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Snapdeal Files FIR Against Former GoJavas Promoters For Cheating And Forgery

Snapdeal-GoJavas

Snapdeal Has Filed A FIR Against Praveen Sinha, Abhijeet Singh And Ashish Chaudhary Jasper Infotech, aka Snapdeal, has filed a FIR against the promoters of Quickdel Logistics Pvt Ltd, the parent company of the ecommerce logistics company, GoJavas. The FIR comes at a time when Flipkart is conducting due diligence on Snapdeal as part of

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Paytm Seeks RBI Licence To Set Up Money Market Fund

Paytm Bank

Paytm, after launching the Payments Bank is now trying to enter the mutual fund space. Founder Vijay Shekhar Sharma has reportedly applied to the RBI for a license to set up a money market fund. A money market fund is a type of mutual fund characterised as one with low-risk, low-return on investment. It usually

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MobiKwik Raising $100 Mn-$150 Mn Round To Catapult It To Unicorn Club

Mobikwik

Once The Funding Goes Through, MobiKwik Will Become India’s 12th Unicorn.   MobiKwik is in talks to raise a fresh round of $100 Mn-$150 Mn and this new round will take its valuation to $1 Bn, making it a Unicorn. This development was revealed by co-founder Upasana Taku to TechCrunch. Its close rival Paytm is

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Uber Pilots UberPASS In 4 Metro Cities To Entice More Riders

uber pass

Similar To Ola Select, UberPASS Will Provide Cab Riders With Exclusive Benefits And Discounted Fares Uber India has started the pilot of UberPASS for its riders in selected metro cities. UberPASS service is similar to Ola Select. UberPASS will allow the cab riders to get discounted fares and exclusive benefits. This includes choosing the top-rated

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Ola In Trouble Again, Founders Booked For Playing ‘Pirated Music’ On Ola Play

OLA PLAY PROBLEM

Cab aggregator Ola is in trouble again, this time for using pirated music on Ola Play. A Bengaluru-based label company Lahari Recording Company has registered a complaint of copyright infringement against Ola’s parent company ANI Technologies. Founders Bhavish Aggarwal and Ankit Bhati are also accused in the complaint, for streaming pirated music via its platform

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Government Fast Tracks Insolvency Resolution Process For Indian Startups

insolvent

The Insolvency and Bankruptcy Board of India (IBBI) has introduced the fast track insolvency resolution process for small companies. The new norms provide the process of initiating the insolvency resolution till its conclusion by the adjudicating authority. The fast track insolvency resolution regulations came into force on June 14, 2017. As stated by the Ministry

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WP Engine Launches Content Performance Analytics Tool

Wordpress

WordPress digital experience platform WP Engine is out this week with a new analytics product that marries data from Google Analytics with its own info on site performance. Called Content Performance, it is designed to provide greater insights into how well content is doing. Unlike Google Analytics, it measures categories, authors, posts and tags, so

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Facebook Brings Value Metrics to Campaigns to Help Advertisers Target the Best Customers

Facebook Targeting

One of the most important dances that digital advertisers perform is the maximization of revenue on a minimal budget. It is quite remedial, really; the goal is to optimize the value of campaigns. Well, now Facebook can help you with that. Two new features have been launched by Facebook: Value Optimization targeting and value-based Lookalike

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Apple Adds Indoor Mapping For Malls & Airports, Do Not Disturb Mode

Apple

Apple has been developing indoor location and mapping for several years. Now the company is finally sharing the fruits of that effort in Maps for iOS 11. Among the dizzying array of announcements Monday at Apple’s developer conference, the company showed off an updated Apple Maps that includes indoor location for shopping malls and airports.

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Alibaba Acquires Majority Stake In Indian Ticketing Startup TicketNew

Alibaba TicketNew

Alibaba Pictures, the entertainment unit of China’s ecommerce major Alibaba Group, has reportedly acquired a majority stake in Chennai-based TicketNew for an undisclosed amount. Post acquisition, Alibaba will have four representatives on TicketNew’s board and the firm’s promoters will have two of their representatives. TicketNew founder and CEO Ramkumar Nammalvar will continue to spearhead the

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