Thousands of daily shoppers at premier shopping destination of the capital city, Select Citywalk will now be able to make cashless transactions for parking, meals at food court, movie tickets and flea market using their Paytm wallets. Select Citywalk has become the country’s first mall to adopt mobile payments with this partnership with Paytm, India’s […]
With the world going digital and everything on our fingertips, our mobile phones have become quite an integral part in our daily lives! Eventually most of our daily domestic as well as office-work are now done via mobile-phones. Hence nowadays the fear of losing our phones is much more than that of our wallets! Our […]
Aramex, a leading global provider of comprehensive logistics and transportation solutions has recently invested in last mile mobile-based companies Grab.in and Logisure to strengthen its last-mile delivery service in the category of e-commerce in India. The company has committed to invest Rs 20 crore in Zomato backed last-mile delivery company Grab a Grub, which does on-demand hyperlocal deliveries as well as first […]
Just about 3.1 per cent of mobile app users in India spend money on in-app purchases compared to 5.2 per cent globally, according to a new report. However, Indian users spend almost as much as global average for in-app buys. “Only 5.2 per cent of users spend money on in-app purchases globally and in India […]
With mobile phones contributing 40 per cent of all e-commerce sales in India in 2015, startups in m-commerce, video streaming, gaming and m-payment segments attracted USD 8,053 million worth of funding through 394 early stage deals in the last five years, a report said. The highlights of the Annual Indian Mobile Ecosystem Report, by News […]
China has tightened rules for mobile app developers including requiring real-name registration and preserving users’ activity logs, the country’s internet regulator said on Tuesday, as Beijing looks to strengthen oversight of the growing app market. The Cyberspace Administration of China (CAC) said in a statement that mobile app providers would need to fulfill six requirements […]
In a report, Us based FTC ordered InMobi, SoftBank-backed Indian mobile advertising firm to pay $950,000 civil penalties for tracking locations of “hundreds of millions of consumers – including children – without their knowledge or consent” to serve their geo-targeted advertising. InMobi is subject to a $4 million penalty but the agency suspended the fine […]
Indian telecom operators are expected to rake in Rs 95,500 crore in revenues from mobile data services over the next five years, says a report by ICRA. Mobile data revenues are expected to grow at a compounded annual growth rate (CAGR) of 21 per cent by financial year 2021 and are expected to contribute 34 […]
Nokia has signed a 1.36 billion euro ($1.5 bln) one-year framework deal with China Mobile, the Finnish company said on Monday, easing fears that it would lose market share while it merges operations with Alcatel-Lucent. Shares in the company were up 0.2 percent as of 1120 GMT versus a Helsinki bourse down 1.42 percent. Nokia’s […]
TVS Automobile Solutions, a part of the Chennai-based TVS Group, today said it has made substantial investments in three startups as part of its digital initiatives to provide business solutions to vehicle and component manufacturers. The company, which has so far invested Rs 75 crore in various technology startups expects the new businesses to generate […]
Ola, one of India’s most popular mobile app for transportation, on Friday announced the launch of a first of its kind mobile technology solution with its new ‘Ola Operator’ app – built for entrepreneurs who have grown from one car to many on the Ola platform over the years, as well as operators who own […]
Online automobile marketplace Droom today said it has raised an undisclosed amount from BEENEXT, Digital Garage and other existing investors to expand its presence in the South East Asian countries like Indonesia. However, according to sources, Droom has raised nearly Rs 200 crore in this round of funding. The company will also use the proceeds […]