Tuesday, April 23

Author: Ankita

Indian Angle Network Invests in bangalore based Consumer Healthfood Startup Jiyo Natural
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Indian Angle Network Invests in bangalore based Consumer Healthfood Startup Jiyo Natural

Indian Angel Network (IAN), India's first and world's largest angel investor network, has invested in Bangalore-based Jiyo Natural which offers personalized nutritionally balanced, calorie-monitored and chemical-free food through web and app. Rajiv Mehta and Sumit Dhingra have led this round of investment and will join the board of the company to further mentor and nurture the team and venture. "Jiyo Natural has, as part of its core values, a strong sense of social responsibility that forms the foundation of its existence. While we are committed to the long term vision of being a key catalyst in creating a Healthy India, we are also committed to contributing to the society and will endeavor to promote a clean environment," said Jayas Damodaran, Co-founder of Jiyo Natural. Mr. Rajesh ...
Alibaba making Taobao villages to help China’s rural population
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Alibaba making Taobao villages to help China’s rural population

Taobao, the popular Chinese online retail platform, has become more important to rural economies across China due to an emerging phenomenon called “Taobao villages”. The popularity of “Taobao Villages” is increasing in China. This trend consists in village residents who sell their handicrafts and products via online. According to Alibaba, Taobao village is any place where 10% of the population is engaged in online retailing. The e-commerce has grown in rural China in 2014, with the number of “Taobao Villages” increasing over tenfold in comparison with 2013. At the end of last year the number of “Taobao Villages” reached 211 while in 2013 there were only 20. Almost half of China’s demography resides in agrarian regions and nowadays, e-commerce has an important potential to boost ec...
Jab We Ate: A kolkata based startup will provide you “Maa ke hatth ka khana”
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Jab We Ate: A kolkata based startup will provide you “Maa ke hatth ka khana”

It is very important for any human being to eat healthy and fresh in order to sustain the hardship of everyday life. The world has transformed into a cutthroat competition and because of this many of us leave our families and move to other cities to give a complete transformation to ourselves. In the midst of everything, among the various thing one misses is "Ma ke haath ka khana" definitely is on the top most. It happened one day when Saurabh, the Chief Eating Officer (CEO) at Jab We Ate, was in Mumbai for an official trip and the most importantly he missed was his home cooked food. He thought there are so many people like him who leave their city and move to bigger cities for a better opportunity. His this thought gave birth to "Jab We Ate". This food startup is founded and seed-fund...
Ratan Tata And American Express Join Series A Funding Round Of Digital Currency Start-Up Abra
FUNDING

Ratan Tata And American Express Join Series A Funding Round Of Digital Currency Start-Up Abra

MOUNTAIN VIEW, CALIFORNIA – Abra, the company changing how people use cash and their smartphones to send and receive money around the world, announced that the Abra app will be available to all registered users in the US and Philippines in the coming weeks, with more countries to follow soon. The company also announced their entry into online, digital cash-based merchant payments.   In addition, Abra announced that Ratan Tata, the Chairman Emeritus of Tata Sons, and American Express have made strategic investments in Abra as part of the recently-announced Series A round. These are the first investments in the crypto currency world for both American Express and Ratan Tata. “As people and businesses transact more globally, there’s a need for more convenient and affordable w...
Indian PM Modi’s ‘Mann Ki Baat’ Available on Saavn App
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Indian PM Modi’s ‘Mann Ki Baat’ Available on Saavn App

People can now listen to recorded version of Prime Minister Narendra Modi's radio programme 'Mann Ki Baat' on music application Saavn in 24 languages.PM Modi hosts the programme on All India Radio to address issues and events that affect the general public in India on a daily basis.   "We are honoured to have Prime Minister Narendra Modi's programme, 'Mann Ki Baat' streaming on Saavn. This is in line with his vision of a 'Digital India' wherein technology can effect a qualitative change in peoples' lives," Saavn Global Chief Operating Officer Mahesh Narayanan said in a statement.This marks the first presence of 'Mann Ki Baat' on an Indian digital streaming platform, the statement said.Saavn claims to have 18 million monthly active users. Each Mann Ki Baat programme edition...
In India, Use Pocketin For Selecting Restaurants And Request For a Particular Discounts
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In India, Use Pocketin For Selecting Restaurants And Request For a Particular Discounts

Why should we just settle for the discounts that the restaurants offer us? Why can’t we demand the discount we think we deserve for the business that we give the restaurants? With this question in mind, the idea of Pocketin was born. In the world of fixed discounts in restaurants, the founders of Pocketin wanted to create a more dynamic ecosystem, where the diners would have a much better deal if they would be visiting on weekday mornings compared to weekends or if they are spending a higher amount. Being big time foodies themselves, Kshitij and Anirudh, two engineering graduates started working on Pocketin, an app where a user can select his favorite restaurants and request for a particular discount from each one of them. The request then instantly shows up on the respective restaur...
Scoot Quad – San Francisco’s New Way To Ride Around The City
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Scoot Quad – San Francisco’s New Way To Ride Around The City

Today, San Franciscans have a new way to ride around the city with the addition of 10 all-electric Nissan New Mobility Concept vehicles to the Scoot Networks mobility service. The Nissan New Mobility Concept, also known as a Scoot Quad, is a 100 percent electric, two-seater compact vehicle with a range of 40 miles and top speed of 25 mph—perfect for driving in urban areas.   “As large cities continue to grow into megacities globally, we need to understand how transportation is changing and look ahead to anticipate what transportation needs will look like in the future,” said Rachel Nguyen, executive director, Nissan Future Lab. “Scoot Networks is an ideal partner in this research project because they are fulfilling a need that has emerged in the San Francisco market, and th...
Alibaba lobbies to stay off U.S. blacklist list for fakes
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Alibaba lobbies to stay off U.S. blacklist list for fakes

Reuters - Chinese e-commerce giant Alibaba Group Holding Ltd is lobbying hard to stay off the U.S. Trade Representative's blacklist after coming under renewed pressure this year over suspected counterfeits sold on its shopping platforms. Re-inclusion on the USTR's annual list of the world's most "notorious markets" for sales of pirated and counterfeit goods, while not carrying direct penalties, would be a blow to the company's efforts to shed perceptions that its sites are riddled with fakes and that its anti-piracy policies are inadequate. It could also hurt Alibaba's beleaguered share price.   Two Alibaba sites - the business-to-business platform Alibaba.com and the hugely popular Taobao Marketplace - were on the USTR's "Notorious Markets" list from 2008.Alibaba.com was...
Flatchat goes International with Singapore Debut
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Flatchat goes International with Singapore Debut

Flatchat, the home rentals and roommate-finder app, is now launching in Singapore. Backed by CommonFloor.com—Flatchat is a mobile-based platform that helps students and bachelors find accommodation and flatmates. The app has been completely re-designed for the Singapore market, and is expected to be publicly available to users by November 2015. Singapore will be the entry point for Flatchat’s expansion to international territories. (more…)
Dell acquire EMC Corp for $67 billion
FUNDING

Dell acquire EMC Corp for $67 billion

A record deal in technology industry Computer-maker Dell Inc buy data storage company EMC Corp for $67 billion. Dell tries to transform itself into a giant in the fast-growing market for managing and storing corporate data. The deal will help Dell, the world's No. 3 computer maker, diversify from a stagnant consumer PC market to faster-growing market for cloud-based data services. (more…)
India’s drug stores plan protest against online pharmacy
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India’s drug stores plan protest against online pharmacy

Reuters- As many as 850,000 small chemist shops in India will shut for a day next week to protest against a burgeoning online pharmacy industry that is attracting big money backers. The one-day nationwide strike on Oct. 14, called by the All India Organization of Chemists and Druggists (AIOCD) comes as a government panel started working on regulations for the sector. Healthcare provider Apollo Hospitals Enterprise Ltd plans to start online drug sales in India, while Zigy, and Sequoia Capital-backed 1mg already have e-pharmacies to tap a retail market IMS Health says is worth about $13 billion. (more…)
Rahul Gandhi will meet startup’s founders in Bengaluru today
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Rahul Gandhi will meet startup’s founders in Bengaluru today

Rahul Gandhi, the Vice-President of Congress, India's main opposition party will meet founders of start-ups in Bengaluru today over tea. Mr. Gandhi will meet startups like Taxi aggregator Ola, grocery portal Big Basket, Skan Ray Technologies, Paper boat represented by their founders. Flipkart might be missed because its founders Sachin Bansal and Binny Bansal are out of the city.  (more…)