Indian restaurant search and food delivery service Zomato, one of only a handful of Indian start-ups to succeed abroad, said on Monday. It had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks $200 million in funding, […]
Let’s face it, we’ve all been wondering why so many rich, successful, powerful people are cheating, lying, disgraces. Is it that only unethical people make it to the top? At least one study indicates that this is not the case-it’s that winning itself makes people behave unethically. The Proceedings of the National Academy of Sciences […]
BENGALURU: Truebil, an online market for buying and selling second-hand cars, has raised Rs 35 crore Series-A funding from venture capital investors Kalaari Capital, Inventus Capital and San Francisco-based Tekton Ventures. The rounds also participation from existing investor, Kae Capital. The Mumbai-based startup, whose founders include former Housing employees, is focused on peer-to-peer sales of […]
Uber Technologies Inc said on Monday its China unit will get an undisclosed amount of investment from Chinese firm HNA Group as part of a partnership of the U.S. ride-hailing firm with the aviation and shipping conglomerate. The partnership, which marks Uber’s ambitions to break into China’s huge tourism industry, includes an array of transportation […]
“I feel I am in my teens, and Paytm is my infatuation.”, said Vijay Shekhar Verma while he was shown in trailer made by MindBatteries. Mindbatteries is a video content creating company started a entrepreneur series called Startupreneur Series. According to Simar, Head of Mindbatteries “Our planning is to create interview of startup founders video series […]
Reuters: Twitter Inc is building a new feature that will allow users to post tweets as long as 10,000 characters, well beyond its current 140-character limit, technology news website Re/code reported on Tuesday. An expansion of the limit to 10,000 characters would allow a tweet of more than 1,000 words with spaces between words and punctuation. […]
Taxi-hailing app Uber on Monday announced a new start-up mentorship programme in the country in partnership with Invest India called ‘uberEXCHANGE’. Over the next years, Uber will host a series of six leadership talks by senior Uber executives, including from their headquarters in San Francisco, the company said in a statement. The programme will address […]
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 […]
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 […]
BlackBuck, a business-to-business logistics startup, has raised $25 million in Series B funding from Tiger Global and other investors. Russian billionaire investor Yuri Milner’s Apoletto fund and existing investors Accel Partners and Flipkart also put money in this round, BlackBuck said in a statement. The startup, owned by Zinka Logistics Solutions Pvt Ltd, would use the […]
Taxi aggregator Ola today said it has appointed former Infosys Chief Financial Officer Rajiv Bansal to head finance operations as part of its expansion drive in the country. Bansal, who announced his resignation from the country’s second largest software services firm in October this year, will join the Softbank-backed Ola in January 2016. “Rajiv […]
Video game maker Activision Blizzard will buy “Candy Crush Saga” creator King Digital Entertainment for $5.9 billion, as the heavyweight of console and PC-gaming makes a major push into the faster-growing mobile market. The deal is one of the biggest in the industry in recent years, more than twice the size of Microsoft Inc’s $2.5 […]