india
Auto Added by WPeMatico
Smartphone sales growth will drop to single digits in 2016, says Gartner
Analyst Gartner is expecting a big drop in smartphone sales growth, projecting the market will shrink from 14.4 per cent growth in 2015 to just 7 per cent in 2016 — with only 1.5 billion smartphone units being shipped globally this year. The high watermark for smartphone sales was back in 2010, when Gartner notes the market grew 73 per cent. The signs of a slowdown in the global… Read More
Powered by WPeMatico
Tim Cook admits ‘prices are high’ for iPhones in India
Apple CEO Tim Cook made an uncharacteristic admission today in an interview with Indian news channel NDTV — that iPhones are too expensive. He immediately qualified it, and the context really is important, but it’s just one of those things you don’t hear very often. India’s top smartphone makers come under pressure from Chinese rivals
India’s smartphone market is heralded as the largest opportunity in mobile right now, but the country’s top players are being disrupted as newcomers, mainly from China, rush into the country. Indian online lending platform Capital Float picks up $25M Series B
Apple’s new iPhone SE unlikely to make a splash in Asia despite low price
Apple’s newest addition to the iPhone family may be its cheapest phone yet at $399, but the four-inch iPhone SE isn’t likely to move the needle in emerging markets, where the lion’s share of growth in the handset industry lies. Google Capital invests in Girnar Software, owner of Indian auto portal CarDekho.com
Girnar Software, which runs several auto portals in India including CarDekho.com, has raised an undisclosed amount of new funding from Google Capital, with participation from returning investor Hillhouse Capital. Contract management software maker Icertis raises $15M Series B
Icertis, which develops cloud-based software that helps large companies manage contracts, has raised a $15 million Series B led by Ignition Partners. Farmville Co-Creator Mark Skaggs Joins Indian Mobile Gaming Startup Moonfrog Labs
The distance between Zynga’s offices in the United States and a gaming startup in Bengaluru might seem far, but it was a straightforward road for Mark Skaggs, who is best known as the co-creator of FarmVille. Five months after leaving Zynga, Skaggs is taking on a new role as a director at Moonfrog Labs, where he will develop new smartphone games for Indian players. Read More
Powered by WPeMatico
Amazon Acquires Emvantage To Build Its Online Payment Platform In India
Amazon will acquire startup Emvantage for an undisclosed amount to develop its Indian e-commerce site’s payment platform. In a press announcement, Amazon said the Noida-based company’s employees will start working for Amazon’s payment team after the transaction is completed. Read More
Powered by WPeMatico
Storm Ventures Launches $10M Fund For Indian SaaS Startups
Earlier this week, Indian Prime Minister Narendra Modi introduced a set of initiatives, called Startup India, designed to help the country’s fledgling tech companies and their investors. One of the first Silicon Valley venture capital firms to take advantage of Startup India is Storm Ventures, which just launched a new fund for SaaS startups in India. Read More
Powered by WPeMatico