Sunday, December 22

Author: Rishabh

A love for stories and urge to be more exposed to the outer world made Rishabh to work with Pixr8 as a content writer. He choses to go with his personal interest of writing and hence is a writer not only by profession, but also by heart and choice. He is currently pursuing his B-tech from Noida.
A Social Platform To Find Gentleman’s in Games
12Jun By RishabhNo Comments
Story

A Social Platform To Find Gentleman’s in Games

How many times it has happened to you that you make a plan of playing some sport, be it cricket or football or planning to go for a bicycle ride with some of your buddies, make a team and just as you all become psyched about it, some of the players back out! It breaks heart! This is a persistent problem that probably every one of us has faced quite a lot. Bringing a solution to such problem, Pixr8 brings you the story of one such startup that goes by the name “JumpSum-The Sports Match Maker”.   THE SOLUTION Jumpsum is a social platform dedicated to sports & fitness designed to connect enthusiasts from all across India, giving them a chance to connect with users of common interest. If you are looking for a cycling partner, Jumpsum will help you find one. If you are look...
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ICICI Banks Now Ready To Invest In Startups
19Apr By RishabhNo Comments
BUSINESS

ICICI Banks Now Ready To Invest In Startups

Country’s largest private sector lender ICICI Bank announced today about its interest in investing in startups in the financial technology space, even though it has not earmarked a dedicated corpus for the investments. (more…)
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Data Centre Company Netmagic To Invest Rs. 2,000Cr To Set Up Two Data Centres!
17Apr By RishabhNo Comments
BUSINESS

Data Centre Company Netmagic To Invest Rs. 2,000Cr To Set Up Two Data Centres!

Netmagic plans to invest about Rs 2,000 crore to set up two new facilities, one each in Mumbai and Bengaluru, by April 2018, apart from increasing its headcount to meet growing business. The Mumbai-based company operates eight data centres in the country across Mumbai, Chennai, Delhi-NCR and Bengaluru. "When we launched our last projects in Bengaluru and Mumbai, we thought it would take 5-6 years to fill their capacity but within six months of the launch of Mumbai data centre, we have started to build two new facilities. We are seeing demand beyond our expectation," Netmagic Executive Director and President Sunil Gupta said to the source. He said there is huge demand from the e-commerce sector and the launch of 4G services will fuel demand for videos and high-definition content. ...
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Mobikwik Planning To Turn Profitable By mid-2017
17Apr By RishabhNo Comments
News

Mobikwik Planning To Turn Profitable By mid-2017

Gurgaon-based mobile wallet firm MobiKwik expects to turn profitable by mid-2017 and plans to diversify revenue streams by offering financial products like loans and mutual funds, a senior executive said. "We are looking at diversifying our revenue streams and our first goal is to be profitable on a monthly basis by middle of 2017," MobiKwik founder and chief executive Bipin Preet Singh told PTI. The firm looks to expand its financial services offerings and has started entering into partnerships with banks and financial institutions for the same. MobiKwik is partnering with non-banking finance companies (NBFCs) to offer micro-lending to its users, and is also looking at launching a mutual fund portfolio going forward, he added. The company is also focussing on the offline category, an...
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Wittyfeed- A Story of World’s 2nd Largest & India’s Largest Viral Content Company
30Mar By RishabhNo Comments
Story

Wittyfeed- A Story of World’s 2nd Largest & India’s Largest Viral Content Company

WittyFeed.com, a name heard by many but whose story is yet not been told completely! WittyFeed holds a history, which is not only interesting but also inspiring. It is a company that has seen times that has caused many startups to die, it has fought and is now truly an example of hard work and dedication with its success. Mr. Vinay Singhal, founder of WittyFeed.com shares his success with Pixr8 in a recent interview. Taking time out in this festive weekend from his busy schedule, Mr. Singhal did gave plenty of time and attention to celebrating the grand success of Wittyeed.com. He was quick and precise and kept the conversation to the point. “Currently WittyFeed.com gets 120 Million unique visitors on a month-on-month basis, converting to about 400 Million page views. It makes us wo...
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Indian Startup Vs. US Monopoly, An Execution Without Trial !!!
8Mar By RishabhNo Comments
News

Indian Startup Vs. US Monopoly, An Execution Without Trial !!!

Facebook recently showed its anti-social behavior when it pulled down the page of Houzify, a Bangalore-based home improvement startup whose investors include T V Mohandas Pai and InMobi's Naveen Tewari - on the basis of a complaint from US-based Houzz. In a legal glitch Houzz had sent a legal notice to Houzify over trademark infringement issue. Houzify says that the Facebook Page was shut down without any notice from Facebook. Neither did they give any forewarning or called for consulting over the matter. This direct action taken by facebook came as a shock! Gunaseelan Radhakrishnan, Co-founder & CEO of Houzify, described the action as "execution without trial", while Pai said it "demonstrates the danger India and startups here face because of the monopoly of Facebook and its...
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Snapchat Raises $175 Million Funding from Fidelity at Flat Valuation
5Mar By RishabhNo Comments
FUNDING

Snapchat Raises $175 Million Funding from Fidelity at Flat Valuation

Snapchat Inc. which makes a free app called Snapchat for sharing quick disappearing images and videos has recently raised a funding of $175 M from Fidelity at a $16 billion valuation, according to the Wall Street Journal. The catch is that Snapchat’s last round of funding in May 2015 reportedly valued the company at $16 billion, a 60% bump from its previous round in December 2014. Fidelity bought shares at $30.72 in February after paying that price last March. In the fourth quarter, a separate valuation committee at the mutual fund brought down the shares to $25.75. (more…)
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Now Recharge Your Delhi Metro Card Using Paytm!
4Mar By RishabhNo Comments
News

Now Recharge Your Delhi Metro Card Using Paytm!

The next time you’re taking a ride in Delhi Metro, and run out of credits in your metro card, use Paytm to recharge! Now ride in Delhi Metro hustle free and without the tension of getting your time killed in the long queues for recharging your metro card. It’s time to shun the long queues at Delhi Metro Rail Corporation(DMRC) ticket counters. Now, Delhi Metro travelers will be able to recharge their metro cards via Paytm on the go! (more…)
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Social Discovery App Raises $5 Million Angel Funding From HNI
4Mar By RishabhNo Comments
FUNDING

Social Discovery App Raises $5 Million Angel Funding From HNI

Shouut, a social discovery and sharing app, offered by Giant Tech Labs Pvt. Ltd. has raised $5 Million in angel funding from an undisclosed High Net-Worth Individual angel investor, based in India. Founded by Praveer Kochhar, Shouut is an app that enables its users to discover and share amazing places or experiences in their instant vicinity, the platform also enables amplification of business deals to users around their business location. The Shouut app after undergoing around 10 months of development phase, was finally launched in February 2016 at Google’s Play Store. (more…)
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Plastic Recycling Startup raises $8 Million Funding from Artha Capital
2Mar By RishabhNo Comments
FUNDING

Plastic Recycling Startup raises $8 Million Funding from Artha Capital

Hyderabad: Banyan Nation, a plastic based waste management and recycling company has recently raised a funding of $800,000 (Rs. 5.3 crores). Banyan is a startup that offers FREE On-Demand and Recurring recyclable waste pickup services to townships, apartments, small and medium businesses, large corporations and independent homes. (more…)
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