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Chinese handset maker Gionee plans to start manufacturing in India

Chinese handset maker Gionee has said it intends to start manufacturing in India and is awaiting clarity in government policy on the matter before taking the plunge. “It depends on the (government) policy, we are ready to manufacture in India,” Gionee’s President William Lu said he...

15 December, 2014 |More »


Chinese handset maker Xiaomi invests over $200M in home appliances maker Midea

Chinese smartphone manufacturer Xiaomi, which also has a good presence in India, has invested 1.26 billion yuan (over $200 million) in Midea Group, an electrical appliance manufacturer in China, for a 1.29 per cent stake in the firm. The deal will allow both companies to cooperate in smart home init...

15 December, 2014 |More »


Chinese internet firm Baidu infusing $600M into Uber

Chinese search engine major Baidu Inc. is infusing $600 million into web-based car booking services firm, Uber Technologies Inc., for a minority stake, said a Bloombergreport quoting unnamed sources. The funding will boost Uber’s plans to expand to China, one of the fastest-growing markets, glob...

12 December, 2014 |More »


Excl: Mobile app development firm Apps Daily in advanced talks to raise $15M in Series C funding

Mumbai-based mobile application development and distribution company, Apps Daily Solutions Pvt Ltd, is in advanced talks to raise around $15 million in its Series C round of funding, sources privy to the development told Techcircle.in. Existing investors, including Kalaari Capital, Qualcomm Ventures...

11 December, 2014 |More »


Delhi HC bans Chinese handset maker Xiaomi from importing & selling smartphones in India

Delhi High Court has granted an ex parte injunction order against Chinese smartphone manufacturer Xiaomi for infringement of Swedish telecoms equipment maker Ericsson’s patents. The order forbids the company from manufacturing, importing, advertising, and selling the devices that infringe the Stan...

11 December, 2014 |More »


One97 Communications to provide VAS services to West African telco Glo Benin

Noida-headquartered mobile internet firm One97 Communications Ltd, which runs the digital goods and services marketplace besides mobile & DTH recharge platform Paytm among other mobile value added services, has partnered with Nigeria-based mobile telecommunications company Glo Mobile to provide...

9 December, 2014 |More »


Micromax unveils ‘Canvas Selfie’ smartphone with 13MP front camera, launching next month

Home grown handset and tablet manufacturer Micromax has further expanded its Canvas range of smartphones in India with the launch of a new device called ‘Canvas Selfie’. As the name already suggests, this one is primarily a selfie smartphone, and is equipped with 13 megapixel rear and front came...

9 December, 2014 |More »


Location-based online food ordering startup TinyOwl raises $3M from Sequoia, Nexus

TinyOwl Technology Pvt Ltd, a Mumbai-based startup that offers a location-based mobile app for food ordering, has secured $3 million in its Series A round of funding from Sequoia Capital and Nexus Venture Partners. The startup will use these funds to expand its presence in Mumbai as well as to other...

5 December, 2014 |More »


Truecaller claims to have crossed 100M users mark, thanks to Indian customers

Swedish startup True Software Scandinavia AB, the firm behind Truecaller, a collaborative mobile phone directory app, claims to have crossed the 100 million users mark. The company further claims that it has doubled its daily new users in less than three months. It is currently receiving more than 1...

4 December, 2014 |More »


Happy Hours app provides users with hyper local deals at restaurants & pubs around them

College students in particular are constrained by their wallet size and are constantly on the lookout for a restaurant, pub or lounge that has a perfect blend of great food & drinks, an ideal ambiance, and above all great offers. Mumbai-based startup FNB City Media Pvt Ltd, which offers a mobile...

4 December, 2014 |More »