Uber expands to 7 new Indian cities including Bhubaneswar, Coimbatore, Indore, among others

By on July 1, 2015 at 5:33 PM.

Uber expands to 7 new Indian cities including Bhubaneswar, Coimbatore, Indore, among others

Uber may be facing problems in certain regions of India, but that isn’t stopping it from expanding to other places. Today, the company announced that it is expanding to seven new Indian cities that include the likes of Bhubaneswar, Coimbatore, and Indore, among others. More →
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After Paytm and Xiaomi, Ratan Tata picks up stake in OlaCabs

By on July 1, 2015 at 3:44 PM.

After Paytm and Xiaomi, Ratan Tata picks up stake in OlaCabs

Ratan Tata is on an investment spree, and the latest in line is Ola. CEO and co-founder Bhavish Aggarwal made the announcement on the company’s blog, though he didn’t reveal how much stake Tata picked up.  More →
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Housing.com CEO Rahul Yadav fired for his ‘behavior towards investors, partners and the media’: Report

By on July 1, 2015 at 2:29 PM.

Housing.com CEO Rahul Yadav fired for his ‘behavior towards investors, partners and the media’: Report

Housing.com has been in the news recently for all sorts of wrong reasons, mostly because of its eccentric CEO Rahul Yadav. The company however seems to be putting an end to all this, and has reportedly fired Yadav, Economic Times reports. Update: Housing.com has released an official statement regarding the sacking of Rahul Yadav. (see below) More →
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India’s app usage outpacing global growth: Yahoo Analytics

By on July 1, 2015 at 11:02 AM.

India’s app usage outpacing global growth: Yahoo Analytics

Yahoo's Flurry Analytics on Tuesday said India's app usage is growing at a rate of 131 percent year-on-year outpacing global growth. The report from Flurry's team is backed by data gleaned from over 700,000 apps and 1.8 billion devices from across the world, and the 42,000 apps and 82 million devices from India, that use Flurry, Yahoo said in a release. More →
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Alibaba looks to increase stake in Paytm to 40%, to invest additional Rs 4,000 crore: Report

By on June 30, 2015 at 4:54 PM.

Alibaba looks to increase stake in Paytm to 40%, to invest additional Rs 4,000 crore: Report

After picking up 25 percent stake in Paytm earlier this year, Alibaba is said to be looking to invest further in one of India's most successful startups. According to an Economic Times report, the Chinese online giant is in advanced talks with Indian m-commerce company to increase its stake to 40 percent, testifying its faith in the rapidly growing online business sector in the country. More →
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Airtel is now the third largest mobile operator in the world

By on June 30, 2015 at 3:10 PM.

Airtel is now the third largest mobile operator in the world

Bharti Airtel on Tuesday said it has become the third-largest mobile operator in the world in terms of subscribers. As per the latest data published by World Cellular Information Service, Bharti Airtel, with over 303 million mobile subscribers across its operations, has moved up one position in the global rankings. More →
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