I remember sitting in a tacky cafe in Chennai. It was February 2014 and I was meeting Akshat, one of my brother’s best friends since he was in town for the day. With a glint of excitement in his eyes, he leaned forward and said “I’ve been reading about this organization in South Africa using […]
US-based cab service provider Uber is planning to come up with its own mobile payment wallet in India, according to sources. It is planning to apply to RBI for the licence. At present, consumers can pay for Uber trips via Paytm wallet. It recently tied up with Airtel Money to facilitate payments via the latter’s […]
ixigo, India’s leading mobile travel search marketplace has announced that it has completed the acquisition of Square Hoot Hikes Pvt Ltd, the parent company of Rutogo, an inter-city cabs aggregator, for an undisclosed amount. As part of the deal, the Rutogo team will be joining ixigo to scale its fast-growing cabs app by building a […]
Tuesday afternoon, I finish my lunch sharp at 1.48 PM as Bhuwan is scheduled to call at 2 o’clock. Bhuwan calls two minutes late and somehow I miss it. I check my phone anticipating the delay only to find his miss call. I call him back and he is having lunch. How unprofessional, I eat […]
New Delhi-based PML Solutions Pvt Ltd, which runs PickMyLaundry, a mobile platform that facilitates booking and delivery of laundry services, has raised $100,000 from Green House Ventures (GHV).
Taxi hailing app Ola said its wallet, which was earlier only used for paying for taxi rides can now be used on other platforms including budget hotel rooms aggregator Oyo Rooms, online spectacle retailer Lenskart, and music streaming service Saavan. The company expects to add more players from other retail categories. “We will be leveraging […]
A new research report released today identifies 35 Indian companies among the global cashback industry leaders. The report analyzes the growth of the industry, its important role in worldwide e-commerce, and the trends and challenges faced by this quickly growing industry. “We identified 35 Indian companies in this worldwide ranking of cashback industry leaders,” said […]
Cybiz BrightStar Restaurants, the master franchisee of US-based fast food chain Carl’s Jr in India has attracted funding, reportedly worth Rs. 4 Cr ($0.63 Mn) from Yuvraj Singh’s VC Fund YouWeCan Ventures. Yuvraj will also come on board as a brand ambassador for Carl’s Jr in India. The funds will be used for opening about […]
Ezetap, which had previously raised $ 8 million from Helion Venture Partners, The social +Cpaital Partnership and Berggruen Holdings and has led itself to procure INR 150 Cr in its latest round of funding from its existing investors along with new investors, Horizon Ventures and Capricorn Investment Group.
Media group NDTV Ltd that has been building up its digital commerce ventures said on Wednesday that it has attracted VC funding for its new e-commerce ventures in gadgets and car & bike at a combined valuation of close to $80 million (Rs 510 crore). It did not share further details on the funding amount […]
InMobi, the world’s most powerful advertising platform will power new mobile shopping experiences that enable discovery led commerce (d-commerce) for Indian consumers using its revolutionary, user-first discovery platform, Miip. India’s largest online store, Amazon.in, leading mobile wallet, Paytm and many apps have signed up with the Miip platform to help them reach more than 120 […]
Kolkata-headquartered gaming portal, foreseegame.com, expects its user base to increase to around 1.5 million (15 lakh) by the end of current fiscal 2015-16 from around 1.1 million (11 lakh) at present. foreseegame.com, one of the leading gaming portals of India, is successfully connecting renowned and celebrated brands with its daily users and is creating wonders […]