Article on November 23, 2016
Fitness Discovery Platform Froyofit Gets Pre-Series A Funding & 16 More Updates
Google Capital may lead a $13-15 million financing round in Bengaluru-based education startup CueMath, three people aware of the fund raise said.
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Internet Based Services – Ambit Widened & Foreign Companies to Pay Service Tax in India
Under the amended definition, there shall be two primary enablers for a service to be categorized as ‘OIDAR services’, i.e., the service should be provided via Information Technology (using internet or other electronic network) and there should be an automatic delivery of such service, i.e., with minimal human intervention
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Demonetisation Impact: 50% Consumers Plan to Spend Less in Coming Weeks
These were the findings of LocalCircles poll in which over 8000 citizens from over 200 cities of India participated. The poll findings indicate that consumer businesses depending on their nature should be prepared to take a hit in sales anywhere between 20-50%.
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Hunarr: Addresses the Skill Gap and Employability Among Job Seekers
Hunarr shall seek to address the skill gap in the entire country so that job seekers are not limited by availability of certain industries and courses nearby and can hope to gain skills and transform their lives from anywhere in this country.
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Paytm launches App POS to Enable Small Merchants to Accept Debit & Credit Cards
Paytm launches App POS to enable small merchants to accept debit & credit cards Intorductory 0% fee for rupay, visa, master, mastreo debit cards. Expecting 15 million app POS merchant by november end.
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Cloudatix: Markets Digital Solutions for Smartcities
The company has differentiated its services by performing in-house product development to cater the needs of Smart Cities. Solutions provided are apt for people connected with the internet, IoT, Display Networks or those who deal with Analytics.
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Cloud Telephony Company Knowlarity Raises Series C Round of $20M Led by Delta Partners
The latest investment takes the total funds raised by Knowlarity so far to $41 Million USD making it the most capitalised cloud telephony company in Asia.
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Bot Protection Platform InfiSecure Raises $600k Seed Investment from IDG and Axilor Ventures
InfiSecure was launched in March 2016 as a SaaS platform for real-time bot detection and fraud protection. InfiSecure sanitizes a website’s traffic and improves business metrics using a 24x7 active SaaS solution.
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