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Smartphone sales growth to slow this year

Growth in global smartphone revenue is expected to slow this year as cheaper devices hit the market and weigh on average selling prices, research firm Gartner said on Thursday. With demand in mature markets such as North America and Europe easing, top smartphone makers Samsung and Apple are introduc...

14 February, 2014 |More »


InMobi claims 759M monthly active users, second only to Facebook

Bangalore- and San Francisco-based mobile ad network InMobi claims that its mobile ad network is reaching 759 million active users per month across 165 countries via mobile devices. In terms of global reach, the firm is now second only to social networking giant Facebook, which had 945 million mont...

13 February, 2014 |More »


CRM solutions firm Capillary raises funding from American Express Ventures

Bangalore-based Capillary Technologies Pvt Ltd, a cloud SaaS-based CRM solutions provider, has raised an undisclosed amount in funding from American Express Ventures. Although the amount has not been officially disclosed, some media reports have pegged the amount at $4.5 million. The capital will b...

12 February, 2014 |More »


Vuclip to expand to Singapore, Philippines & Vietnam; looking at profitability by 2014 end

Vuclip, the world’s largest independent mobile video and media firm with a presence in Southeast Asia and the Middle East, is planning to expand its operations into Singapore, Philippines and Vietnam soon. The company, which had raised $13 million in its Series D round of funding led by SingTel In...

11 February, 2014 |More »


InMobi unveils context-aware, interactive video ad platform

Bangalore- and San Francisco-based mobile ad network InMobi has launched a new platform, which enables brands/advertisers to enhance video ads by introducing clickable windows and call-to-action buttons to increase the interaction rate. The platform also helps end consumers receive contextually rele...

11 February, 2014 |More »


Nokia to unveil low-cost Android phone

Nokia will unveil a low-cost smartphone running a version of Google Inc’s Android operating system, despite the company’s close partnership with Microsoft Corp and its competing Windows system, according to a report in the Wall Street Journal. The handset division of the Finnish company,...

11 February, 2014 |More »


Truecaller secures $18.8M led by Sequoia Capital, announces integration with Yelp

Truecaller, a collaborative mobile phone directory app developed by Swedish startup True Software Scandinavia AB, has raised $18.8 million in funding led by Sequoia Capital, the company said in a blog post. The firm has also announced a partnership with US-based business directory and review si...

7 February, 2014 |More »


Excl: Mobile games developer Mech Mocha raises funding from CIIE, others

Ahmedabad-based Mech Mocha Game Studios Pvt Ltd, a mobile games development startup, has raised an undisclosed amount in funding from IIM-A’s tech incubator CIIE (Centre for Innovation, Incubation & Entrepreneurship), and a group of angel investors including Devendra Parulekar, partner at Ern...

6 February, 2014 |More »


Paytm unveils m-com marketplace strapped with a messenger to connect and bargain with vendors

Paytm, a digital goods and services marketplace from Noida-headquartered One97 Communications Ltd, has taken the wraps off its mobile-only shopping marketplace where the mobile app comes integrated with a digital wallet for payments. The firm said the app features more than 100,000 items from 250 me...

6 February, 2014 |More »


Inventus Capital leads $3.25M in Series A in developer of children’s digital book app FarFaria

California-based Intuary Inc, which provides FarFaria, an iPad app for digital books for kids, has closed $3.25 million in a Series A round of funding led by Inventus Capital Partners to grow its library and also to add more devices. As part of the deal, Manu Rekhi from Inventus Capital has joined ...

6 February, 2014 |More »