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Vineet Taneja

Micromax CEO Vineet Taneja resigns

Vineet Taneja, CEO of India’s largest homegrown handset maker Micromax Informatics Ltd, has put in his papers. A company spokesperson confirmed the development to Techcircle.in. Reports about Taneja’s plans to quit Micromax have been circulating in the media for quite some time now; differe...

2 March, 2016 | More »


Office assistant app Skedool raises seed funding from Kludein, others

Skedool.it, a B2B startup that operates an artificial intelligence-based office assistance app, has raised an undisclosed amount in seed funding from a clutch of investors led by Kludein LLC. RedBus founder Phanindra Sama, former country head of Morgan Stanley India Narayan Ramachandran, and Pranav ...

2 March, 2016 | More »


MoMark raises $600K from YourNest, LNB Group

Noida-based MoMark Services Pvt Ltd, a startup that aggregates mobile wallets and runs an app-based customer engagement platform for offline retailers, has raised $600,000 (about Rs 4 crore) in pre-Series A funding led by YourNest Angel Fund. Kolkata-based LNB Group also put money in this round, the...

2 March, 2016 | More »


Is Ola shutting down hyperlocal grocery delivery service?

Close on the heels of e-commerce giant Flipkart shutting down its hyperlocal grocery delivery app Nearby, cab-hailing firm Ola seems to be following suit. Ola may pull the plug on its hyperlocal grocery delivery app, Ola Store, in less than a month, NDTV’s Gadget 360 reported  citing a person fam...

1 March, 2016 | More »


Unitus Seed Fund backs on-demand chauffeur provider DriveU

Unitus Seed Fund has invested an undisclosed amount in DriveU, a startup that connects chauffeurs with private car owners over a mobile marketplace. A spokesperson for DriveU said that the funds will be used for scaling up operations and geographical expansion. However, the firm did not divulge th...

1 March, 2016 | More »


Budget 2016: A faithful follow-up to Startup India Action Plan, say techpreneurs

The Union Budget 2016 remained faithful to the Startup India Action Plan announced by Prime Minister Narendra Modi last month. From the three-year tax holiday to easing up on capital gain tax, the Budget document merely lent a touch of official sanction to the key proposals to the Startup India Acti...

29 February, 2016 | More »


Why is Zee floating a free-to-watch OTT platform?

After DittoTV, broadcast company Zee Entertainment Enterprises Ltd (ZEEL) has come out with a second video streaming platform. Christened OZEE, this will be a free-to-watch OTT platform unlike DittoTV and will have catch-up content from Zee’s bouquet of entertainment channels. “While Ditto TV is...

26 February, 2016 | More »


Flipkart pulls the plug on grocery delivery app Nearby

The country’s largest e-commerce venture Flipkart has shut down its grocery delivery app Nearby, five months after it was launched in Bangalore. “Flipkart Nearby was a piloted in select areas of Bangalore. The experiment was a test for understanding efficiencies and operations of the hyper local...

26 February, 2016 | More »


Just Dial launches app for sellers

Online local business search engine company Just Dial Ltd on Thursday launched an app for sellers, JD Omni. The app will allow merchants and sellers to manage their businesses on a single platform by providing them with full ecommerce capability, including payments integration. “A customer pays us...

25 February, 2016 | More »


Exclusive: Veteran journalists launch news video app for regional languages

Two veteran journalists have come together to launch a one-minute multilingual video news on mobile app Nyusu that went live on Google Playstore on Tuesday. Founded in Bangalore by former managing editor of ET Now R Sridharan and leading Kannada news channel Public TV’s founder and editor-in-chief...

25 February, 2016 | More »