Wednesday, December 25

Author: Priyanka

First Totally Private Mobile App Scrambl3 For Calling and Texting Launches Today
News

First Totally Private Mobile App Scrambl3 For Calling and Texting Launches Today

USMobile, Inc., a private communication company, launched the free version of Scrambl3, a free mobile App for iOS and Android enabling you to make the world's most private calls and messages.   Ultimate Personal Privacy: 5 second anonymous signup and Black Book contact listing New Scrambl3 users are only asked to provide a username and password. Other free voice and messaging apps require that you verify your cellphone number, request access to your private cellphone contacts, and may also ask for your email address, all of which is a hassle and a violation of your personal privacy. Users can privately exchange their usernames and add them to their respective Black Book contact listing. No unwanted calls or messages are possible on your private network. This is one of major po...
WORLD RECORD- Jio Welcome Offer Enrols 16 Million Customers in 26 Days
News

WORLD RECORD- Jio Welcome Offer Enrols 16 Million Customers in 26 Days

Mumbai, October 9 2016: Reliance Jio Infocomm Ltd. (Jio) announced today that it has created a world record by crossing 16 Million subscribers of 'Jio Welcome offer' in its first month of operations. Jio has achieved this growth faster than any other telecom operator or start up in the world including the likes of Facebook, WhatsApp and Skype. ALSO READ: How Mukesh Ambani’s Reliance Jio Fooled us in the Name of Cheaper Data Mr. Mukesh D. Ambani, Chairman, Reliance Industries Limited, said, “We are delighted and humbled by the overwhelming response across India to the Jio Welcome Offer. Jio is built to empower every Indian with the power of data. We are delighted that people have recognized this and are utilizing our services to the fullest. We are customer-obsessed and commit...
Sundar Pichai Led Google Spends $3.2 Million on Television Ads of “Pixel Smartphone”
News

Sundar Pichai Led Google Spends $3.2 Million on Television Ads of “Pixel Smartphone”

Search Engine giants Google's spends $3.2 Million in television ads in two days since it announced the upcoming launch of "Pixel" smartphone. The strategy of Google is to put Pixel in direct competition with the two dominant smartphone makers Apple & Samsung. One of Google ad executives expect Google will spend hundreds of millions more to keep up with rivals. While Google's brand is known around the world, and its Android operating system powers most of the world's smartphones, including Samsung's, it is not known as a consumer goods maker. It has made forays, such as the Chromecast streaming player, but not of this size. Many experts are saying that "This is the first time they are in the position of selling themselves to people, as opposed to selling themselves to brands". ...
Google Will Open a New Cloud Region in Mumbai
News

Google Will Open a New Cloud Region in Mumbai

Google will open a new Cloud Region in Mumbai that will help the tech giant offer its cloud platform services to developers and enterprise customers in India. Expected to be live in 2017, the local region in India will help make Google cloud platform services even faster for Indian customers, company said in a statement. The announcement was made at the Horizon event in San Francisco. However, the company did not disclose any financial details. The business-to-business (B2B) based Cloud services have also been re-branded as Google Cloud. With more than one billion end-users, Google Cloud has gained significant traction in India and across the world. Its global customers include Snap Inc (formerly SnapChat), Niantic Labs (Pokemon Go), Telus International, and Evernote, among others...
On its 18th Birthday, Google Launches Service to Take Internet to India Malls, Cafes
News

On its 18th Birthday, Google Launches Service to Take Internet to India Malls, Cafes

On his Google, a unit of Alphabet Inc, said on Tuesday it launched Google Station in India, a service that aims to deepen its reach across the country, as the search giant seeks to bring more people on to its Google platform. Under the service, Google will roll-out Wi-Fi hot spots in places frequented by a large number of people, such as malls and transit stations, and in social hangout locations such as cafes and universities, the company said on Tuesday. "The goal is to give people many hot spots within a few minutes walk from their home, university, or workplace, unified by a simple login process that works across all of them," Caesar Sengupta, Vice-President, Next Billion Users at Google was quoted as saying in the statement. Google currently offers free Wi-Fi access at 53 rai...
Bengaluru Based Startup CropIn Technology Solutions Raises $2 Million Funding
FUNDING

Bengaluru Based Startup CropIn Technology Solutions Raises $2 Million Funding

Cropin Technology Solutions, a Bangalore-based startup has formally declared its investment deal with Sophia Investment ApS, Denmark. This series A investment of $2 million, upswings the scalability of the company and provides it a sizeable balance required to increase its operation on the technical front and market expansion. The deal is a shot in the arm for CropIn Technology considering the avenues available in the agricultural sector and the CAGR of farm management software industry (ICT) growing at a pace of over 17% in India. "A robust growth chart, faith of our existing investors and continued traction in the agri business space for penetration made it ideal for us to raise this investment with an intent of expanding our belief of serving 20 million farmers by 2020. CropIn uses d...
Facebook CEO Mark Zuckerberg, Priscilla Pledge $3 Billion to Cure All Diseases
News

Facebook CEO Mark Zuckerberg, Priscilla Pledge $3 Billion to Cure All Diseases

Facebook CEO Mark Zuckerberg and his wife Priscilla Chan will spend USD 3 billion over the next ten years on their ambitious goal aimed at helping to eradicate all diseases by the end of this century. The goal is to "work together to cure, prevent or manage all diseases within our childrens lifetime," Chan, who is a pediatrician, said during an event in San Francisco for the Chan Zuckerberg Initiative, the couples philanthropic group. Speaking through tears, Chan recalled telling parents their child had an incurable disease or could not be revived, experiences she said made her even more determined to work with scientists and engineers to build new tools that can save lives by the end of the century. The investments will include creating research tools from software to hardware to...
Jack Ma Appointed as a Adviser of United Nations Trade & Business Group
CHINA

Jack Ma Appointed as a Adviser of United Nations Trade & Business Group

Jack Ma, founder and executive chairman of e-commerce giant Alibaba, has been named Special Adviser to the United Nations Conference on Trade and Development (UNCTAD) for Youth Entrepreneurship and Small Business. In his new role as UNCTAD Special Adviser, Ma, 52, will champion initiatives to make it easier for young entrepreneurs and small businesses, particularly in developing countries, to participate in global trade, as well as raise awareness about the 2030 Agenda for Sustainable Development. "Ma is an influential and respected pioneer of the internet era, innovator, entrepreneur, and philanthropist," UNCTAD Secretary-General Mukhisa Kituyi said. "He brings a visionary approach to entrepreneurship, a thirst for learning, and a belief in a better world that make him a perfect ...
Flipkart Crosses 100 Million Users, Become First E-commerce Firm To Achieve This Milestone
News

Flipkart Crosses 100 Million Users, Become First E-commerce Firm To Achieve This Milestone

India's leading e-commerce platform Flipkart has crossed the 100-million registered users mark, becoming first e-commerce company in the country to achieved this milestone. "This is a small step in our efforts to build a platform that provides quality products, affordable and accessible to millions of Indians shopping online. This milestone has further energized us to ramp-up our efforts and build a world-class shopping destination," Flipkart co-founder and CEO Binny Bansal said. One of the most valued start-ups in the country, Flipkart has Tiger Global, Accel Partners, Morgan Stanley and T Rowe among its investors. The company has raised over USD 3 billion in funding so far and has acquired companies like Myntra, PhonePe and LetsBuy. It has also invested in start-ups like Cube26, NestAw...
BookMyShow Posted Profit of 3.1 Crore in FY16
BUSINESS

BookMyShow Posted Profit of 3.1 Crore in FY16

BookMyShow.com, India's leading online entertainment ticketing platform posted Rs.3.1 crore profit on moday for the year ended 31 March, against a loss of Rs.13.5 crore in the year-ago period. Bigtree Entertainment Pvt. Ltd also known as Bookmyshow, Revenue rose to Rs.248 crore in the period from Rs.130 crore. Revenue from online ticket booking doubled to Rs.176.7 crore from Rs.88.4 crore. The company was founded in 1999 by Ashish Hemrajani, Parikshit Dar and Rajesh Balpande, the Mumbai-based online ticketing company raised over Rs.550 crore in its fourth round of funding in July led by US-based Stripes Group with existing investors Network 18, Accel Partners, and SAIF Partners participating. The funding valued the company at Rs.3,000 crore. BookMyShow is present in over 350 towns...
Anand Chandrasekaran Will Join Facebook Messenger App Team
News

Anand Chandrasekaran Will Join Facebook Messenger App Team

As per the sources Facebook hired Snapdeal former executive and a high-profile investor Anand Chandrasekaran to help develop strategies for its Messenger app. The announcement could be made tomorrow. Both Anand and facebook didn’t immediately respond to requests for comment. Anand Chandrasekaran resume includes company like Yahoo & Snapdeal as a former senior executive. He also served at India’s largest cellular company, Bharti Airtel Ltd. as a chief product officer.  Where he launched Airtel’s mobile application and a popular music streaming app. His expertise in Silicon Valley and India will help messenger platform. He will assume a global leadership role working on strategies and partnerships for Facebook’s billion-user-strong texting service, according to people familiar w...
Swiggy Raises Rs 100 Crore from Bessemer Venture Partners
FUNDING

Swiggy Raises Rs 100 Crore from Bessemer Venture Partners

Food ordering and delivery platform Swiggy said it has raised $15 million in a fourth strategic round of funding (Series D) from Bessemer Venture Partners, with existing investors also participating. The freshly raised funds are expected to fuel company's next growth phase, with an improved customer experience. This will include technology upgrades, a wider spread of restaurants to choose from and better delivery efficiency, Swiggy said in a statement here. This comes close on the heels of the $35 million (nearly Rs 232.85 crore) it raised in January 2016 from existing and new investors, including New York-based Harmony Partners and Singapore-based RB. With this latest round of funding, the company has now raised $75.5 million (nearly Rs 502.28 crore) in all, it said. "Our strong...