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India Leads The Sales Marketing Collaboration : Linkedin

30Nov By AnkitaNo Comments

News

India Leads The Sales Marketing Collaboration : Linkedin

India has the highest level of collaboration globally between sales and marketing departments to strengthen their relationship to drive business success and achieve revenue growth, showed a research by networking website LinkedIn. India has a higher level of collaboration (85 per cent) compared to South East Asia (84 per cent), Australia (74 per cent), the United States (76 per cent), and the United Kingdom (73 per cent),the research showed. Commissioned by LinkedIn and conducted by Join the Dots, the research examined 7,140 sales and marketing professionals from September 26, 2016, to October 19, 2016, across five key markets, including Australia, the United States, United Kingdom, India and South-East Asia .. About 89 per cent of employees surveyed strongly believe that the curr...

170 Million Downloads-This Chinese Application Has Outperformed Indian Applications

29Nov By AnkitaNo Comments

News

170 Million Downloads-This Chinese Application Has Outperformed Indian Applications

SHAREit started its campus activities on November 14, 2016. The teams summed up with many well-known Indian bloggers went on campus to discuss with college students about the impact of SHAREit on the Indian Internet market, sharing interesting stories in the course of development, maintenance and application of the software. There are around 170 million users in India, out of which most of them are college students. The process of information sharing is mainly from that group, and they most likely rely on speed sharing through SHAREit. At Indian universities, all students are familiar with SHAREit as the main near field transmission software. In daily life, it has become the most commonly used app among college students, sharing photos, music, videos. SHAREit recently topped the Too...

Razorpay First Payment Gateway to Announce Zero Transaction Fees on Debit Cards

24Nov By AnkitaNo Comments

News

Razorpay First Payment Gateway to Announce Zero Transaction Fees on Debit Cards

Razorpay, an online payments platform, announced today that it is waiving off all service charges on Debit Card transactions for all of its 10,000+ merchants, from 12 PM on Nov 24 till December 31, 2016. This move is aimed at helping businesses affected by demonetization and encourage users to transact online. While some banks are still deciding upon the waiver proposed by RBI, Razorpay has taken initiative and is the first payment gateway to remove all charges for debit cards. Debit cards are the most popular mode of online payments. In July 2016, a total of 25.94 million credit cards and 697.22 million debit cards were in operation, according to the Reserve Bank of India. In July 2016, total number of transactions through credit cards were 79.44 million while the figure for debit card...

Ola Launches Ola Play, Connected Car Platform For Ride Sharing

22Nov By AnkitaNo Comments

News

Ola Launches Ola Play, Connected Car Platform For Ride Sharing

Claiming it to be a global first, cab aggregator Ola today launched Ola Play, a connected car platform for ride sharing that it said will transform the in-car experience for users on the go like never before. "Ola Play is a world first, built in India by an Indian team, which showcases that we can do better than the best in the world and be global leaders in technology and innovation," Co-founder and CEO of Ola, Bhavish Aggarwal, told reporters here. Ola Play will be made available on Ola Prime in Bengaluru, Mumbai and Delhi for select customers and will be rolled out across other cities and to over 50,000 vehicles by March 2017, he added. Ola Play is powered by proprietary in-car and cloud technologies from Ola, by bringing advance car controls, choice of personalised content and...

Paytm Hits $5 billion GMV, Rs 150 Crore Offline Transaction

22Nov By AnkitaNo Comments

News

Paytm Hits $5 billion GMV, Rs 150 Crore Offline Transaction

With people being compelled to switch to non-cash mode after the demonetisation move, digital payments company Paytm has been witnessing over 5 million transactions worth Rs 120 crore a day, helping it crosss $5 billion GMV sales, four months ahead of its target. Gross Merchandise Value (GMV), which is an industry term for estimating the total worth of goods sold through a digital platform, for Paytm was $3 billion last year. The Alibaba-backed company, which offers both mobile payment platform and e-commerce marketplace, said it is now witnessing about 5 million daily transactions worth about Rs 120 crore. "Paytm is registering over total 7 million transactions worth Rs 150 crore in a day as millions of consumers and merchants across the country try mobile payments on the Paytm p...

Markets Regulator Sebi Plans to Reduce Minium VC Funding To Rs 25 Lakh From Rs 50 lakh

20Nov By AnkitaNo Comments

News

Markets Regulator Sebi Plans to Reduce Minium VC Funding To Rs 25 Lakh From Rs 50 lakh

Looking to provide an impetus to the early-stage startup ecosystem, markets regulator Sebi plans to reduce minimum angel fund investment for venture capital undertakings to Rs 25 lakh from the current Rs 50 lakh. Sebi may also allow the angel funds to make overseas investments up to 25 percent of their investible corpus, in line with other Alternative Investment Funds (AIFs). The move will make such funds to spread their risk by investing across geographies, sources said. There are many start-ups that require a smaller amount of validating proposition and bringing down the limit to Rs 25 lakh will help such companies raise funds at the initial stage of idea generations. Also, the Securities and Exchange Board of India (Sebi) plans to align its definition of startups with other reg...

Infosys Invest 14.5 Crores in AI Based Startup UNSILO

18Nov By AnkitaNo Comments

FUNDING

Infosys Invest 14.5 Crores in AI Based Startup UNSILO

Infosys a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has made an investment of 14.5 Crores in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis. UNSILO uses a unique combination of machine-learning and natural language processing to analyze large quantities of text and improve the speed and effectiveness of knowledge workers across many industries. “We see Denmark as a global hub of world-class innovation with talented people, a good education system and a track record of entrepreneurial success. UNSILO have built an impressive semantic search engine with best-in-class text intelligence, which powers a range of advanced business processes. We will partner with UNSILO to bring their artifi...

Reliance Global Call Launches International Calling App

18Nov By AnkitaNo Comments

News

Reliance Global Call Launches International Calling App

Reliance Global Call (RGC) today launched an international calling app which enables direct- dialing of contacts, doing away with the need to enter toll- free or PIN numbers. 1RGC India', a subsidiary of Reliance Communications, also announced an introductory offer under which customers can avail talk time worth Rs 200 on sign-up with Rs 100. Customers will get calling rates starting at Rs 1.4 per minute. "The service is available to all mobile phone and landline users of the country including prepaid and post-paid subscribers on the networks of Reliance, Airtel , Vodafone, Idea , Tata, Aircel and MTS," said a company statement. Customers can register for the RGC service via the website, or download the mobile app from Android Play Store and iOS App Store, it added. "The 'RGC In...

Google Launches Photo Scanning App Google PhotoScan

16Nov By AnkitaNo Comments

News

Google Launches Photo Scanning App Google PhotoScan

Tech giant Google has rolled out a new scanning app Google PhotoScan that allows users to scan and Digitise physical photographs. The free standalone app detects edges, straightens the image, rotates it to the correct orientation and removes glare, Google said in a statement. Scanned photos can be saved in one tap to Google Photos to be organised, searchable, shared and safely backed up at high quality, it added. "We all have those old albums and boxes of photos that are some of our most treasured memories. Such as photos of grandma when she was young, or of your childhood pet, and even that hairstyle you wish you could forget. But we just keep thinking about scanning the photos to preserve these moments, but never really get around to it. Well, here is an easy option," it said. ...

Whatsapp Starts Monetising From Next Year, Launched Video Calling Services

15Nov By AnkitaNo Comments

News

Whatsapp Starts Monetising From Next Year, Launched Video Calling Services

Popular messaging app WhatsApp will focus on rolling out commercial messaging next year for businesses as it looks to tap enterprises for monetising its platform. Earlier this year, WhatsApp had said it will stop charging USD 1 per year subscription fee to go completely free for its users across the world. While WhatsApp maintained that it will not introduce any third-party ads for monetisation, it said it will test tools that allows users to communicate with businesses and organisations like banks and airlines through its platform. "We decided to make WhatsApp free but we also talked about how we will make money. We have been working on ways for businesses to connect with users on WhatsApp... Commercial messaging will be big for us in 2017," WhatsApp Head of Business, Neeraj Arora t...

Alibaba Rakes Up Record $17.6 Billion on Singles Day Sales

12Nov By AnkitaNo Comments

CHINA, News

Alibaba Rakes Up Record $17.6 Billion on Singles Day Sales

Alibaba Group, the e-commerce giant behind the 24-hour Singles' Day shopping blitz, has raked up a record USD 17.6 billion in the Singles Day online sales, creating a new record in global retail sales for any single day. Consumers spent more than 120 billion yuan (USD 17.6 billion) shopping online on leading e-commerce platform Alibaba in their annual buying spree yesterday, sources with Alibaba Group said today. Online transactions totaled 120.748 billion yuan in the 24 hours that ended as the clocks struck 12PM yesterday, a record amount in global retail for any single day, data provided by Alibaba said. The shopping spree hit a climactic high just nine minutes after midnight on Friday morning, with an average 120,000 transactions handled per second on Alipay, Alibaba's mobile pa...

TeamLease Services Q2 Net Profit at Rs 9 Crore

12Nov By AnkitaNo Comments

BUSINESS

TeamLease Services Q2 Net Profit at Rs 9 Crore

Staffing services firm TeamLease Services has reported a net profit of Rs 9.03 crore for the quarter ended September 30, 2016, a jump of 58 percent compared to the year-ago period. The company had reported a net profit of Rs 5.72 crore in the quarter ended September 2015, a company statement said. "The steps towards staffing vertical growth has gained momentum with the closure of acquisitions of ASAP Info Systems and Nichepro in the IT staffing space," TeamLease Services Managing Director Ashok Reddy said. Gross revenue of the company stood at Rs 840.88 crore for the second quarter of this fiscal with 14 percent yearly jump. "The continued focus on productivity, margin improvement and client acquisitions has seen good traction. We stay true to our core objectives and metrics of...