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Amit-Singhal_fe

Uber fires Amit Singhal for not disclosing sexual harassment charge at Google

US-based Uber Technologies Inc. has asked senior vice president of engineering Amit Singhal to resign from the company for reportedly failing to disclose a sexual harassment allegation at his previous organisation Google. Uber’s co-founder and chief executive Travis Kalanick asked Singhal to leave...

28 February, 2017 | More »

PayU to widen fintech play, bets on cross-border payments, offline business

PayU to widen fintech play, bets on cross-border payments, offline business

Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be on payments, particularly cross-border payments, it is also entering the credit business and offline space. In an interaction with VCCircle, PayU co-founder and chief operating off...

28 February, 2017 | More »

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Hotel solutions provider Hostmaker raises $6.5 mn from Ventech, others

Hospitality management services startup Hostmaker.co has secured $6.5 million (Rs 43.37 crore) in Series A funding led by Paris-based venture capital fund Ventech and existing investor DN Capital, the company said in a press statement. The round also saw the participation of DSG Consumer Partners. L...

28 February, 2017 | More »

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Ola raises $330 mn in fresh round led by SoftBank: Report

Bengaluru-based cab-hailing firm Ola, run by ANI Technologies Pvt. Ltd, has raised $330 million (Rs 2,200 crore) in fresh funding led by existing investor SoftBank Group Corp, a media report said on Monday. Citing sources it did not identify, Business Standard reported that the Japanese tech giant a...

27 February, 2017 | More »

K'taka HC bars protestors from stopping Uber cabs; strike may spread to Mumbai

K’taka HC bars protestors from stopping Uber cabs; strike may spread to Mumbai

US-based Uber Technologies Inc’s India subsidiary Uber India Technologies Pvt. Ltd has obtained a restraining order from the Karnataka High Court that bars protesters, including union leaders and members, from blocking and stopping the company’s cabs. “The Hon’ble Karnataka High ...

27 February, 2017 | More »

skype_fe

What’s inside Aadhaar-linked Skype Lite?

Skype Lite, the 13MB video-calling app that works flawlessly even on a slow network, could well be the answer to the woes of scores of mobile users struggling with call drops and barely-workable data speeds in India. A lighter version of Skype, the video conferencing service from Microsoft, sits lig...

23 February, 2017 | More »

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Ola, Uber drivers begin indefinite strike in Bengaluru; services paralysed

Nearly 90% of the one lakh cab drivers associated with taxi-hailing companies Ola and Uber are taking part in an indefinite strike in Bengaluru, bringing the app-based taxi services to a grinding halt in the city. The protesters demand better incentives and relaxed work hours and call for an immedia...

23 February, 2017 | More »

MobiKwik

MobiKwik to invest $45 mn on merchant, user acquisition

Digital wallet MobiKwik, run by One Mobikwik Systems Pvt. Ltd, will invest Rs 300 crore (about $45 million) this year on acquiring merchants and users, as it looks to increase its share in the highly competitive payments market. Nearly Rs 50 crore is being invested to set up 13 offices and hire over...

23 February, 2017 | More »

freshdesk

Freshdesk plays catch-up with Zoho and Salesforce, launches app marketplace

Chennai-based Freshdesk Technologies Pvt Ltd has launched its own app marketplace for developers and clients, the company said in a press statement. The marketplace allows customers to discover and install apps and helps maximise the capabilities of their helpdesk. Developers can earn revenue throug...

23 February, 2017 | More »

Govind Rajan

FreeCharge CEO Govind Rajan quits

FreeCharge chief executive officer Govind Rajan has resigned from the company just nine months after he was appointed to lead the Jasper Infotech-owned digital payments subsidiary. “It has been a unique privilege to helm FreeCharge in these exciting times of rapid growth and user-focussed innovati...

22 February, 2017 | More »