WedMeGood, a portal that helps prospective couples plan their wedding in-advance has raised Rs 2.7 crore from Indian Angel Network, led by Hemant Kanakia and Alok Mittal. Hemant will be joining the board of the company. Funding to be used for upcoming mobile app.
LafaLafa, a mobile-first coupons and cashback app has been chosen for 500 startups, an early-stage seed fund and incubator program aimed at small-and-medium-sized startups. It offers coupons for 500+ websites. Users get extra Cashback when they tap, visit and shop at any of the partner stores.
Jabong is up for sale and the valuation is being pegged between $500 million and $800 million. AB Kinnevik, the largest shareholder of Global Fashion Group is reaching out to other potential suitors for the sale. Kinnevik is also negotiating on behalf of Rocket Internet, which owns mores than 21% of GFG.
Mekin : “I realise that there are more critical problems for people in India that stay unsolved, some of which cannot be solved with a for-proft mindset”. Mekin joined Flipkart in 2009 and was leading several initiatives like PayZippy and was recently the chief people officer.
Portea currently operates across 24 cities and handles 60,000 visits in a month to patients’ homes. The company will utilise the funding to grow in other markets elsewhere in the region, including Malaysia. Portea earlier raised $9 mn in Series A? funding from Accel, Qualcomm Ventures and Ventureast.
With these acqui-hires, Housing.com acquires quality talent from premier institutions such as IIT Delhi and BITS Pilani.Housing now has more than 2551 employees in over 50 cities across India. With Plat, Housing.com strengthens its technology know-how to better cater to the needs of the agent community.
Tumbr’s co-founder Marco Arment, who developed a popular ad-blocker for iOS, has pulled out the product, citing concerns that the tool could hurt independent web publishers.The paid app was recently added to the new version of iOS. It generated $113,521 in gross proceeds in the 36 hours it was live.
Microsoft’s Linux based OS named Azure Cloud Switch (ACS) is built for devices like switches and routers. ACS wilalso run Switch Abstraction Interface to support multiple platforms and hardware with flexible capabilities to scale down the software and develop features required for better networking.
Drivers, when they attempt to call the customer from their Ola device, shall not see the customer’s mobile number but will automatically be routed through an encrypted number to the customer. With this, driver-partners will not bear the cost of calls made to customers, since they would now be routed directly through the device.