The start-up will utilise the newly raised capital to enhance features for the video only app.
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Tag: smartphone
Xiaomi to back start-ups that enhance mobile experience: VP Manu Jain
Chinese smartphone maker Xiaomi Inc., the world’s second-most valuable start-up, made its first publicly-disclosed investment in India in April of 2017. It led a $25 million round in online entertainment company Hungama Digital Media Entertainment as part of its strategy to introduce local conten…
Why it is the right time for small businesses to build a mobile app
Mobile apps were once seen as the realm of big corporations who could afford to market them and had the consumer base to benefit. Who would want to download an app for a local restaurant or small online business? However, today the answer to that question is ‘a lot of people’ as more of us [&hell…
JustLikeNew.in raises $500k from angel investors
Smartphone repair e-commerce platform JustLikeNew.in said it has raised funds worth USD 500,000 (about Rs 3.3 crore) through LetsVenture.com, from angel investors Mindtree Executive Chairman Krishnakumar Natarajan and former Oracle India MD, Sandeep Mathur. Existing investors Aneesh Reddy and Vik…
Indian smartphone sales to double by 2020: Report
Smartphone sales in India will double to 200 million a year by 2020 but they will be less than half the number sold in China, according to Euromonitor International. The US smartphone market will shrink in the coming years, letting India overtake it in 2018. India will become the world’s second l…
Mobikwik aims 5X rise in GMV in 2 years
Mobile wallet player Mobikwik aims to generate a gross merchandise value of $2 billion, on the back of reaching 150 million users in about two years’ time, up five times from its present base. The Gurgaon-based company which competes with market leader Paytm, intends to achieve this target …
Siftr magic cleaner launched in six Indian languages
Siftr Labs, founded by former Abode employees Romil Mittal and Mayank Bhagya, launched its junk cleaning app AI powered Magic Cleaner in six Indian languages including Hindi, Marathi, Tamil, Telugu, Kannada and Bengali. The move is part of the company’s strategy to reach out to non-english …
LoveCycles start-up gets funding, unveils app in hindi for women
LoveCycles, a start-up which enables women to keep a track of their menstrual and physiological health via a mobile app, has raised Rs.5 crore from seed-stage venture capital firm Prime Venture Partners. The funding round also marks the official unveiling of the app in India. The firm will use th…
Now, a start-up to track radio cab drivers
Recently, there were reports that the Karnataka government had imposed strict rules on app-based taxi aggregators and radio cab operators. A web-based tech news portal also reported that drivers will have to be trained once a year on safe driving skills. The number of hours the drivers put in wil…