1. Recent Articles

    1. GoZoomo shuts down citing unsustainable unit economics

      GoZoomo shuts down citing unsustainable unit economics

      GoZoomo (previously known as Zoomo), the Bangalore-based used car P2P marketplace, has shut down, reports Tech in Asia. GoZoomo’s founder Arnav Kumar confirmed to MediaNama that they had indeed shut down the company and have decided to return the money that they have left over back to their VCs.

      It is unclear how much money GoZoomo used to date and how much it has returned to its investors. Currently, the GoZoomo website is also live, although we expect that the company will phase it out soon.

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    2. Snapdeal raises $21M from Luxemburg based Clouse SA: report

      Snapdeal raises $21M from Luxemburg based Clouse SA: report

      Ecommerce marketplace Snapdeal has raised $21 million from Luxemburg based investor Clouse SA, reports Livemint. The money was raised allotted to the company on August 10th, and come as part of a previously announced funding tranche in February. In addition mutual-funds company BlackRock Inc valued Snapdeal’s preference shares at $24,582.2 per share as of  June 30th, according to filings with US Securities and Exchange Commission, added the report.

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    3. North Korea launches Netflix-like service Manbang, the real Netflix trolls it real nice

      North Korea launches Netflix-like service Manbang, the real Netflix trolls it real nice

      Recently, North Korea ventured into the video-streaming industry with the launch of its own set-top box service, called Manbang. Meanwhile, Netflix is having its own little fun by mocking it.

      North Korea has launched a new Netflix-like streaming service called Manbang, which was recently unveiled by its state broadcasters. In the meanwhile, Netflix took a light-hearted swipe at North Korea’s latest venture into the video-streaming industry. Netflix kind of took a jab at itself to mock Manbang.

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    4. Who All Are Making Money from Pokémon Go Success?

      Who All Are Making Money from Pokémon Go Success?

      The success of Pokémon Go shows an immense potential of augmented reality in different markets be it is gaming or other technology. It’s been just one and a half month and the game has more than 100 million active users. The Pokémon Go has also beaten The Candy Crush Saga in term of numbers of users in just a week. Google Play store suggests the no. of installs between 100M – 500M.

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    5. Airtel testing sachet Internet packs to get more data customers

      Airtel testing sachet Internet packs to get more data customers

      Airtel, which had reported flattish 3.13% sequential growth of data users in the June quarter (Q1 FY17), is looking to increase customer awareness for using the Internet. For quarter ended June 2016, Airtel’s data revenue was up 5.5%. Talking to analysts, the company’s senior management talked about data growth and the roll out of 4G.

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    6. Woohoo now lets users trade & liquidate unused gift cards

      Woohoo now lets users trade & liquidate unused gift cards

      E-gifting platform QwikCilver has launched a gift card exchange program to enable users to sell and buy gift cards on its app Woohoo. Users can now also convert unused or partially used gift cards to cash on the app, as well as convert loyalty points generated from various loyalty programs of banks etc., to digital gift cards that can be sold on the app’s marketplace.

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      Mentions: CTO
    7. Motorola Moto E Power with 3,500mAh battery expected to launch in India soon

      Motorola Moto E Power with 3,500mAh battery expected to launch in India soon

      Motorola has put a teaser on the social media handle, hinting at a smartphone with a larger battery. According to rumors, the smartphone could be the Moto E3 Power, which comes with a 3,500mAh battery.

      Motorola has started teasing launch of a new smartphone in India. On its Twitter handle, Motorola India has put up an image of a smartphone featuring a larger battery life. The caption of the tweeted image reads, “#FearOfMissingOut on power to last the day?

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    8. Govt Wants To Create Shark Tank Type Show For Indian Startups & A Dedicated TV Channel For Entrepreneurs

      Govt Wants To Create Shark Tank Type Show For Indian Startups & A Dedicated TV Channel For Entrepreneurs

      PM Modi’s Startup India, Stand Up India has now taken interesting turn after Department of Industrial Policy and Promotion (DIPP) has proposed a Shark Tank type reality show for Indian startups; besides launching a dedicated TV channel meant only for Indian entrepreneurs and startups.

      These proposals have been shared with Ministry of Information and Broadcasting, and a decision would be soon taken.

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    9. Biggest Disruption in Cashless Economy: RBI Approves UPI Apps For Instant Digital Payments

      Biggest Disruption in Cashless Economy: RBI Approves UPI Apps For Instant Digital Payments

      Imagine you have ordered a product online, and opted for cash on delivery service. The courier guy arrives with the package, and after you have checked the product, you fire your new UPI (Unified Payment Interface) app, insert the ecommerce firm’s unique identifier and payment is done within 5 seconds flat.

      No need of handling the cash, no need of knowing complex bank account numbers, IFSC codes and no need for irritating OTPs for transferring the amount.

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  2. Recent Articles

  1. Startup Advice
  2. Other Avashya Editions

  3. Web 2.0 India Jobs

  4. VC Funds in the News

    1. (11 articles) Sequoia Capital India
    2. (4 articles) ICICI Bank
    3. (4 articles) IDG Ventures India
    4. (3 articles) Nokia Growth Partners
    5. (2 articles) Warburg Pincus
    6. (2 articles) SAIF Partners
    7. (2 articles) Inventus Capital
    8. (2 articles) Bessemer Venture Partners
    9. (1 articles) Lightspeed Ventures
    10. (1 articles) Matrix Partners
  5. Organizations in the News

    1. (36 articles) Google
    2. (31 articles) Samsung
    3. (28 articles) RAM
    4. (21 articles) Xiaomi
    5. (20 articles) Airtel
    6. (20 articles) Reliance Jio
    7. (20 articles) Reliance Industries Limited
    8. (19 articles) Apple Inc.
    9. (15 articles) Flipkart
    10. (14 articles) Microsoft
  6. People in the News

    1. (7 articles) Xiaomi Redmi Note
    2. (5 articles) Sachin Bansal
    3. (4 articles) Narendra Modi
    4. (4 articles) Kunal Shah
    5. (3 articles) Bhavin Turakhia
    6. (3 articles) Anand Chandrasekaran
    7. (3 articles) Anupam Shrivastava
    8. (3 articles) Binny Bansal
    9. (3 articles) Mukesh Bansal
    10. (3 articles) Sandeep Tandon
  7. Quotes

    1. We are in talks with Foxconn for increasing the number of lines at their factory in Sri City in Andhra Pradesh. We are also planning to have two more plants in India.
      By Manu Jain
    2. For net neutrality, the pre-consultation has happened and we are now in the process of firming-up the final consultation paper, hopefully by the end of this month.
      By R S Sharma
    3. In the second quarter, approximately 12% of our revenue was generated in the UK …. From a foreign currency standpoint, the euro and the pound are the two currencies where we have the most exposure.
      By John Rainey
    4. We have become modern now. Earlier recruitment in terrorist organizations was difficult. Technology has made this process easier. The cyber war is real and we have to understand that we are into it. We are bound to face more challenges but we are beginning to get prepared for it.
      By Kiren Rijiju
    5. Theirs is a closer synergy which will be vital for our endeavor to make India and other countries more secure.
      By Kiren Rijiju