Brazilian carpooling startup Tripda has raised $11 million (approx. 68 Crore) in Series A funding from an undisclosed New York-based venture capital firm and German incubator Rocket Internet, which will be primarily used to fuel expansion in India. “A lot of this capital will be invested in India to get closer...
Zomato, the restaurant search app, announced today that it has acquired Mekanist in an all-‐cash deal. With the acquisition of Mekanist, Zomato will become the popular choice for anyone searching for places to dine out or order in from, across various cities in Turkey. Zomato’s restaurant coverage will increase...
World’s largest social networking website Facebook has launched an app called Facebook Lite, which is optimized for low-end Android devices. Facebook Lite launched in a limited number of countries across Asia and Africa over the weekend. Depending on the app’s feedback, Facebook Lite may expand to other countries. One of the biggest complaints about...
According to sources a recent report by Brookings Institution, USA revealed that as of 2012, 15% of the International students in USA belong to India. Indian cities accounted for 8 out of the top 10 source cities, especially in engineering and pure science streams. At this time when millions are...
His small-town upbringing notwithstanding, entrepreneur Ashay Sawalkar’s focus and ambition has him headed for big things. Sawalkar, the son of a Central-government employee father and a doctor mother, began working at the young age of 17 and was the youngest team leader working for the Serco Company Intellenet. With the...
With 20 years of practical marketing and communication experience at various multinational companies, Mr. Vineet Arya has worked in establishing new products and brands from scratch. In the corporate world, he found that start-up companies were facing issues in getting experienced personnel in marketing of the company. That is where...
Start-ups are the brain child of any entrepreneur who wish to make changes in the real world with their innovative ideas. But 50 percent of the start-ups fail before they reach their magical ‘cash flow’. There might be hundreds of mistakes because of which a start-up fails; but the common...
Zomato, the restaurant search app, announced today that it has acquired Urbanspoon for an undisclosed amount in an all-cash deal. The acquisition marks Zomato’s entry into the United States. This also establishes Zomato’s presence in Australia and Canada, while adding to its already dominant position in United Kingdom and New Zealand. After...