“If I were to anthropomorphize Siri, I would imagine that it would think of me somewhat like a father: someone who wants the best for them, who teaches them, who is occasionally demanding, annoying, or embarrassing, but who loves them and is proud when they do well.” A pioneer in Artificial Intelligence, Adam Cheyer has […]
Jabong, India’s one of the leading Fashion ecommerce company has raised additional funds by Global Fashion Group (GFG), so that it can stay afloat for one more year. “The board has agreed to put more than $20 million in Jabong,” a person who participated in the meeting held in Luxembourg told ET.GFG was founded in […]
25 February 2016, Bangalore: Unitus Seed Fund, India’s leading seed-stage impact investor, released its annual fund and portfolio impact report. Since 2013, the fund has made a total of 23 investments across sectors including Education, Healthcare, Financial Technology, Agriculture, Retail and Ecommerce, Mobile and Consumer. Their new impact report shows doubling of the total portfolio reach, touching […]
Indian online travel venture Ibibo Group today announced that Naspers will invest USD 250m in the group, which will focus extending ibibo’s leadership position in the Indian hotels category and on additional technology innovations. Ibibo processed more than 6.5m transactions for the period October to December (Q3) 2015. It is the largest online travel company […]
Ankur Singla, was working with a corporate law firm in London when he quit in 2009 to startup. When he came back to India he had a problem with his phone company overcharging him for the internet services, and he realized how difficult consumer complaint readdress in India really is. And he started up Akosha […]
Bengaluru-based Coworking Space BHIVE WORKSPACE has raised an undisclosed angel round of funding from investors including Raghunandan of TaxiForSure, Arihant Patni of Hive Technologies, Rajesh Rai (Venture Capitalist & Co-Founder, Venturesity), Arun Narayan from UK India Business Council, Sanjay Mirchandani (Owner, Mirchandani Group) and others. BHIVE started out as a provider of accessible and quality […]
As per the report, Snapdeal one of India’s biggest e-commerce company has decided not to renew Bollywood star Aamir Khan’s contract as brand ambassador of the ecommerce company. The one-year endorsement deal ends later this month. Snapdeal may not replace Khan with another celebrity as it looks to rationalise ad expenditure and focus instead on […]
I recently caught up with SnapBizz co-founder, Yash Prakash to hear his amazing story of transitioning an idea originating in a corporation to a thriving startup. Act 1: The promising beginning When Qualcomm started its VentureFest intrapreneurship program back in 2006 (now called ImpaQt), it unlocked the floodgates of leadership, creativity, and innovation from […]
Top industrialist Ratan Tata has invested in baby care eCommerce platform FirstCry, continuing the slew of investments he has made in various startups globally. The Chairman Emeritus of Tata Sons and Senior Advisor to IDG Ventures India, has invested an undisclosed amount in his personal capacity into Brainbees Solutions, which owns the FirstCry.com brand, the […]
New Delhi, January 05, 2016: The Internet and Mobile Association of India (IAMAI) has named Kunal Shah, Co-founder & Chief Executive Officer, FreeCharge as the new Chairman of IAMAI. The move was necessitated following Nishant Rao’s move to join Freshdesk as the global Chief Operating Officer, from Linkedin. The Association has also announced Vishwas Patel, […]
Rahul Yadav, the ousted co-founder of Housing.com, is back with his new startup and he is funded by the biggest names in the Indian internet industry—Bansals of Flipkart. Yadav’s new startup – Intelligent Interfaces – is about helping various government departments use internet and technology tools to save cost and expedite service delivery. “We will […]
In the wake of an unprecedented surge in e-commerce, shopping malls already under huge pressure due to large vacant spaces are expected to see a sharp decline in the footfalls could be to the extent of 55.58 per cent during the ongoing festive season this year, reveals an ASSOCHAM recent survey. According to the just […]