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Dodo4

Jugnoo ventures into B2B logistics with Dodo Deliveries

Chandigarh-based SoCoMo Technologies Pvt Ltd, which runs on-demand urban transport aggregator Jugnoo, has started a logistics service for businesses called Dodo Deliveries. The new offering from Jugnoo will also augment its recently introduced hyperlocal grocery delivery service Fatafat. Dodo has be...

20 June, 2016 | More »

ola_fe

Ola pilots hourly rental offering for cabs

Homegrown cab aggregator Ola has been piloting a new hourly package service, as it seeks to strengthen its offerings amid an intense battle for market leadership with US-based rival Uber Inc. Under a subhead titled ‘What’s New’ on its Google Play Store page, Ola has hinted at the introduction ...

20 June, 2016 | More »

Delta_T

This gaming startup will turn your neighbourhood into a virtual battleground

Two-and-a-half years ago a startup incubated within Google launched an online role-playing game based on augmented reality. Ingress, the game by Niantic Inc, has clocked 14 million downloads and added 1 million active users since then. A Hyderabad-based startup is now looking to recreate that succes...

17 June, 2016 | More »

Flipkart

Exclusive: Flipkart may look at bank loans as it battles cash crunch

Faced with the steady march of its global rival Amazon on its home turf, ecommerce marketplace Flipkart is now turning to debt financing even as equity infusion looks remotely possible post the successive markdowns in its valuation by existing investors, said a person with the direct knowledge of th...

17 June, 2016 | More »

Mobiwik_by_mukul

MobiKwik and FreeCharge trade barbs as mobile wallet war gets nasty

Which is the number two mobile wallet company in the country? That question has sparked off an online spat between digital recharge platform and mobile wallet venture MobiKwik, run by One MobiKwik Systems Pvt Ltd, and Snapdeal-owned rival FreeCharge. A Nielsen report on mobile wallets released last ...

16 June, 2016 | More »

Saavn

Saavn gets strategic investment from Maverick’s Guy Oseary

US-based Indian music streaming firm Saavn (South Asian Audio Video Network) has secured an undisclosed amount of strategic investment from Guy Oseary, CEO of talent management agency Maverick Records. Oseary comes in as partner and investor. He will help develop unique artist collaborations for Saa...

16 June, 2016 | More »

Sminq_f

Queue management app Sminq gets funding from Blume Ventures, Saama Capital

Queue management app Sminq, operated by Pune-based Sminq India Solutions Pvt Ltd, has secured $1 million (about Rs 6.7 crore) from Saama Capital, Blume Ventures and other investors. Angel investor Vaibhav Domkundwar also put money in this round, the company said in a statement. Suresh Shanmugham, co...

14 June, 2016 | More »

Uber_free2

Uber slashes UberGO tariff in Delhi-NCR

San Francisco-based cab aggregator Uber has slashed the tariff of its low-cost offering UberGO in Delhi-NCR region, indulging in yet another act of tariff war with its home-grown rival Ola, in a move that will intensify competition further. The new tariff matches Ola’s fare under its low-cost off...

13 June, 2016 | More »

Matrubharti_logo

Viridian Capital backs e-book publisher Matrubharti

Digital publisher Matrubharti, run by Ahmedabad-based Matrubharti Technologies Pvt. Ltd, has raised Rs 20 lakh (around $30,000) in seed funding from Viridian Capital. The funding will be used to upgrade the technology and expand its team, according to a company statement. Matrubharti is a self-publi...

13 June, 2016 | More »

Ola

Govt may fix upper limit for Ola, Uber fares

Suggesting a stricter regulatory regime for app-based taxi aggregators like Ola and Uber, a high-level government-appointed panel today recommended capping of their fares. “Liberalise city taxi permit scheme. They (aggregators) should follow the rules relating to fares, fuel and safety as mand...

13 June, 2016 | More »