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Author: Sanghamitra

For Sale : Jabong

Jabong is up for sale and the valuation is being pegged between $500 million and $800 million. AB Kinnevik, the largest shareholder of Global Fashion Group is reaching out to other potential suitors for the sale. Kinnevik is also negotiating on behalf of Rocket Internet, which owns mores than 21% of GFG.

Ola Enhances Safety With ‘Number Masking’ Feature

Drivers, when they attempt to call the customer from their Ola device, shall not see the customer's mobile number but will automatically be routed through an encrypted number to the customer. With this, driver-partners will not bear the cost of calls made to customers, since they would now be routed directly through the device.

Housejoy Ropes In Flipkart’s Saran Chatterjee As CEO

Saran Chatterjee, the former VP of products in Flipkart has been roped in at Housejoy to fasten the expansion plans into more cities and services. Housejoy has scaled across 9 cities in less than a year and claims to have seen more than 8 lakh bookings under their belt, fulfilling close to 4000 orders a day.

Healthcare Startup CureJoy Raises $1.15 mn Funding

The platform provides curated content through its backend algorithms and technology on natural health and wellness by experts usually associated with universities. CureJoy claims to have 8 million site visits per month and an active and vibrant Facebook community with about 2.7 Million users.

Facebook to Continue With Internet.org In India; Will Roll Out Wifi Service

Facebook will launch "connectivity lab", which is looking at Drones and unmanned aerial vehicle to lower the cost of service to people without infrastructure.Also rolling out a kind of Wi-Fi service at a lower cost in India. Facebook's Internet.org is potentially an anti net-neutrality play.

iOS 9 releases tonight : find out the exact time

The much awaited iOS 9 releases tonight across the globe. Find out when will you get it (depending on your geography). For India,the timing is 1030 pm. Apart from several new additions, iOS 9 will also ship with apple's news app which competes with the one you are reading this news on !

Ola to invest Rs 150 cr in Andhra Pradesh; Will Bring Tech to 50K Vehicle in 3 Years

Ola will also be rolling out an extensive skill development program for drivers and will be providing free skill development training to drivers during this time. Currently, Ola has its presence across 5 major cities in the state including Vijayawada, Visakhapatnam, Guntur, Rajahmundry, Tirupati.

InMobi Partners With China’s Apus To Help Them With India Expansion Plans

With five popular Android apps that span across launcher, browsers, booster, flashlight and a messaging center in its portfolio, APUS is looking to make a significant foray into the Indian market that is expected to have more than 369 million smartphone users by 2018.

GazeMetrix Acquired By Sysomos, A Social Intelligence Platform

With Sysomos being the largest independent social intelligence platform, now made even more powerful through Expion’s enterprise-class social engagement platform, the integration of gazeMetrix visual listening technology will make Sysomos the actionability engine marketers really need.

HomeLane Acquires Tech Startup, Doowup

Doowup's founding team will join HomeLane and its founder Vivek Seetharaman will take charge as the chief innovation officer. HomeLane is currently present in six cities and has 200 employees and had raised $4.5 million funding in February.

Uber’s license again rejected in Delhi

Government said that it would entertain Uber's fresh application under new taxi scheme - 'City Taxi Scheme' if it submits the undertaking with their application stating they were following existing ban order imposed on it. Recently, Ola got the license after it switched to CNG run cabs.

OYO launches exclusive brand for women travelers

The added facilities will include automated door locks, hair dryer, iron and full length mirror in rooms, library with women magazines, doctor and beauty services on call and cab services. According to OYO, the number of women travelers currently makes upto 40% of its customers and is on the rise.

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