Friday, April 19

Author: Ankita

Micromax invests in Scandid, a mobile product and savings discovery platform
News

Micromax invests in Scandid, a mobile product and savings discovery platform

In world's top 10 mobile makers,  Micromax announced a strategic investment in Scandid, a mobile product and savings discovery platform. The Scandid app helps customers compare prices and discover discounts across top e-commerce and local retailers, helping them make informed choices. The Scandid investment further reinforces Micromax's foray into application services and building an integrated mobile ecosystem. (more…)
Facebook will now deliver internet from space
News

Facebook will now deliver internet from space

Facebook said on Monday, that it would launch a satellite called AMOS-6 in partnership with France's Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The satellite is a part of Facebook's long-term goal, Internet.org, to expand internet access mainly in rural areas via mobile phones. (more…)
Shocking: A Chinese Company punishes sales staff by making them crawl around lake
News

Shocking: A Chinese Company punishes sales staff by making them crawl around lake

Chinese netizens have been lashing out at the bosses of a company in Zhengzhou, China’s Henan Province, after it was reported that they had punished some employees by making them crawl around a lake. According to City Report, a local media outlet in Henan, around a dozen people were seen crawling on the wooden path along the lake on Friday. Nearly everyone’s clothes were worn out, while some had suffered bruises and scrapes and were bleeding. (more…)
Review: Meet Tesla’s Model X, 250-mile range, Falcon Wing doors
News

Review: Meet Tesla’s Model X, 250-mile range, Falcon Wing doors

Yesterday, Elon Musk founder of  Tesla has revealed new Model X in two versions called P90D (Performance All-Wheel Drive), 90D (All-Wheel Drive). Tesla Model X is the safest, fastest and most capable sport utility vehicle in history. Standard with all-wheel drive and a 90 kWh battery providing 250 miles of range, Model X has ample seating for seven adults and all of their gear. And it’s ludicrously fast, accelerating from zero to 60 miles per hour in as quick as 3.2 seconds. Model X is the SUV uncompromised. (more…)
Quikr launched QuikrJobs for country’s job seekers
News

Quikr launched QuikrJobs for country’s job seekers

Quikr, India’s leading cross-category classifieds platform, today announced its newly launched vertical, QuikrJobs will focus on Blue Collar, Grey Collar and Entry Level Jobs across India. By bridging the gap between recruiters and a large portion of the country’s job seekers that have no access to the internet, QuikrJobs will bring more people to the overall talent pool. Quikr has already been using its own platform to recruit for its call centre operations, sales force and delivery needs. (more…)
Interior Design Startup Furdo Raises $400K in Angel Round
News

Interior Design Startup Furdo Raises $400K in Angel Round

Furdo, an interior design startup based in Bangalore, has managed to raise $400K in Angel round of investment, from Bobby Reddy of Indus Homes Pvt. Ltd. Founded by Kiran Singh, Arvind Prakash Singh and Ishwar Sundararaman, Furdo is an e-commerce platform for interior designs, which helps new-home buyers 'Virtually Walk' in their interior designed homes and see it from every corner. Like this video which shows one of their themes applied to a home. (more…)
This co-working space in Noida grown from 3 to 50 odd dreamers in a year
Story

This co-working space in Noida grown from 3 to 50 odd dreamers in a year

India in the present state has the largest working population in the world; this working population is young and works hard. People lifestyles have changed dramatically and they are working more on new ideas more than ever. The start-up culture has spread widely and has penetrated to the far ends of our nation. (more…)
Market

Backed by Nandan Nilekani, Coffee Day Enterprises gets Sebi nod for Rs.1,150 crore IPO

Coffee Day Enterprises Ltd, known as the Cafe Coffee Day (CCD) brand among other businesses, has received the green signal from securities market regulator Securities & Exchange Board of India (SEBI) to float its initial public offer (IPO). India's biggest coffee chain firm had filed its draft red herring prospectus (DRHP) with Sebi through its lead merchant banker Kotak Mahindra Capital Company Limited on 26 June this year. (more…)
Story

The Reason behind Sundar Pichai named as a new CEO of Google

In a significant restructuring at Google, India-born Sundar Pichai has been named the new CEO of the technology giant as the company co-founder Larry Page on Tuesday announced the formation of a new umbrella firm Alphabet, of which Google will be a part. (more…)
Seventh funding from Youwecan ventures in Carl’s Jr a US based fast food chain
FUNDING

Seventh funding from Youwecan ventures in Carl’s Jr a US based fast food chain

Cybiz BrightStar Restaurants, the master franchisee of US-based fast food chain Carl's Jr in India has attracted funding, reportedly worth Rs. 4 Cr ($0.63 Mn) from Yuvraj Singh’s VC Fund YouWeCan Ventures. Yuvraj will also come on board as a brand ambassador for Carl's Jr in India. The funds will be used for opening about 5 restaurants by December and between 7 to 10 restaurants by the end of the fiscal year. Cybiz BrightStar has raised $3-4 Mn till date at a valuation of about $30 Mn. The company is planning to raise close to $30 Mn over the next two years. "The vertical of QSR, especially burgers, caught my attention in the last few months as space has got a thumbs-up from Indian consumers. This is my first foray into this space and I am delighted to partner with an internation...