E-commerce major Flipkart, after facilitating loans worth Rs 125 crore for sellers on its platform in last one year, is looking to help merchants avail credit facility of over Rs 75 crore in the next few months. The Bengaluru-based firm, which has partnered eight financial institutions including Axis Bank, Bajaj Finserv, NeoGrowth, Lendingkart and Capital […]
Company: Bidsopt About: Bidsopt is a Mobile Demand Side Platform (DSP) connecting mobile advertisers and users in real time. Started: October, 2014 Co-founders: Jomith George, Kevin Eugene, Manimaran Babu, Venkatesh Rajagopal Article is For: Company, Startups and Mobile advertisers Recently, we came across a news about two Indian brothers sold their ad tech business in […]
USA based GoDaddy Inc , which operates the worlds largest domain name aftermarket, today announced the launch of its first mobile app for domain investors in India. The GoDaddy Investor app, launching on iOS and Android, will allow investors to watch and bid on domains at auction and stay on top of their current bids […]
Industry leading payment service provider PayUbiz has announced the launch of its device fingerprinting technology. The technology is aimed at countering the long-existing malpractices in the realm of e-commerce loyalty program for customers. This technology captures distinctive details of a user’s Internet connecting device like computer, mobile phone and tablet. Confirming its unbending stance on […]
Media.net, a key player in the ad-tech space got acquired by Beijing-based Miteno in an all-cash transaction valued at approximately $900M USD. Mitneo is led by Mr. Zhiyong Zhang, the chairman of Beijing Miteno Communication Technology Co. Ltd., a technology, media and telecom (TMT) business listed on the GEM Board of the Shenzhen Stock Exchange. […]
Razorpay, an online payments platform, today, announced the launch of “Flash Checkout”, which will cut down transaction times by 60% when the card is saved with Razorpay, further simplifying online payments. In our constant endeavor to simplify transactions, this feature will help customers close a transaction quicker and bring these benefits to the entire gamut […]
Amul Managing Director R S Sodhi has been appointed as independent director on the board of India Post Payment Banks (IPPB) — the payments bank arm of postal department. “GCMMF Managing Director R S Sodhi has been appointed independent director on the board of IPPB,” an official source said. Gujarat Cooperative Milk Marketing Federation (GCMMF) […]
Sunil Bharti Mittal has been re-appointed as the Chairman of telecom giant Bharti Airtel for another five year, with effect from October 1, 2016. “Sunil Bharti Mittal has been re-appointed as the Chairman of the company for further term of five years with effect from October 1, 2016,” the company said in a BSE filing, […]
Chinas e-commerce giant Alibaba has recorded a revenue growth of 59 per cent amounting to USD 4.85 billion in the first fiscal quarter ending June, the fastest since its Initial Public Offerings. The revenue of 32.15 billion yuan (USD 4.85 billion) topped market estimates, pushing Alibabas share price up by 5 per cent to about […]
Boomtrain, a marketing platform that uses artificial intelligence (AI) to drive relevant interactions with users at every touchpoint, today announced it has signed a definitive agreement to acquire partner, India-based Nudgespot. Nudgespot has built a best-in-class messaging platform that will integrate into Boomtrain’s technology to deliver a seamless experience for businesses to communicate with customers […]
Indian homes are estimated to have over Rs 78,300 crore worth of used goods like clothing, utensils and books, a study by used goods marketplace OLX said today. According to the third edition of Consumer Research on Used Goods and Selling Trends (CRUST) Survey 2015-16, the estimated market for used goods was about Rs 56,200 […]
San Francisco-based startup 8TV has raised USD 500,000 funding (about Rs 3.34 crore) from investors including Redcliffe Capital Managing Partner Dheeraj Jain, Google executive Tidhar Carmeli and angel investor Thomas Korte. The company, which offers short form video network for brands, is also supported by the US tech giant Amazon that has invested about USD […]