May 19, 2013

Can Open street map compete Google maps?

May 18, 2013 By Leave a Comment
Openstreetmap

OpenStreetMap (OSM), a community based mapping project to create a free editable map of the world has been launched recently on Android by a Berlin based company Skobbler. Open street map can be considered as wikipedia kind of mapping service and is supported by the OpenStreetMap Foundation, a non-profit organization registered in England. Unlike Google, which can only be used online, the app can be used both online and offline. It is available at a small price of $1, however, allows only one … [Read more...]

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MakeMyTrip mobile app exceeds one million downloads

May 17, 2013 By Leave a Comment
Make-my-trip logo

MakeMyTrip has recently announced that its app has surpassed 1 million download mark. The free app which is available across all platforms was initially launched on Blackberry, and later was introduced to both iOS and Android versions in May and June, last year, respectively. The company has also launched ‘App Vintage’, an offer to push more downloads for its app. Where on, for each MakeMyTrip app download the company is giving away free travel vouchers worth INR 5000. The company has also … [Read more...]

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Infoedge’s portfolio performance, Zomato, Meritnation and others

May 17, 2013 By Leave a Comment
Info-Edge

Info Edge, India’s premier online classifieds company and owner of portals such as Naukri.com, 99acres.com and Jeevansaathi.com, has recently disclosed the Q4 FY 13 results, also revealing the status of its subsidiaries. Info Edge is currently having an investment of around $45 Mn in 7 early stage startups such as Zomato, Meritnation and others. The standalone revenue of Info Edge is reported around $21 Mn, an increase of 9.6% over the last year revenues on account of strong growth in its … [Read more...]

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Facebook on an aggressive mobile traffic building strategy

May 17, 2013 By Leave a Comment
Facebook-mobile

In a new strategy to attract more mobile users, social media giant Facebook had announced its partnership with Nokia for its just launched Nokia Asha 501 to get Facebook pre-installed in the handsets. Facebook has built a messaging platform for Nokia Asha 501, that will allow users to see and chat with their online friends. Facebook believes that devices like Nokia phone with pre-loaded Facebook comes at affordable prices in markets like India and thus will allow more number of people to use … [Read more...]

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Twitter co-founder Biz Stone’s secret project raised celebrity funding

May 17, 2013 By Leave a Comment
jelly3

The mystery project of Twitter cofounder, Biz Stone, has secured an undisclosed amount of funding for his startup Jelly. The funding round was led by Spark Capital with other investments from SV Angel and individuals like former US vice president Al Gore, U2 Lead Singer cum Musician Bono, Emmy-winning director Greg Yaitanes, Evan Williams and Jack Dorsey. The funding will most likely be used to bring new talent on board and focus on product development. According to the company, the investors … [Read more...]

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Google I/O conference 2013 highlights

May 16, 2013 By Leave a Comment
Google-Apps

Google isn’t just a web search company anymore. Last few months, Google has been continuously working to change the world of technology. Since the launch of Google Glass, its15 GB free storage on Gmail, Google drive, Google+ photos and high speed internet technology - Google fibre, the company has been in continuous spotlight. At its I/O conference on Wednesday, Google has announced a lot of interesting new features across all its products. Google revealed that Android community is growing … [Read more...]

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Frictionless Ventures, a new incubator in the cloud computing sector

May 16, 2013 By Leave a Comment
Ravi Gururaj

Ravi Gururaj, recently launched a new platform Frictionless Ventures, as reported by Economic times. The venture is launched with a view to invest seed money and nurture aspiring entrepreneurs with innovative and viable ideas. The first idea being incubated is a mobile contacts management app, SyncUsUp, which was a finalist in the New Venture Contest, held at Harvard Business school, Boston. Ravi Gururaj will be leaving his position as Vice President at Citrix Systems, a leading cloud … [Read more...]

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The closet label, online fashion portal by Malaika Arora Khan

May 16, 2013 By Leave a Comment
The-Closet-label

The Label Corp, working to bring in private labels across different product categories in India, had announced launch of its yet another private label ecommerce venture for fashion products “The closet label” will offer outfits, accessories and wardrobe essentials. The Closet Label team has been joined in by Malaika Arora Khan as the Creative Director and Tastemaker with all the outfits to be offered by the website personally designed by her. This will be the second celebrity designed label … [Read more...]

Filed Under: Ecommerce, News Tagged With: ,

Google, expected to battle with Spotify, starting subscription based music service

May 15, 2013 By Leave a Comment
Google2

The scheduled google IO conference have grabbed the eyeballs of analysts and tech community around the world as according to few publications and one of the leading technology blogs ‘The Verge’ - google will most likely announce the launch of its subscription based music services for its youtube and google play platforms. Google I/O conference which is due to start in next few hours time from now, will take place in San Francisco, US. The report, published by The Verge also says that the … [Read more...]

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No more Rock.in

May 15, 2013 By 3 Comments
Rockin

Mumbai based, online e-tailer for Indian & international branded apparels, Rock.in seems to have seized its operation, as the website is no more available on www.rock.in. We tried reaching Aashish Puri, Co-founder, Rock.in to know the exact scenario, but was not able to get any response on the matter. As per Alexa, the website has also witnessed fall in traffic in past few months, and there has been no update on Facebook and Twitter page of Rock.in from Mid-April, denoting a silent exit for … [Read more...]

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LinkedIn crosses 20 Million members in India, second largest after US

May 15, 2013 By Leave a Comment
Linkedin-Users-

World’s largest professional network Linkedin had crossed 20 million user base in India, making it second largest member country after United States, but comprising only 9% of LinkedIn’s total global population. Since its launch in India in November 2009, Linkedin India has grown by almost 500%. Out of the 40 million members in the Asia Pacific region, India tops in the region, followed Australia (4+million), Indonesia (2+million), Singapore, Malaysia and Philippines (each 1+ … [Read more...]

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500Startups bets on Pricebaba, takes 5 Indian startups in its 6th accelerator batch

May 15, 2013 By Leave a Comment
Pricebaba-feature-img

Mumbai based location based search engine, Pricebaba had raised undisclosed amount of funding from 500 Startups and existing angels Karamveer Singh and Dinesh Tejwani, states the latest blog post by the PriceBaba team. With this investment by 500 Startups, PriceBaba will join the next batch of the US based accelerator. “Today, we are a team stronger than every before and our challenges are even greater. We are happy to welcome onboard a new set of partners who add tremendous value to … [Read more...]

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Social media statement of Indian Banks: A report

May 14, 2013 By 1 Comment
India's-bank-on-facebook

With the increasing digitization, banking sector has seen a lot many changes in their approach to attract clients. Competition among the banks have led to the marketing of various activities and products of the banks through different channels. From past few years, Banks have been using social media to connect with the consumers, make them aware of their offers and other activities. To highlight how banks are using social media, Unmetric, a Social Media Benchmarking company released its … [Read more...]

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Marry in a week, a matrimonial app for facebook singles

May 14, 2013 By Leave a Comment
marry in a week facebook application for singles

Getting married might not be a big deal, but getting married in India can be a big decision. When it comes to arrange marriages, be it guys or girls or the hassled parents, finding the right one is a nightmare. Marryinaweek, a Facebook app has entered the space of online matchmaking with the aim to help people find right partners using their Facebook profiles as a base. As the name suggests, the app speeds up the whole process of finding the right match and unlike other matrimony portals like … [Read more...]

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Google announces unified cloud storage space of 15Gb for its users

May 14, 2013 By Leave a Comment
Google

In a recent blog post, Google announces that from now on users will get 15 GB of free ‘unified’ storage space for using Gmail, Google drive, and Google+ photos. Previously, it was 10 GB for Gmail, 5 GB for Drive and Google+ Photos. However, Google is offering 30 GB of storage space to its enterprise customers across Drive and Gmail. Storage will also be shared with photos users upload to Google+ larger than 2048px. Also, users can now upgrade to any amount of additional storage … [Read more...]

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Twitter acquired Luckysort, a data analytics startup

May 14, 2013 By Leave a Comment
Twitter-acquires-luckysort

In its list of acquisitions, twitter recently added yet another name, Luckysort, a data analytics company, as announced by the company on its official website. The company will shut down its operations in the coming months as a result of acquisition. Based in Portland, Luckysort was started in 2011 to make the Big data analysis, summarization and visualization easy with user friendly tools. It is a powerful platform for real time text analysis using visual analytics and machine learning. The … [Read more...]

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Paytm launches bus ticket booking app

May 13, 2013 By Leave a Comment
Mobile

Looking at the growing trend of online bus ticketing in India, online recharge and payment service provider Paytm.com, had launched its new app for online bus ticketing on Android and iOS apps in partnership with over 200 bus service operators. Apart from Bus booking service, exclusive deals for the users and the previous order details to make booking another ticket more simple are few add-ons with the app. The booking service will be available for over 12,000 routes across India. For using … [Read more...]

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JustDial plans to raise Rs 822-950 crore through IPO, opening in may

May 13, 2013 By Leave a Comment
Just Dial IPO

Just dial, the first phone based search engine in India, has set a price band between Rs 470-543 for its initial public offering (IPO) with lead managers, Citi and Morgan Stanley. The issue will be open for subscription between May 20-22, according to the reports CRISIL, a global analytics company providing ratings, has assigned grade 5/5 to the proposed IPO of Just Dial which indicates that the fundamentals of the IPO are strong relative to other listed equity securities in India. The IPO … [Read more...]

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C1India, an esolutions provider launches auction portal for banks

May 13, 2013 By Leave a Comment
C1-india

New Delhi based C1 India, e-procurement and e-sourcing solutions provider, recently launched an auction portal, Bankeauctions.com to automate the auction process for bank’s non performing assets in lieu of the ministry of finance orders last year as per the reports (Business Line). In November 2012, the  Ministry of finance has announced that all auctions of immovable properties, under the SARFAESI Act 2002, shall be carried out through E Auction only to ensure a free, fair and transparent … [Read more...]

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Caratlane closes $ 15 million in Series C funding

May 13, 2013 By Leave a Comment
carat-lane

Online jewellery e-retailer Caratlane, had raised $15 million in third round of funding from Tiger Global as reported by nextbigwhat. With this, total funds raised by Caratlane had reached $27 million. Though on contacting Caratlane, company officials had declined commenting over the funding. Caratlane works with a 4000 global vendors offering large collection of diamonds & diamond jewellery including rings, pendants, earrings, necklaces, etc and is shipping across 150 cities across the … [Read more...]

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