Snapdeal-owned digital payments platform FreeCharge has partnered with a payment gateway CCAvenue, giving its customers access to over 100,000 online merchants across sectors like hospitality, retail, and education. It will also help them access real-time, multi-currency online payment services, FreeCharge said in a statement on Monday. “We want to make FreeCharge wallet ubiquitous in both […]
“A friend shared her experience that happened to her on a late Saturday night, she was walking down the streets of Hyderabad because she couldn’t find a cab back home. She was complaining she has fished through all the apps for a long time, but was disappointed. It was high time to introduce a service […]
A month later, Mukesh Bansal and Ankit Nagori resignation India’s largest e-commerce firm Flipkart shuts it’s groceries delivery app, Nearby. The company Nearby was five months old. Paytm, operated by One97 Communications Ltd, also closed its grocery service in June because of poor demand. The Nearby app was launched as an experiment by Flipkart in […]
New Delhi: A surprise move by China’s Alibaba Group to came into the support of India’s Biggest Ecom company Flipkart. As per the news report Alibaba is looking to invest in Flipkart. It has already backed Paytm and Snapdeal. Alibaba this move is to help Indian E-commerce company and eliminate US-backed Ecom companies like Amazon. There […]
Singapore: Ratan Tata, who stepped down as the chairman of the $100 billion Tata Group in 2012, is taking a stake in an online start-up that sells premium teas, the latest example of the Indian businessman becoming an active venture capitalist in his retirement. Tata is putting an undisclosed amount of money into Teabox, an […]
NEW DELHI- Hundreds of startups, including bigger players like Zomato, Cleartrip, Paytm and their employees, have approached Prime Minister Narendra Modi to defend net neutrality, which they define it as access to content on the internet without any discrimination. “We urge you to ensure that the recently announced initiative, Start-Up India, addresses the concern of […]
CashKaro.com, India’s largest Cashback & Coupons Site has raised an undisclosed amount from Ratan Tata, the Chairman Emeritus of Tata Sons. Tata has made the investment in his personal capacity. The funding comes just two months after the Gurgaon-based startup raised Rs 25 crores in its Series A funding led by Kalaari Capital, one of […]
Reuters: India has become a battleground over the right to unrestricted Internet access, with local tech start-ups joining the front line against Facebook Inc founder Mark Zuckerberg and his plan to roll out free Internet to the country’s masses. The Indian government has ordered Facebook’s Free Basics plan to be put on hold while it […]
Bengaluru: Ride-hailing service Uber Technologies Inc. has temporarily suspended offering autorickshaw rides on it platform, called uberAUTO, in Delhi, amid plans to revamp and expand the service to more Indian cities. “We are temporarily removing this product to solve specific problems that need to be resolved to help it scale,” a spokeswoman for Uber said […]
Fitness tracker startup GOQii has raised Series A funding worth $13.2 million (Rs 88 crore) led by New Enterprise Associates and Cheetah Mobile, with participation from Great Wall Club, DSG Consumer Partners, Ilkka Paananen (CEO and co-founder of Supercell) and Pravin Gandhi (co-founder of Seedfund) reports Mint. GOQii will use the funds to expand […]
Music streaming service Saavn, which recently raised a $100-million round of funding, has roped in former Vodafone global CEO Arun Sarin as an investor and strategic advisor.
Saras Agarwal’s main agenda at a networking event early this year was to meet Zishaan Hayath, cofounder and chief executive of education technology startup Toppr. The associate vice-president at VenturEast, among India’s oldest venture capital firms, wasn’t looking to invest in Toppr but discuss startups Hayath had put his money into. “It was a general […]