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LYCOS to acquire Austrian app maker TriTelA

LYCOS Internet Ltd intends to acquire TriTelA Gmbh, an Austrian firm that owns cross-platform texting app mysms, for an undisclosed amount. As part of the all-stock deal, the Indian company would also acquire SPH Wien (a content management and analytics platform for video) and Kika Social (a unifie...

8 February, 2016 | More »


Road safety analytics firm Zendrive gets $13.5M from Sherpa, others

Bangalore- and San Francisco-based Zendrive Inc, a data analytics startup focused on safe driving, has raised $13.5 million (around Rs 91 crore) in Series A funding led by Shervin Pishevar of Sherpa Capital, Nyca Partners and Thomvest Ventures. Zendrive’s existing investors First Round Capital, BM...

5 February, 2016 | More »


Dawailelo gets seed funding, plans to raise $3M in March

DL Lifecare Pvt Ltd, a healthcare startup which helps people connect with medical stores, doctors, pathology labs through its website and app, has raised Rs 35 lakh (around $52,000) in seed funding from two angel investors, co-founder and CEO Aditya Agrawal told VCCircle. The company, which runs on...

5 February, 2016 | More »


Tech Mahindra’s MoboMoney unveils sound-based digital payments

MoboMoney, a mobile wallet service started by IT services major Tech Mahindra Ltd, will now facilitate sound-based digital transactions. It has tied up with ToneTag, a payment app that uses sound waves to enable proximity-based contactless payments. MoboMoney would facilitate payments on all types o...

4 February, 2016 | More »


Amazon unveils hyperlocal grocery delivery app, to dabble in used goods

Online marketplace Amazon India on Wednesday started a hyperlocal grocery delivery service via an app in a development that could intensify competition for startups such as Grofers, LocalBanya and PepperTap. The local arm of Amazon.com Inc. launched its Amazon Now app that offers two-hour delivery f...

3 February, 2016 | More »


Meru set to launch inter-city ride-sharing services

After the successful rollout of ride-sharing services in Delhi, radio taxi company Meru Cab Company Pvt Ltd is now gearing up to launch similar services for its inter-city operations. The company, which runs inter-city operations connecting 23 cities, said it expects to launch inter-city ride-sharin...

3 February, 2016 | More »


India overtakes US as second largest smartphone market: Counterpoint

Smartphone shipments in the country grew 23.3 percent to touch 100 million units during 2015, compared to 81.1 million devices in the previous year, a report by Counterpoint Research said. “India has inched past the US to become the second largest smartphone market in terms of active unique sm...

3 February, 2016 | More »


Edtech startup Oust Labs receives seed funding from Mohandas Pai

Edtech startup Oust Labs Inc., a platform that helps students prepare for competitive exams using mobile gaming technology, has raised an undisclosed amount in seed funding from former Infosys director T V Mohandas Pai and Aarin Capital. In an email response to VCCircle, Mohandas Pai said that he in...

2 February, 2016 | More »


Lookup names Narayan Babu first tech chief

Lookup, a chat-based app that connects local merchants with customers, has appointed Narayan Babu as its first chief technology officer. Babu was the director of engineering at California-based Quixey Inc before joining Lookup, the Bangalore-based startup said in a press release. Quixey is a mobile ...

1 February, 2016 | More »


IRCTC curbs on e-wallets may deter Paytm, Mobikwik users

The ministry of railways’ decision to bar consumers from using e-wallet and cash cards to book train tickets using the Indian Railways Catering & Tourism Corporation Ltd, or IRCTC, website for four hours daily could affect Paytm and Mobikwik’s plans to get train travellers to use the...

29 January, 2016 | More »