1. 73-96 of 15643 « 1 2 3 4 5 6 7 ... 650 651 652 »
    1. Unacademy raises $4.5 million in funding from Blume and Nexus Venture Partners

      Unacademy raises $4.5 million in funding from Blume and Nexus Venture Partners

      Education technology startup Unacademy has raised $4.5 million Series A funding led by Nexus Venture Partners and existing investor Blume Ventures, reports TechCircle.

      The company raised $500,000(about Rs 3.3 crore) in seed capital, through a funding round led by Blume Ventures, along with angel investors including Rajan Anandan (Google), Sumit Jain (CommonFloor), Aprameya Radhakrishna (Taxi4Sure), Sujeet Kumar (earlier Flipkart), Phanindra Sama (RedBus) among others in May 2016.

      Read Full Article
    2. Improve NPCI shareholding, governance within 60 days, says Watal Committee

      Improve NPCI shareholding, governance within 60 days, says Watal Committee

      A change is likely in the shareholding pattern of National Payments Council of India, the bank owned “non profit” which runs key payment platforms like IMPS and UPI. The Watal Commitee on Financial Payments (pdf) has recommended that the Reserve Bank of India enforce an improvement in the shareholding and governance of retail payment organizations within two months, and points specifically to the NPCI as an example of where change is needed: regulations for restructuring are to be released for public consultation within 60 days.

      The recommendation from the committee is that the RBI should issue regulations which require NPCI ...

      Read Full Article
    3. 4.92M Mobile Number Portability requests in India in October 2016

      4.92M Mobile Number Portability requests in India in October 2016

      Porting requests were submitted for 4.92 million connections in the month of October 2016, according to the Indian Telecom regulator TRAI. This is down 1.41% from 4.99 million porting requests reported in September 2016.

      For the month of October, the maximum number of requests in Zone-I (North and West India) were received in Rajasthan at 0.53 million, followed by Mumbai at 0.32 million and UP East at 0.31 million.

      Read Full Article
    4. Idea to raise Rs 500 Cr through issue of private bonds

      Idea to raise Rs 500 Cr through issue of private bonds

      Idea Cellular is planning to raise Rs 500 crore by issuing unsecured redeemable bonds on a private placement basis, the company informed stock exchanges on Thursday. It plans to sell non-convertible debentures (NCDs) which offers 7.77% interest for a tenure of 5 years. The bonds will be issued in the National Stock Exchange (NSE) by 17thth January 2017 and the maturity date will be 17th January 2022.

      Read Full Article
    5. Airtel to launch payments bank operations after two-month trial

      Airtel to launch payments bank operations after two-month trial

      Bharti Airtel will launch its payments bank operations starting today after its initial pilot launch in Rajasthan in November last year, according to this Mint report. The pilot service was later extended to Telangana and Karnataka as well. The report said that during pilot-mode Airtel added more than 1 lakh new customers opening a savings account within two weeks of launch.

      Read Full Article
    6. Square Yards secures $10M in funding for international expansion

      Square Yards secures $10M in funding for international expansion

      Real estate aggregator platform Square Yards has raised $10 million from a clutch of high net worth individuals, including the family office of Kanpur-based Lohia Group, reports the Economic Times. Over 70% of the funding is debt based in the form of convertible notes, and investors will have to option to convert debt to equity, when the company raises its next round of funding.

      Read Full Article
    7. After Airtel, Idea unveils free 4G data offers to compete with Jio

      After Airtel, Idea unveils free 4G data offers to compete with Jio

      Idea Cellular will provide free added data on select recharge packs for both prepaid and postpaid customers as a promotional offer. Existing prepaid subscribers on Idea 4G will get 1 GB of free data on recharges of Rs 348 in addition to unlimited calls and SMS. Idea subscribers recharging with Rs 348 on new 4G handsets will get additional 3GB data for free. Note that the added free data is valid for 28 days and can be availed for a maximum of 13 recharges over a span of 365 days.

      Read Full Article
      Mentions: Airtel Vodafone SMS
    8. Zoomcar introduces Cadabra for monitoring car performance

      Zoomcar introduces Cadabra for monitoring car performance

      Zoomcar has launched Cadabra, a solution which tracks data about the car, in real-time: it plugs into the car’s OBD-II port, and provides information such as distance traveled, fuel used, clutch performance, etc, tracking information like fuel levels, clutch position, harsh braking, inconsistent acceleration, seat belt usage, and engine health (among others). It comes with bluetooth and 4G connectivity; the latter allows it to receive over the air (OTA) updates.

      Read Full Article
      Mentions: ZoomCar
    9. Airtel appoints Badal Bagri as CFO for India & South Asia operations

      Airtel appoints Badal Bagri as CFO for India & South Asia operations

      Bharti Airtel has appointed Badal Bagri as its new Chief Financial Officer (CFO) for its India & South Asia operations. Bagri will assume his new role at Airtel from January 16 and will lead the company’s finance team across India, Sri Lanka and Bangladesh. He will report to Nilanjan Roy, Global Chief Financial Officer at Bharti Airtel.

      Read Full Article
    10. FINO Paytech meets payments bank norms with Rs 149cr domestic funding

      FINO Paytech meets payments bank norms with Rs 149cr domestic funding

      Payments company FINO Paytech has raised an additional Rs 149 crore in funding from ICICI Prudential Life Insurance and ICICI Lombard General Insurance among other investors. The company had earlier raised Rs 251 crore from oil marketing company Bharat Petroleum Corporation Limited (BPCL) for increasing domestic investment.

      Read Full Article
    11. Housing’s Jason Kothari to join Snapdeal as Chief Strategy & Investment Officer

      Housing’s Jason Kothari to join Snapdeal as Chief Strategy & Investment Officer

      Ecommerce marketplace Snapdeal has appointed Housing.com CEO Jason Kothari as its Chief Strategy and Investment Officer. Kothari will report to co-founders Kunal Bahl and Rohit Bansal and will be joining the role from January 16th. At company, Kothari will lead the company’s business strategy; corporate development including all investments and strategic partnerships; raising new capital for the company; and portfolio management, overseeing companies Snapdeal wholly owns or has invested in.

      Read Full Article
    12. Ixigo acquihires mobile content sharing app Reach

      Ixigo acquihires mobile content sharing app Reach

      Meta travel aggregator Ixigo has acqui-hired the mobile content sharing app ‘Reach’ for an undisclosed amount. Post acquisition, the Reach team will join ixigo to provide travellers “consumable content & entertainment in the travel space.”

      Launched in 2015, Reach had a mobile app that allowed its used to browse and download music, games, apps and other content directly from their friend’s mobile devices.

      Read Full Article
      Mentions: SpiceJet Ixigo Kiwi
    13. Flipkart app now supports UPI payments with PhonPe integration

      Flipkart app now supports UPI payments with PhonPe integration

      Flipkart users can now make payments using the UPI on check-out via the mobile app. The option was rolled out on Tuesday using a PhonPe app integrations with the latest Flipkart app update, according to the app’s Play Store page. The development was reported by Economic Times. Users could earlier pay for Flipkart purchases using PhonePe, but the PhonePe app needed to be installed on the device to process payments.

      Read Full Article
    14. My Vodafone app is forcing customers to create an m-Pesa wallet

      My Vodafone app is forcing customers to create an m-Pesa wallet

      My Vodafone app, which lets the telecom company’s subscribers to manage their bills, recharges and usage, has been forcing customers to create an mPesa wallet in the latest update. MediaNama confirmed this after reports of some Twitter users said that customers needed to create an m-Pesa account to use to app.

      So, @VodafoneIN is now forcing app users to create a m-pesa account. Can’t use the app without creating a wallet account. Wow, new low! pic.twitter.com/qxcY5GtHoa

      Read Full Article
    73-96 of 15643 « 1 2 3 4 5 6 7 ... 650 651 652 »
  1. Categories

    1. Markets:

      Bollywood, Gaming, Maps/Local, Mobile, Outsourcing, Social Networking, Telecom, Travel, Video
    2. Financing:

      Acquisition, Funding
    3. Other:

      Jobs, Reports