Sunday, December 22

Author: Priyanka

IRCTC Partners With 'OYO Rooms' to Deliver Real-time Hotel Bookings
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IRCTC Partners With 'OYO Rooms' to Deliver Real-time Hotel Bookings

Continuing its recent streak of partnering with innovative start-up ventures, Indian Railway Catering and Tourism Corporation (IRCTC) has tied up with OYO Rooms, India's largest branded network of hotels, to offer standardized accommodation and a convenient booking platform to rail travelers. The partnership symbolizes the growing leverage of synergies between the government and homegrown Indian businesses to drive the next wave of innovation. OYO Rooms will power the IRCTC hotel-booking page, offering their inventory and promise of standardized amenities to train passengers. Commenting on the tie-up, IRCTC CMD Dr. A.K. Manocha said, "We are committed to drive efficiencies and enhance our service through innovation. OYO Rooms has propelled the hotel market in India towards new horizon ...
Chinese Company LeEco Will Provide Mid Day Meals To Indian Childrens
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Chinese Company LeEco Will Provide Mid Day Meals To Indian Childrens

In a gesture befitting a socially conscious corporate, LeEco, the internet and technology conglomerate has joined hands with Akshaya Patra to support a mid-day meal for two children for every Le Superphone sold (Le 1s and Le Max) on LeEco Day on February 25, 2016. The initiative is part of a program that helps Akshaya Patra feed over a million children, who have the zeal to learn and the potential to contribute to India's social and economic development. LeEco, which recently entered the Indian market has become consumers' favourite brand in a short span of time. Having created a flurry of industry records with its Le Superphones, the corporate's LeEco Day with its bounty of benefits and offers worth Rs. 8 crores, is touted as one of the largest and most attractive shopping carnivals...
Freshdesk Acquired Noida Based Company Having 1000 Companies To Communicate on Visual Files
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Freshdesk Acquired Noida Based Company Having 1000 Companies To Communicate on Visual Files

Framebench, a fast visual collaboration platform which, over the past 3 years, enabled more than a 1000 companies to annotate and communicate on visual files in real-time got acquired by Freshdesk. The amount of the deal has not been disclosed. After weeks of keeping it secret, we’re excited to announce that we’ve been acquired by Freshdesk, Inc and the team will move on to building superior customer engagement experiences in our new roles. – said Framebench Team. We’d like to thank everyone who tried and used Framebench. It’s because of you that we’ve kept building awesome stuff along the way. While we’re not accepting any more sign ups, Framebench will continue to work as is for all current customers.   Some of the questions Framebench team has answered below regarding this acquisit...
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40,000 Crores Service Industry Found a Aggregator Platform Foodcentral, Founded by IIT Kanpur Alumni

The world is changing faster than ever. And with every change comes an opportunity for people to come together for one reason or the other. There are countless social gatherings possible, personal or professional. And with every possible social gathering, it becomes imminent for somebody to host the gathering. The catering services industry in India has been consistently growing at the annual growth rate of 15 to 20 percent and in 2016, is expected to attain the worth of INR 40,000 crore. One good thing about the Indian catering industry is that despite the tumbling stock market and recessive economy, it didn't have a direct impact. You may ask why? Well, since it is not directly related to how the market behaves, it is more of a personal thing than strict business. The catering s...
Funding Round- Collegedunia Raises 3 crores Funding, IAN Invests In UK Based Startup Ascema
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Funding Round- Collegedunia Raises 3 crores Funding, IAN Invests In UK Based Startup Ascema

Delhi-based Collegedunia has raised Rs 3 crore in Pre-Series A funding round from Umang Kumar, co-founder and, CEO of Gaadi. Collegedunia is an extensive search engine for the students, parents, and education industry players who are seeking information on the higher education sector in India and abroad. The startup was founded in 2014 by Sahil Chalana who is an Alumni from BITS Pilani. As per the data of company Collegedunia have 40000+ unique visitors per day and it comes under 2000 website. The company claims  to scale up its traffic up to 1 Lac+  in next few months. Collegedunia has also launched an app and received 10000 installs. Collegedunia claims to feature 12000colleges/institutes/Universities and fees structure on its platform. Collegedunia covers areas like fee, placement, a...
Housejoy Acquired Orobind, a Personal Fitness Tech Startup
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Housejoy Acquired Orobind, a Personal Fitness Tech Startup

Keeping success efforts up, housejoy have now extended its dominance in the industry by acquiring Orobind, an ‘at-home’ personal fitness tech startup. This move helps housejoy to further strengthen our fitness offering and offer a highly differentiated experience to its customers. Orobind, founded by Satya Vyas and Shubhanshu Srivastava in December 2014, has been a leader in the ‘at-home’ personal fitness space and is serving more than 1000 customers in Bangalore alone, with around 135 active personal trainers on the platform. As a part of this deal, Housejoy acquired the trainers of Orobind, its customer base and the technology. Talking about the acquisition, CEO & Founder Housejoy, Saran Chatterjee, said, “The acquisition is a part of our strategy to become leaders in thi...
RIP Facebook Free Basics, TRAI Supports Net Neutrality
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RIP Facebook Free Basics, TRAI Supports Net Neutrality

Indian Entrepreneurs will be too happy this time. Reason? Telecom Regulatory Authority of India (TRAI), has finally put to rest the differential pricing debate for at least two years. TRAI on Monday said that no company or offer to charge discriminatory tariff for data on basis of content effective immediately. India’s telecom regulator TRAI says no company to offer/charge discriminatory tariffs for data on basis of content - TV— Reuters India (@ReutersIndia) February 8, 2016 //platform.twitter.com/widgets.js The regulator, which warned the operators that they cannot enter into any arrangement based on discriminatory pricing, also said that financial disincentives of Rs. 50,000-50 Lakh will be charged If TRAI regulations were violated. TRAI Releases its Regulations on &q...
IIT Graduates Find a Convenient Way To Maintain Your Homes
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IIT Graduates Find a Convenient Way To Maintain Your Homes

All Indians have faced situations where we need urgent services for our homes, be it an electrician, a plumber, someone to look under the hood of the car or just clean our carpets. Usually, the process is tedious where we ask our acquaintances for references or go to the Yellow pages or Google it and take our chances. Then comes the agony of waiting for an unpunctual repairman and not knowing his reliability and background apart from his charges. Enough to send a shiver up the spine. The Solution: Aurospaces A Passionate IITian has brought the best of tech and built a common platform for a variety of services to ease the process of maintaining our homes and make it a pleasurable experience. With a deep understanding of what a common Indian goes through in accessing basic services, ...
WhatsApp Extend Group Users Limit From 100 Users to 256 Users
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WhatsApp Extend Group Users Limit From 100 Users to 256 Users

Facebook Owned messenger App WhatsApp has silently updated its Android version group limit of users which includes now 256 users. Earlier the group user limit was 100 users per group.  iOS users have also received an update that brings the same functionality, with version 2.12.13 of the app. It is worth mentioning that the new group limit is only visible on Android and iOS for now. However, it should reach Windows Phone, BlackBerry, and other platforms soon. WhatsApp last month got rid of its $1 (approximately Rs. 68) annual subscription fee. Until now,WhatsApp asked some users to pay an annual fee for using the app after the first year of use - though as many of us experienced, most users were not asked to pay after a year, and instead were given extensions each year.   I...
She Is The First Woman CEO At An Indian Unicorn
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She Is The First Woman CEO At An Indian Unicorn

Mu Sigma, the world’s largest pure-play provider of decision sciences and analytics solutions, announced today that Ambiga Dhiraj, formerly Chief Operating Officer, will assume the role of Chief Executive Officer (CEO) effective immediately. Founder and former CEO, Dhiraj Rajaram, will continue in a full-time capacity with the company and remain as chairman. Ambiga has been with Mu Sigma for more than eight years, having led functions of talent management, marketing, innovation and product development before assuming the role of COO in February 2012. In that role she drove major improvements to the company’s India operations and the global delivery of products and services to the market. Now she joins an exclusive and short list of female CEOs to lead privately held companies with bil...
First time, Alphabet Disclosed The Profitability of Google's Search Engine
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First time, Alphabet Disclosed The Profitability of Google's Search Engine

MOUNTAIN VIEW, Calif. – Alphabet Inc. announced financial results for the quarter and fiscal year ended December 31, 2015.  Alphabet easily beat Wall Street's quarterly profit forecasts on Monday, helped by strong mobile advertising sales, sending the shares of Google's parent higher in after-hours trading to surpass Apple Inc as the most valuable U.S. company. "Our very strong revenue growth in Q4 reflects the vibrancy of our business, driven by mobile search as well as YouTube and programmatic advertising, all areas in which we've been investing for many years. We're excited about the opportunities we have across Google and Other Bets to use technology to improve the lives of billions of people," said Ruth Porat, CFO of Alphabet. For the first time, the company disclosed the profitabil...
Coca Cola to Enter Dairy Drinks Segment in India
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Coca Cola to Enter Dairy Drinks Segment in India

(PTI)- Beverages major Coca Cola on Monday announced its foray into value-added dairy drinks segment in the Indian market with Vio brand, which will make its debut across the country next month. The company, which will introduce two flavours under Vio, has tied up with Reliance Retail as part of pilot launch to make the brand available exclusively across the latter's 500 stores starting tomorrow. "We have been getting into new categories and we will be getting into sparkling drinks with juices. We are now getting into dairy segment with Vio in two flavours in the value added dairy category," Coca Cola India & South West Asia President Venkatesh Kini said. The company has tied up with Schreiber Dynamix Dairies Pvt Ltd which will manufacture the product. Vio will be ava...