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Micromax likely to enter wearable device space

Home grown handset and tablet manufacturer Micromax could expand its offerings to wearable devices and machine-to-machine products in its next phase of growth, according to a The Economic Times report citing Sanjay Kapoor, the newly-appointed chairman of Micromax. He mentioned that the company wants...

9 June, 2014 |More »


Eros International acquiring controlling stake in mobile VAS firm Techzone

Mumbai-based film studio Eros International Media Pvt Ltd is picking a controlling stake in Chennai-based mobile value added services (VAS) provider Universal Power Systems Pvt Ltd which operates under the banner of Techzone for an undisclosed amount. Established in 1991 by Naveen Bhandari, Techzone...

9 June, 2014 |More »


Aakash maker DataWind files for $27M IPO in Canada, seeks $107M valuation; may launch virtual store for e-books, music & apps

Canada-based DataWind Inc, a wireless web access products and services developer, widely known in India for its low-cost Aakash/UbiSlate brands of tablets, is looking to raise up to C$30 million ($27.41 million) in net proceeds through an initial public offering (IPO) on the Toronto Stock Exchange, ...

5 June, 2014 |More »


Micromax appoints former Airtel CEO Sanjay Kapoor as chairman

Home-grown handset and tablet manufacturer Micromax Informatics Ltd has appointed Sanjay Kapoor, former CEO of Bharti Airtel, as chairman of its board. Kapoor’s induction comes barely days after the firm roped in Vineet Taneja, former country head (IT & mobile businesses) at Samsung India, ...

5 June, 2014 |More »


India sees over 186% growth in smartphone sales in Q1, is one of the fastest growing markets in APAC region: IDC

India was the highest growing smartphone market in the Asia-Pacific (APAC) region with a year-on-year (YoY) smartphone shipment growth of over 186 per cent in the first quarter of 2014. Vendors shipped a total of 17.59 million smartphones in Q1, 2014 compared to 6.14 million units in the same period...

5 June, 2014 |More »


After Nigeria, iKaaz launches contactless mobile payment in Kenya

After a successful entry in Nigeria earlier this year, Bangalore-based mobile payment solutions provider iKaaz Software Pvt Ltd has now expanded into Kenya. For the same, the company has partnered with Family Bank, one of the leading banks in the country. As part of the partnership, iKaaz will provi...

5 June, 2014 |More »


Appy Pie rolls out cloud-based mobile game builder, to launch own ad network

Noida-based ONS Interactive Solutions Pvt Ltd, which offers a cloud-based do-it-yourself (DIY) app developing platform Appy Pie has rolled out a new platform for users to create mobile games for free. The firm is also looking to launch an ad network later this month exclusively for developers that w...

4 June, 2014 |More »


Delhi-based mobile gaming company Octro raises $15M in Series A round from Sequoia

Delhi-based mobile gaming company Octro has raised $15 million (around Rs 89 crore) in its first round of institutional funding from venture capital firm Sequoia Capital, according to a report by The Times of India. “With the smartphone penetration in India likely to grow to 500 million from th...

4 June, 2014 |More »


DIY ad creatives’ tool Bonzai enters Australia & New Zealand; looking for funding to expand into US & Europe

Mumbai-based Bonzai, a do it yourself (DIY) ad creatives’ tool for mobile and tablet devices has recently expanded its operations to Australia and New Zealand, Bonzai’s co-founder Sameer Shah told TechCircle.in. The three year old startup has an office in Singapore through which it caters to the...

3 June, 2014 |More »


Mobile payments service provider Ezetap acquires loyalty platform provider Clinknow

Bangalore-based mobile payments service provider Ezetap Mobile Solutions Pvt Ltd has acquired Clinknow, a provider of loyalty platform for retailers, for an undisclosed amount. The acquisition will enable Ezetap in facilitating merchants to acquire new consumers or retarget existing consumers by usi...

2 June, 2014 |More »