StartUps

LinkedIn undergoes a makeover to bring you more focused experience

By : CIOL Writers

LinkedIn is ringing in 2017 with a much-needed makeover. Doing away with the cluttered, confusing and just flat-out terrible interface, LinkedIn is bringing a simpler, cleaner, app-like look, making the navigating task easier. The new version of LinkedIn is limiting

Aqua App promises to help aqua-farmers yield big returns

HYDERABAD, INDIA: To help over 75,000 farmers engaged in Aqua Culture in Andhra Pradesh and outside, two aqua farmers Ramachandra Raju and Venu Dantuluri have developed an  intuitive and user-friendly mobile application, called ‘​A​qua​ ​App’. AP Fisheries market size is Rs

Slack launches ‘threaded messaging’ to avoid crowded chat rooms

By : CIOL Writers

The workplace communication tool, Slack has introduced one of the most requested updates- threaded messaging on its platform that allows users to directly reply to a single conversation, avoiding confusion with other off-topic comments and requests. The latest feature has

Swiggy launches its cloud kitchen- ‘The Bowl Company’

By : CIOL Writers

The online food aggregator Swiggy, which provides payment and delivery of orders for its partner restaurants, has launched ‘The Bowl Company,’ a cloud kitchen to offer a limited menu where restaurants do not have a physical presence. Swiggy is collaborating

Little acquires online marketplace for salons and spas, Stylofie

By : CIOL Writers

Bangalore-based deals discovery app Little has acquired Stylofie, a curated online marketplace for salons and spas. This is Little’s second acquisition after it acquired Trideals, a Chandigarh-based deals marketplace in October 2015. Stylofie provides services like booking, comparing and rating

FreeCharge will now sell mutual funds on its platform

FreeCharge will now sell mutual funds on its platform. The launch aims at building and strengthening the financial services offering at FreeCharge. FreeCharge also runs an extensive lending program, Capital Assist on its platform. Announcing this new service, Govind Rajan,

NetApp opens global CoE in Bangalore; announces accelerator for data management startups

BANGALORE, INDIA: Karnataka Chief Minister Siddaramaiah has inaugurated the Bangalore Global Center of Excellence of NetApp built on a sprawling 15-acre campus in the city. “The innovations that come from our Bangalore Global Center of Excellence will help customers around the world

Mutual fund investor T Rowe Price cuts Flipkart valuation by 4pc to $9.9 bn

By : CIOL Writers

Two months after an aggressive 38 percent markdown in Flipkart’s valuation by Morgan Stanley, Mutual fund investor T Rowe Price has trimmed the valuation of India’s largest e-commerce company Flipkart marginally by another 4 percent to about $9.9 billion, reports

Microsoft acquires 3D optimization platform Simplygon

By : CIOL Writers

Barely days after acquiring deep learning startup Maluuba, Microsoft has announced a new purchase- Simplygon, a Swedish startup that develops 3D-optimization solutions for game developers and other industries that need to visualise 3D data. “Simplygon’s technology and talent will strengthen

HPE to acquire data-management platform SimpliVity for $650mn

By : CIOL Writers

Hewlett Packard Enterprise has announced a $650 million cash deal to acquire data-storage startup SimpliVity. SimpliVity was founded in 2009 and combines storage, computing and networking into a single system. This category of hardware, known as hyper-converged infrastructure, is a

Practo raises $55mn in Series D led by Tencent

BANGALORE, INDIA: Practo today announced $55mn Series D funding in a round led by Tencent with partcipation from ru-Net, RSI Fund (owned by Recruit Holdings) and Thrive Capital. Existing investors Sequoia Capital, Matrix Partners, Capital G (formerly Google Capital), Altimeter

Chennai-Bangalore route could be Hyperloop’s India debut, travel time 30 mins

By : CIOL Writers

Chennai to Bangalore in just 30 minutes! You read it, right folks. With Hyperloop One having set its eyes on India, this might soon be the amount of time it will take you to travel between the two cities. Mumbai

CommonFloor co-founders quit a year after Quikr acquisition

By : CIOL Writers

Barely a year after real estate portal CommonFloor was acquired by online classifieds company Quikr, the three co-founders- Sumit Jain, Vikas Malpani and Lalit Mangal have called it quits. Founded a decade back, CommonFloor has witnessed a series of employee

BigBasket & Grofers reportedly exploring a merger

By : CIOL Writers

Online grocery marketplaces BigBasket and Grofers India Pvt. Ltd are holding discussion for a possible merger, according to a news report by the Times of India. Apparently, the discussions are in the preliminary stages only and if the deal goes

Microsoft acquires deep learning startup Maluuba

By : CIOL Writers

After acquiring SwiftKey, Microsoft has acquired Montreal-based Maluuba, a research-oriented startup focused on deep learning. Though the terms of the deal weren’t disclosed but as part of the deal, renowned AI expert Yoshua Bengio, the head of the Montreal Institute

Zoomcar to switch to marketplace-only model by year-end

By : CIOL Writers

Self-drive car rental start-up Zoomcar is planning to shift completely to a marketplace model by the end of the year and will sell the cars in its fleet over time. Zoomcar currently has a fleet of 2,600 cars- a combination

FreeCharge aims to reach 6mn users with direct integration within Indus OS

By : CIOL Writers

Garnering over 6 million users, IndusOS is the second most popular mobile operating system in India now. In a bid to leverage such a huge user base, digital payment solution provider Freecharge is partnering with IndusOS to offer a seamless

Paytm introduces new features to make the app lighter and faster

By : CIOL Writers

Making most of the demonetization windfall, the mobile wallet startup Paytm currently garners 160 million users. However, amid this sudden growth, Paytm faced a moment of truth when rumors started floating on social media, that the m-wallets will stop working

Cisco LaunchPad to consider 6-8 innovative digital startups for the second cohort in April

Soma Tah After the successful graduation of its inaugural cohort of eight startups, Cisco LaunchPad announces the opening of the application process for the second cohort which would begin in April 2017. Cisco intends to take abut six to eight startups in

Snapdeal ropes in Housing CEO Jason Kothari as chief strategy & investment officer

Snapdeal has announced the appointment of Housing.com’s CEO Jason Kothari as its Chief Strategy & Investment Officer. He will work alongside co-founders, Kunal Bahl and Rohit Bansal, in this key leadership role and will be joining Snapdeal on January 16,