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Hyperlocal on-demand delivery startup LazyLad raises $500K in pre-Series A round

Gurgaon-based Angular Technologies Pvt. Ltd, which runs a hyperlocal mobile commerce startup LazyLad, has raised $500,000 (Rs 3.18 crore) in its pre-Series A round of funding from Tekton Ventures’ founder and managing partner Jai Choi, Japan-based Sugashita Partners’ Kiyohiro Sugashita,...

31 July, 2015 | More »

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Paytm bags sponsorship rights for BCCI matches

One97 Communications, owners of Paytm, were on Thursday awarded the title sponsorship rights for India’s international home cricket matches for a period of four years with a winning bid of Rs 2.42 crore per match. The decision to award the rights to One97 Communications till 2019 was taken at ...

30 July, 2015 | More »

Guiddoo

Exclusive: Tour guiding app Guiddoo close to raising money from SAIF, Helion

Travel technology firm Guiddoo World Travels Pvt Ltd, which operates tour guiding app Guiddoo, is in the final stages of raising VC funding from SAIF Partners and Helion Venture Partners among other investors, sources privy to the development told Techcircle.in. For more details of the funding cli...

29 July, 2015 | More »

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Zovi founders raise $50M for new deals discovery startup from Paytm, others

Founders of Bangalore-based private label fashion e-tailer Zovi have raised $50 million (Rs 318 crore) from a group of investors led by One97Communications, which runs mobile commerce venture Paytm, and an unnamed large investor for a separate startup focused on deals discovery. SAIF Partners and ...

29 July, 2015 | More »

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Ola to do a Myntra, will go app-only from August

Online taxi aggregator Ola is set to morph into an app-only player across the 100 cities of its operations from August. Ola, which is run by Mumbai-based ANI Technologies, is making this transition as it already gets 99 per cent bookings through the mobile app, as per a press statement. Even in smal...

28 July, 2015 | More »

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Mobile entertainment firm Hungama unveils on-demand app for movies

Mumbai-based Hungama Digital Media Entertainment Pvt Ltd, a mobile and digital entertainment company, has launched a new app that offers a library of over 6,500 movies on mobile phones and tablets. The app, which is already live on Android, will be available for a monthly subscription of Rs 249, as ...

24 July, 2015 | More »

Mukesh Ambani

Reliance Jio is in ‘final lap’ of 4G launch: Mukesh Ambani

Reliance Jio Infocomm, the wireless telecommunications and data services unit of Mukesh Ambani-controlled Reliance Industries, is set to start a beta programme for assessing its network capabilities before the commercial launch of fourth-generation mobile telephony or 4G services in December. “...

24 July, 2015 | More »

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Mobile collaboration startup for property brokers BroEx raises $1M from Lightspeed

Gurgaon-based Oku Tech Pvt Ltd, which operates collaboration platform for brokers BroEx, has raised $1 million (Rs 6.4 crore) in seed funding from Lightspeed India. Founded in 2014 by Pallav Pandey and Mukul Kumar, Oku Tech will use the funds raised to expand presence into tier I, II and III citie...

24 July, 2015 | More »

Mohit Srivastava

RoomsTonite inducts Airbnb’s Mohit Srivastava as revenue and partnerships head

RoomsTonite, a mobile-based marketplace for last-minute hotel bookings, has appointed former Airbnb executive Mohit Srivastava as the company’s chief of revenue and partnerships. Srivastava will help RoomsTonite, which is run by Bangalore-based RoomsTonite eBookings Pvt Ltd, to identify new av...

23 July, 2015 | More »

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Dating app iCrushiFlush raises pre-Series A funding from IDG Ventures

Location-based casual dating app iCrushiFlush, owned and operated by Mumbai-based Living Consumer Products Pvt. Ltd, has raised an undisclosed amount in a pre-Series A investment from IDG Ventures, the company said in a statement. iCrushiFlush enables users to find and connect with people around th...

22 July, 2015 | More »