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500 Startups raising $10M micro VC fund to back mobility startups

Seed investor and accelerator 500 Startups has launched 500 Mobile Collective (500 MC), a $10 million VC fund focused on mobile startups, as per a filing to the US Securities and Exchange Commission. The 500 MC fund will be managed by its new partner Edith Yeung. She has previously run marketing and...

20 November, 2014 |More »


Micromax ties up with Cyanogen to launch new sub-brand ‘YU’; first device coming out next month

Home grown handset and tablet manufacturer Micromax has entered into a strategic partnership with Cyanogen Inc., the makers of the Cyanogen mobile operating system, to launch a new sub brand. Called ‘YU’, the brand will focus on working with various companies to build a layer of services into th...

19 November, 2014 |More »


Snapchat partners Square to launch P2P money transfer service Snapcash

Snapchat, a photo messaging application, has partnered with payments processing firm Square to launch a peer-to-peer (P2P) money transfer service. Called ‘Snapcash’, the service will enable its users to send money to another user via the messaging platform, the company said in a blog post. The s...

18 November, 2014 |More »


InMobi in numbers: Close to 138B ad impressions reaching 872M users a month

Bangalore- and San Francisco-based InMobi claims that its mobile ad network is reaching 872 million active users per month across 200 countries via mobile devices. This is an increase of close to 15 per cent from 759 million active users per month across 165 countries as of December last year. In te...

10 November, 2014 |More »


How FreeCharge is recharging itself

Mumbai-based Accelyst Solutions Pvt Ltd, the four-year-old firm which runs online mobile and DTH recharge business under FreeCharge brand, is one of a few top-tier players in its space which has stuck to its core business. Unlike Paytm, which has added a mobile wallet and a marketplace for goods an...

10 November, 2014 |More »


Excl: Mobile dating venture Vee raises $1M in pre-Series A funding from Lightspeed

GetVee Technologies Pvt Ltd, a mobile-based dating venture launched by Nitin Gupta, founder of Coinjoos, an e-commerce platform that was  ​acquired by HomeShop18.com in 2011, has received $1 million in its pre-Series A round of funding from Lightspeed Venture​ ​Partners, an early- and growth...

7 November, 2014 |More »


US-based Quixey acqui-hiring personal assistant app startup Dexetra for under $3M

California-based Quixey Inc.,, a company that offers a mobile app search engine service under the same brand name, is acqui-hiring Dexetra Software Solutions Pvt Ltd, a startup that has developed SIRI-like voice-based personal assistance app for Android, in a deal worth under $3 million, a source ...

7 November, 2014 |More »


Existing investors commit $60M to Paytm parent One97 Communications’ fresh funding

Existing investors have committed around $60 million to Noida-headquartered mobile internet firm One97 Communications Ltd as part of an impending funding round worth $150-200 million, Vijay Shekhar Sharma, One97 co-founder and chief, told VCCircle/Techcircle.in. One97 Communications, which was prima...

6 November, 2014 |More »


Excl: Online recharge & mobile wallet co MobiKwik close to raising up to $30M in Series B funding

Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik.com, is in advanced talks with more than three large VC funds in India, Southeast Asia and the US to raise $20-30 million in a Series B round of funding, a top executive of the company ...

6 November, 2014 |More »

Amit Sharma

Affle appoints Amit Sharma as head of mobile apps and analytics platform AppStudioz

India and Singapore-based D2C Inc, which operates under the brand name Affle, a mobile apps & ads as a service (MaaS) platform, has appointed Amit Sharma as the managing director (MD) of Affle AppStudioz, its mobile apps and analytics platform business. Commenting on the appointment, Anuj Khanna...

6 November, 2014 |More »