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Plabro raises $350K from Flipkart co-founders & others

Plabro Networks Pvt Ltd, a mobile-only commercial networking platform for real estate agents, has secured $350,000 (Rs 2.3 crore) in its first round of funding from a group of investors including Flipkart co-founders Sachin Bansal & Binny Bansal (not related), according to a press release. Early...

17 September, 2015 | More »

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Snapdeal takes on Paytm with FreeCharge’s digital wallet

Online recharge and utility payments portal FreeCharge, which was acquired in April by e-commerce marketplace Snapdeal, has launched a digital wallet in partnership with YES Bank. Christened FreeCharge Digital Wallet, the new offering would compete with similar facilities offered by Paytm, Mobikwik,...

15 September, 2015 | More »

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Nandan Nilekani invests in mobile balance tracker Mubble

Bangalore-based mobile startup Mubble, run by Mubble Networks Pvt Ltd, has raised an undisclosed investment from Nandan Nilekani, co-founder and former CEO of Infosys. The money will be utilised to scale up its technology team, the company said in a statement. Mubble, a mobile app, assists prepaid ...

15 September, 2015 | More »

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Suvidhaa Infoserve buys m-POS startup AasaanPay

Suvidhaa Infoserve Pvt Ltd, a company that provides internet-based payment collection services for various industries, has acquired mobile point of sale (POS) startup Aasaanpay Solutions Pvt Ltd that operates under the brand AasaanPay, for an undisclosed amount. The acquisition includes AasaanPay’...

15 September, 2015 | More »

Uber

Delhi govt rejects Uber’s application to run taxis in capital

In a setback to US-based online cab service provider – Uber, the Delhi government has rejected again the company’s application for licence to run its taxis in the national capital. The government’s move comes around a fortnight after it rejected the application for license by anoth...

15 September, 2015 | More »

MoEngage

MoEngage raises $4.25M from Helion, others

User analytics and engagement platform for mobile for mobile apps MoEngage, owned and operated by MoEngage India Pvt. Ltd, has raised $4.25 million (Rs 28 crores) in Series A funding round led by Helion Venture Partners. Exfinity Ventures, Snapdeal co-founders Kunal Bahl and Rohit Bansal and TaxiFo...

15 September, 2015 | More »

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Ola raises $225M more from Falcon Edge, others

Mumbai-based ANI Technologies Pvt Ltd, which runs online cab booking service Ola (formerly Olacabs), is said to have raised around $225 million (Rs 1,478 crore) in a fresh round of funding from existing investors Falcon Edge Capital, Tiger Global Management, SoftBank and others. The development was ...

14 September, 2015 | More »

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Cyber Chef wants foreigners to dine at Indian homes

Gurgaon-based Cyber Chef, an online marketplace for home-cooked meals, is keen to appease the taste buds of foreign tourists. The food-tech venture is piloting a model in which it would facilitate meals from Indian families and provide other culinary services to foreigners, said Neha Puri, Cyber Che...

14 September, 2015 | More »

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Just Dial updates app to push transaction services

Online local business search engine company Just Dial Ltd, which is slowly trying to morph into an e-commerce marketplace, has launched a new app that integrates each of its 25 transaction-related services on a single platform. “Just Dial’s new visually appealing multi-purpose Search Plus ap...

14 September, 2015 | More »

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Mobile-tech & data science startup InVenture raises $10M

New York-based mobile tech and data science firm InVenture has raised $10 million in Series A round of funding led by Data Collective, a venture capital fund that invests in entrepreneurs building Big Data companies, according to a press release. India and US-based early stage investment firm India ...

14 September, 2015 | More »