NEWS
NEWS March 4, 2016 Infosys, Wipro investments in start-ups not exclusive deals
By: sristy SahaInfosys and Wipro maintain their backing to start-ups, which are based out of the US, Israel and India, should not curtail the latter from partnering other outsourcing firms, some of which are even their rivals. Photo: Hemant Mishra/Mint Bengaluru: Infosys Ltd and Wipro Ltd have invested over $65 million in 11 start-ups so far, but […]
NEWS March 4, 2016 Zomato turns profitable in 6 markets, including India
By: sristy SahaZomato co-founders Pankaj Chaddah (left) and Deepinder Goyal. Photo: Ramesh Pathania/Mint Restaurant search and review website Zomato Media Pvt. Ltd said on Monday that the company has reached operational profitability in six markets, including India. Zomato has also turned operationally profitable in the United Arab Emirates, Lebanon, Qatar, the Philippines and Indonesia. “We can now […]
NEWS March 4, 2016 PepperTap shuts operations in six large cities, including Mumbai
By: sristy SahaIn September, Gurgaon-based PepperTap had rolled back operations in smaller towns such as Agra and Meerut after a month-long pilot failed to take-off. Photo: Pradeep Gaur/Mint New Delhi: Hyperlocal delivery start-up PepperTap is shutting operations in six cities, including Mumbai, Kolkata and Chennai, and will be laying off about 400 delivery men—a sign of heightened […]
NEWS March 4, 2016 Why Morgan Stanley’s action on Flipkart is bad news for Indian unicorns
By: sristy SahaGiven that Flipkart is expected to list its shares in the US at some point over the next few years, the valuation estimates of the mutual funds will be an important indicator of how stock market investors will value the company. Photo: Hemant Mishra/Mint Bengaluru/New Delhi: Late last month, Flipkart India Pvt. Ltd, the country’s […]
NEWS March 3, 2016 Sony MDR-ZX110 Review
By: sristy SahaWhen it comes to name recognition and market reach, few audio manufacturers can match the Sony’s capabilities. Using a brand name that has been carefully built up over the decades, Sony is one of a handful of companies in India that can sell headphones by the thousand. This is thanks to a huge portfolio spanning […]
NEWS March 3, 2016 Grain Audio OEHP.01 Review
By: sristy SahaBased in small-town Pennsylvania, USA, Grain Audio is a personal audio manufacturer that makes liberal use of wood in its products. The company has just four offerings listed on its site, and ships directly to buyers. Of the two pairs of headphones listed, the OEHP.01 is the larger, over-the-ear model. Featuring solid wood casings, the […]
NEWS March 3, 2016 Gionee Marathon M5 Review
By: sristy SahaBattery life was never a problem back in the pre-smartphone era, but ever since we became slaves to touchscreens, it has been a major concern. Until new technology is developed, we are stuck with Lithium Ion batteries and there’s only so much it can deliver. The most obvious way to get more battery life is […]
NEWS March 3, 2016 Sony MDR XB950BT Review
By: sristy SahaIf you’re an audiophile who wants the purest and clearest reproduction of the source being played, then it’s likely that you’re not interested in Sony’s XB (extra bass) headphones. We tried out the Sony MDR XB950BT – the top of the XB line, which also supports Bluetooth playback. That’s a combination which has probably sent […]
NEWS March 3, 2016 Absentia Tesseract VR First Impressions: A Promising Start, but Lots of Room to Improve
By: sristy SahaThe competition for virtual reality headsets is heating up, and there are some clear frontrunners emerging – the Oculus Rift, whose Kickstarter project sparked the fresh wave of interest in the category is going to launch next year, while HTC just clarified that the HTC Vive will be available from April. Sony’s PlayStation VR will […]
NEWS March 3, 2016 WD’s SanDisk Deal Re-Priced After China Deal Collapses
By: sristy SahaThe US hard-disk maker, Western Digital Corp, said on Tuesday that China’s Unisplendour Corp Ltd had scrapped its planned $3.78 billion investment in the company, a move that in turn alters the terms of Western’s deal for rival SanDisk Corp. Unisplendour, a unit of China’s state-backed Tsinghua Holdings Co Ltd, dropped its plan to buy […]
NEWS March 3, 2016 Bringing tech to tutors—Vidyanext
By: sristy SahaVidyanext is unique in that it consciously stayed away from an online-only model or self-paced courses—two models that most start-ups in this sector adopt. Bengaluru: You are a parent. You want to find a good tutor for your school-going child. You want the best of technology-enabled solutions for them. What do you do? You either […]
NEWS March 3, 2016 Oyo Rooms has acquired Zo Rooms: SoftBank
By: sristy SahaZo Rooms had 300 employees and 20,000 listed properties across 30 cities. Photo: Mohsin Shaikh/Mint New Delhi: Oyo Rooms, the budget hotel-booking app backed by Japanese billionaire Masayoshi Son’s SoftBank Corp., has acquired smaller rival Zo Rooms. SoftBank, which took part in a $100 million round of funding in Oyo Rooms last year, announced the acquisition […]
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