StartUps

GoPro Hero sports and action camera launched for Rs 18,990

By : CIOL Writers

GoPro has launched a new waterproof camera in India. The new entry-level action and sports camera named GoPro Hero is priced at Rs 18,990 and will be available exclusively on Flipkart. The new GoPro Hero joins the likes of Hero6 Black,

Equifax appoints former GE exec Mark Begor as its new CEO

By : CIOL Writers

Equifax announced former General Electric executive Mark Begor as the company’s new CEO. The hire comes six months after Equifax’s former CEO Richard Smith resigned and left Paulino do Rego Barros, Jr. leading in the interim. “I will prioritize continuing our team’s efforts

Bumble files counter lawsuit against Match for stealing trade secrets

By : CIOL Writers

Earlier this month, dating app Tinder’s parent company Match Group sued Bumble for patent infringement. Now, Bumble is returning the favor by filing a lawsuit against Match Group for illegally obtaining trade secrets. The lawsuit filed by Bumble acknowledges that

Uber won’t re-apply for self-driving car permit in California

By : CIOL Writers

In the wake of Arizona’s fatal crash that killed a pedestrian, Uber has decided against renewing its self-driving car permit in California that expires on March 31. Uber said it withdrew its California application because it wouldn’t have been able to

Uber banned from testing self-driving cars in Arizona

By : CIOL Writers

Uber, the world’s largest ride-hailing firm has been barred from testing its self-driving cars in Arizona following the fatal crash that killed a pedestrian while she was crossing the street. Arizona Governor Doug Ducey released a letter sent to Uber

Another retreat for Uber as it sells Southeast Asian biz to Grab

By : CIOL Writers

Uber has agreed to sell its Southeast Asia business to Singapore-based regional rival Grab, marking another retreat for the US company from international operations. Under the agreement, Grab will acquire all of Uber’s operations in a region of 620 million people, including food

Ola eyeing Ridlr to improve navigation technology

By : CIOL Writers

In a bid to improve its navigation technology and add more services like intracity bus and train bookings on its platform, home-grown cab-aggregator Ola is in talks to acquire transportation app Ridlr, according to a Livemint report. Citing people in the

ClearTax, Zebpay partner to help investors deal with cryptocurrency taxation

BANGALORE, INDIA: The rise and fall of Bitcoin have fascinated the investor community. Although virtual currencies were well received by Indians initially, there continues to be confusion around it. Investors are unsure about how to pay tax on their gains

Zensar Technologies gets insurance capability with Cynosure

By : CIOL Writers

Zensar Technologies announced that it is acquiring US-based IT firm Cynosure that focuses on mid-tier and smaller insurance clients for $33 million. As a part of the agreement, Zensar will acquire 100 percent stake in Cynosure for $31 million, plus pay earnouts over 24

Micromax Informatics invests in AI startup One Labs

By : CIOL Writers

India’s homegrown smartphone manufacturer Micromax has invested an undisclosed amount in AI startup One Labs. One Labs operates inOne, a platform that aggregates apps across multiple genres in food, shopping, travel, deals, cabs, news, recharge, games and more. Among the

ICICI bank to ease payment transfer from delivery fleet to Swiggy

By : CIOL Writers

Online food ordering and delivery platform Swiggy has teamed up with ICICI Bank to allow its delivery fleet to make payment transfer seamlessly. With cash-on-delivery being a widely used method of payment on the platform, the digital payment methods allow the delivery men to quickly transfer the

Tinder files a lawsuit against Bumble for patent infringement

By : CIOL Writers

2017 was a year of lawsuits in the tech world. From Uber vs Waymo, to Apple vs Qualcomm, there was no dearth of courtroom drama in the past year. Looks like the legacy continues in 2018 too. Online dating app

Oyo to tap into corporate segment with Novascotia Boutique Homes

By : CIOL Writers

Gurgaon-based, hotel aggregator Oyo has acquired Chennai-based service apartment operator Novascotia Boutique Homes marking Oyo’s entry into the service apartment and corporate executive stay segment. The development was first reported by ET. According to the report, the negotiations for the deal started last October and

Spotify to soon launch its music streaming service in India

By : CIOL Writers

Spotify, the global music streaming platform is finally coming to India. Spotify co-founder and CEO Daniel Ek confirmed the launch at the company’s Investor Day 2018 presentation. “We are working on launching in some of the biggest markets in the

Grofers looks to bolster supply chain with new funds

By : CIOL Writers

Online grocery startup, Grofers has raised Rs 400 crore in a fresh funding round led by SoftBank. The company says that the new funds will be utilised to build more private labels and improve supply chain. Tiger Global, the New York-based

Meet Flex- world’s first fully programmable cloud contact center platform

By : CIOL Writers

Twilio, the cloud communications provider has launched Twilio Flex– a fully programmable cloud contact centre platform. The platform covers multiple channels and allows customers to customize interfaces, routing and reporting. Flex is built on the foundation of Twilio’s Super Network which powers

Waymo partners Google to launch self-driving pilot program in Atlanta

By : CIOL Writers

Waymo is partnering up with Google to launch a pilot program in Atlanta to focus on self-driving trucks and automated logistics. All self-driving trucks from Waymo will be hauling cargo destined for Google’s Atlanta-based data centres as part of the program. The

Niti Aayog launches a entrepreneurship platform for women

By : CIOL Writers

On the occasion of International Women’s Day, Niti Aayog has launched a platform for women to build their enterprises. The Women Entrepreneurship Platform (WEP) aims to build an ecosystem where women do not face any gender-related issues. Anna Roy, head of

Uber hires former Alexa voice shopping chief Assaf Ronen

By : CIOL Writers

Uber has hired former Amazon Alexa voice shopping chief Assaf Ronen, as reported by Recode. Ronen is set to replace Uber’s Head of product, Daniel Graf, who will remain as an advisor and help get Graf up to speed. Uber

Netflix adds video previews to mobile app

By : CIOL Writers

Almost a year after it launched video previews for video content, Netflix is bringing vertical video previews for its mobile app. The new feature will allow Netflix users to sample content with 30-second video previews that are being displayed as