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Ola-Money

Ola opens wallet service for third-party shopping

Ola’s prepaid wallet can now be used to pay for transactions on budget hotels aggregator OYO Rooms and other e-commerce platforms. Ola Money, currently used for payments across all of Ola’s services such as taxis, auto rickshaws, food delivery venture (Ola Café) and grocery delivery service (Ol...

24 August, 2015 | More »

Vijay Shekhar Sharma

One97 to hive off payments unit under Paytm

One97 Communications Ltd is planning to separate its e-commerce and payments businesses as part of plans to go head first with the payments bank platform. The company that counts Alibaba’s Alipay and SAIF Partners as large shareholders will separate the payments business under a new company Pa...

21 August, 2015 | More »

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ePoise raises over $500K from Orios, others

Bangalore-based ePoise Systems Pvt Ltd, a startup which automates interviews and enables talent analytics, has raised over $500,000 from VC firm Orios Venture Partners, Slideshare co-founder Amit Ranjan and other investors. As per a press statement, the company will use the money for its new product...

21 August, 2015 | More »

UBER_logo

Uber integrates Airtel Money as a payment mode

Uber Technologies Inc has joined hands with telecom major Bharti Airtel for allowing its riders to pay with mobile wallet service Airtel Money. Starting with Mumbai, Bharti Airtel will also offer 4G internet access on Uber cabs to its drivers and customers. “Our partnership with Uber is directly i...

21 August, 2015 | More »

Rajesh Kamra

Koovs’ co-founder returns to deals aggregation with Perksmap

Koovs.com co-founder Rajesh Kamra has ventured into the loyalty rewards space by co-founding a new app that discovers deals from shopping and dining outlets. Christened Perksmap, the newly launched app functions as a mobile marketplace, connecting offline lifestyle e-tailers with customers for last ...

19 August, 2015 | More »

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Tata Opportunities Fund invests in Uber

Tata Capital’s flagship private equity fund Tata Opportunities Fund (TOF) has invested an undisclosed amount in Uber Technologies Inc, which runs a ride-hailing app Uber, it said on Wednesday. This is the first overseas investment by TOF and the third deal in as many months. “Uber’s te...

19 August, 2015 | More »

LINE_logo

Mobile messaging service LINE rolls out lighter app for slow connections

Mobile messaging service LINE has begun the global rollout of its ‘Lite’ app for users constrained by low storage space and unpredictable data networks. LINE Lite weighs less than 1MB and is 25 times faster than the 23MB standard LINE app, the Japan-based company said in a statement. In the firs...

18 August, 2015 | More »

Zoojoo_logo

Social wellness app builder Zoojoo.be raises $1M from RoundGlass

Uber Health Tech Private Ltd, a startup that builds social wellness apps for corporate staffers under the brand Zoojoo.be, has bagged $1 million (Rs 6.4 crore) in series A funding from US-based VC fund RoundGlass Partners. Avinash Saurabh, co-founder and CEO of the IIM Bangalore-incubated Zoojoo.be,...

18 August, 2015 | More »

Roposo_logo

Fashion discovery app Roposo raises $15M more from Tiger Global

Gurgaon-headquartered Relevant e-solutions Pvt Ltd, the startup behind fashion-focused social network Roposo.com, has raised $15 million (around Rs 98 crore) from existing investor Tiger Global Management, as per a press statement. The company will use the funding to build a strong team, reinforce t...

18 August, 2015 | More »

State_Bank_Buddy_logo

SBI launches mobile wallet app ‘Buddy’

Country’s largest lender State Bank of India today launched a mobile wallet app, SBI Buddy, in collaboration with Accenture and Mastercard. The service will be available to existing as well as non-SBI customers. The app was launched by Finance Minister Arun Jaitley along with Jayant Sinha, Min...

18 August, 2015 | More »