Mobile-First Coupon Aggregator LafaLafa Chosen For 500 Startups

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.

For Sale : Jabong

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.

Portea Secures $37.5 mn In Series B Funding Led By Accel

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.

Housing Acquihires Plat & Big BHK; Strengthens Its Supply Side Portfolio

With these acqui-hires, 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, strengthens its technology know-how to better cater to the needs of the agent community.

Prominent ad-blocking App, Peace Pulled Off From Apple Store

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 Develops A Linux-Based OS for Networking Devices

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.

Ola Enhances Safety With ‘Number Masking’ Feature

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.