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Rewind 2014: Top deals in mobile & mobile-first ventures

2014 turned out to be a blockbuster year for new generation tech ventures and even though e-commerce followed by consumer internet clearly dominated the show, others such as mobile-only or mobile-first ventures also clocked some significant transactions. Moreover, as Paytm among others gear up for t...

31 December, 2014 | More »


Olacabs rolls out on-demand auto rickshaw hiring service in Delhi NCR

Within a month of foraying into the auto booking space, online cab hiring service Olacabs, run by Mumbai-based ANI Technologies Pvt Ltd, has now rolled out an on-demand auto rickshaw hiring service in Delhi NCR region. The company already offers similar services in cities like Pune, Chennai and Bang...

30 December, 2014 | More »


Excl: Instant messaging app Yup! raises $500K in seed funding, looking to raise $10M in Series A

Gurgaon-based Nucleus Research Pvt Ltd, the company behind instant messaging app Yup!, has raised $500,000 (over Rs 3 crore) in seed funding from Olive Telecom chairman Arun Khanna and angel investor Harsh Khanna, a top executive of Yup! told Techcircle.in. “The funding is being used to turn Yup...

29 December, 2014 | More »


Airtel rolls back plan to charge data subscribers more for VoIP calls

Telecom services firm Bharti Airtel has rolled back its plans to charge extra more from its internet service subscribers for making VoIP (voice over Internet protocol) calls. This comes within days of its proposed plan to charge more for the VoIP, which competes with its core call services, amid wid...

29 December, 2014 | More »


MobiKwik appoints Mrinal Sinha as its head of strategy

Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik.com, has appointed Mrinal Sinha as its head of strategy. In his new role, Sinha will lead the strategic roadmap (with the management) of the company, identifying key opportunities for t...

29 December, 2014 | More »

Bin Lin

Xiaomi raises $1.1B from All-Stars, DST Global, GIC & others at $45B valuation

Chinese smartphone manufacturer Xiaomi, which also has a good presence in India, has confirmed that it has received $1.1 billion in fresh funding from All-Stars Investment, an investment firm launched by former Morgan Stanley analyst Richard Ji, besides Russian investment firm DST Global, Singapore ...

29 December, 2014 | More »


Promoters may delist Spice Mobility

B K Modi Group is looking to delist its listed group firm Spice Mobility Ltd (formerly S Mobility) with private holding firm Smart Ventures Pvt Ltd proposing to voluntary delist the company from the stock exchanges, as per a stock market disclosure. A board meeting will be held on Friday, January 2 ...

29 December, 2014 | More »


Chinese handset maker Xiaomi claims to have sold 1M smartphones in India in five months

Chinese smartphone manufacturer Xiaomi claims to have sold a million smartphones in India within five months of its launch in the country. Already one of the leading smartphone manufacturer’s in China, Xiaomi had made its debut in the Indian smartphone market in July this year with the launch of i...

26 December, 2014 | More »

Bharti Airtel logo

Airtel to charge its subscribers extra for VoIP calls over 2G and 3G

In a move that will upset (to put it lightly) its subscribers, telecom operator Airtel will now charge extra for VoIP (Voice over Internet Protocol) calls over 2G and 3G in India. What this basically means is that even if you have an active 2G/3G internet data pack, you will still need to shell out ...

24 December, 2014 | More »


Mobile social gaming startup PlaySimple gets funding from IDG Ventures, others

Bangalore-based mobile social gaming startup PlaySimple Games has secured an undisclosed sum in funding from IDG Ventures. The round also saw participation from Yezdi Lashkari, an angel investor and former general manager at Zynga. IDG invested in PlaySimple via its recently-launched seed funding ...

24 December, 2014 | More »