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    MoneyOnMobile To Focus On Rural Indian Market!

    Despite many players in the digital payment section, the ‘Rural India’ has been left untapped, or rather say untouched. Lack of banking facilities and financial literacy is often described as the reason behind this. If India is poised to ever become a digital nation with people opting payments digitally, rural India too should be a […] More

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    Profits In Foresight For Ola!

    Home-grown ride-hailing service Ola is all set to break into profits. The company has announced that it is making money on each ride after taking away the discounts, and driver incentives. The development comes at a time when Ola is gearing for its IPO (Initial Public Offering) in the next couple of years. Though Ola […] More

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    US-based VC Firm Lightspeed Raises $175 Million For Its Second India Fund

    One of Silicon Valley’s top Venture Capitalist firm “Lightspeed” has raised $175 million (around INR 1200 crores) as a part of its second India fund. Just like its previous investments, Lightspeed is looking forward to investing in early-stage technology startups in India. With its latest fundraising exercise, the VC Firm brings assets worth $310 million […] More

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    WeChat’s Parent Company Tencent Makes It’s Entry To Cloud Market In India

    China-based tech behemoth Tencent is all set to step into the Indian cloud services market after it’s competitor Alibaba has recently made its strides in the industry. While the move is to take effect a bit later, Tencent’s decision has surely sent some shockwaves in the cloud-services industry. The market leaders like Amazon’s AWS and […] More

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    Paytm Eyes On Travel & Hospitality! To Acquire “NightStay”

    Indian e-payments giant Paytm is continuing its expansion in the ‘Travel & Hospitality’ sector. Backed by Japan-based Softbank, and China-based Alibaba, the e-payments giant is acquiring last minute hotel booking firm NightStay Travels Pvt. Ltd, according to reports. The firm is based in New Delhi and offers last minute hotel bookings through its mobile application. […] More

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    AlipayHK Launches Remittance Services Based On Blockchain Technology

    AlipayHK, a digital wallet joint venture between Ant Financial and HK based Hutchison holdings along with GCash, a Philippines based payment services provider has launched a remittance service which is based on Blockchain Technology. Standard Chartered is the settlement bank for the service. The service facilitates money-transfer and remittances for customers, between HongKong and Philippines. Amongst […] More

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    Co-Workspace Provider IndiQube Raises $15 Million

    IndiQube, the leading co-workspace provider where several noted startups had their humble beginnings, has raised $15 million (over INR 100 crores) from WestBridge Capital. The company’s founders Rishi Das and Meghana Agarwal stated that the fresh capital will be used for brand building, and to increase its team size. They also expressed their idea of […] More

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    Food Delivery Startup Swiggy Becomes The New Unicorn

    Online food-delivery startup; Swiggy, has entered the “unicorn” league. The development comes after an investment of $210 million in a round led by its primary backer, South Africa-based Naspers. In the latest round of funding, investments came from new and existing investors. Russia based DST Global, China-based Meituan Dianping too participated in this round. ‘Unicorn’ […] More

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    Uber India & South Asia Gets A New Head!

    Pradeep Parameswaran has been appointed as Uber India and Uber South Asia President. The post has been left vacant for over a month after Pradeep’s predecessor, Amit Jain has been appointed as Head of Uber’s Asia – Pacific operations. Pradeep’s appointment comes just within his 1 1/2 year stint with Uber. He joined Uber in […] More

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    OYO To Focus On Strengthening Its Presence In China!

    OYO Rooms, Indian-grown hospitality, and budget hotel network have announced its plans of foraying and strengthening its presence in China. According to an ET report, OYO made its debut into China by starting services in Shenzhen with the listing of 400 rooms across 8 hotels, citing sources close to the development. In an announcement on […] More

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