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Now You Can Book Tatkal Ticket Using Mobikwik Wallet

3Nov By AnkitaNo Comments

News

Now You Can Book Tatkal Ticket Using Mobikwik Wallet

Mobile payments network MobiKwik has partnered Indian Railway Catering and Tourism Corporation (IRCTC) to launch e-cash payments for tatkal bookings. "MobiKwik collaborated with Indian Railways to digitise payments on the IRCTC app and IRCTC FoodOnTrack app this year, and now we are powering payments for tatkal online that will help users book tickets almost instantly," MobiKwik Co-founder Upasana Taku said in a statement today. MobiKwik said instantaneous e-cash payments will help tatkal online in managing the load of over a thousand ticket bookings per minute. The service will also help users in ensuring that their bookings do not get rejected due to payment delays. On an average, over 15 percent daily ticket bookings for Indian Railways happen under tatkal, it said. The paym...

Alibaba Sales Soars, Revenue Beats Expectations With Strong E-commerce Growth

3Nov By AnkitaNo Comments

CHINA

Alibaba Sales Soars, Revenue Beats Expectations With Strong E-commerce Growth

Chinese e-commerce giant Alibaba's sales soared 55 percent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing, the company said today. The year-on-year growth in group sales, to 34.29 billion yuan (USD 5.14 billion), was not matched by net profit, which slide down 66 percent to 7.62 billion yuan (USD 1.14 billion). The drop was mostly due to an unfavourable comparison, as last year the firm booked an exceptional gain linked to the re-evaluation of its participation in one unit. "Alibaba Group had a great quarter," chief executive Daniel Zhang said in a statement on the firm's second quarter, which ended in September. "Our results reflect our increasing ability to monetise our 450 million mobile users through new and innovative social commerce ...

IRCTC Launched New App “IRCTC Connect” For Hassle Free Journey

30Oct By Press Trust of IndiaNo Comments

News

IRCTC Launched New App “IRCTC Connect” For Hassle Free Journey

To make train journeys pleasant and hassle-free, railways will launch an integrated mobile app for availing all travel-related services such as hiring taxis, porters and booking retiring rooms and lounges at stations among others. The app "IRCTC Connect" which aims to provide a one stop solution for various services can be used for booking tickets, ordering food from a favourite restaurant or finding hotel rooms of passengers' choice outside the stations. The application is likely to be launched early next year as the required ground work for it is underway, a senior Railway Ministry official said. Currently, a few apps are operational for booking tickets and food but there is no such app for availing multiple services. As per plan, the app will offer 17 services like porter, whee...

Collegedunia.com – Becomes the Largest Review Platform for Colleges in India

29Oct By NitishNo Comments

News

Collegedunia.com – Becomes the Largest Review Platform for Colleges in India

Collegedunia.com, India’s leading education portal, has pioneered to become the only platform in the education sector to cater more than 80000 visitor authentic reviews for various colleges in India. Having surpassed most of the players in the very competitive education market, Collegedunia already stands firm on Google with a consistent presence in the top results. Collegedunia is set to break another record within a very short span of its commencement by becoming the epitome of catering the maximum reviews. Sahil Chalana, Founder of Collegedunia.com said, “Information is a primary mandate for any decision making, Collegedunia envisions to become the in-depth information source for every student in India. The reviews we have managed to cater are significantly building and representi...

Vine a Mobile App For Video Sharing Will Be Discontinue

28Oct By reutersNo Comments

News

Vine a Mobile App For Video Sharing Will Be Discontinue

Twitter Inc announced Thursday that it would discontinue the video-sharing mobile app Vine, as it moves to cut 9 percent of its workforce worldwide to keep costs down after beating Wall Street quarterly earnings expectations. In the post twitter said, "Since 2013, millions of people have turned to Vine to laugh at loops and see creativity unfold. Today, we are sharing the news that in the coming months we’ll be discontinuing the mobile app." The decision comes on the heels of a failed attempt to sell Twitter as it fights against stagnant user growth and mounting competition from other social media platforms. In a post published jointly by Twitter and Vine to the blog platform Medium, the social media services said that the Vine website would stay live even after the mobile app is...

Mahindra Launches New Platform For Vehicle Auction

24Oct By Press Trust of IndiaNo Comments

News

Mahindra Launches New Platform For Vehicle Auction

Mahindra First Choice Wheels (MFCWL) today announced the launch of a platform that allows buyers to participate in traditional 'on the ground' used-car auctions via internet in real-time. The platform, True Time Bids will significantly improve efficiency of how vehicle auctions are conducted in India today, the company said in a statement. MFCWL ran a pilot project of True Time Bids with Kotak Bank prior to its launch. MFCWL Senior Vice President of e-Business B Ganeshkumar said: "The pilot launch of Truetimebids.com with Kotak has been extremely successful and we look forward to taking this platform to all our clients over the next few weeks. "Stating that the platform will fundamentally change the way vehicles are disposed at auctions, he added: "Our clients are continuously loo...

Have you Checked Snapdeal’s Logistics and Delivery Team Unbox Zindagi Look?

24Oct By AdityaNo Comments

News

Have you Checked Snapdeal’s Logistics and Delivery Team Unbox Zindagi Look?

Snapdeal, India’s largest online marketplace, today announced its collaboration with Nikasha Tawadey Khemka, a contemporary prêt and couture label that retails from leading fashion boutiques in India and abroad. As part of Snapdeal’s brand revamp, Nikasha has designed the new brand look for Snapdeal’s delivery team. The designer uniform for Snapdeal is a beautiful mix of strong aesthetics and functionality, and uses a color blocking element that has been taken from the logo itself. This gives a sleek and edgy feel to the designed outfits. The complete gear includes Nehru-collared T-shirts, accessories like waist pouch, cap and delivery bag in the cheery Vermello brand colour. The new look of the logistics staff takes cues from the brand’s warm and vibrant ‘Unbox Zindagi’ positioning ...

23Oct By PriyankaNo Comments

FUNDING

Skills Alpha a Digital Learning Platform Raises $450K Angel Funding

Mumbai-based Skills Alpha is one of the newest start-ups in the entrepreneurial ecosystem which helps the corporate employees to learn and develop their skills has raised $450K in Angel funding round from Mr. Ganesh Natarajan. Ganesh Natarajan an IT veteran and former CEO of Zensar Technologies has a stake of 60-65% in the company. The company which was founded in 2016 and run by Jaideep Kewalramani CEO of Skills Alpha, offers a dashboard where employees can see where they stand in their career and what they need to do if they want to climb up the skills levels. Skills Alpha provides three-dimensional skills through bite-sized content and curated learning path. Jaideep Kewalramani ,CEO,Skills Alpha said, "The whole premise of Skills Alpha is how we start by infusing aspiration an...

Wal-Mart to Invest $50 Million in China’s Online Grocery Platform New Dada

22Oct By NitishNo Comments

FUNDING

Wal-Mart to Invest $50 Million in China’s Online Grocery Platform New Dada

Walmart today announced a $50 million strategic investment in New Dada, China’s largest local on-demand logistics and grocery O2O ecommerce platform. The investment is an extension of Walmart’s broader agreement with JD.com and cooperation with New Dada, which includes using New Dada’s network to offer customers two-hour delivery on groceries ordered from Walmart stores through the JD Daojia Dada app.Wal-Mart shifted its China strategy earlier this year when it sold its own online platform Yihaodian in exchange for a stake in local e-commerce giant JD.com Inc. New Dada is a joint venture part-owned by JD.com. The two-hour delivery service is available to customers within a 3km radius of more than 20 Walmart stores that are currently part of the program. The number of Walmart stores offe...

Wipro Secretly Acquired a US Based Cloud Service Company Appirio

21Oct By PriyankaNo Comments

ACQUISITION

Wipro Secretly Acquired a US Based Cloud Service Company Appirio

Wipro Limited, India's leading information technology, consulting and business process services company announced that it has signed a definitive agreement to acquired Appirio, for USD 500 Million. Established in 2006, Appirio, a global cloud services company that creates next generation worker and customer experiences. Appirio is headquartered in Indianapolis with offices in San Francisco, Dublin, London, Jaipur, and Tokyo and has 1250 employees worldwide. The US based company is a trusted partner to some of the world’s leading brands, including Stryker, Robert Half, Johnson Controls, Cardinal Health, Coca-Cola, eBay, Facebook, Home Depot, and Sony PlayStation. Once completed, Wipro’s acquisition of Appirio will create one of the world’s largest cloud transformation practices, a game...

Online Furniture Rental Company Furlenco Raises 200 Crores

19Oct By NitishNo Comments

FUNDING

Online Furniture Rental Company Furlenco Raises 200 Crores

Online furniture rental company Furlenco today said it has raised Rs 200 crore (USD 30 million) in funding through a mix of equity and debt. The fresh round of funding includes USD 15 million of equity and USD 15 million of debt, according to Ajith Mohan Karimpana, Founder and CEO of Furlenco. The equity portion of the investment is led by Lightbox along with Axis Capital (no relation to Axis Bank), a Hong Kong based VC fund and a clutch of prominent high networth individuals or HNIs, the company said in a statement. The debt was raised from banks, NBFCs (Non-Banking Financial Company), HNIs and Indian family offices. "The funds raised will be used for expansion to newer categories, product ranges and more cities in the next one year," it added. In March 2015, Furlen...

Now Book Ola, Uber Through Google Search in India

19Oct By Press Trust of IndiaNo Comments

News

Now Book Ola, Uber Through Google Search in India

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 with this integration, commuters across the country can ask Google for directions and book ride services directly from Google Search," Google said in a statement. They will get to see a tab for ride services, both Uber and Ola, with fare estimates and pick-up times if a car is available near their location, it added. When a user requests for specific information like Taxi to Delhi or Ola/Uber to airport, the Google Search app or browser will direct the use...