Finally, Facebook has launched its marketplace in India. The Quikr-Olx kind of platform lists various sellers across categories such as electronics, entertainment, housing, vehicles and five others. It also lets buyers use filters such as price and distance in...
Amazon India has claimed that more than 60 per cent of its transaction is driven by digital payment modes including net banking and Amazon Pay balance in 2017. This is almost 10-15 percent jump from last year as its digital transactions were...
A six-month-old communication and work management app Kaizala developed as Made-for-India by tech giant Microsoft is ready to explore new boundaries. Specially built for the organisation, to communicate, collaborate and bring together desktop users and mobile users, within or outside...
In what could be a good news for technology aspirants, global tech giant Apple will create 4000 new jobs in India. The tech firm is developing features for Indian customers, which in turn will create over 4000 jobs, said a...
The shift from fuel-based vehicles to electric vehicles (EVs) is not going to be easy for India, because the first crisis will be huge job losses in the auto industry. As many as 1.5 million people will be rendered unemployed...
WhatsApp Business has finally made a debut on Google Play store but India is still a few weeks away to experience it. At present, the Android-only app lets businesses to display information such as a business description, email or store...
Unitus Seed Fund has invested Rs 5 crore in Awign, which focuses on companies to outsource their business functions to a remote workforce, including student community across the country. The Bengaluru-based startup will use the funds for improving their productivity...
India has emerged as the second largest country after China in terms of app downloads in 2017, according to App Annie 2017 Retrospective Report. An average user in India has nearly 80 apps and accesses over 40 of them in...
Bengaluru-based security management solution for residential societies myGate has raised Rs 16 crore from Prime Venture Partners. The mobile-based startup plans to utilise the proceeds towards the expansion of operations and strengthening technology. Besides, it also aims to scale up...
The location service provider, MapmyIndia is all set to launch navigation service for two-wheeler and roll out an alternative to Google Maps. The company has started working with auto majors for embedded navigation systems in two-wheeler which are currently being...
Bengaluru-based local language social networking app ShareChat has secured $18.2 million in a Series B round led by Xiaomi. Existing investors SAIF Partners, Lightspeed Partners, India Quotient and Venture Highway also participated in the round. Besides Xiaomi, its venture...
Venkatesh Padmanabhan, the chief operating officer (COO) of home-grown smart electric scooter maker Ather Energy, has quit the company. Ather Energy who appointed former Royal Enfield CEO Padmanabhan as its chief operating officer seven months ago termed his exit as...
Jeff Bezos-led Amazon has claimed that it has left local rival Flipkart behind to become the leader in online retail space. The e-commerce behemoth claims to have 44 per cent customer share and 42 per cent order share on an...
To give a major boost to the cloud computing industry, Maharashtra government has come up with a public cloud policy and mandated its departments to shift their data storage onto the third-party server. The move is expected to create...
Facebook-owned WhatsApp may launch its UPI-enabled payment service by next month. The instant messenger with worldwide popularity has been trying to enter the payment space for a long time. Earlier it was speculated to go live by December 2017. According...
Online housekeeping services have approached the government over 18 per cent GST, which according to them could kill the online firms, and asked to lower the tax rate. "These service professionals (on their platforms) barely make Rs 5 lakh a...
Jack Ma-led Chinese Internet major Alibaba is planning to launch an over-the-top (OTT) video service in India in the next three months. The OTT service is likely to be launched in collaboration with its Indian portfolio Paytm and Alibaba’s...
Bengaluru-based education technology startup CollPoll has raised an undisclosed amount of funding in a pre-Series A round led by Manipal Global Education Services (MaGE) and a few other anonymous individual investors. According to a VCCircle report, the startup will use...
Singapore-based Southeast Asian ride-hailing major Grab has acquired payment company iKaaz for an undisclosed amount. With this acquisition, the Softbank-backed company plans to expand its digital payments platform GrabPay. Following the acquisition iKaaz team will join Grab’s research and development unit...
With a population of 3,929, Mawniandlah from Meghalaya has become the first gram panchayat in the country to get linked with satellite-based high-speed Internet connectivity under the central government's BharatNet project. BSNL demonstrated the live working of Mawniandlah panchayat connected...
To reach out next billion people, Instant messaging app Hike has launched Total, built by hike, a refined version of Android, that lets users access essential services such as messaging, news, recharge even without data connection. Data rates are very...
Israeli Prime Minister Benjamin Netanyahu is on a six-day visit to India to attend the second India-Israel Business Summit. As a part of the summit, host and counterpart Narendra Modi, along with Netanyahu will inaugurate the much-awaited entrepreneurship centre iCreate...
True North, an Indian private equity firm, on Tuesday announced the launch of Actify Data to help portfolio companies through analytics, algorithms and artificial intelligence. The PE firm has also committed an initial investment of $10 million for its...
Speaking at the fourth edition of Bengal Global Business Summit on Tuesday, RIL Chairman Mukesh Ambani announced Rs 5,000 crore investment in West Bengal and said that his company will start manufacturing mobile phones and set-top boxes. The company has...
Yoga guru Baba Ramdev-led Patanjali Ayurved announced its partnership with several e-commerce companies, including Paytm, Flipkart, Amazon, and 1mg today and took its online sales mainstream. The e-commerce websites will sell Pantanjali's products online. Patanjali Ayurved said in a statement...
The technology-focused imaging company Kodak, which announced to launch cryptocurrency KODAKCoin for photographers this month, plans to launch the initial coin offering (ICO) of the currency in India in the next couple of years. “India is a big opportunity for...
China's smartphone maker Vivo has launched its online store in India to sell its smartphones. The online store is running an introductory offer 'Launch Carnival', which is already live, and will last until January 18. In a statement, Vivo India,...
The US-based online platform which supports startups with early-stage funding and recruitment AngelList has launched Syndicate in India. Syndicates are private single-deal investment vehicles that let you invest in startups along with more angels. Similar to a VC fund, syndicates provide...
Mumbai-based digital payments and meal vouchers company Zeta has invested in Gurugram-based PeopleStrong HR Services for a minority stake. Promoted by serial entrepreneur Bhavin Turakhia, Zeta did not disclose the quantum of the investment, reports ET. Zeta currently has over 1,500...
After two and half years of operations in India, Hong Kong-based startup accelerator Jaarvis has shut down its operations in the country. Jaarvis, a global technology company was launched in the country as an accelerator in Gurugram, spread over a 20,600...
Unacademy, a platform for educators to create multimedia content for free as well as paid viewing by users, has crossed 1 million downloads. Importantly, the company has been able to bag 4.8 rating on Google Play Store. Currently, the company...
Krishna Hegde, who headed the lending business of India's payment major Paytm, has been resigned from the Alibaba-backed company. Hegde had joined Paytm in the capacity of a senior vice president and to lead the consumer investment products at...
The Unique Identification Authority of India (UIDAI) said on Monday that it would allow using facial recognition as an additional means of Aadhaar authentication. The move will allow easy authentication for those individuals, who face a difficulty in other biometric...
Digital payment solutions company Razorpay has raised $20 million in funding led by Tiger Global and Y Combinator in its series B round. The Bengaluru-headquartered firm also saw participation from Matrix Partners. Till date, it has raised $31.5 million including...
After winning China market, Alibaba launched DingTalk, a communication and collaboration platform for enterprises in the English version in India. DingTalk can be used to book meetings and assign tasks. DingTalk claims to have more than 30 lakh organisations and...
The Small Industries Development Bank of India (Sidbi), which on Saturday announced to commit Rs 200 crore to three AIFs (alternative investment funds), received a shot in the arm when the Department of Industrial Policy and Promotion (DIPP) officially...
Drone startups in the country have come together and ask for rectification in the proposed policy for drones drafted by the government. Last month, Minister of State for Civil Aviation Jayant Sinha had said that regulations for operating drones in...
Global bicycle sharing service Ofo is reportedly partnering digital payment major Paytm to bolster its operations in India. The dockless bike service soon will be available on Paytm app. Citing sources Mint reported that Ofo will be available on Paytm...
This week 19 startups received funding, out of which 14 were disclosed, who in total made a sum of about $127 million. Among them, Rivigo raised the highest investment of $50 million, followed by Appario Retail which raised $18.8...
Kerala Startup Mission or KSUM in association with Zone Startups India has launched 'Kerala Accelerator Program', to promote revenue making startups across the country. The Kerala Accelerator Program will be a three-month virtual accelerator programme commencing on February 5 comprises a...
What if farmers, who grow vegetables, don't have to depend on agents or middlemen to sell their produce. What if they get to directly sell their produce to buyers at prices they want. This is not utopia as a Chinese...
Surface transport logistics major Rivigo has raised $50 million Series D round led by SAIF Partners. Existing investor Warburg Pincus also participated in the round. The company has raised aforementioned amount on a valuation of about $945 million. The Gurugram-based company...
Last year proved to be pivotal for foodtech unicorn Zomato. The Gurugram-based company had launched products such as Zomato Gold and also turned profitable in all markets it operates. This year also seems to have started on a good note...
The U.S. Trade Representative (USTR) has blacklisted Indian online e-commerce marketplace IndiaMart, placing it on the annual ‘American Notorious Markets List’, for selling counterfeits products. The U.S. government agency is responsible for developing and recommending United States trade policy to...
Online retailer Amazon has tied up with the telecom service provider Airtel to offer Amazon Prime services. According to a partnership agreement between two companies, the new and existing Airtel post-paid customers with an Infinity plan of Rs 499 or above...
After facing multiple delays, tech giant Apple's smart hi-fi speaker HomePod will be released in February. "Apple's delayed HomePod smart speaker to be launched 'in the next 4-6 weeks'," said a 9to5Mac report. However, it added that HomePod will face...
After Suzuki, Toyota pact to bring electric cars in India by 2020, another Japanese automaker Nissan Motor is planning to start manufacture all-electric cars in India. The firm is also betting on making one of the cheapest e-cars with the...
In the past few years, the Indian startup ecosystem has observed a steep growth in debt financing. The trend can be verified with the fact venture debt firm InnoVen Capital India in 2017 deployed $75 million in the startup...
The cat is out of the bag, Tencent-backed Ola has acquired Foodpanda for mere Rs 28 crore. Three weeks ago, the Bengaluru-based company announced the acquisition of Foodpanda. The business intelligence platform paper.vc mentions that Delivery Hero (owner of Foodpanda globally)...
Reliance Jio seems to be in a mood not to leave any exciting new age business opportunity. The Mukesh Ambani-led group is planning to enter cryptocurrency market with JioCoin. The company reportedly is hiring 50 professionals with an average age...

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