1. Recent Articles

    1. Meena & K Ganesh, Srikanth Iyer launch online furniture marketplace HomeLane


      GrowthStory’s K Ganesh and Meena have acquired Bangalore-based offline design firm Bello Interiors Pvt Ltd and rebranded it as HomeLane, an online marketplace for fixed furniture.

      The husband-wife duo have brought in Srikanth Iyer, ex-CEO of Pearson India and founder of Edurite, and Rama Harinath, ex-senior management member at TutorVista as co-founders.

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    2. HT Media plans digital acquisitions

      We missed this earlier: Media company HT Media is planning more digital acquisitions to strengthen its existing digital offerings.

      Responding to an analyst question on whether HT Media has any plans to acquire startups in the digital segment, during the company’s Q1-FY15 earnings conference call, HT Media’s chief financial strategist Vinay Mittal mentioned that they would be looking for inorganic growth to strengthen their existing digital investments like Shine (recruitment business), HT Campus (education marketplace and lead generation engine for private college admissions) and HT Mobile solutions (mobile and social advertising).

      Mittal mentions that HT Media is open ...

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    3. Digest: Flipkart, Housing.com, Evernote, U2opia mobile & more


      Flipkart launches five more self-branded tablets

      E-commerce marketplace Flipkart has launched five new tablets under its Digiflip Pro brand. The new range of tablets will be powered by Intel Atom processors and include the 7” Wi-Fi only ET701, the 8” Wi-Fi only XT811, its 3G variant XT801, the 8.9” Wi-Fi only XT911 and its 3G variant XT901. Each of the tablets comes with an IPS display, dual camera and expandable storage. The tablets are priced between Rs 5999 and Rs 13999.

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    4. Gionee Gpad G5 with Hexa-core processor and Android Kitkat launched for Rs 14,999

      Gionee has expanded its Gpad lineup in India by launching the Gpad G5 priced at Rs 14,999. The smartphone will be available next week via both online and offline retail channels.

      The Gionee Gpad G5 features a 5.5-inch HD (1280×720 pixels) IPS display with Dragontrail protection and runs on 1.5GHz Cortex A7 hexa-core processor paired with 1GB RAM. The smartphone has 8GB internal memory which can be expanded up to 32GB using the microSD slot.

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      Mentions: Panasonic Gionee
    5. Ticket Search Engine SeatGeek Raises $35M Round From Accel And Some Big-Name Athletes

      SeatGeek, a company that bills itself as “the web’s largest ticket search engine”, is announcing that it has raised $35 million in Series B funding. The round brought was led by Accel Capital, with Accel’s John Locke (whose previous investments include eBay-acquired payments company Braintree and Angry Birds-maker Rovio) joining the board of directors. Accel is a big…

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    6. Telecom industry’s Q1 revenue up 11.2 percent

      Telecom services industry revenue grew by a healthy 11.2 percent to reach Rs 40,834.3 crore in the first quarter of the current fiscal, propelled by growth in mobile data usage.

      As per India-telecom report of IIFL, the adjusted gross revenue (AGR) of the industry stood at Rs 36,729.5 crore in the corresponding period last fiscal. ”Since gross revenue (GR) includes inter-operator payments, roaming and access charges, AGR is a better indicator of subscriber spending.

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      Mentions: Vodafone Bharti Trai
    7. Digital India will transform the nation: Ravi Shankar Prasad

      The ‘Digital India Project’ would transform the country in terms of digitally empowering every citizen with broadband connectivity and national optical fiber network, Union Telecom Minister Ravi Shankar Prasad said here today.

      “Digital India will transform the Indian canvas in terms of digitally empowering every Indian with broadband connectivity and national optical fiber network,” he told reporters after a 40-minute long meeting with Chief Minister and AIADMK chief Jayalalithaa, ahead of launching the Jan Dhan scheme here. Under the Project, 60,000 panchayats would be covered in the current year and one lakh next year. One more lakh panchayats will ...

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    8. DoT plans public wi-fi in cities with over 1M people; We hope it works

      As part of Government of India’s Digital India initiative, the Department of Telecom (DoT) is beginning a project that will apparently provide public Wi-Fi services in cities with a population of more than 1 million, reports The Hindu Business Line.

      DoT has reportedly been asked to work out the modalities of the project, including creating a separate licensing framework for private telecom operators interested in offering public Wi-Fi service.

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    9. Jan Dhan Yojana: Modi’s Ambitious Initiative To Give Bank Account To Every Indian Family

      Did you know that about half of Indians do not have a simple basic saving accounts. While the situation is improving, still millions are households in India still do not have any financial inclusion.

      There have been number of initiatives launched by the previous governments with little or no success in terms of financial inclusion.

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    10. Desi Chromecast, Teewe, goes up for pre-order on Snapdeal for Rs 1,999

      Teewe, an alternative to Google’s popular $35 TV dongle, is now up on pre-order on Snapdeal. Priced at Rs 1,999, Teewe offers similar functionality as Chromecast, which hasn’t been officially launched in India, yet. Google’s Chromecast dongle essentially enables universal streaming of web content from any device to one’s TV.

      Read Full Article
      Mentions: Google RAM
    11. Facebook rolls out “bandwidth targeting” feature for advertisers

      Social networking giant Facebook has rolled out a new “bandwidth targeting” feature globally for advertisers to help them reach people based on the type of network. The move is especially relevant in emerging countries like India, where limited data plans and feature phones are common.

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    12. Spice Mobility’s device biz revenues up 30% YoY to Rs 382.9 Cr in Q4-FY14

      The mobile devices business of Spice Mobility* (previously S Mobility) posted total revenues of Rs 498.02 crore for the quarter ended June 30, 2014, registering a 30.1% growth from Rs 382.9 crore revenues in the same quarter last year. The segment had posted revenues of Rs 421.6 crore in the previous quarter.

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    13. 5 Ways A Manager Can Transform Into A Leader Without Passing Any Exam

      Management is doing things right, Leadership is doing the right things – Peter Drucker

      The greatest myth of the corporate world is that a leader and a manager both are the same people.

      In very simple terms, a manager is a person who manages people whereas a leader is a person who leads, inspires and motivates people. Theoretically, a leader may or may not be a good manager but every manager should be a good leader.

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    14. Micromax to launch a new smartphone on September 1

      Micromax has sent out an invite for a launch event on September 1. The invite however is quite cryptic and doesn’t reveal anything.

      The invite simply reads “Witness the Democratization of the Technology” followed by the date and time of the launch event. If we were to hazard a guess, the company could either launch an ultra-affordable smartphone or the first Android one smartphone.

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  2. Recent Articles

  1. Startup Advice
  2. Other Avashya Editions

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  4. VC Funds in the News

    1. (5 articles) Sequoia Capital India
    2. (2 articles) Helion Venture Partners
    3. (2 articles) First Round Capital
    4. (1 articles) Khosla Ventures
    5. (1 articles) Draper Fisher Jurvetson
    6. (1 articles) Qualcomm Ventures
    7. (1 articles) Sherpalo Ventures
    8. (1 articles) Accel Partners
    9. (1 articles) ICICI Bank
    10. (1 articles) Intel Capital India
  5. Organizations in the News

    1. (19 articles) RAM
    2. (16 articles) Google
    3. (14 articles) Xiaomi
    4. (14 articles) Oracle
    5. (12 articles) Flipkart
    6. (10 articles) Economic Times
    7. (8 articles) Vodafone
    8. (8 articles) Xiaomi Mi
    9. (8 articles) Digital India
    10. (7 articles) Airtel
  6. People in the News

    1. (4 articles) Narendra Modi
    2. (4 articles) Ravi Shankar Prasad
    3. (3 articles) Manish Singh
    4. (3 articles) Kavin Bharti Mittal
    5. (3 articles) Kunal Bahl
    6. (3 articles) Hugo Barra
    7. (2 articles) Dheeraj Aggarwal
    8. (2 articles) Anupam Shrivastava
    9. (2 articles) Jan Koum
    10. (2 articles) Joyson Thomas

    1. The use of cloud services is often not approved because there is a feeling that cloud service security is insufficient universally.
      By Rajiv Gupta
    2. We found that our employees were using multiple file-sharing services and that many of these services posed a risk to the organization.
      By Brian Lillie
    3. I will like to assure that it is our utmost concern too.
      By Shripad Yesso Naik
    4. Depending on the local carrier, we would launch six devices in India, both 3G and 4G from entry level to high end category.
      By Adam Zeng
    5. We are very optimistic about potential of 4G in India and plan to launch a range of affordable phones to drive the ecosystem.
      By Adam Zeng