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Bangalore-based education startup Flipclass.com in advanced talks to raise $4M

Bangalore-based Flipclass.com, a marketplace for home tutors that also allows parents to check their kids’ performance through its platform, is in advanced talks with institutional investors to raise $4 million in its Series A round of funding, the company’s founder and CEO Vineet Dwivedi told T...

12 June, 2014 |More »


Take a glance at the expanding world of mobile commerce, apps & advertising at the 3rd edition of Techcircle Mobile Forum

With the internet finding its way into our pockets and more customers engaging with “on the move” shopping, how are brands approaching their mobile commerce strategy? With an increasing adoption of smartphones, what innovations are mobile advertisers bringing in their offerings? With mobile serv...

11 June, 2014 |More »


SBI partners with mobile payments service provider Ezetap to deploy 0.5M mPOS terminals in India

State Bank of India (SBI) has chosen Bangalore-based mobile payments service provider Ezetap Mobile Solutions Pvt Ltd to launch the largest mobile Point of Sale (mPOS) deployment in India till date. The ‘made in India’ solution will be made available to customers of the bank and its associate ba...

11 June, 2014 |More »


Former Blackberry India head Sunil Dutt joins Reliance Jio Infocomm

Mukesh Ambani-led Reliance Jio Infocomm (RJI), the telecommunications arm of Reliance Industries Ltd, has appointed Sunil Dutt, former managing director of Blackberry India, as its president, according to a PTI report. Dutt comes with more than 30 years of experience in the technology industry. An a...

10 June, 2014 |More »


Mobile payment service provider Money-On-Mobile acquires stake in OSS India

Mumbai-based startup My Mobile Payments Ltd (MMPL), which owns and operates mobile payment platform Money-On-Mobile, has acquired a significant stake in OSS India for an undisclosed amount, according to a Medianama report. As of now, OSS India operates a cash card service ‘Done Card’ as well a...

10 June, 2014 |More »


Micromax likely to enter wearable device space

Home grown handset and tablet manufacturer Micromax could expand its offerings to wearable devices and machine-to-machine products in its next phase of growth, according to a The Economic Times report citing Sanjay Kapoor, the newly-appointed chairman of Micromax. He mentioned that the company wants...

9 June, 2014 |More »


Eros International acquiring controlling stake in mobile VAS firm Techzone

Mumbai-based film studio Eros International Media Pvt Ltd is picking a controlling stake in Chennai-based mobile value added services (VAS) provider Universal Power Systems Pvt Ltd which operates under the banner of Techzone for an undisclosed amount. Established in 1991 by Naveen Bhandari, Techzone...

9 June, 2014 |More »


Aakash maker DataWind files for $27M IPO in Canada, seeks $107M valuation; may launch virtual store for e-books, music & apps

Canada-based DataWind Inc, a wireless web access products and services developer, widely known in India for its low-cost Aakash/UbiSlate brands of tablets, is looking to raise up to C$30 million ($27.41 million) in net proceeds through an initial public offering (IPO) on the Toronto Stock Exchange, ...

5 June, 2014 |More »


Micromax appoints former Airtel CEO Sanjay Kapoor as chairman

Home-grown handset and tablet manufacturer Micromax Informatics Ltd has appointed Sanjay Kapoor, former CEO of Bharti Airtel, as chairman of its board. Kapoor’s induction comes barely days after the firm roped in Vineet Taneja, former country head (IT & mobile businesses) at Samsung India, ...

5 June, 2014 |More »


India sees over 186% growth in smartphone sales in Q1, is one of the fastest growing markets in APAC region: IDC

India was the highest growing smartphone market in the Asia-Pacific (APAC) region with a year-on-year (YoY) smartphone shipment growth of over 186 per cent in the first quarter of 2014. Vendors shipped a total of 17.59 million smartphones in Q1, 2014 compared to 6.14 million units in the same period...

5 June, 2014 |More »