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Nazara creates gaming franchisee with ‘Chota Bheem’ owner; to invest $7.6M

Mumbai-based mobile entertainment company Nazara Technologies Pvt Ltd has entered into an exclusive partnership with Green Gold Animation, a Hyderabad-based animated content developer, to create mobile games based on the latter’s television animation series Chhota Bheem. As part of this partne...

17 August, 2015 | More »


Personal fitness coach app Orobind raises pre-Series A funding

Bangalore-based Orobind Fitness Technologies Pvt Ltd, which offers access to fitness experts through the curated marketplace model, has secured an undisclosed amount in a pre-Series A fundraising. It’s existing investors Harpreet Singh Grover (co-founder, Cocubes), Lalit Mangal (co-founder, Common...

17 August, 2015 | More »


Naspers-owned PayU India strengthens leadership team

Online payments and mobile wallet company PayU India Internet Pvt Ltd is strengthening its upper deck to expand leadership bandwidth and consolidate presence in global markets. McKinsey & Co’s Raj Kamal has joined the Gurgaon-based company as vice president of strategy while Sanjeev Sandhu has...

14 August, 2015 | More »


Mauj Mobile eyes premium gamers for new appstore Gamesbond; targets 100M Android game downloads

Increasing smartphone penetration coupled with the growing demand for digital gaming has propelled Mauj Mobile to come up with a new appstore for paid games. Christened Gamesbond, the premium mobile platform will serve as Mauj’s second gaming appstore after Mobango (mostly free content), which...

14 August, 2015 | More »


TV serials & movie producer Balaji Telefilms launches online platform with original digital content

Film and television production house Balaji Telefilms Ltd is venturing into the digital media space through a new unit that will churn out original shows tailored for web and mobile users. ALT Digital Media, the newly launched wholly owned subsidiary of Ekta Kapoor-promoted Balaji Telefilms, is targ...

14 August, 2015 | More »


Social networking app Voxweb raises $100K from CitrusPay co-founder Jitendra Gupta

VoxWeb, a social networking app that allows users to attach a 11-second audio clip to any image, has secured seed funding of $100,000 from CitrusPay co-founder Jitendra Gupta. VoxWeb is using the money, which was raised last year, for its ongoing expansion plans, said Yash Mishra, the company’s 29...

14 August, 2015 | More »


M-commerce platform for farmers AgroStar raises $3.6M from IDG Ventures, Aavishkaar

Pune-based AgroStar, a direct-to-farmer mobile-based retail channel, has raised $3.6 million (Rs 24 crore) in its second round of funding from IDG Ventures India and existing investor Aavishkaar Venture Management. Run by Ulink BioEnergy Pvt Ltd, AgroStar will use the money to expand operations to f...

13 August, 2015 | More »


Paytm claims 100M mobile wallet users with 75M daily transactions

Mobile commerce and virtual wallet property Paytm now has over 100 million users in the country for its mobile wallet, said Vijay Shekhar Sharma, founder and CEO. Paytm, which is run by Noida-headquartered mobile internet firm One97 Communications Ltd, reached this milestone less than four months af...

12 August, 2015 | More »


Techcircle Startup Walkabout Pit Stop VI – MobiKwik

Bipin Preet Singh’s entrepreneurial journey with MobiKwik has many takeaways for budding startups. The co-founder and CEO of MobiKwik bootstrapped his company for nearly four years, worked out of home for a year and moved into a smaller house to save money. Six years later, Singh, who started ...

12 August, 2015 | More »


Techcircle Startup Walkabout Pit Stop II – Micromax Informatics, Gurgaon

After braving Delhi rain and negotiating traffic snarls, we reached the nerve centre of the world’s tenth largest smartphone vendor- Micromax Infomatics. Kumar Shah, Head of M&A at Micromax, welcomed the participants and asked them to introduce their ventures to the Micromax team. Soon, Sh...

11 August, 2015 | More »