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20May By AnkitaNo Comments

FUNDING

O2O Retail Discovery Platform Appie Raises $1million Funding

Appie Mobiquity Pvt. Ltd, a Mumbai-based offline retail discovery platform raised $1 million funding (around Rs 6.7 crore) from a Mumbai-based angel investor and two European investors. “We plan to add 10,000 retailers across three cities and expand user base to half a million in the first year,” Kartik Sanghavi, founder of Appie said. As an O2O platform, we tied up with 1,200 retailers in Mumbai. The app is currently in beta mode and a formal launch is scheduled in June. The firm charges a commission of 0.2-0.9% per transaction from the retailers. In the online-to-offline (O2O) market, Appie’s competitors include Fashalot (raises fund fom yournest), Zakoopi and Ratale, Paytm (acquire Near.in). The O2O theory works on when users express an intent for buying a product, the retaile...

Orahi Launched New Features For Carpooling App

19May By AnkitaNo Comments

News

Orahi Launched New Features For Carpooling App

Orahi, a carpool app provides carpooling service that offers Home-Office-Home for corporate employee only. The new app comes with an enhanced user experience and features things like listing, single click ride, auto fix option, live map, default chat group, women only group and intra company ride. These features are user friendly and define the essence of carpooling. The listing feature allows members to view the profile of other members and make an informed decision whether or not to travel with them. Car owners or passengers can send and respond to requests by swiping left or right. Single click ride option provides the travellers an option to book a ride with frequently travelled co-passengers and car owners at a single click. Auto fix feature allows the members to fix and start t...

Yatra Partners Taxi Aggregators to Offer Cab Service

19May By AnkitaNo Comments

News

Yatra Partners Taxi Aggregators to Offer Cab Service

Online travel solutions provider Yatra.com has joined hands with various taxi aggregators to offer cab services in 450 cities across the country, through its mob app. Under the collaboration, the customers can choose from a large range of cars including hatchbacks, sedans, SUV/MUVs and vans. They can take a cab for one-way, round-trip and multi-city trips, Yatra.com said in a release. "The company has built technology to simultaneously showcase the offerings of multiple cab aggregators, allowing the traveller the freedom to choose from a variety of service and price options. "At launch, we have aggregators offering both intra-city hourly cabs and inter-city taxi services," Yatra.com co-founder and Chief Information Officer Manish Amin said. Going forward, Yatra will be also tying u...

18May By AnkitaNo Comments

News

Major American Newspaper Media Outsource Its IT Services To India

A major American media company which owns prestigious dailies like Los Angeles Times and Chicago Tribune will outsource a part of its IT component to Indian software giant TCS, according to a media report. Chicago-based Tribune Publishing Company said it has informed its IT employees last month that it is moving work to India-based IT company Tata Consultancy Services (TCS), a news report in Computer World said yesterday. However, it did not say the number of employees would be hit by such a move. "IT employees at Tribune Publishing say they received warning of the outsourcing late last year. In April, they were told that over an 18-month period, Tribune would be moving to information technology outsourcing across its business, according to employees contacted," the report said. ...

OYO Enters North-East, Offers 250 Rooms in Gangtok, Darjeeling

16May By AnkitaNo Comments

News

OYO Enters North-East, Offers 250 Rooms in Gangtok, Darjeeling

Online aggregator of branded hotels OYO Rooms has expanded its presence in the north-east by offering more than 250 standardised rooms in Gangtok and Darjeeling. "We have made significant investments to expand our presence in key tourist destinations in the north-east like Gangtok and Darjeeling. Our teams have worked very hard to deliver OYOs level of standardisation of guest experience in the hotels...," OYO Rooms Founder and CEO Ritesh Agarwal said in a statement. "The hospitality sector is still underdeveloped in the north-east and we are certain that the introduction of OYOs standardised affordable stays will attract more tourists," he added. The company now offers more than 250 standardised rooms at rates as low as Rs 999 per night in Gangtok and Darjeeling for and premium rooms...

Four things to expect from upcoming Google I/O conference

16May By AnkitaNo Comments

Tech

Four things to expect from upcoming Google I/O conference

Internet giant Google's I/O (input/output and 'Innovation in the Open') conference is around the corner and developers around the world are awaiting to discover the latest version of the Android operating systems. Google may unveil a modular smartphone this year. According to reports, the tech giant is developing an environmental friendly and cost-effective smartphone with a customizable design, made up of various small blocks containing the different components (processor, memory, camera, speaker, 3G chip, etc.). The 'Nexus 6P' smartphone is expected to have great display, battery life and camera, the Verge reports. Secondly, Google is also expected to unveil virtual reality on similar lines of the Apple, Microsoft, Facebook and Samsung. The...

IRCTC Giving 50 Percent Cash Back on Food, To Boost e-Catering

15May By AnkitaNo Comments

News

IRCTC Giving 50 Percent Cash Back on Food, To Boost e-Catering

Indian Railway Catering and Tourism Corporation (IRCTC) has launched a new scheme that provides 50 percent cash back offer on pre-paid orders having a minimum value of Rs 300, a move set to further boost its e-catering facility. The facility has become available on IRCTCs e-catering website since May 13, said IRCTC CMD AK Manocha. The cash back offer is valid only for meals booked through IRCTC and having a value of more than Rs 300 in a single order. Manocha said such a move would give a major fillip to e-catering operations of IRCTC. "IRCTCs e-catering facility, which has broad-based the culinary choices in a significant manner, is now turning out to be a big hit with rail passengers. The 50 per cent cash back offer will further induce passengers to patronise our e-catering facility...

Mother Dairy Eyes Rs 10,000-cr Turnover in 3 yrs

15May By AnkitaNo Comments

BUSINESS

Mother Dairy Eyes Rs 10,000-cr Turnover in 3 yrs

Leading milk supplier of India, Mother Dairy is eyeing to cross Rs 10,000 crore turnover mark in next three years on rising demand for dairy products as well as fresh and processed fruits and vegetables. Mother Dairy, which supplies about 30 lakh litres of milk in the national capital region has posted a turnover of Rs 7,186 crore during last fiscal, out of which about 75 percent is from its dairy business. "We are aiming for more than Rs 10,000 crore turnover by the end of FY19 with expected rise in sales across all the segments," Mother Dairy MD S Nagarajan said. In a bid to expand its market, Mother Dairy is in the process of establishing a 25,000 tonnes per year integrated food and vegetable processing plant in Ranchi at an estimated cost of Rs 75 crore. The freezing line will ha...

Now A Fashion App Will Set Up Trial Rooms For Shoppers at Janpath

14May By AnkitaNo Comments

Story

Now A Fashion App Will Set Up Trial Rooms For Shoppers at Janpath

For the first time find a trial room in middle of a street shopping area organised by the instant advice fashion app, Styledotme. You now get to try an outfit before you buy from the streets and get instant fashion advice from our influencers and fashion experts. With a footfall of over 5,000 shoppers every day across more than 150 shops, Janpath is one of the most flocked-to street shopping places. What it lacks, however, is a trial room, that leaves most shoppers in a state of confusion - "to buy or not to buy". Apart from advice, many interactive and exciting activities have been planned to entertain shoppers. Speaking about the event, StyleDotMe founder Meghna Saraogi said in a statement: "Through the StyleDotMe app, shoppers at Janpath will be able to take pictures of themse...

Paytm Enables Cashless Payments at ‘Mother Dairy’ Booths

13May By AnkitaNo Comments

News

Paytm Enables Cashless Payments at ‘Mother Dairy’ Booths

Paytm, India's leading payments company, has partnered with Mother Dairy, a wholly-owned subsidiary of the National Dairy Development Board (NDDB) to enable customers to make cashless payments through their Paytm wallets across 100+ Mother Dairy Milk Booths. Paytm wallet has become a default mode of payment for customers for a wide variety of services in the country including taxi rides, food ordering, and money transfers etc. The association with Mother Dairy will further help the digital wallet to cement its position as the preferred way to transact across offline and online platforms. "Paytm is focused on creating solutions for everyday payment use cases for Indians. Starting from the morning milk supply to all other everyday necessities, it is our mission to make everyday payments ...

Ray-Ban Converted India Website Into Online E-commerce Platform

13May By AnkitaNo Comments

News

Ray-Ban Converted India Website Into Online E-commerce Platform

Luxottica Group, the parent organisation of Ray-Ban has converted Ray-Ban India website into an e-commerce platform, to stop other companies selling fake Ray-Ban products via online. The company has been hit badly because of the fake products selling on online platforms. Recently Rayban dragged online retailers ShopClues.com, Craftsvilla and Stylemyway for allegedly marketing fake Ray-Ban products, according to the Delhi High Court website. "Luxottica is fully committed against counterfeiting, and this is demonstrated by the implementation of numerous activities: from the constant monitoring of the main counterfeit product suppliers to the partnership with local law enforcement and custom operations to seize the products, and ultimately the activation of legal actions against perpetrat...

Discovery Acquired Majority Stake in Celebrity Chef Sanjeev Kapoor’s Company

12May By AnkitaNo Comments

ACQUISITION, News

Discovery Acquired Majority Stake in Celebrity Chef Sanjeev Kapoor’s Company

Broadcasting firm Discovery Communications today acquired a majority stake in celebrity chef Sanjeev Kapoor-promoted Turmeric Vision, which owns and operates pay-TV network, FoodFood and its digital products for an undisclosed sum. "Discoverys investment in FoodFood underscores its strategy to deepen and expand presence in India to grow audience share across all screens, and to complement and strengthen its existing portfolio of female and lifestyle brands, including TLC and ID," the company said in a statement. Commenting on the acquisition, Discovery Networks Asia-Pacific President and MD Arthur Bastings said it boosts the companys presence in an important market like India and broadens portfolio by adding a category of content that people love. "We look forward ...