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Mobile

uber_texi

Bike taxi services wait for green signal

The nascent bike taxi business in India has hit a speed bump. However, the clampdown on Uber’s bike-taxi services earlier this month in Bangalore, the hub of startups, and the subsequent withdrawal of Ola’s services in the same space begets a larger question. Should a disruptor wait for guidelin...

16 March, 2016 | More »

freecharge_fe

FreeCharge introduces social payment feature

Snapdeal-controlled FreeCharge has launched a social payment feature called ‘Chat and Pay’ which directly connects buyers and sellers and allow them to pay over the chat function. This is the first time a person-to-person and person-to-merchant interface for digital payments has been introduced ...

16 March, 2016 | More »

WithMe

Exclusive: Fashion social network WithMe raises angel funding

Personalised fashion app WithMe has raised $250,000 (around Rs 1.7 crore) in angel funding from a group of investors comprising Alex Kuruvilla, managing director of CondeNast India; Pradeep Guha, former head of Zee Group and BCCL; Saket Dhankar, head of Lakme Fashion Week and serial entrepreneur and...

16 March, 2016 | More »

freedom_251

Freedom 251 handset maker under probe for forex violation

The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA. Besides, the Corporate Affairs Ministry has ordered scrutiny of the company’s books, while the Department of Electronics and IT (Deity) is rev...

16 March, 2016 | More »

layoff

Quikr fires CommonFloor staff as workforce integration progresses

A little over two months after online classifieds listing site Quikr acquired real estate portal CommonFloor, it has started sacking the employees of the acquired firm. While the exact number of job losses are not confirmed, a couple of former CommonFloor employees have indicated that anywhere betwe...

15 March, 2016 | More »

food_fe

Food retail analytics platform Jolly Food Fellow raises pre-Series A funding

Ahmedabad-based TECHRECO Solutions Pvt Ltd, which operates an analytics driven marketing platform for food retail vendors called Jolly Food Fellow, has raised an undisclosed amount in pre-Series A funding from Janak Parikh, managing director of Malibu Group. The funds will be used for product develo...

14 March, 2016 | More »

Preetesh_Chouhan

Exclusive: Preetesh Chouhan quits Vdopia to float startup

Advertising technology firm Vdopia Media and Software Solutions Pvt Ltd’s senior vice-president, APAC, Preetesh Chouhan has put in his papers. At Vdopia, Chouhan’s responsibility included expanding the company’s footprint in South East Asia, besides fuelling overall growth, both or...

14 March, 2016 | More »

StylFlip

Used fashion goods marketplace Stylflip raises seed funding

Mumbai-based Placard Digital Solutions Pvt Ltd, that runs StylFlip, a mobile-only platform for used fashion goods for women, has raised an undisclosed amount in funding from real estate developers Raj Gala Shah and Zaheer Memon. The funds raised will be used to develop its platform and for marketing...

11 March, 2016 | More »

Informate2

Nielsen acquires mobile usage measurement firm Informate

Nielsen (India) Pvt Ltd has acquired mobile usage measurement firm, Informate Mobile Intelligence Pvt Ltd for an undisclosed amount. Nielsen and Informate Mobile Intelligence have worked together for nearly half a decade to leverage innovative smartphone metering technology to provide insights into ...

11 March, 2016 | More »

facebook

Facebook has 142M users in India; Facebook Lite touches 100M mark globally

Facebook’s popularity in India, the social network’s second-largest market after the US, continues to increase with the company boasting about 142 million monthly active users in the country. The company said also that Facebook Lite, a data-efficient version of its app, has crossed the 100 m...

10 March, 2016 | More »