india
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India’s Restaurant Search App Zomato Raises $50M At $1B+ Valuation, Buys MaplePOS
Time to loosen Zomato‘s belt: the Indian startup whose restaurant search app is now used in 22 countries is growing some more. The company has raised $50 million more in funding, and it has made its first acquisition of a product outside of the restaurant search space: it has bought payments platform MaplePOS. The funding values the startup at over $1 billion, a source close to the… Read More
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Xiaomi Expands Its Online Retail Channels In India And Inks First Offline Sales Deals
Xiaomi is broadening its horizons in India with news that its Mi devices will soon be available through two of the country’s major e-commerce sites, and offline retailers for the first time. Thiel Fellow Raises $25M For OYO Rooms, A Network of Branded Budget Hotels in India
In the largest funding round to date for a Thiel Fellow project, Ritesh Agarwal has raised $25 million from Lightspeed, Sequoia and others to build a branded budget hotel network across India. Called OYO Rooms, the company partners with property owners across India and makes sure that their facilities meet a baseline of requirements from linen quality to breakfast to Internet access for… Read More
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Publishizer Is A Crowdfunding Solution That Connects Authors With Publishers
As a seasoned self-published author with an excess of one book under my belt, I’ve been looking for new and interesting publishing tools for indie writers. Recently I found something called Publishizer, a crowdfunding system just for books. While I’m not entirely convinced it’s the way to go for new authors, it does seem like a compact and focused solution for getting your… Read More
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India’s FreeCharge, Which Gives Users Coupons When They Pay Bills, Raises $80M Series C
FreeCharge, an India-based mobile commerce platform that gives users coupons and other rewards when they pay their phone, satellite television, and utility bills, has raised an $80 million series C. The round included new investors Valiant Capital Management and Tybourne Capital Management, as well as returning investors Sequoia Capital, RuNet, and Sofina. Read More
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Samsung Launches Its First Tizen-Powered Phone, The Z1, In India For $92
After plenty of speculation and aborted launches last year, Samsung has finally outed its first phone powered by the Tizen operating system. The Samsung Z1 is coming to India initially, where it is available to buy for 5,700 INR — that’s around $92 — from today. Twitter Is In Talks With India’s ZipDial
We have heard that Twitter is making another acquisition, with international growth and mobile marketing in mind. Sources tell us that Twitter is in negotiations to buy ZipDial, a startup founded in India that has honed in on a mobile use case that is unique to its home market and others like it. People who call numbers but hang up before the call is answered, using the action as a… Read More
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OnePlus Allowed To Resume Sales In India After Court Order
Earlier this month, Chinese smartphone maker OnePlus stopped sales in India after a New Delhi court upheld a complaint by rival Micromax. Now the ban has been lifted and OnePlus will be able to start importing and selling devices again. Xiaomi Ready To Talk Patents With Ericsson After Sales Ban In India
Chinese phone company Xiaomi has said it is ready to talk to Ericsson to overcome a temporary ban that was slapped on its smartphone business in India. Uber Faces Legal Action In India Following Arrest Of Rape Suspect
A suspect in the alleged rape of an Uber customer by her driver in New Delhi, India has been arrested. The man is named Shiv Kumar Yadav, and he will go before a New Delhi court on Monday, according to Reuters.
Madhur Verma, New Delhi police deputy commissioner, said that Uber may also face legal action for failing to run background checks and failure to have a GPS device in the car. Read More
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