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  • Google acquires Bangalore-based artificial intelligence (AI) firm Halli Labs

  • Shekhar Chs
    Expert +
    09:44 pm 12 July 2017
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    Google has acquired Bangalore-based artificial intelligence (AI) firm Halli Labs for an undisclosed amount.

     

    The firm which was co-founded by former chief technology officer of now defunct Stayzilla, Pankaj Gupta, announced the acquisition in a blogpost on Tuesday. 

     

    Google’s mission is to organize the world’s information and make it universally accessible and useful. It has pioneered itself to number one in an overwhelming number of markets with its unique services, products, and strong marketing plans.

     

    As

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  • BookMyShow acquires Burrp for mere 6.7 Lakh?

  • Shekhar Chs
    Expert +
    06:26 pm 04 July 2017
  • Burrp is India's oldest food-tech business, which helps people discover eating joints around them. It currently lists over 56,000 restaurants across 12 cities.

     

    The acquisition includes the transfer of Burrp's key assets to BookMyShow, including employees and existing restaurant partnerships.

     

    "Movie going in India is a social activity and food is an integral part of it. This is where Burrp fits in for us. We are excited to have Burrp on board and look forward to benefitting from their experience, technology and partnerships to offer a superior and comprehensive offering to our users," said Mansi Vora, Head- Mergers and

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  • The father of Android is back, and he unveils the most ESSENTIAL phone

  • Shekhar Chs
    Expert +
    02:45 am 31 May 2017
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     The man who created the Android operating system unveiled a brand new smartphone to compete with Apple and Samsung. Andy Rubin's Essential Phone—Essential is his new company—will sell for $699 and only in the US to start. It has a massive screen that takes up nearly the entire front of the phone, wrapping around the selfie camera. It has a larger screen than the iPhone 7 Plus, 128GB of internal storage, and magnetic connectors to attach accessories.

     

      The device will ship with a Qualcomm 835 processor, 4GB of RAM and 128GB of on-device storage, according to the Essential website. The front-facing camera has an eight megapixel sensor and is capable of recording 4K video, while the rear camera is 13-megapixel with a second monochrome senso

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  • Why Do Most Startups Fail?

  • Abhinav Mishra
    Expert +
    02:52 pm 20 March 2017
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    Startups have been the trending topic over the past few years. The number of startups starting every year is increasing and so is the number of startup failing each year. As per report, close to 90% of the startups fail in the first 5 years of business. These are astonishing numbers given; people are still backing their ideas and coming up with new startups daily. If you are part of any such Start-ups’ execution team, then it is very important for you to check the below points which highlight the reasons as to why startup fail -

     

    From overconfidence to arrogance

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  • China's LeEco, running out of cash, may exit India, fires 85% staff

  • Shekhar Chs
    Expert +
    12:32 pm 03 March 2017
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    In a major setback, Chinese conglomerate LeEco has fired 85% of its employees in India, reported The Economic Times.

     

    The company's office in Mumbai and Delhi are said to be left with a minimal staff and the company is now firing people at its research and development centres in Bengaluru.

     

    The layoffs closely follow the resignation of its smart electronics business Chief Operating Officer Atul Jain and internet applications, service

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  • With additional 177 million dollars investment in Paytm's marketplace, Alibaba to take on Flipkart and Amazon in India

  • Shekhar Chs
    Expert +
    08:01 pm 02 March 2017
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    Chinese e-commerce major Alibaba along with investment firm SAIF Partners is leading a $200 million (Rs 1,350 crore) round in Paytm, the demerged online marketplace unit of online wallet and digital payments company One 97 Communications, which operates under Paytm brand. 

     

    According to a filing with the Registrar of Companies earlier this week, Alibaba's Singapore unit will invest $177 million into Paytm E-Commerce Pvt. Ltd. with the remaining $23 million will be invested by SAIF Partners, an early investor in Paytm.

     

    With the investment from Alibaba, the marketplace unit of Paytm has also achieved unicorn status, with the funds being used to

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  • Ola valuation down by 30%, raises $350 million led by Softbank

  • Shekhar Chs
    Expert +
    07:07 pm 27 February 2017
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    Ola the online cab aggregator, has raised USD 350 million from a clutch of investors lead by Softbank reports The Financial Express. 

     

    The latest round of funding of $300 million plus has been led by Softbank and also includes other existing investors, according to sources. Ola has been in the market for raising fresh round of funding over the last six months at a valuation of $5 billion.

     

    According to Ola’s latest profit and loss details, the cab aggregator po

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  • Alternative to Yelp in India!

  • Abhinav Mishra
    Expert +
    05:28 pm 24 January 2017
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    When you go to a new restaurant or to a car/bike service station or buy a new phone, you are eager to share your experience with your friends and family in both the possible scenarios – if the experience is good you would like your closed ones to experience it, on the other hand if experience is not good then also you would like to tell them so they don’t go for it.

    People have always been sharing their experiences; the difference that has come recently is the ease of doing it. Now sharing your experience just takes a minute and it reaches not one or two people but thousands of people who could be

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  • Youngest CEOs of India

  • Abhinav Mishra
    Expert +
    06:11 pm 18 January 2017
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    Over years people have related Start-up’s success rate with age of its founders. This mindset has changed somewhat in the past few years because of success of some start-ups whose CEOs are under 30. Though experience is key driver for entrepreneurship but it is not a mandatory one. The CEO of 4 biggest companies today were all under 30 when they started their journey -  Facebook (20), Microsoft (20), Apple (21), Google (25). Here are successful and young CEOs from India –

     

     

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  • Time to stop cash on delivery in India? Gym Trainer Kills Flipkart Delivery Boy For a smartphone!

  • Pooja Pandit
    Expert +
    04:26 pm 15 December 2016
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    A Flipkart delivery man was killed by a gym trainer to get hold of the smartphone parcel he ordered without paying money in Bengaluru, reported NDTV.  The 29-year-old man’s body, throat slit, was found in a life shaft. 

    “Varun Kumar, a 22-year-old gym trainer, has been arrested for murder.”
     

    According to the police, Swamy was brutally murdered as K Varun Kumar, a gym-trainer by profession, did not have the money to pay for a Chinese phone he had ordered.
     
     
     When swamy didn't return home for two days, his family filed a missing report, and the police tacked down his last delivery point – the gym.
    Following the murder of the employee, Flipkart r

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