Amazon.com has acquire EMVANTAGE Payments Pvt Ltd, a Noida-based online payment solutions provider for an undisclosed amount. Srinivas Rao, director of Amazon Payments India said in a press release “EMVANTAGE is a valuable addition to our team as we accelerate our payment offerings, ensuring the best in class online payment experience anywhere that customers shop with us,” […]
16th February, 2016. Bangalore, India: Unitus Seed Fund, India’s most active seed fund supporting startups innovating for the masses, today announced an investment in BetterPlace Safety Solutions, a Bangalore-based digital background verification solution provider aiming to create “A Better Place For A Billion+ Indian Citizens By SAFE Powering Them”. Founded in 2015 by Uday Singh, […]
As per the report of NDTV, local smartphone manufacturer Ringing Bells will launch an affordable smartphone called the Freedom 251 on Wednesday. The Freedom 251, will be known as India’s cheapest smartphone and likely the most affordable smartphone in the world as per the price tag below Rs. 500 (approximately $7). Ringing Bells says that […]
So the results of Free Basics Failure has taken the first bite and it’s none other than the first employee of facebook in India and Head of Facebook India, Krithiga Reddy. Krithiga Readdy mentioned this news on her facebook post – When my family relocated to India, we knew that we would move back to […]
In February 2010, a fresh-faced engineering graduate cold-called India’s hottest e-commerce startup at the New Delhi World Book Fair. Ankit Nagori had heard of Flipkart, a Bengaluru-based startup that had broken new ground by selling books online ever since it acquired its first customer in October 2007. Compared to the heavyweight brick-and-mortar booksellers and publishing […]
Ricult is an endeavor by a US-based start-up founded by 4 MIT and 1 Harvard graduates. They help smallholder farmers (< 10 acres holding) reduce information asymmetry and work their way out of poverty to become more impactful economic actors. At the heart of their concept is a virtual marketplace which allows farmers to procure […]
All Indians have faced situations where we need urgent services for our homes, be it an electrician, a plumber, someone to look under the hood of the car or just clean our carpets. Usually, the process is tedious where we ask our acquaintances for references or go to the Yellow pages or Google it and […]
The Independent Reports that WhatsApp has reportedly been the target of a new scam which deceives users into disclosing personal information. In the scam, the links appear to come from your friend but instead lead you to a discount page which then asks for your personal details. Unassuming users are then led to a fake […]
ProcMart which (made from PROCurement Market) was envisioned on the foundation of making B2B transactions or procurement smoother, reliable, and most importantly faster. It was started by Anish Popli, Pratik Potnis and Saheel Joshi in Pune to solve the problem of procurement and sourcing. Their team is a group of diverse people who have come […]
Sequoia Capital, Silicon Valley’s top-tier VC fund closed fresh $920 million fund. Funds will largely invests in Indian startups. The fresh funds takes Sequoia’s total investment assets to more than $3 billion in India. This is the biggest raise by any VC fund for India-specific investments, cementing Sequoia’s leadership position in the domestic early-to-growth stage investing […]
MOUNTAIN VIEW, Calif. – Alphabet Inc. announced financial results for the quarter and fiscal year ended December 31, 2015. Alphabet easily beat Wall Street’s quarterly profit forecasts on Monday, helped by strong mobile advertising sales, sending the shares of Google’s parent higher in after-hours trading to surpass Apple Inc as the most valuable U.S. company. […]
Hyderabad based IT services firm Cambridge Technology has invested Rs 8 crore ($1.3 million) in US-based automated photo-sharing platform PhotoKarma. Idealab, Bessemer and New York Angels are also participated in this investment round. Before this investment Cambridge Tech has also invested in MyCrowd, a crowd-testing platform for website and mobile applications. The investments is aim […]