A Bengaluru-based computer programmer has received USD 15,000 (around Rs 10 lakh) from social networking giant Facebook as a reward, for reporting a bug through which he was able to hack into any Facebook account using relatively simple software. Anand Prakash, a product security engineer at Flipkart, wrote in a blog post on February 22 […]
“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 […]
Eduardo Saverin, co-founder of Facebook has invested $13 million (around Rs. 90 crore) in Hopscotch, a Mumbai-based online retailer in a Series C round. Hopscotch is an E-commerce service, focusing on Kids Fashion Wear. Hopscotch is the same company that secured $11 Million funding last year in a Series B round led by Saverin’s Velos […]
Top industrialist Ratan Tata has invested an undisclosed amount in home rental company NestAway Technologies, a statement said. This is Tata’s eighth personal investment in a startup in 2016 so far. He has invested in over 20 startups. NestAway turns unbranded, unfurnished houses into fully furnished and managed apartments and provides them at affordable prices […]
To support, Make in India initiative, India’s first smart electric scooter Ather debut the first model Ather S340. IIT-Chennai batchmates Tarun Mehta and Swapnil Jain founded Bangalore-based Ather Energy in 2013. Ather (derived from the Greek word ‘aether’ for the purest form of air breathed by the gods) is a company that manufactures electric scooters […]
BENGALURU: Founded in 2013 by Neha Singh (ex-Sequoia Capital) and Abhishek Goyal (ex-Accel Partners), Tracxn a startup research platform has raised a new round of angel funding from Nandan Nilekani, Mohandas Pai, Neeraj Arora and Junglee Cofounder Anand Rajaraman. Tracxn had earlier raised funding from Ratan Tata, Flipkart’s Sachin and Binny Bansal and Delhivery cofounder […]
Tiger Global another investment in India and, this time, they invested $10 million (Rs.65.6 crore) in India’s popular online video content creator The Viral Fever (TVF) also known as Qtiyapa. As per the report, Tiger Global has picked up close to 25% stake in the firm valuing it at around Rs.270 crore. The Viral Fever […]
MUMBAI: As per the report, Amazon India Losses in business goes up to Rs 1,724 crore in the year ended March 2015. The reason of such a huge loss occurred because of Amazon‘s expenses was due to higher advertising, sales and promotion costs of almost Rs 1,405 crore, almost equivalent to the combined marketing spends of Godrej Consumer, Dabur and […]
IndiaMart, a name heard by many, not only in India but all over the world. IndiaMART is an Indian online marketplace, serving since 1998 and based in Noida. The company have around 1.5 million suppliers listed on its website, with around 10 million buyers visiting the online platform every month. We recently met with the […]
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 […]
Every Indian entrepreneur asking this one question most when they met with their fellow entrepreneurs and Investors in events. When Flipkart and other companies will go for an IPO? Are they go to list their companies in India? The answer was partially disclosed yesterday, in the last session of Startup India “Show Me The Money: How […]
Few months back, I was watching a video called, “Ambani the investor”. In that video, a poor boy makes money and doubling the money using garbage and products. At that moment, I was inspired and wish that if I could see someone in real life like this boy. After a month, I received a mail […]