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Ola Play to let users stream content from car’s console

Amidst a fierce battle with Uber for dominance in the Indian online cab hailing market, Ola said on Tuesday it would launch a connected car platform, Ola Play. Ola Play will use custom user preferences and ride information like time and destination to offer recommendations in the ride. It will also ...

22 November, 2016 | More »

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Social networking app Nodd raises angel funding

Mumbai-based Nodd Ventures Pvt Ltd, the company which operates networking app Nodd, has raised Rs 1 crore ($146,000) in funding from former Just Dial Ltd chief technology officer Sandipan Chattopadhyay, IKYA Global associate partner Jaison Jose and other investors. The company will use the funds ...

22 November, 2016 | More »

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Oxigen partners with eBay for assisted retail

Payment solution provider Oxigen Services has got into a partnership with online marketplace eBay India, according to a press statement. This association will help Oxigen Services customers access over 100 million product listings on www.ebay.in. Under this association, Oxigen brings a unique O2O so...

22 November, 2016 | More »

VoLT funding

Vocabulary learning startup VoLT gets seed funding

Ed-tech startup VoLT, run by Edutainment Spearheads Pvt. Ltd., has raised an undisclosed amount of seed funding from YMS Mobitech, a tech-based distribution company. VoLT (Vocabulary Learning Technique) simplifies vocabulary learning process using creative teaching methodologies, mnemonics, anecdote...

22 November, 2016 | More »

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News summarisation app Awesummly raises $146K

Bengaluru-based NitroLabs Technology Pvt Ltd, the company which runs and operates news summarisation app Awesummly, has raised $146K (Rs 1 crore) in funding from Vivek Bhargava, chief executive, iProspect, a digital performance marketing agency, and Ameera Shah, promoter and managing director of Met...

22 November, 2016 | More »

Datasigns

Fin-tech startup Datasigns raises angel funding

  Financial-technology startup Datasigns Technologies Pvt. Ltd has raised an undisclosed amount in angel funding from V. Bunty Bohra, CEO of Goldman Sachs Services India, and former JP Morgan and UBS executive Sanjai Vohra. Bohra invested in his personal capacity, the mobile-first startup said ...

22 November, 2016 | More »

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Enterprise sales assistant startup Vymo raises $5 mn from Sequoia

US- and Bengaluru-based enterprise sales assistant Vymo Solutions Pvt. Ltd has raised $5 million (nearly Rs 34 crore) in Series A funding from Sequoia Capital India. Vymo said it would use this funding to deepen its R&D (research and development) and strengthen its presence in international mark...

22 November, 2016 | More »

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Uber, Ola target wedding season with tailor-made logistics services

Just as the wedding season starts in the country, cab-hailing companies Ola and Uber have introduced new services to cater to all wedding-related travels in a market where the two are battling to establish a position of dominance. While Uber announced its wedding logistics transport offering christe...

21 November, 2016 | More »

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Paytm hits $5 bn gross transaction value, MobiKwik ups target on demonetisation

With people being compelled to switch to non-cash mode after the demonetisation move, digital payments company Paytm has been witnessing over 7 million transactions worth Rs 120 crore a day, helping it crosss USD 5 billion GMV sales, four months ahead of its target. Gross Merchandise Value (GMV), wh...

21 November, 2016 | More »

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Facebook to buyback $6 billion of stock

Menlo Park, California-based social networking giant Facebook Inc. is all set for a stock buyback of $6 billion from its shareholders, according to a filing on Friday with the US regulator Securities and Exchange Commission. As per the company’s latest financial results, it has a cash reserve of $...

19 November, 2016 | More »