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Saturday, October 12, 2013
Flipkart raises $160M afresh, total funding hits $540M; Hushbabies' founders asked to move out by investors, CEO also quits; Unirow, Unbxd, Karma Recycling, Idea Device, Pokkt and IndianMoney raise funding & other stories
Week At A Glance
Internet
Amazon acquires e-learning startup TenMarks Education co-founded by techTribe founder Rohit Agarwal
Web conferencing startup uniRow raises $1M from global investors; former Knowlarity founder joins as COO
Meet the new investors at Flipkart
Excl: Hushbabies' founders asked to move out by investors; CEO Sridhar Seshadri leaves
Amazon launches online payment service; users can now pay via Amazon account at third-party site
Google's technical glitch sent chats intended for one person to another; hope you didn't curse your boss on it!
Flipkart raises $160M more from Morgan Stanley, Vulcan Capital, Tiger Global, others
Snapdeal ties up with ReGlobe to enable exchange of old gadgets for instant cash
Times Internet to bring Indian edition of Askmen, key competitor of its own men's lifestyle portal Mensxp
Tweeter stock symbol changed following Twitter mix-up
Dhingana crosses 9M monthly active unique users; 50% from outside India
Hyderabad Angels invests in B2C financial advisory startup IndianMoney.com
Seedfund-backed gadget accessory store Dailyobjects.com launches customisable accessories, to raise $1.6M in 2014
Rocket Internet forays into real estate classifieds, launches listing portal Lamudi in Asia, Africa and Latin America
Former Amazon exec Atif Rafiq joins McDonald's as first chief digital officer
Google to bring YouTube to television screens in India via DTH providers
Twitter gets 'buy' rating even before listing
Is Kalaari-backed baby products e-tailer Hushbabies shutting shop?
Nexus-backed real estate portal Housing.com launches price heat maps; what's on offer?
CIIE, Infuse Ventures & ADB launch cleantech startup incubation programme, to provide $40-800K to each select venture
Memories of Facebook cloud Twitter's IPO
Mobile
Bangalore-based Gecko raises $50K in crowd funding, with contribution from Apple's Steve Wozniak
App Tracker: Amazon India's Android app comes across as glitch-free but won't let you buy digital goods yet
BlackBerry co-founders considering bid for company
MapmyIndia launches social navigation app 'Explore', enables users to find places of interests
RBI considering development of SMS-encrypted, handset-agnostic app for mobile banking
Social media management app JustUnfollow acquires 3Crumbs & JustMigrate
Fashionistas refresh wardrobes, swap clothes with new apps
Alternative mobile payment platform Pokkt raises seed funding from Jungle Ventures & Samir Bangara
Mobile messaging app Line crosses 10M users within 3 months in India, inks deal with Sony
Gadgets
Google's Chromebook to be available in India from October 17, starting at Rs 22,690
Nokia launches Lumia 1020 with mammoth 41MP camera in India for Rs 49,999, gets the pricing wrong
Lenovo tops PC makers, industry sales decline in quarter
Samsung launches world's first curved-screen phablet Galaxy Round, comes with Ultra HD recording & quad core processor
LG launches sharper-display tablet, joining rivals to tackle Apple
Enterprise
Product recommendation platform Unbxd secures $2M in Series A from IDG Ventures and Inventus
Bangalore-based Idea Device raises $4M in Series A funding from Sequoia Capital
SaaS-based learning platform WizIQ claims 8K paid users, to expand to Bangalore next month
Q&A
We are doubling revenues every quarter: Reach Accountant founder Robin Moses
VIDEO
Info Edge-owned Meritnation looking to enter B2B segment and international markets, attracting 4-5k signups daily
Op-Ed
The Rise of Fat Venture Capital
The trade off faced by IT players: Scale up at the expense of profitability or focus on earnings even if growth slows
Capitalising on opportunities in local commerce
Other
TC Debate: Are Indian investors too stringent when it comes to investing in early stage startups?
Launching second edition of Techcircle Digital Gaming Forum 2013; block your calendar now
Here's all that Indian startups looking to list without an IPO need to know
Excl: E-waste management startup Karma Recycling secures seed funding from Safexpress' Rubal Jain & SPML Infra's Rishabh Sethi
Identify the next big businesses in Indian education space at VCCircle Education Investment Summit 2013
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