NEWS
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NEWS March 9, 2016 KartRocket raises $2 million from Japanese investor
By: sristy SahaNew 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
By: sristy SahaLaunched 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
By: sristy SahaPhoto: 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
By: sristy SahaThe 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
By: sristy SahaPhoto: 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
By: sristy SahaNinjacart 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
By: sristy SahaHuawei 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
By: sristy SahaHTC 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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NEWS March 9, 2016 Samsung Galaxy A9 Pro Passes Certification Site; Tips Design and Specs
By: sristy SahaSamsung has been rumoured to be working on a ‘Pro’ version of its high-end, the Galaxy A9 smartphone. The handset tipped as the Samsung Galaxy A9 Pro has been leaked on previous occasions, carries model number SM-A9100, while the Galaxy A9 carries the model number SM-A9000. The SM-A9100 listing shows most of the purported specifications […]
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NEWS March 9, 2016 Apple’s New San Francisco Office Could Be a Tool in Tech Talent Wars
By: sristy SahaFrom Apple’s earliest days, executives insisted that employees work from its headquarters in sleepy suburban Cupertino. The thinking, championed by Steve Jobs, was that a centralized campus would put the CEO “within walking distance of everyone,” said Steve Wozniak, who founded the company with Jobs. That stance may finally be softening as Apple prepares to […]
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NEWS March 9, 2016 Apple Overtakes Xiaomi in India Smartphone Shipments: IDC
By: sristy SahaNew data released by International Data Corporation (IDC) for Q4 2015 finds that Apple overtook Xiaomi in the Indian smartphone market in terms of units shipped. Samsung, on the other hand, continued to be the top smartphone vendor in India followed by Micromax, Lenovo (and Motorola), Intex, and Lava. According to IDC’s monthly city level […]
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NEWS March 9, 2016 Intex Cloud Breeze With 5-Inch Display Launched
By: sristy SahaIntex on Thursday launched a new budget smartphone for the Indian market dubbed Cloud Breeze. The handset is priced at Rs. 3,999 and is already available to buy exclusively from Snapdeal, an e-commerce website. It is also listed on the company website. The Intex Cloud Breeze is a dual-SIM supporting smartphone that runs the old […]