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V-Day deal: Dating app Aisle raises fresh funding from CIO Angel Network

Bangalore-based startup Aisle Network Pvt. Ltd, which runs matchmaking app Aisle, has raised an undisclosed amount in fresh funding from CIO Angel Network. Konglo Ventures, White Unicorn Ventures and LetsVenture also participated in the round. The funding was led by Anthony Thomas, former CIO of Vod...

14 February, 2017 | More »

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Mobile app analytics startup CleverTap names Almitra Karnik as marketing head

Mobile app analytics and user engagement platform CleverTap, run by Mumbai-based WizRocket Inc, has appointed Almitra Karnik as head of marketing, it said in a statement. Karnik will be managing brand strategy as well as digital, content and partner marketing along with public and analyst relation ...

14 February, 2017 | More »

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Infibeam set to merge payment gateway firm CCAvenue with itself

Infibeam Incorporation Ltd has entered into a pact to merge CCAvenue with itself in a deal that is expected to value the payment gateway firm at Rs 2,000 crore ($298 million). The e-commerce company, which already owns 3.85% in Avenues India Pvt. Ltd-run CCAvenue through subsidiary NSI Infinium Glob...

14 February, 2017 | More »

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Cab drivers protest outside Ola offices in Delhi

The agitation by Uber and Ola drivers demanding better incentives got out of control in the national capital on Monday, with protesters gathering around Ola’s offices in the city. A person aware of the development told Techcircle that after protests flared up at one of its offices, the cab-hai...

13 February, 2017 | More »

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Jugnoo launches taxi aggregation amid strike by Ola, Uber drivers

SoCoMo Technologies Pvt. Ltd, which runs on-demand delivery services startup and auto rickshaw aggregator Jugnoo, has announced its entry into the taxi aggregation business at a time when key players in the segment are facing drivers’ ire over diminishing incentives and low earnings. “We hav...

13 February, 2017 | More »

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Top-level exits continue at Ola as another senior exec quits

The exodus of key personnel at cab-hailing firm Ola shows no signs of stopping, with another top-level resignation coming to the fore. Chief operating officer of offline initiatives, Anuj Bhargava, who was instrumental to some of Ola’s recent initiatives like Ola Play, has resigned, a company spok...

13 February, 2017 | More »

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UAE payments company acquires mobile PoS startup MobiSwipe

United Arab Emirates-based payments solutions provider OMA Emirates has acquired Mumbai-based MobiSwipe Technologies Pvt. Ltd for an undisclosed sum as it looks to broaden its overall portfolio in the Middle East, Eastern Europe and APAC regions, the company said in a statement on Monday. MobiSwipe ...

13 February, 2017 | More »

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WhatsApp launches two-step verification for added security

Facebook-owned messaging app WhatsApp has introduced an optional two-step verification feature for added security for users with Android, iOS and Windows devices. WhatsApp users who have two-step verification enabled would be asked to present a six-digit passcode in order to verify their numbers, th...

11 February, 2017 | More »

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Quikr revenue doubles in December quarter

Online classifieds portal Quikr India Pvt. Ltd doubled its revenue in the quarter-ended December over the same period last year driven by a steady increase in the number of users responding on the platform. “The company more than doubled its quarterly revenue year-on-year, despite a broader macroe...

10 February, 2017 | More »

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Uber, Ola drivers go on strike in Delhi; demand better incentives

Just as app-based taxi drivers’ agitation over falling incomes is fast spreading to more Indian cities, drivers of cab-hailing companies Uber and Ola started an indefinite strike in the national capital from Friday to protest against the unfriendly policies of their employers. The protest comes we...

10 February, 2017 | More »