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Aspiring Minds acquires mobile technology startup Mizcoin

Gurgaon-based Aspiring Minds, an employability assessment company, has acquired Mizcoin, a Noida-based mobile software development company, for an undisclosed amount, the company said on Tuesday. As part of the deal, the Mizcoin team will join Aspiring Minds’ product research and development busin...

11 August, 2015 | More »


NewsHunt rebrands as DailyHunt

Bangalore-based Ver Se Innovation Pvt Ltd, the company behind local language mobile news app NewsHunt, has changed the name of its flagship to DailyHunt. About the revamped app under new name, Vishal Anand, chief product officer, Ver Se Innovation, said in a blog post, “It is cleaner with richer v...

11 August, 2015 | More »


Mobile payment technology startup ToneTag raises $1M from Reliance Capital’s VC arm

Bangalore-based Naffa Innovations Pvt Ltd, which runs a mobile payment technology startup under the brand of ToneTag, has raised $1 million (Rs 6.4 crore) in funding from Reliance Venture Asset Management, it said on Monday. Founded in 2013, ToneTag allows mobile payments using sound (tone) or NFC (...

10 August, 2015 | More »


Micromax makes first international investment, puts money in Dropbox rival MiMedia

Home-grown smartphone and tablet maker Micromax Informatics Ltd has made its first cross-border investment by putting money in New York-based consumer cloud startup MiMedia Inc. Financial details of the transaction were not disclosed. MiMedia is an online backup service for personal content (pho...

10 August, 2015 | More »

Jun Lei

Xiaomi, Foxconn team up to assemble smartphones in India

Giving a leg up to the Make in India programme, Xiaomi today said it has partnered with Taiwan’s Foxconn to set up a mobile phone manufacturing unit here as the Chinese technology major looks at grabbing a larger share of the booming Indian handset market. The company, which started operations...

10 August, 2015 | More »


Mobile first grocery retailer iOrderFresh secures seed funding

iOrderFresh, a mobile-first food and grocery retailer, has secured an undisclosed amount in seed funding from Best Foodworks Pvt. Ltd. Supply Chain Analytics and Technologies Pvt. Ltd, which runs iOrderFresh, will use the money to improve technology, upgrade service and acquire more customers, as p...

7 August, 2015 | More »


Mobile payment startup Ezetap secures $24M from Social+Capital, Helion, others

Mobile payments service provider Ezetap Mobile Solutions Pvt Ltd has raised Rs 150 crore ($24 million) in Series C funding from existing investors The Social+Capital Partnership, Helion Advisors, Berggruen Holdings, Horizons Ventures and other investors. Ezetap will use the money to expand its emp...

7 August, 2015 | More »


Mobile security startup Wegilant raises $500K in pre-Series A funding

Mobile security app Wegilant has raised $500,000 (Rs 3.2 crore) in pre-Series A round of funding from NASSCOM’s Ravi Gururaj, former Gupshup CTO Viswanath Ramachandran and other investors. Gaurav Sharma, director of Yahoo Inc; SINE-IIT Bombay Business Incubator; RippleWave and an unnamed IT se...

6 August, 2015 | More »


Last minute hotel bookings app NightStay raises $500K in seed funding

NightStay.in, a mobile-based marketplace for last-minute hotel bookings, has raised around $500,000 in seed funding led by Vivek Bihani of Bedrock Venture Management Pvt. Ltd. Rajesh Sawhney, founder of GSF, and Shailesh Vikram Singh, executive director of SeedFund, also participated in the funding,...

6 August, 2015 | More »


InMobi ties up with Amazon and Paytm for India launch of discovery-led mobile commerce platform

SoftBank-backed mobile ad technology company InMobi Pte Ltd has joined hands with Amazon India, mobile wallet Paytm and others for the India launch of Miip, its new platform for discovery-led mobile commerce. Miip, which has an animated green monkey as mascot, engages users by suggesting products to...

6 August, 2015 | More »