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Ola, Uber will have to charge govt-set fares, rules Delhi High Court

Clamping down on surge pricing by app-based cab service providers like Ola and Uber, the Delhi High Court today set August 22 as the deadline after which such entities and other taxi operators cannot charge passengers more than the government-fixed rates. The August 22 deadline was fixed after Uber ...

11 August, 2016 | More »

Vivekraj Shah (left) & Surpreet Singh, Co-founders, Funcastic

Exclusive: Podcast aggregator startup Funcastic gets seed funding from HT Media’s accelerator

Delhi-based B2C vernacular podcast aggregator platform Funcastic has raised seed funding from a startup accelerator launched by HT Media Ltd and US-based investment firm North Base Media, two persons aware of the development told TechCircle. The firm aims to use the funds for technology development ...

10 August, 2016 | More »

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Jugnoo launches lunch delivery service to boost hyper-local grocery platform Fatafat

Chandigarh-based SoCoMo Technologies Pvt Ltd, which runs on-demand urban transport aggregator Jugnoo, has launched a ready-to-eat lunch delivery service, aimed at augmenting its recently launched hyper-local grocery delivery service Fatafat. In a week’s time, it plans to launch services for evenin...

10 August, 2016 | More »

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Tech Mahindra’s jobs marketplace Saral Rozgar scouting for a strategic investor

Saral Rozgar, a mobile-based jobs marketplace incubated by Tech Mahindra Ltd, is scouting for a strategic investor that would partly or completely buy out its majority stakeholder Tech Mahindra Growth Factories Ltd (TMGF). The company has already mandated an investment banker to look for an investor...

10 August, 2016 | More »

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Anupam Mittal, Sharad Sharma, others invest $500K in photo-sharing app Vebbler

Vebbler Technologies Pvt. Ltd, which operates photo-sharing app Vebbler, has raised $500,000 (around Rs 3.3 crore) in angel funding from a group of 16 investors from India, Singapore, Hong Kong and the US, through LetsVenture that connects startups with angels and venture capitalists, the company sa...

10 August, 2016 | More »

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Can Orkut founder’s new social network Hello recreate the magic?

Remember Orkut? The social networking site was all the rage before it was eclipsed by Facebook. Now, Orkut’s creator is taking a second shot at success. Former Google engineer Orkut Buyukkokten developed Orkut.com in 2002 as an independent project within the search engine giant. He took advantage ...

8 August, 2016 | More »

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Why Big Bazaar tied up with Paytm

Kishore Biyani has been extremely critical of the business model followed by e-commerce companies in the past. The founder and group CEO of one of India’s largest organised retailer Future Group, however, cannot close his eyes to the potential of e-commerce and the ever-growing base of custome...

5 August, 2016 | More »

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Apple’s India iPhone sales, market share tumble as pressure mounts to boost growth

Apple Inc.’s mobile-phone shipments and market share in India plunged in the April-June period from a year earlier, according to US-based research firm Strategy Analytics, highlighting the challenges the iPhone maker faces in the world’s third-largest smartphone market. The company shipped 800,0...

5 August, 2016 | More »

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Sequoia India-backed Indonesian on-demand services platform Go-Jek raises $550 mn

Jakarta-based PT Go-Jek Indonesia, which runs personal transportation and hyperlocal shopping app Go-Jek, has secured $550 million in funding from a clutch of investors that include investment firms KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets. Existing investors Sequoia I...

4 August, 2016 | More »

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This for That, a platform for women in constant search of newness

Tanya rummages through her wardrobe every morning for clothes to wear for the day. Her life comes to a standstill as she struggles to break the monotony, and snap out of boredom but cannot, given the same old clothes and colours in her stock. Shopping regularly is not an option as it burns a huge [&...

4 August, 2016 | More »