App Uninstalls And Retention : First 3-7 Days Matter

An average app’s usage retention drops to just 9% after 3 months, even if it still remains installed on 90% of devices. That usage retention rate drops even lower to just 3% for an average game, showing how challenging the app gaming market remains.

Ratan Tata Invests In Retail Tech Startup SnapBizz

In January 2016, SnapBizz had announced a Series A funding of $7.2 million led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures. SnapBizz currently works across Mumbai, Pune, Delhi, Hyderabad, Chennai and Bangalore and aims to expand its footprint across other tier 1 and 2 cities.

Online Rental Marketplace, Rentsher Raises $300,000 In Seed Funding

RentSher is a marketplace for rental products with end to end services from choosing and booking the product online to delivery and pick-up. It is currently operational in Bangalore and Delhi. RentSher is founded by alumni of IIT Delhi and Oxford University – Abhijit Shaha, Harsh Dhand and Karandeep S Vohra.

Snapdeal Raises $200 Million Led By Canadian Pension Fund

Delhi based e-commerce player Snapdeal has raised $200 million led by Canada’s Ontario Teachers’ Pension Plan. Iron Pillar and other investors also participated in the funding round. The company had earlier raised $500 million from Alibaba Group, Foxconn Technology Group and existing investor Softbank Group.