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India to become Uber’s second largest market after the US

Uber Technologies Inc will expand its services to seven new cities starting July 2, making India the largest geographical market for the cab-hailing app after the US. The San Francisco-based company would offer services in Bhubaneswar, Coimbatore, Indore, Mysore, Nagpur, Surat and Visakhapatnam, as ...

1 July, 2015 | More »

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Ratan Tata invests in country’s largest cab aggregator Ola

Ratan Tata, chairman emeritus of Tata Sons, has made a personal investment in the country’s largest cab aggregator Ola, as per a press statement. Financial details of the funding are not disclosed. Bhavish Aggarwal, CEO and co-founder of Ola, which is run by Mumbai-based ANI Technologies, said, &#...

1 July, 2015 | More »

Sunil Mittal

Bharti Airtel is now the world’s third largest mobile operator

Sunil Mittal-controlled Bharti Airtel Ltd has become the world’s third largest mobile operator in terms of subscribers, the company said in a statement on Tuesday. Bharti Airtel, which has operations in 20 countries globally, presently has a subscriber base of 303 million. Citing the latest da...

30 June, 2015 | More »

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RailYatri raises pre-Series A round of funding from Helion, Omidyar & others

Noida-based Stelling Technologies Pvt Ltd, the company behind RailYatri, a crowd-sourced platform to provide train-related travel information, has raised an undisclosed amount in a pre-Series A round of funding led by Helion Venture Partners and Omidyar Network, according to a press release. Existi...

30 June, 2015 | More »

Flatchat

CommonFloor invests $2.5M afresh in room share app Flatchat

Flatchat, a mobile-based platform that connects flat owners with flat-mates, has raised $2.5 million from real estate portal CommonFloor.com, the company said on Tuesday. Flat.to Technology Pvt Ltd, which runs Flatchat, plans to use the money to increase headcount and scale up operations across the ...

30 June, 2015 | More »

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HolidayIQ launches separate holiday package marketplace app Holidays

Bangalore-based Leisure and Lifestyle Information Services Pvt Ltd, which runs travel information and hotel review portal HolidayIQ, has launched what it claims to be India’s first mobile-only vacations marketplace app dedicated to activity-based leisure travel. Christened ‘Holidays’, the mark...

29 June, 2015 | More »

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Mobile-only local services marketplace UrbanClap raises $10M from existing investors Accel & SAIF Partners

Delhi-based UrbanClap Technologies India Pvt. Ltd, which runs a mobile-only marketplace to find local service professionals under the UrbanClap brand, has raised $10 million (Rs 64 crore) in Series A funding from existing investors SAIF Partners and Accel Partners. UrbanClap plans to use the money t...

29 June, 2015 | More »

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Meet the five startups picked for PVC Accelerators’ first batch

Early-stage investment firm Peesh Venture Capital (PVC) has announced the first batch of five startup accelerators from the PVC Accelerators programme. Each company selected for the program will receive up to Rs 30,00,000 in funding without having to give up any equity, as per a press statement. PVC...

26 June, 2015 | More »

Eric_Alexander

Exclusive: We are growing at 40% month-over-month in India: Uber’s head of Asia Eric Alexander

Uber may have had its share of challenges in the Indian market, but the ride sharing app has been growing at over 40 per cent month-over-month here. In fact, Bangalore and Kolkata are some of the fastest growing cities for Uber globally, Eric Alexander, Head of Business, Asia, Uber told Techcircle. ...

25 June, 2015 | More »

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Ola begins integrating TaxiForSure service on its own app; starts with hatchbacks

Online cab booking service provider Ola (formerly Olacabs), run by Mumbai-based ANI Technologies Pvt Ltd, has begun the process of integrating services of the recently acquired TaxiForSure on its mobile app. As a first step, customers can now book TaxiForSure hatchback cabs directly from the Ola app...

25 June, 2015 | More »