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Mobile

Grab

Uber’s Southeast Asia battle intensifies as rival Grab raises funding

Southeast Asian cab-hailing firm Grab has raised $750 million in a round led by Japan’s SoftBank Group Corp. This has increased the Singapore-based startup’s total capital to over $1 billion. “With this transaction, Grab becomes the best capitalized technology startup and mobile internet compa...

21 September, 2016 | More »

Yahoo-Inc

Gasping to stay in the game, Yahoo Messenger adds video sharing feature

Yahoo! Inc. has announced a new feature that will allow users of its Messenger chat service to share videos, in the latest attempt to claw back lost ground in an intensely competitive market dominated by the likes of Facebook and Google. The new feature comes after Yahoo’s long run as an independe...

20 September, 2016 | More »

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Google launches app to help plan and personalise trips

Tech giant Google Inc. has launched Google Trips, a new app which will help travellers plan and personalise trips. Google’s new app helps the user personalise each trip with features such as day plans, reservations, things to-do, food & drinks. The most striking feature is that large parts of ...

20 September, 2016 | More »

Ola

Ola slashes rates for ride-sharing service in Delhi-NCR

Cab-hailing app Ola, run by ANI Technologies Pvt Ltd, has slashed prices of Ola Share, its ride-sharing service. From Tuesday, Ola Share rides will start at Rs 3/km in Delhi- NCR, according to e-mails sent by Ola to customers. The company claims now customers can save up to 25% more. There was no of...

19 September, 2016 | More »

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Food ordering startup Swiggy gets $15 mn from Bessemer Venture, others

Bengaluru-based Bundl Technologies Pvt Ltd, which owns and operates online food ordering platform Swiggy, has raised $15 million (Rs 100 crore) in a Series D funding round led by Bessemer Venture Partners. Swiggy’s existing investors, which include firms such as Accel India, SAIF Partners and ...

19 September, 2016 | More »

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Ola, Uber launch initiatives to meet taxi supply gap

Taxi aggregators, Ola and Uber have been adopting different models in their bid to meet the demand- supply gap. As Bengaluru based Ola takes to leasing of cars, San Francisco headquartered Uber, is continuing with a peer-to-peer model to respond to the growing demand. Through its leasing programme, ...

19 September, 2016 | More »

Lyft_F2

Uber rival Lyft plans driverless cabs

Lyft, America’s second-largest ride-hailing service after Uber, expects self-driving cars to account for a majority of its rides within five years, co-founder and president John Zimmer said. Zimmer told TIME in an interview he expects car ownership will “all but end” in major US cities in less...

19 September, 2016 | More »

milofy4

Exclusive: Couple socialising app Milofy gets Accel’s backing

Couple socialising app Milofy, run by Bangalore-based Futuron Systems Pvt. Ltd, has raised $740,000 (Rs5 crore) in seed funding from investment firm Accel Partners, according to two persons familiar with the development. The investment marks Accel Patners’ first investment in a social networking...

19 September, 2016 | More »

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News aggregator app NewsDistill raises $100K in seed funding

NewsDistill, a city-based news aggregator app has raised USD 100,000 in seed funding from a group of investors including Ganesh Narasimhan, Ramana Thumu, and Sudhir Mallem. NewsDistill today said in a statement that it is likely to raise another USD 100,000 from other investors in the next couple of...

16 September, 2016 | More »

Vishal Kumar BM

Exclusive: Bike taxi startup Hey Bob shuts down

Hey Bob, Bengaluru’s first bike taxi startup, has shut down after failing to raise fresh funding. “Yes, it has shut down,” co-founder Vishal Kumar BM told TechCircle on Thursday. “We have not made a formal announcement yet. We met our investors and we had a long chat and we decided to move o...

15 September, 2016 | More »