015 |More »


Bidstalk to attend 2015 Mobile World Congress, Barcelona

Bidstalk is back at Mobile World Congress for the second year with its unique RTB platform that is now empowering 40+ DSPs across the world. Mobile World Congress 2015 which is happening in Barcelona between 2-5 Mar will convene industry leaders, visionaries and innovators to explore the trends that...

23 February, 2015 |More »


Bharti Airtel says its music streaming app Wynk crosses 5M downloads

Wynk Music, a carrier agnostic mobile music streaming application by telecom giant Bharti Airtel, claims that it has crossed five million downloads within five months of its launch. The telecom major had launched the app on September last year. According to the company, expert curated playlists are ...

23 February, 2015 |More »