Delhi based incubator 91springsboard has joined hands with netGSV, a US based incubator. The partnership will help portfolio companies of Indian incubator to gain exposure of Silicon Valley’s technology and startup ecosystem along with access to global investors and entrepreneurs.
Similarly, netGSV’s portfolio startups will have a chance to explore Indian market and use 91springsboard facilities. The US based incubator cum co-working space provider will also co-invest in Indian startups along with the Indian incubator.
Rick Rasmussen head of International Business Development at netGSV will serve on the advisory board of 91springbopard.91springsboard, which also provides co-working space to portfolio companies, has 41 startups working out of their space with over 90 members.
Gozoop acquires Social Media firm Red Digital
Mumbai headquartered cross digital agency, Gozoop, has acquired Red Digital, a social media agency. Post acquisition, employees and clients of Red Digital will become the part of Gozoop brand. Red Digital has a clientele which includes Mumbai Indians, Dell, PepsiCo, BMW, Parker Pens, Adidas and PVR.
Though the deal size was un-disclosed, the transaction was reportedly valued at Rs 7 cr.
Rohan Bhansali, CEO and Co-Founder, Gozoop declined to comment on the deal size.
Currently, Gozoop has operations in Dubai and Singapore along with India and generates 65% of the revenue from the international operations. Established in 2010, Gozoop provides social media marketing, SEO, media buying and other services.
BigBasket introduces Pay on Delivery Feature With Ezetap’s Mobile POS
BigBasket.com, a Bangalore based online grocery portal, has introduced Mobile POS based payment feature for its users across Bangalore, Mumbai and Hyderabad.
Using Ezetap’s, low cost mobile payment solution, users can pay their payments through credit and debit cards.
Delivery agents of the grocery portal will use their mobile phones as a secured terminal for credit card payments. A pocket size card reader and an Android phone of version 2.2 or higher is required for enabling the application.
Consumers can order online like before, just instead of cash payments, electronic payment will be processed at the time of delivery using Ezetap “Card on Delivery” service. This will ensure secure transactions and will eliminate the hassles of cash payments.