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Ola spent nearly Rs 100 crore to earn Rs 31 crore revenue a month in FY15

Ola, India’s largest on-demand cab hailing service, burnt as much cash as the country’s top three legacy online travel agencies—MakeMyTrip, Yatra and Cleartrip—put together in 2014-15, as it left no stone unturned to stave off competition from US-based rival Uber Inc. ANI Technologies Pv...

23 June, 2016 | More »


Personal assistant app Joe Hukum rejigs business model

App-based provider of concierge services Joe Hukum is recasting its business model to focus more on business-to-business (B2B) operations for better monetisation, its founder told Techcircle. “We realised that despite a decent number of transactions, there wasn’t enough money to be made in busin...

23 June, 2016 | More »


Exclusive: Hyperlocal grocery marketplace LazyLad shuts B2C operations

Hyperlocal mobile commerce marketplace LazyLad has pulled down the shutters on its business-to-consumer (B2C) operations, laying off close to 30 people in the process. Saurabh Singla, co-founder and CEO, LazyLad confirmed the development to Techcircle. He said that the company is looking at pivoting...

22 June, 2016 | More »


Five interesting yoga apps for a healthier you

Today is the second International Yoga Day. As the ancient practice of yoga goes digital, a number of innovative yoga apps have been developed that virtually double up as your personal yoga guru. These help you master the art of yoga, using tools such as audio and video tutorials and pictures. Check...

21 June, 2016 | More »


Govt schemes tracker The Indian Iris raises angel funding from Timbru Ventures

The Indian Iris, a policy research and consulting startup that focuses on analysing and simplifying government policies and schemes, has raised an undisclosed amount in angel funding from Ahmedabad-based Timbru Ventures. The startup plans to use the funds to scale its operations, hire more resources...

21 June, 2016 | More »


Smartphone maker Lava strengthens top deck

Homegrown mobile handset maker Lava International Ltd—that manufactures mobile phones under the brand name Lava—has appointed Rahul Agarwal as chief technology officer (CTO) and Ankit Pal as design head, as it gears up to enter the services sector spanning entertainment, education, agriculture a...

20 June, 2016 | More »


Goibibo rolls out travel-based social network

Online travel agency (OTA) Goibibo.com, part of South African digital media firm Naspers, has rolled out a travel social network on its mobile app titled, ‘GoContacts’ which enables users to get connected on Goibibo app using their phone books. “By launching GoContacts, we are further strength...

20 June, 2016 | More »


What Ola can learn from Didi Chuxing on its battle against Uber

Chinese cab-hailing firm Didi Chuxing, the main local competitor for Uber Technologies Ltd in China, has just raised an incredible $7.3 billion in fresh financing. The latest round brings DidiChuxing’s war chest to about $10.5 billion, against the $11.5 billion on Uber’s balance sheet. Q...

20 June, 2016 | More »


Jugnoo ventures into B2B logistics with Dodo Deliveries

Chandigarh-based SoCoMo Technologies Pvt Ltd, which runs on-demand urban transport aggregator Jugnoo, has started a logistics service for businesses called Dodo Deliveries. The new offering from Jugnoo will also augment its recently introduced hyperlocal grocery delivery service Fatafat. Dodo has be...

20 June, 2016 | More »


Ola pilots hourly rental offering for cabs

Homegrown cab aggregator Ola has been piloting a new hourly package service, as it seeks to strengthen its offerings amid an intense battle for market leadership with US-based rival Uber Inc. Under a subhead titled ‘What’s New’ on its Google Play Store page, Ola has hinted at the introduction ...

20 June, 2016 | More »