Start-ups

Magicbricks to boost up analytics arm, acquires Properji.com...
18 Mar 2016 Published by Rahul Verma 291 Views

Online real estate solution major Magicbricks has acquired property analytics portal Properji.com to expand its analytical forte with detailed project reports helpful to consumers for buying decision.Bengaluru-based Properji.com provides detailed analysis to make valuable suggestion to buyers, based on reports before taking crucial decision.Under the umbrella of Invact Technologies Pvt. Ltd, Properji.com, has started its operations in 2013.The sluggish real estate market has put buyers sentiment..

HDFC to power stratups with 'SmartUp' ...
16 Mar 2016 Published by Rahul Verma 314 Views

HDFC Bank, the front-runners in banking process in India, has pushed ‘SmartUp’, a dedicated solution for startups, to bestow all their banking needs.The SmartUp has been introduced this service in association with Mumbai-based Zone Startups India (ZSI).SmartUp is tailored to meet all the requirements of a startup, offering banking and payment solutions, along with advisory and Forex services.The benefits of SmartUp current account include—waiver of AMB (average monthly balance) for the fir..

TVS motors joins hands with Snapdeal to retail its two-wheelers ...
16 Mar 2016 Published by Rahul Verma 207 Views

India-based TVS Motors Company has expanded its customer reach with online selling in partnership with marketplace Snapdeal. The company’s nine two-wheeler products will be floated on booming retail platform.The company will give customer’s preference to decide on select the model, colour and dealership of their product on 'Snapdeal Motors' platform. J S Srinivasan, vice-president, sales and services, TVS Motor Company, said,  "We are excited to partner with Snapdeal to expand our..

Big moment for buyers! Real Estate regulator is reality ...
10 Mar 2016 Published by Rahul Verma 390 Views

The wait is over for the buyers seeking transparency and firmness in delivery of their dream homes, as the Real Estate (Regulation and Development) Bill 2005 cleared in Rajya Sabha. The flow of unaccounted money and bringing back buyer’s confidence in real estate is the priority of this real estate regulation. The developer will have to maintain escrow account, of which 70 % money from buyers in third party account to be maintained, later to make use for purchased home. The bill..

The bumpy demand now hits Ola’s youngest verticals...
10 Mar 2016 Published by Rahul Verma 200 Views

Online cab aggregator firm, Ola has discontinued its grocery and food delivery service, Ola store and Ola café, that were launched just a year back.According to media reports, customers received mail from Ola, said ‘Ola Store won't be available from next week.’The food delivery service has caused hiccups for start-ups, while funding is slow down the pace of companies. In the tempest of slow recovery, margin and low demand, Flipkart, Grofers, PepperTap and Paytm had restricted or clogged ser..

Quikr expands portfolio with ‘DoorStep’...
09 Mar 2016 Published by Rahul Verma 193 Views

Leading online classifieds company Quikr, has launched its new vertical, ‘DoorStep’,  to grow beyond listing business to convenient E-commerce for pre-owned goods.The company will facilitate transaction and pickup for used goods listed online across the country.The door-to-door online initiative will provide platform for used goods including mobile phones, electronics and appliances and household furniture buying-selling.Talking about this move, Pranay Chulet, Founder & CEO, Quikr s..

‘Digital Wallet’ to rule the future of hassle free transactions in India...
06 Mar 2016 Published by Rahul Verma 287 Views

The online marketplaces are getting bigger, so is the payments via smartphone, augurs well for ‘digital wallet’ ecosystem for hassle free transactions in India.  According to a report, “India Mobile Wallet Market Opportunities and Forecast, 2020”, mobile wallet market in India is projected to reach US$ 6.6 billion by 2020.”The current ecosystem is surrounded by PayUmoney, MobiKwik, Oxigen, FreeChargeCitrus, Novo Pay, and most of the banks offer wallet facility for customers in Ind..

Ola, Uber starts bike taxi service in Bengaluru...
05 Mar 2016 Published by Rahul Verma 341 Views

Bengaluru is now turning to a turf of sharp contest over on-demand bike taxi initiative, online app-based cab aggregator Ola and Uber have introduced a similar services.The arch rivals made decision to start two wheeler service after growing demand of bikes in personal transport, also cheap and ease over messy traffic in metropolitan cities.UberMOTO service, will have a base fare of Rs.15, Rs.3 per km meanwhile Ola will charge Rs.2 for every km apart from Rs.1 per minute ride time charge, on a b..

Flipkart introduces online wallet Flipkart Money...
05 Mar 2016 Published by Rahul Verma 173 Views

To take on rivals like Freecharge and PayTM, online marketplace Flipkart is taking rout of digital wallet for payments. The 'Flipkart Money' could help it avoid costs related to handling cash on product returns and offering users a new mode of payment. Flipkart Money will take on online wallet sources Paytm, Freecharge and MobiKwik, to help users with cashbacks and discounts. The users have freedom of Rs 25,000 a month using their credit cards, debit cards or via net banking. Ca..

Ratan Tata empowers housing solution startup NestAway...
03 Mar 2016 Published by Rahul Verma 223 Views

Business tycoon Ratan Tata has invested an undisclosed amount in home rental startup NestAway Technologies. The home rental startup manages unbranded, unfurnished houses into fully furnished and managed apartments to verified tenant. As a venture capitalist Tata has backed eighth personal investment in a start-up in 2016 so far, to the e-commerce, automobiles, retail, jewellery and telecom player Xiaomi. NestAway was initiated its support in year 2015, mentored by Amarendra S..

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