One of the largest tractor makers and commercial vehicle players in India, Mahindra Group has already started using the Internet-of-Things (IoT) project for placing sensors in its tractors and trucks for predicting possible breakdowns. According to the Strategy Head at the Group, Anish Shah, there will be sensors in tractors and trucks to predict failures of […]
With an eye on key emerging markets like India, leading Italian mobile services provider, Ubiquity, today announced that it has acquired a 51% majority stake in Solutions Infini, a Bengaluru-based enterprise communication and cloud telephony services startup. This strategic acquisition will broaden Ubiquity’s offerings and business solutions, including the addition of an innovative voice services […]
India has become an “action zone” for Chinese investors like e-commerce giant Alibaba as its market attracted second highest Chinese funding in IT products next to the US, state media reported today. Citing the fast growth of Indias e-commerce website Paytm which provides services to 130 million people in India, a write-up in state-run China Daily […]
Consumers will now be able to book a ride on Ola and Uber directly from Google Search. Earlier this year, Google had introduced the feature on Google Maps, where a dedicated tab with information for cab services was made available to Indian users, in addition to the existing driving, public transport, or walking options. “Now […]
Bengaluru Based Binge, an Indian fintech app which aggregates mobile wallets for restaurant bill payments, has been acquired by California-based direct marketing company vMobo. The amount of the acquisition was for $3.5 million. Binge’s technology was integrated with the larger entity in June, while the legalities of the merger were completed this month. The acquisition, […]
Rooter, the world’s first social platform that connects sports fans and engages them during live sporting events, has announced the successful completion of a part of its angel investment round. Enabled by Kwan Entertainment Pvt. Ltd, the round was led by renowned Bollywood star Boman Irani and saw participation from Dhruv Chitgopekar and Prantik Dasgupta. […]
Paytm has introduced another innovative feature which would enable more people to shop around cashless. Now pay online to big mega stores, in malls or the cab driver or may be the vegetable vendor in your neighborhood by Paytm QR code. The QR code or the Quick Response code is a machine readable bar code that stores […]
Hong Kong – Good Parents Inc., a one-year-old startup focused on children’s health and wellness, today announced a $2 million seed investment round. The latest seed round was led by senior partners at Jungle Ventures with participation from Fireside Ventures, Bio Sensors International, Gaja Ventures and several marquee angel investors across Asia and the U.S. […]
ShoeKonnect is a B2B commerce mobile application designed specifically to cater to the needs of the footwear industry. It has raised an undisclosed amount of angel funding from Indian Angel Network. The round of investment was led by Sahil Kejriwal on behalf of IAN. He will be joining the company board to monitor the team. Siddharth Vij, CEO […]
IndianMoney.com, India’s largest financial education company promoted by Suvision Holdings Pvt Ltd has raised fresh round of funding from media conglomerate Bennett, Coleman & Co Ltd (BCCL). Commenting on the investment Mr. C S Sudheer, Founder & CEO of IndianMoney.com quoted, “Investment of BCCL is catalytic to make inroads into the unchartered territory. It strengthens […]
Get My Parking (GMP), a Chennai Angels funded venture started by IIT Madras and FMS Delhi alumni which has digitized the parking industry launches On-street Smart Parking. Despite the industry inertia they have revolutionized the parking industry. With 50,000 parking spots in Delhi and appreciation by honorable PM Narendra Modi for their work in Kumbh […]
MobiKwik, an Indian mobile payments network and mobile wallet announced that it has launched UPI on its platform. MobiKwik users can now load their wallet with e-cash using UPI. The company already has options of netbanking, credit & debit card and the exclusive cash pick up & cash deposit service for wallet loading. Speaking on […]