Sunday, May 19

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FreeCharge Founder Kunal Shah Rolls Out a New Venture Cred

Kunal Shah, the founder of digital payment company FreeCharge has rolled out his own new venture known as Cred which is a financial services platform targeting consumers with high creditworthiness. For the launch of this startup, the founder has already raised an amount of $25 million (about Rs 177 crore) in funding led by Sequoia Capital […]

Jakarta-based POS Provider Acquires Mumbai-based GetFocus

A point-of-sales (POS) provider Moka which is based in Jakarta has reportedly acquired a Mumbai-based contextual marketing company known as GetFocus. However, the amount of deal has not been disclosed yet. Following this acquisition, both these companies are looking forward to combining their synergies and interaction for the purpose of strengthening their technology capabilities and […]

One97 invests $8.95 Mn in Paytm Entertainment

One97 Communications, the parent company of Paytm has invested $8.95 Mn (approx Rs 61 Cr) into its wholly subsidiary Paytm Entertainment, as per by more than 50% as per company’s filings with Ministry of Corporate Affairs. Paytm Entertainment, the entertainment arm of Paytm deals in ticket booking for movies and other channels has increased its […]

Paytm Acquires Alibaba-Owned Ticketing Platform For $40 Mn

Paytm, the leading Indian online payments company announced the acquisition of Orbgen Technologies Pvt. Ltd., the firm that operates TicketNew, a ticketing platform based in Chennai. The cost of the deal has not been disclosed yet, but according to stock based transactions, the deal is estimated to have cost between $30-40 million. The deal will […]

College Event Ticketing Startup Raises $250,000 funding

TheCollegeFever (TCF), a college event ticket booking startup raised a seed funding worth $250,000 (Rs 1.7 crore) from Mumbai-based investment firm 11.2 Advisors. It is the first time that TheCollegeFever is raising funds from external resources and intends on using the capital for customer acquisition and improving technology, its founder Kushal Aralihalli said. The Bengaluru-based […]

Accel Partners Invests Rs 40 Crore in Online Logistics Startup

Accel Partners, a private equity investment firm has invested about Rs 40 crore in online freight logistics firm Cogoport. In a press release, the Cogoport said, “it has secured Series A funding round from Accel Partners, however, the company did not disclose the amount it has raised but according to our sources the amount is around […]

Micromax Invests in All-In-One App ‘One Labs’

Micromax invested in a consumer technology and AI based start-up ‘One Labs’ who manufactured a product ‘inOne’ allowing users to access apps across different categories including food, shopping, travel, deals, cabs, news, recharge, games, etc… ‘InOne’ is the star product of One Labs and presently regroups over 50 apps in a 10 mb program. Some […]

After TV & Newspaper, Now Advertise on Chai Ka Cup

While the best minds of this generation are thinking about how to make people click on ads, GingerCup is brewing ideas on a paper cup. The way people consume media has changed. Paper Cup Advertising is slowly but swiftly gaining momentum on the offline marketing forefront. Coffee cup advertising or paper cup advertising is a […]

Flipkart To Launch Its Loyalty Programme ‘Flipkart First’ To Take On Amazon Prime

India’s Ecommerce Unicorn Flipkart is planning to relaunch its loyalty programme to compete with Amazon Prime that has become a key differentiator for the American internet giant. The online retailer is in talks with online travel portal MakeMyTrip and event and tickets booking platform BookMyShow and cab aggregator Ola to provide its consumers more value-added services through […]