Archives
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NEWS 
March 16, 2016 Blueshift raises $8 million in Series A funding
Blueshift allows marketers to customise their messages based on customers’ interests, purchase patterns and browsing behaviour, thus increasing engagement. Bengaluru: Blueshift Labs Inc., a marketing automation solutions provider, on Tuesday announced that it had closed an $8 million Series A round of funding led by Storm Ventures, with participation from existing investor Nexus Venture Partners, […]
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NEWS 
March 16, 2016 Education start-up FlipClass raises $1 million from S. Chand and Blume Ventures
The Bengaluru-based firm had in 2014 raised about $250,000 in funding from LetsVenture, an online fund-raising platform. Bangalore: FlipClass (run by Gyankosh Solutions Pvt Ltd), an education start-up that operates a marketplace for home tutors, on Monday said it has raised $1 million in funding from S. Chand and Co. Pvt. Ltd, a publisher of […]
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ALL DEALS 
March 16, 2016 Contract management software company Icertis raises $15 million
Icertis has customers like Cognizant, HBO, Microsoft, and Skullcandy and claims their platform is used by more than 500,000 professionals across legal, procurement, finance and sales departments to manage 2 million contracts in about 40 languages. Bengaluru: Icertis Inc., a firm that makes software for companies to create and manage contracts, enabling them to shorten […]
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NEWS 
March 12, 2016 Clash of Clans Maker Supercell Claims 100 Million Daily Active Users
The maker of the Clash of Clans mobile game, Supercell, says its pre-tax profit last year grew more than 60 percent to EUR 838 million ($964 million or roughly Rs. 6,453 crores) while revenue surged a third to 2.1 billion euros. CEO Ilkka Paananen said Wednesday they were proud of the success but acknowledged that […]
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NEWS 
March 11, 2016 Parenting portal mycity4kids raises $3 million
The company claims to have 2.5 million page views a month, 700 bloggers and 75,000 service providers listed across nine cities on its site. Bengaluru: Mycity4kids, a parenting portal run by Just4Kids Services Pvt. Ltd, has raised $3 million from SIDBI Venture Capital Ltd and YourNest Angel Fund, the company said on Wednesday. Mycity4kids has […]
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NEWS 
March 11, 2016 Care24 raises $4 million from SAIF Partners, India Quotient
Care24 claims to handle 350-400 daily visits to patients’ homes with almost 500 care-givers on board. New Delhi: Aegis Care Advisors, which runs home healthcare service provider Care24, has raised $4 million in a fresh round of funding led by venture capital firm SAIF Partners. Existing investor India Quotient also participated in the round, chief […]
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NEWS 
March 11, 2016 India’s Mobile Phone Production Rises to 110 Million in 2015-16: Prasad
Mobile phone production in the country has more than doubled to 110 million in 2015-16 on the back of duty rationalisation announced in the previous Budget, Telecom Minister Ravi Shankar Prasad said Tuesday. The minister said 16 new mobile manufacturing units have been set up during the financial year. “In 2014-15, the mobile units manufactured […]
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NEWS 
March 9, 2016 KartRocket raises $6 million from Bertelsmann India, others
The company will use the money for product enhancement, team expansion and marketing initiatives. Photo: Mint New Delhi: BigFoot Retail Solutions Pvt. Ltd, which owns and operates e-commerce-enabling solutions provider KartRocket, on Monday said it had raised $6 million in an investment round led by Bertelsmann India Investments, the strategic investment arm of German media […]
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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 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 Xiaomi Mi 5’s First Flash Sale Sees 4 Million Units Sold: Reports
Xiaomi’s Mi 5 is already a hit among users, it appears. The first flash sale of the flagship smartphone in China on Wednesday saw nearly 17 million users showing interest in the device, and reportedly 4 million units were sold. The response was so overwhelming that Xiaomi has reportedly asked Foxconnto ramp up the production […]
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ELECTRONICS 
March 9, 2016 500 Million Android Devices Affected by ‘Accessibility Clickjacking’ Malware: Report
Mobile security firm Skycure has claimed that a new Android malware can allow malicious apps to access all text-based data on a device without requiring permission from the user. The research firm has further claimed that the latest Android malware family dubbed “Accessibility Clickjacking” impacts almost all Android versions except the last two versions – […]
