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Mobmerry To Deploy 1000 Beacons In Bangalore Stores To Connect Retailers With Potential Customers

Mobmerry to deploy 1000 Beacons in Bangalore making 100 feet road and Indiranagar the first Shopping District in India to be IoT enabled. It sends advertisements of retail stores straight to consumer’s phones, thereby driving potential consumers to the store through target marketing using geo-location.

Tech

MobMe Puts Off IPO Plans, Raises $3 mn: Here’s Why [Interview With Sanjay Vijayakumar]

Mobile value added services company MobMe shelved plans to go public at the small and medium enterprises exchange. Instead, the company raised about $3 mn from angel investors.

MobMe gets NSE Approval for IPO at SME Exchange

Kerala based value added services provider MobMe has received an approval from the national stock exchange to raise $4.5 mn through an initial public offering at the SME exchange.

Indian Startups

Mobme files DRHP for IPO at the SME Exchange, Will offer 705,600 equity shares

The company will offer 705,600 equity shares of face value of Rs. 10. The Price band has not been fixed yet

MobME to raise funds through share issue at NSE’s SME exchange. A new trend in the making?

MobME’s decision to raise funding from the SME exchange is an interesting one. Maybe it will start a new trend with startups looking to raise money from the public market and skipping the usual Venture Capital route?

Tech

Mobme brings mobile SIM based digital signatures to India – Three things you must know

Kerala based mobile startup, Mobme is bringing mobile based digital signatures to India. The company has partnered with Gemalto, the Dutch security leader and Valimo Wireless Oy of Finland to…

God’s Own Country in 1 Infinite Loop [Mobme]

One of the leading tourist destinations in the country just went a notch up in attracting more tourists to the land. In an attempt to target more European customers at…

Tech

MobMe Partners with Malayalam Daily, 44K Registrations in a day

Kerala based startup, Mobme (read their inspiring story) has partnered with Malayalam Daily, Mathrubhumi and is powering its Mobile Channel for sending news and alerts to mobile users over SMS.…

Indian Startups

MobMe – from student startup to a million dollar dream

MobMe is an interesting startup for several reasons – right from the products they offer, to partnership route this Trivandrum based startup has taken, to most importantly, the background of…

Payment Startup, Chillr Raises $6 million in Series A From Sequoia Capital

Besides person-to-person money transfer, Chillr currently supports recharging of prepaid mobile, DTH and data cards. By end of March 2016, Chillr aims to tie up with 30,000 merchants and on-board 15 banks. Currently, the team size is 70 and the company plans to bring this number up to 150 by year end.

Weekly Recap: Startup Predictions for 2014; Real Gold Diggers of Ecommerce Industry & More

If you missed out on any of the action on NEXTBIGWHAT last week, go through our weekly recap below.

Tech

Tech IPOs in India 2013: There’s no List

Out of 220 companies that went public in the United States last year, only a handful were tech companies. In India, where only a handful of companies went public and only 1 of them was tech related.

Indian Startups

Innoz Makes it to Limca Book of Records As Largest Offline Search Engine

Telecom startup Innoz, has made it to the Limca book of world records for being the “largest offline search engine.”

Tech

Startup Village Gets $24 Mn From Government For Infrastructure

The Indian government has allocated $24 mn to support Startup Village, the Kochi based public private startup incubator. The incubator, a public-private partnership, will receive Rs 75 cr to set…

Entrepreneurship

Kerala Chief Minister Announces Rs 500 cr Budgetary Assistance to Entrepreneurs

Kerala Chief Minister Oommen Chandy on Thursday said that the government will earmark about Rs 500 cr as budgetary assistance to entrepreneurs for their ventures.

Indian Startups

Kerala to Celebrate Sep 12 as Entrepreneurship Day, Student Entrepreneurship Policy to Extend to school-going students

The state government is also launching a new project that offers one hundred teams of five college students each a Startup Tool Box, which will have high-end computers, smartphones and other technology items required to create a startup company.

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