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Excl: App development startup AppDra raises $1.5M through crowd funding

Bangalore and US-based app development startup Appdra Software Solutions Pvt Ltd, which operates under the name AppDra, has raised $1.5 million in Series A round of funding through US-based crowd-funding platform Becovillage, a top executive of the company told Techcircle.in. The investors who par...

22 July, 2014 |More »


Yahoo acquires mobile analytics firm Flurry, to strengthen mobile products

Internet giant Yahoo is all set to make yet another acquisition. The company has announced that it has reached a definitive agreement to acquire Flurry. While the financials of the deal remain undisclosed, TechCrunch pegs it at around $200-300 million. “By joining Yahoo, Flurry will have resou...

22 July, 2014 |More »


Mobile workplace firm Workspot raises $6.5M in Series A funding from Helion, Translink, Qualcomm

California-headquartered Workspot Inc, a provider of mobile-based workspace-as-a-service solutions to enterprises, has secured $6.5 million in Series A round of funding led by Helion Venture Partners, with participations from US-based Translink Capital, besides existing investor Qualcomm Ventures....

21 July, 2014 |More »


Japanese mobile messaging service Line files for IPO in Tokyo at $10B valuation

Line Corp, the company that owns and operates free call and messaging app Line, has filed for an initial public offering (IPO) on the Tokyo Stock Exchange at $10 billion valuation, according to a report by Reuters quoting sources. Line, controlled South Korea’s Naver Corp, is planning to list eith...

17 July, 2014 |More »


Aircel becomes 2nd telco after Airtel to launch 4G services in India, starting with 4 circles

Indian telecom service provider Aircel Ltd has finally launched its 4G services in the country. With this launch, Aircel now offers services under all the three existing technologies of 2G, 3G and 4G LTE. To being with, the services will be offered across four circles including Andhra Pradesh (AP), ...

16 July, 2014 |More »


Japanese mobile messaging service Line eyes IPO at $9.8B valuation

Line Corp, the company that owns and operates the free call and messaging app Line, is looking to float an initial public offering (IPO) on the Tokyo Stock Exchange, says a Bloomberg report quoting unnamed sources. The offering could value Tokyo-based Line at more than 1 trillion yen ($9.8 billion),...

15 July, 2014 |More »


Aakash tablet maker Datawind raises $28M from Canadian listing

Datawind, maker of low-cost Aakash tablets, has raised Rs 168 crore (30 million Canadian dollars) through an IPO and listed company shares on Toronto Stock Exchange. Stating that the company raised 30 million Canadian dollars through an IPO that closed on July 8, Datawind said it will use the procee...

14 July, 2014 |More »


Mobile-based news aggregator News In Shorts raises seed funding from Times Internet, Flipkart co-founders, others

Delhi-based ADA News in Shorts Pvt Ltd, owner of News in Shorts (NIS), a mobile-based service that aggregates news stories from across the globe and provides their essence within 60 words, has raised an undisclosed amount in seed funding from Times Internet Ltd, with participations from Sachin an...

14 July, 2014 |More »


Monetisation platform for apps Pokkt raises $2.5M from Jafco, SingTel Innov8, others

Mumbai- and Singapore-based Maiden Marketing Pte Ltd, owner of Pokkt.com, an alternative monetisation platform for app developers and publishers, has secured $2.5 million in a Series A round of funding from Singapore-based VC firms Jafco Asia and SingTel Innov8, with participations from existing in...

8 July, 2014 |More »


MobiKwik claims 6M registered users, aims to facilitate mobile recharges worth Rs 1,000 Cr in FY15

Gurgaon-based One MobiKwik Systems Pvt Ltd, which owns and operates the online recharge platform Mobikwik.com, claims to have crossed the six million registered users mark. According to the company, most of this growth has been organic, since it had only recently started investing in marketing. It i...

7 July, 2014 |More »