Daily Archives: March 9, 2016
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NEWS 
March 9, 2016 Customer support in the time of instant outrage: How start-ups do it
At e-commerce marketplace Snapdeal (run by Jasper Infotech Pvt. Ltd), social media is handled with a set of processes and a large team of 16 constantly monitoring the social chatter. Photo: Bloomberg Bengaluru: No online retailer escaped the backlash sparked by a recent clutch of instances in which customers ordered mobile phones online and were […]
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NEWS 
March 9, 2016 KartRocket raises $2 million from Japanese investor
New Delhi-based KartRocket caters to the small and medium enterprises market in India by enabling merchants to go online. New Delhi: BigFoot Retail Solutions Pvt. Ltd, which owns and operates e-commerce-enabling solutions provider KartRocket, on Tuesday said it has raised $2 million from an undisclosed Japanese investor, in addition to $6 million it raised in […]
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NEWS 
March 9, 2016 Snapdeal’s Amit Choudhary backs car pooling start-up Cloudacar
Launched in January 2016, the start-up offers car pooling solution and especially targets the office-going crowd. New Delhi: Pay Technologies India Pvt. Ltd, which owns and operates car pooling start-up Cloudacar, has raised an undisclosed amount from Amit Choudhary, senior vice-president, corporate finance of e-commerce firm Snapdeal, and Anuj Puri, chairman and country head of […]
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NEWS 
March 9, 2016 Flipkart’s mark-down augurs lean times for India’s tech start-ups
Photo: Hemant Mishra/Mint Bangalore: Cash-hungry Indian star-tups like Flipkart Pvt. are discovering the fundraising party’s winding down. The domestic e-commerce leader became one of the most prominent Asian start-ups to have its valuation slashed by a high-profile investor. Sending ripples through the industry, a Morgan Stanley fund marked down its value by more than a […]
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NEWS 
March 9, 2016 InMobi, TaxiforSure founders invest in Wooplr
The new funds will be utilized for geographical expansion. Currently, Wooplr has one office in Bengaluru and plans to set up offices in Delhi and Mumbai shortly. New Delhi: Wooplr Technologies Pvt. Ltd, which owns and operates fashion discovery app Wooplr, on Monday said it has raised an undisclosed amount from Naveen Tewari, Abhay Singhal […]
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NEWS 
March 9, 2016 Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app
Photo: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech boosts demand for its app. • Flipkart has secured a credit line of over Rs.450 crore from private sector lender HDFC Bank, according to latest […]
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NEWS 
March 9, 2016 Ninjacart raises $3 million from Accel Partners, others
Ninjacart started in May 2015 as a hyperlocal grocery delivery company, but changed to its business model after six months, and currently works with about 120 retailers, and claims a monthly revenue of Rs1.2 crore. Bengaluru: Ninjacart, a business-to-business marketplace that connects farmers and brands to retailers, run by 63Ideas Infolabs Pvt. Ltd, has raised […]
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NEWS 
March 9, 2016 Huawei P9 Flagship Set to Launch at March 9 Event: Report
Huawei has sent out invites for a launch event on March 9 in Berlin, Germany, where it is expected to launch its latest flagship smartphone, Huawei P9. Additionally, some new live images showing the front and back panel of the handset have also made their way to the Internet. As spotted by ifanr website, Huawei […]
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NEWS 
March 9, 2016 HTC One M10 Name Confirmed; Camera Sample Leaked
HTC unofficially has confirmed the name of its next smartphone, which unsurprisingly is the One M10. A leaked photo sample claimed to have been taken from the smartphone’s camera has also emerged on the Web. As spotted by Techtasktic website initially, the smartphone’s name was briefly found in the drop-down list of devices in the […]
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ALL DEALS 
March 9, 2016 Apple, FBI Stake Out Conflicting Positions Before Congress
The US government calls it a “vicious guard dog” that hurts national security. Apple says it’s critical to protecting consumer privacy against increasingly sophisticated hackers. As the debate over built-in iPhone encryption has deadlocked in the courts, law enforcement and the world’s second-largest cellphone maker agreed on one point Tuesday: It’s now up to Congress […]
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ALL DEALS 
March 9, 2016 Company iPhone Users May Soon Be Constantly Reminded About Supervision
An upcoming iOS update could bring a feature that would inform users if their iPhone handsets are under company supervision. The iPhone maker has been spotted testing the feature in the latest beta of iOS 9.3. According to Reddit user MaGNeTiX, the latest beta of iOS 9.3 reminds people if their Internet traffic and location […]
