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Facebook adds P2P mobile money transfer feature to its messenger service

Facebook has added a person-to-person (P2P) mobile money transfer feature to its messenger service. According to a TechCrunch report, users will be able to see a ‘$’ button in their messenger message composer, next to the options to send a photo or sticker. When they tap it, Facebook will ask th...

19 March, 2015 |More »

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LG launches octa-core G Flex 2 phablet with 5.5 inch curved display for Rs 55,000 in India

After unveiling the same at the Consumers Electronic Show (CES) 2015 in Jan this year, LG Electronics has now launched G Flex 2 phablet in the Indian market. A successor to the original G Flex, the first device from the company to sport a curved display, the phablet sports a slightly smaller 5.5 inc...

18 March, 2015 |More »

Ratan Tata

Ratan Tata backs Paytm parent One97 Communications

Ratan Tata, former chief of Tata Group and currently chairman emeritus of group’s holding company Tata Sons, has invested an undisclosed amount in Noida-headquartered mobile internet firm One97 Communications Ltd, which runs m-com and virtual wallet property Paytm, the company said in a release. A...

13 March, 2015 |More »

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Digital medical journal Daily Rounds raises $500K from Kae, Beenos chief and GSF

Bangalore-based and US-incorporated startup Daily Rounds Inc, which runs a digital medical journal aimed at doctors under the Daily Rounds brand, has raised $500,000 (Rs 3.1 crore) in seed round of funding from early stage VC firm Kae Capital, Japanese internet investor Teruhide Sato (founder of Bee...

13 March, 2015 |More »

Naveen Tewari

No plans to sell out to Google; IPO is what we look at, says InMobi’s Naveen Tewari

Rubbishing rumors of a possible acquisition by internet giant Google, Bangalore and San-Francisco-based InMobi has said that it would rather plan an initial public offering (IPO), according to a report published by The New York Times. “InMobi was always talking to other companies about partnership...

12 March, 2015 |More »

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Mobile gaming startup Moonfrog raises $15M from Tiger Global & Sequoia

Bangalore-based Moonfrog Labs Pvt Ltd which owns and operates mobile phone games developer moonfroglabs.com, has raised $15 million (Rs 92 crore) from Tiger Global and existing investor Sequoia Capital. It had previously raised $1 million from Sequoia a year ago. Moonfrog is behind games such as Te...

12 March, 2015 |More »

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Zebpay launches bitcoin mobile wallet in India

Tech firm Zebpay today announced launch of its ‘bitcoin’ mobile wallet in the country. The wallet, which is in form of a mobile application, will help its user buy, sell and transact in bitcoins which is presently valued at around USD 280 per unit at present. “The Zebpay applicatio...

11 March, 2015 |More »

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Flipkart acquires mobile ad network AdIQuity

India’s largest e-commerce firm Flipkart has acquired Bangalore-based AdIQuity Technologies Pvt Ltd, which owns and operates mobile advertising platform AdIQuity, for an undisclosed amount, a company spokesperson said. We have contacted the firm for more details and will update the report as and w...

7 March, 2015 |More »

AppDynamics

US-based AppDynamics to hire over 200 for its R&D centre in India

US-based application performance management firm AppDynamics is setting up a research and development (R&D) centre in India by June this year, a senior executive of the company told Techcircle.in. The centre which will be located in Bangalore is expected to house over 200 employees in the next t...

5 March, 2015 |More »

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Mobile-first offline deals app Niffler raises $1M from SAIF Partners

Mumbai-based Niffler Labs Pvt Ltd which owns and operates, a mobile-first startup which offers deals from offline players, has raised $1 million in a seed round of funding from early stage investor SAIF Partners. The money will be used for expansion and technology enhancement. The startup was found...

4 March, 2015 |More »