Ankita | Pixr8 News

4Apr By AnkitaNo Comments

FUNDING

Housing.com Received New Funding From Ex-99Acres.com Head

Vineet Singh, an active angel investor and former Business Head of 99 Acres.com Invested an undisclosed amount in SoftBank funded online real estate portal Housing.com. Mr. Singh will join the Housing board as a senior advisor. "Vineet brings with him enriching experience, deep understanding of the ecosystem, and a decade of high-achieving sales leadership in the online real estate space. On board as a personal investor, Vineet will also serve as a senior advisor to the company working closely with the management team. We believe that his association will further fuel the ambitious growth plans of Housing.com," said Jason Kothari, chief executive officer, Housing.com. Currently, Singh is co-founder, CEO and MD of Buildczar.com, a marketplace for building materials and finishing produ...

India’s First Cash Giving App ‘CASHe’ Launched

3Apr By AnkitaNo Comments

News

India’s First Cash Giving App ‘CASHe’ Launched

Tslc Pte Ltd., a fin-tech company promoted by serial entrepreneur and private equity investor V. Raman Kumar, today announced the launch of its all new mobile-only lending platform - CASHe, providing users a personalized experience to borrow cash anytime, anywhere within minutes. CASHe was launched in Mumbai at a glittering ceremony today with Bollywood's rising star Arjun Kapoor unveiling the product. "CASHe is the ideal platform for consumers to take control of their short term finances", said V Raman Kumar, Chairman of TSLC PTE LTD. "Today's young professionals have different aspirations and needs not very well addressed by the present banking system. We are simplifying their borrowing experience with CASHe. With this new smart phone platform we will be providing immediate cash loan...

1Apr By AnkitaNo Comments

FUNDING

Mashable Received $15 Million Funding From Time Warner

The News website Mashable (digital media) received $15 million funding round from Time Warner Inc.’s Turner division (traditional TV network). Mashable will use the latest funding round to expand its video offerings, including on traditional TV, and enhance its advertising capabilities, according to the statement. The funding will also use to co-develop and distribute video content of Turner’s TBS, TNT channels and Mashable. Both companies will work together on new technology and advertising opportunities, according to a statement Thursday. In addition, Kevin Reilly, chief creative officer for Turner Entertainment and president of TBS and TNT, will join Mashable’s board. Turner and other media companies are looking to digital publishers to reach younger audiences that may not subs...

Agarwal Movers Group Opens its First International Office in Singapore

1Apr By AnkitaNo Comments

News

Agarwal Movers Group Opens its First International Office in Singapore

Agarwal Packers and Movers Ltd (APML), India’s leading relocation company opened its first international office in Singapore this month. The Singapore office would facilitate relocation of homes from the country across the globe and support inbound relocations too. Agarwal Packers and Movers ltd. will also be doing local moves within Singapore as well. Their Singapore operations would be spearheaded by Abhishek Raj Singh who has been with the group for the last seven years presiding the International Division. “In India we have proven ourselves, the brand stands for quality, out of box thinking and providing customer delight. Singapore packing and moving industry market is about 1000 crore (150 million USD). We see our brand gaining immediate acceptance in being the chosen packer...

30Mar By AnkitaNo Comments

INDIA

Gujarat, Maharashtra Together Contribute 46 Percent To India’s Exports: Report

According to an ASSOCHAM study on 'Export Performance of States', the analyzed data between 2007-08 and 2014-15 reports that Gujarat and Maharashtra account for more than 46 percent of the merchandise consignments from the country and with the addition of three next best performing sources of shipments, the top five states claim over 69 per cent of India's entire export earnings. While Gujarat and Maharashtra have been vying for the top spot, the latter became the best performing states shipping goods worth USD 72.83 billion in 2014-15. Gujarat had export shipments of USD 59.58 billion in the same period while Tamil Nadu emerged as the third largest sourcing state with USD 27.47 billion of the consignments, noted the study prepared by ASSOCHAM Economic Research Bureau. Though Gujarat...

Paytm Enter Into Academic Campuses, tie-up with LPU

29Mar By AnkitaNo Comments

BUSINESS

Paytm Enter Into Academic Campuses, tie-up with LPU

India's largest mobile payment and commerce platform, Paytm, has taken its cashless solution to academic campuses with a strategic partnership with Lovely Professional University, Jalandhar. Known as one of the largest single campus university in India, with more than 25000 students, 3500 faculty and staff, the university will now offer an easy access to the cash alternative with Paytm. As per the statistics, over 60 percent of the students in the campus are already active users of the Paytm app. The users can now pay university fees and dues, hostel fees, cafeteria bills as well as buy books and merchandise through the Paytm Wallet. By minimizing cash, the initiative shall be highly beneficial for the students, teachers, the institution and parents alike. With making Lovely Profe...

These “On Demand” Travel Apps Become Hit Among Budget Backpackers

29Mar By AnkitaNo Comments

Story

These “On Demand” Travel Apps Become Hit Among Budget Backpackers

(ANI): Foreign travelers are very excited to visit India and explore the enriched and diverse cultures. As it is said "Atithi Devo Bhava" India takes care of its guests and their needs and provide them with the affordable transportation to delve into India. India is a soulful, soul-stirring country, overflowing with cultural treasures, spiritual wonder, and natural beauty. A wondrous land of crowded mega cities, which attracts the travelers to explore India. These 4 Apps have been considered best for travelers to commute: JUGNOO: If you find cabs and taxi expensive you can book a Jugnoo auto from the auto ride application. Jugnoo, a Chandigarh based company, was established in the year 2014. It has ventured into the industry as one of the leading auto-rickshaw aggregators and the ...

Paytm Appointed Alibaba’s Former Executive as President

25Mar By AnkitaNo Comments

News

Paytm Appointed Alibaba’s Former Executive as President

Paytm, India's mobile payment and commerce platform has appointed ex-head of Alibaba Group Holding's wholesale business, Bhushan Patil as the company's new President. Bhushan Patil joins Paytm as President after serving 5.5 years at the Chinese company, where he was handling operations of Alibaba.com. He will now focus on building Paytm's cross border commerce. At the largest B2B marketplace, Bhushan was instrumental at leading new initiatives for Global Markets business development across SME linked associations, Banks and Government trade organizations, local trade services and e-companies. As a major accomplishment he incepted, led and launched B2B Trade-Trust products across 50 countries in Asia/Europe and Americas and was instrumental developing new India plans for Alibaba.co...

Users can Now Pay With Single Touch Using ‘Ola Money’

22Mar By AnkitaNo Comments

News

Users can Now Pay With Single Touch Using ‘Ola Money’

Ola Money, the popular digital payment solution from Ola, India's leading mobile app for transportation, today announced that it has partnered with Mumbai Metro, which will enable commuters to recharge their prepaid metro cards by using the Ola Money app. Ola Money is also the exclusive digital payment partner for RSRTC- the Rajasthan State Road Transport Corporation, where users booking tickets online on http://rsrtc.rajasthan.gov.in/ or offline during their bus ride, can pay using Ola Money. The Ola Money app can also be used for prepaid mobile phone recharge across all network operators in India and for sending money to friends and family within minutes. Additionally, Ola Money has recently partnered with Cafe Coffee Day, Cleartrip and Stayglad over and above existing partners ...

16Mar By AnkitaNo Comments

News

Snapchat Working on Google Glass Rival: Report

NEW YORK: After changing the orthodox ways of chatting, video messaging application Snapchat is now reportedly working to give tough competition to Google with its own augmented reality (AR) "smart" glasses. According to a TechCrunch report, Snapchat has hired developers from major augmented reality groups like Microsoft's HoloLens, PTC's (formerly Qualcomm's) Vuforia and eye-tracking tech maker Eyefluence to make Snapchat's pair of "smart" glasses. The company showed interest when Google launched Glass and later bought Vergence Labs, which produced a pair of glasses equipped with an embedded camera for $15 million in March 2014. Company soon bought Scan.me for $50 million, a QR code-scanning/creating technology that would later manifest itself it the company's Snaptags feature. ...

16Mar By AnkitaNo Comments

BUSINESS

India’s First Profitable E-commerce Firm Infibeam Looking to Raise $334 Million in IPO

E-commerce firm Infibeam Incorporation is eyeing a valuation of as much as $334 million as it sells shares next week in the sector's first initial public offering. The company, founded by former Amazon.com employee Vishal Mehta in 2007, set a price range of 360 rupees to 432 rupees per share on Tuesday as it seeks to raise up to 4.5 billion rupees ($67 million) in the IPO. Speaking at a news conference, executives said they expected a dilution of 20 percent to 22 percent in the IPO, which means the company could be valued at 22.5 billion rupees after the share sale. The sale will take place from March 21 until March 23, and trading is set to begin on or around April 4. Although a comparatively small IPO, Infibeam's debut is widely expected to serve as a proxy for stock market i...

ISRO Developing ‘Front-End Chip’ for Satellite Navigation System

12Mar By AnkitaNo Comments

News

ISRO Developing ‘Front-End Chip’ for Satellite Navigation System

IANS- The Indian space agency is in the process of getting ready the radio frequency chips for its satellite navigation system, a top official said on Thursday. "We are in the process of developing the front-end chip. The initial version is expected to be ready this year," A.S. Kiran Kumar, Indian Space Research Organisation (Isro) chairman, told IANS in Sriharikota. Named as the Indian Regional Navigation Satellite System (IRNSS), the system consists of a constellation of seven satellites of which the sixth was put into orbit on Thursday. He said the seventh navigation satellite will be launched next month. Kumar said the signals from the fifth navigation satellite-IRNSS-1E- launched last month is being received. He said the information received from the orbiting navigation...