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Airtel Acquihire Logistics Startup Quikmile

25Nov By AdityaNo Comments

ACQUISITION

Airtel Acquihire Logistics Startup Quikmile

Telecom company Bharti Airtel acquihire Gurgaon based Quikmile, a startup focused on building tech-enabled logistics platforms for India. The company did not disclose the size of the 'acquihire' deal, which typically entails the acquisition of people or teams. "Quikmile's team will now be a part of Airtel X Labs Airtel's digital innovation factory, which focuses on IoT, Digital Engineering, Artificial Intelligence, and Machine Learning," Airtel said in a statement. Airtel X Labs team comprises of professionals from India and abroad, the statement said, adding that it is building advanced digital capabilities to serve the emerging needs of Digital India and is rapidly scaling up its teams and scope of work. Quikmile, which started operations in 2018, aims to harness the power of...

Yahoo Japan and Line Corp Announced Merger

18Nov By AdityaNo Comments

BUSINESS

Yahoo Japan and Line Corp Announced Merger

Online services Yahoo Japan and Line Corp. have announced they are merging. Z Holdings Corp., which owns SoftBank Corp. that operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line, said Monday they are aiming for a final agreement by next month. The combination in a joint venture through a tender offer will form an online giant with retail services, advertising and other mobile services such as messaging. The combined sales would be the largest among Japanese online business operators, surpassing Rakuten Inc.. The companies said combining forces will allow them to stay competitive in a drastically changing market, including expansions into robotics and other new areas. The integration will be carried out equally, according to the companies,...

Delhi Based OneLoyalCard Acqui-hires Restaurant Deals Startup Pocketin

1Feb By AdityaNo Comments

ACQUISITION

Delhi Based OneLoyalCard Acqui-hires Restaurant Deals Startup Pocketin

OneLoyalCard.com, a Delhi based restaurant reservation & deals platform has acqui-hired Pocketin, a year old startup which was also operating in the same space. Pocketin’s entire team along with its founders will join OneLoyalCard at their office. This move will help strengthen OneLoyalCard’s technology and quicken its expansion plans across major markets in India. Arpit Aggarwal, Vaibhav Garg and Sahil Mendiratta, all Chartered Accountants and 2nd-Generation entrepreneurs, started OneLoyalCard in July 2015 with a vision to enhance diners’ experience and to provide a comprehensive marketing solution to the restaurants. Currently, OneLoyalCard provides 2,000+ deals at over 500+ restaurants in Delhi, Gurgaon, Noida & Faridabad. Customers can use OneLoyalCard’s website or app to...

Knowlarity Acquihires Customer Engagement Platform Smartwards

10May By AnkitaNo Comments

ACQUISITION

Knowlarity Acquihires Customer Engagement Platform Smartwards

Gurgaon-based Knowlarity Communications, a cloud telephony company has acquihire Delhi-based Customer Engagement platform, Smartwards for an undisclosed amount. After the acquisition, Co-Founders of the acquired startup, Shantanu Mathur and Dhanraj Singh Bisht will join Knowlarity and head its India operations. Also, as part of this acquisition, Knowlarity will now integrate Smartwards solution to its product to provide enterprise solutions to SMBs in and outside India. "We are focused now on large enterprise clients and have pulled back from serving small and medium businesses. We are excited about building artificial intelligence into products and voice as a segment and hybrid cloud telephony on premise," said Ambarish Gupta, founder of Knowlarity. Mathur, who was the CEO of e-comme...