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Morgan Stanley, Goldman Sachs to be lead bankers for Snapchat’s IPO

Photo messaging service Snapchat is all set to hit the markets. With its initial public offering slated for March, Snap Inc, Snapchat’s parent, has shortlisted banks to lead and manage the exercise. Morgan Stanley and Goldman Sachs Group will lead the offering, a report by news agency Bloomberg ci...

13 October, 2016 | More »


Ola in talks with SoftBank and General Motors to raise $500 mn

ANI Technologies Pvt Ltd, which runs cab-hailing app Ola, is reportedly in talks with its existing investors that include Japan’s SoftBank and US-based General Motors, for a fresh round of funding to raise $500 million. Ola has held preliminary discussions with US automobile giant General Motors (...

13 October, 2016 | More »


Women’s health app Maya secures funding from Google’s Rajan Anandan

Bengaluru-based Maya, which operates a women’s health tracker, has raised an undisclosed amount of funding from Rajan Anandan, vice-president, Google, Southeast Asia and India. Previously known as Love Cycles, the firm operated by Plackal Tech, had earlier this year raised seed funding of Rs 5 cro...

13 October, 2016 | More »


Goibibo launches live tracking service for domestic, international flights

Online travel agency Goibibo.com, which is a part of South African digital media firm Naspers, has introduced the feature of live flight tracking for 1,824 daily flight schedules, including both domestic and international flights. “Flight tracking and status information is first of its kind. This ...

12 October, 2016 | More »


Uber to enter bus aggregation space in India

US-based taxi hailing firm Uber Technologies Inc plans to enter the bus and mini-van aggregator space in India with the launch of Uber Everything, according to Mint report on Wednesday, citing an unidentified source. Uber is looking to strengthen its presence in India after selling its China busines...

12 October, 2016 | More »


OTT video platform YuppTV raises $50 mn

Emerald Media, a pan-Asian platform established by KKR for investing in the media and entertainment sector, has acquired a significant minority stake in YuppTV for $50 million (Rs 332 crore). YuppTV is an over-the-top (OTT) video platform for South Asian content offering live TV, catch-up TV and mov...

12 October, 2016 | More »


Why Andromeda is Google’s next big move?

Last week, when Google, a subsidiary of Alpabhet Inc, launched its Pixel smartphones, the tech world was expecting the announcement of an innovative operating software (OS) too. Even though, Pixel met expectations of most Google users, the rumoured OS Andromeda, named after the spiral Andromeda Gala...

10 October, 2016 | More »

CarIQ team

Why CarIQ is betting on car owners

Owning a depreciating asset such as a car requires constant maintenance. Going to a service centre means dealing with personnel who do not fully understand automobiles, and most customers tend to get cheated. This is where Sagar Apte and his team spotted an opportunity: instead of asking a service c...

10 October, 2016 | More »

Kavin Bharti Mittal

We’re going to be playing an entirely different ball game in 2017, says Hike’s Kavin Bharti Mittal

Having entered the coveted $1-billion-club of startups in India, Kavin Bharti Mittal is more confident than ever about the success of his four-year-old startup Hike. In August, the messaging app raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology G...

7 October, 2016 | More »

Prisma adds new feature; videos now can be turned into art works on iOS

Popular photo-editing app Prisma, which turns photos into pieces of art, will now help you convert video clips into animations. Prisma will be offering video support for 15-second clips on iOS with its latest update, reports TechCrunch. Currently, the feature is not available on Android but is expec...

7 October, 2016 | More »