Sabhyata Agarwal | Pixr8 News

24Feb By Sabhyata AgarwalNo Comments

Story

Inside Story: How Companies like CarWale, CarDekho generates Revenue?

Earlier it was simple, a person had a shop, he made money by selling its product or services. Now the process has changed, we are in a phase, where everything is online. Every brand and service has a website through which they contact their clients and carry out processes. In such quest, it becomes difficult to think that how a website generates revenue, if we talk about a non e-commerce website. If you want to start an online website that doesn't involve buying and selling of goods but have an alternate service to offer, you must have thought, "How do websites like Quikr, JustDial, Carwale, Cardekho and others that offer knowledge and services make money?" You must have googled it but were unable to find a dependable authority. So, in order to enlighten everyone we contacted a rel...

Apple To Soon Launch Its Second Generation AirPods

24Feb By Sabhyata AgarwalNo Comments

Tech

Apple To Soon Launch Its Second Generation AirPods

The Apple wireless AirPods that debuted in India in the late 2016, is reportedly going to upgrade its earphones to the second generation this year. These new AirPods are said to be installed with an upgraded chip which would help the users to call for Siri, by simply saying 'Hey Siri' . This is the same feature which exists in the iPhone, iPad and the newly released smart speaker HomePod. To activate Siri, the user have to double tap the side of the AirPods. The AirPods first generation were priced at Rs 15,400 in India and was introduced with iPhone 7 and iPhone 7 Plus. The highly anticipated product came with features like it automatically turns on when they are put in the ear and automatically pauses when the user takes them out. The giants AirPod shipments were predicted to incre...

Alibaba Proposes to invest $500 Mn in Dailyhunt

24Feb By Sabhyata AgarwalNo Comments

FUNDING

Alibaba Proposes to invest $500 Mn in Dailyhunt

The multinational e-commerce giant Alibaba is planning to buy a minority stake of upto $500 million in Dailyhunt (formerly known as Newshunt), an online news providing platform said two people close to the development reported livemint. According to the duo, Alibaba has already offered a deal closing at $500 million to Dailyhunt but the news aggregator is looking for more investors, other than Alibaba. “The talks are, however, not yet conclusive as Dailyhunt is also looking for other funding options apart from Alibaba,” said one of the person aware of the matter, on the request of staying anonymous. The other person asking for the same quoted, “The deal will be a minority stake sale in which Alibaba is looking to acquire anywhere between 10% to 12%, depending upon the final negotiat...

Tech Mahindra to set up Centre of Excellence in Toronto; Invests C$100 Mn

23Feb By Sabhyata AgarwalNo Comments

BUSINESS

Tech Mahindra to set up Centre of Excellence in Toronto; Invests C$100 Mn

The Indian Multinational provider of IT, Tech Mahindra said that it would invest 100 million Canadian dollar over five years to set up a centre of excellence in artificial intelligence (AI) and block-chain. The news comes in light when the Prime Minister of Canada Justin Trudeau is visiting India with his family to promote enhanced bilateral collaboration between India and Canada. The company said that the investment is planned to focus on emerging technologies that are making innovations in industries. It further will serve to smart cities projects and fintech companies. Previously, Tech Mahindra had invested in startups working under the domain of automation, internet-of-things and artificial intelligence. The centre of excellence which will be set up in Toronto, would develop b...

Twitter Removes 2 lac Followers From Amitabh Bachchan’s Account

23Feb By Sabhyata AgarwalNo Comments

News

Twitter Removes 2 lac Followers From Amitabh Bachchan’s Account

On what is termed to as Twitter's bot crackdown by the outer world, many account holders including Amitabh Bachchan lost thousands of followers overnight. Twitter that is reviewing its services and making changes on the platform for a safer online social experience got into an argument with the users as many of them lost considerable number of followers in a night. One of them was Senior Bachchan who tweeted about the matter last evening. T 2623 - अरे Twitter भाई साहेब , या बहनजी ( पता नहीं ना इनका gender क्या है , इस लिए दोनों को संभोधित किया ), हम कुछ छाप रहे हैं , और आप उसको छपने ही नहीं दे रहे हैं ! अमाँ , 200,000 follower एक ही दिन में काट दिया आपने .. अब इसे तो मत काटो यार !! अब इतना भी ज़ुल्म न करो ? pic.twitter.com/D1F4xYiUyq — Amitabh Bachchan (@SrBachchan) Februa...

Home Rental Startup CoLive Raises $1.8 Mn From SAR Group And Others

23Feb By Sabhyata AgarwalNo Comments

FUNDING

Home Rental Startup CoLive Raises $1.8 Mn From SAR Group And Others

A shared living start-up CoLive has raised Rs 12 Crore ($1.8 million) in a recent round of funding led by Ncubate Capital Partners which is a Venture capital arm of SAR Group. The company has decided to utilise the funds in expanding its services, strengthening the technology infrastructure and enhancing the talent pool according to the reports. It is hoping to increase its operating area to 25 cities and already provides services in 75 properties in Bangalore, with 3000 beds in its inventory. CoLive, which is owned by CoLife Advisory Pvt. Ltd, is a Bangalore based startup that was founded in 2016. It provides branded and well serviced home near to educational institutions and prominent business areas and also supports the idea of shared rental living. The spaces provided by the comp...

Facebook to combine AR, VR and News Feed with 3D Posts

22Feb By Sabhyata AgarwalNo Comments

Tech

Facebook to combine AR, VR and News Feed with 3D Posts

Facebook users should gear up for some stimulating news. The Facebook Inc.’s Andrew Bosworth, head of virtual and augmented reality products and hardware, announced that the social media company will make its "biggest AR/VR news" to date at the upcoming Facebook Developer (F8) Conference in May. Under 70 days to go until our biggest F8 to date -- where we'll share the biggest AR/VR news from Facebook to date. https://t.co/hHXeEIdJaW — Emotional Support Boz (@boztank) February 21, 2018 Facebook has been consistent in coming up with new features such as 360 photos, Live videos and GIFs which have helped them in keeping the users mainly the youth interested, and now it is polishing its standard to a new level. Last year, in October Facebook debuted with posts of 3D M...

Home Rental Startup Fastfox Raises Rs 10 crore From Lightspeed Ventures And Others

22Feb By Sabhyata AgarwalNo Comments

FUNDING

Home Rental Startup Fastfox Raises Rs 10 crore From Lightspeed Ventures And Others

A home rental technology company FastFox has raised Rs 10 crore in Series A1 round led by Lightspeed, Blume Ventures and others. One of the co-founders of the startup Pallav Pandey also contributed Rs 1.93 crore in the current round. Founded by Pallav Pandey and Mukul Bhati in November 2014, the online-to-offline firm raised Rs 30 crore form Lightspeed India Partners, Blume Ventures, CyberAgent Ventures, GrowX Ventures, and IMJ Investment Partners in its Series A financing in April 2016. In 2015, it raised Rs 6 crore alone from Lightspeed Ventures as part of its seed funding. The startup which claims to have more than 2500 flats that are available for rent in Gurugram works by forming a partnership with offline brokers to list residential properties online for rental purposes. ...

Silicon Valley based Bessemer Venture plans to invest upto $50 Million in India in 2018

22Feb By Sabhyata AgarwalNo Comments

FUNDING

Silicon Valley based Bessemer Venture plans to invest upto $50 Million in India in 2018

The Silicon Valley based Bessemer Venture Partners who already invests in some of the companies in India, is planning to invest another $40 to $50 million in the country this year. The company that is best known for its investment in companies such as professional social network LinkedIn and restaurant directory player Yelp, is looking for opportunities in the growing healthcare and financial technology. "We are more selective than spray and pray. Investing pace in India is business as usual. In the last 18 months we have backed five new companies." says Vishal Gupta who manages the firm's operation in India. Silicon Valley has previously invested $700 million in 47 portfolio companies over the last decade in India. The venture capital firm is all prepped up energy with Anant V...

Key Highlights: UP Investors Summit 2018 Day One

21Feb By Sabhyata AgarwalNo Comments

News

Key Highlights: UP Investors Summit 2018 Day One

As Lucknow welcomes the heads of states and governments, ministers, leaders from the corporate world, heads of international institutions for the UP Investors Summit 2018, the event is said to be attended by at least 18 Union ministers and 100 speakers. The event organised by the Chief Minister Yogi Adityanath of 'Nawabo ka Sheher' Lucknow was aimed at promoting business and investment opportunities in the state. #UPInvestorsSummit के उद्घाटन सत्र में प्रतिभाग करने रिलायंस इंडस्ट्रीज के चैयरमेन श्री मुकेश अंबानी, अडानी समूह के चैयरमेन श्री गौतम अडानी, महिंद्रा ग्रुप के चैयरमेन श्री आनंद महिंद्रा, बिड़ला समूह के चैयरमेन श्री कुमार मंगलम बिड़ला व जी समूह के चैयरमेन श्री सुभाष चंद्रा पहुंचे। pic.twitter.com/6mISvxnDQW — CM Office, GoUP (@CMOfficeUP) February 21, 2018 ...

Top 5 Announcements Made By Mukesh Ambani At UP Investors Summit 2018

21Feb By Sabhyata AgarwalNo Comments

INDIA

Top 5 Announcements Made By Mukesh Ambani At UP Investors Summit 2018

The ongoing UP Investors Summit 2018 at Indira Gandhi Pratisthan, Lucknow witnessed the assembly of Top Ministers, Industry leaders and distinguished dignitaries from all around the world. The event that is aimed at showcasing investment opportunities and potential across various sectors in Uttar Pradesh started with the address of Mukesh Ambani, the Chairman and Managing Director of Reliance Industries. Mukesh Ambani, who was delighted to be a part of such an event, thanked the Chief Minister of Uttar Pradesh for inviting him and talked about the vision of Prime Minister to make Uttar Pradesh, Uttam Pradesh. He said he will be happy to join hands with the Prime Minister and the government to convert the fifth largest state of the country into a prosperous state. He embraces the P...

E-commerce Platform Udaan Raises $500 Mn from Lightspeed India And More.

21Feb By Sabhyata AgarwalNo Comments

FUNDING

E-commerce Platform Udaan Raises $500 Mn from Lightspeed India And More.

The business-to-business electronic commerce platform Udaan has raised $500 million in a Series B round of funding from Lightspeed Venture Partners, Lightspeed India and DST Global founder Yuri Milner’s personal investment vehicle Apoletto. It also involved Ravi Mhatre from Lightspeed Venture Partners and Bejul Somaia from Lightspeed India also took part in the transaction. This funding is recognised to be one of the biggest funding rounds at an early stage in the Indian startup ecosystem. The company is going to use the current funding's to hire more engineers and sales executives, expand its logistics network, to add new sellers and buyers and to introduce new services. “B2B ecommerce is a big market opportunity with 500 million SMEs doing annual trade worth of $600-800 billion. In...