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Directi founder Bhavin Turakhia launches WhatsApp like chat app Flock for professionals

Bhavin Turakhia, founder and CEO of Directi Group, a part of which was acquired by US-based Endurance International Group early this year, has launched a professional chat app called Flock. Run by Riva FZC, a startup Turakhia founded last year, Flock aims to be the WhatsApp for business users that a...

25 September, 2014 |More »


Vodafone names former Nokia India chief P Balaji director

Telecom major Vodafone has appointed former Nokia India head P Balaji as director for its newly merged regulatory and external affairs division in the country, effective next month. The two were earlier run as separate divisions. While regulatory division is currently headed by TV Ramachandran, the ...

24 September, 2014 |More »


Xiaomi’s VC arm to invest $25M in health information devices maker Andon

Xiaomi Ventures, the venture capital arm of Chinese smartphone maker Xiaomi Inc., will invest $25 million in Andon Health Company Ltd, which designs and manufactures health information devices globally. Andon, based out of Tianjin in China, will set up a new entity called iHealth Inc in the US, and ...

24 September, 2014 |More »


Japanese mobile messaging service Line introduces premium voice calling service in India, what’s on offer?

Japanese free call and messaging app Line has introduced its premium voice calling service in India. Called Line Call (earlier Line Premium Call), the service allows users to make low-cost calls to non-Line mobile phones and landlines. Line users can already make free calls with one another. The ser...

22 September, 2014 |More »


How mobile banking grew in India over the last two years

One in 25 mobile users in the country used mobile banking services last year and even though the value of transactions through the mobile rocketed almost four times, the growth in number of users and the volume of transactions slowed down in FY14 over FY13, as per data collated by the Reserve Bank o...

22 September, 2014 |More »


Matrix Partners invests in mobile social gaming firm Red Monster

Matrix Partners India has invested an undisclosed amount in Red Monster Games India Pvt Ltd, a mobile social gaming company. This is Red Monster’s first institutional round of financing, which will be used to build mobile social games for the India market across the casino, arcade, casual and inve...

22 September, 2014 |More »


NewsHunt owner raises $18M from Sequoia, Matrix, Omidyar

Bangalore-based Ver Se Innovation Pvt Ltd, owner of the mobile news aggregation platform NewsHunt among other mobile applications, has scooped up $18 million (around Rs 110 crore) in its Series B round of funding from Sequoia Capital, with participation from existing investors Matrix Partners Ind...

22 September, 2014 |More »


LG launches G3 Beat, a compact version of its flagship smartphone, for Rs 25,000 in India

After unveiling the same earlier this year, LG Electronics has now launched its G3 Beat smartphone in the Indian market. A compact version of the company’s flagship smartphone G3, the device sports a 5 inch display and runs on the Android operating system. Targeted at the mid-price range segment o...

18 September, 2014 |More »


Mobile messaging concierge service Haptik raises $1M from Kalaari Capital

Mumbai- and San Francisco-based Haptik Inc., a startup that offers a mobile-based chat platform that enables users to get help with their products and services, has secured $1 million in its first round of equity funding from Kalaari Capital. The funds will primarily be used for scaling the app acr...

18 September, 2014 |More »


Mahindra Comviva, First Data partner for mobile payment

Mobility solutions firm Mahindra Comviva today said it has entered into a strategic partnership with payment solutions provider First Data to roll out their Mobile Point of Sale (mPOS) solutions. The payment solution enables businesses, including small and medium enterprises (SMBs) and service profe...

18 September, 2014 |More »