To deliver high-speed internet in remote area, Facebook has developed an amazing medium that utilizes laser beams. The progress of the project is elevating; as Aquila, Facebook’s drone was tested for the very first time, which has delivered connection speeds of almost 2Gbps. The information was penned by 04 members …Read More »
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On 20 July 2016, Facebook celebrates its new achievement by getting 01 billion active monthly hits. Facebook messenger is thanking its user, for making it a great hit. With its continued increase in monthly users, Facebook Messenger gives a strong competition to Whatsapp Messenger by achieving 01 billion monthly …Read More »
A Mumbai-located cargo transport company, Truckola has raised angel funding of Rs 4 crore from Fortune Interfinance (FIFL) led by Abhishek Agarwal Other Investors that took part in angel round include SarathSura, Chairman of GreyCampus; Krishnakumar Natarajan, Sarthak and Nihit Agarwal of Shubhalakshmi Polyesters; Executive Chairman of Mindtree; Al Hamra …Read More »
NowFloats, website development firm that creates websites for small & medium-sized companies (SMEs) obtained a chat commerce platform, LookUp, based in Bengaluru. In an interview with YourStory, CEO of Nowfloats, Jasminder Singh Gulati has agreed to their collaboration with LookUp, which is now become a part of NowFloats. The details …Read More »
Created by Bird Eye Systems, Ridlr, a Mumbai-based public transport app has raised a Series B round of funding worth $6 million from Times Internet, and its current investors includes Matrix Partners and Qualcomm Ventures. InnoVen Capital also contributed in this funding round. According to YourStory Interview with Co-founder Brijraj …Read More »
Online Travel Agent, Yatra Online, Inc., and NASDAQ-listed Terrapin 3 Acquisition Corporation (TRTL), have declared that they have signed a definitive agreement to combine in a deal that values Yatra at a company value of $218 million. Terrapin 3 Acquisition Corporation (TRTL), a US-based special purpose acquisition company that was …Read More »
On Friday, 15 July 2016, ShopClues, an online marketplace has acquired Momoe, a Bengaluru based mobile payments firm to develop a secure payment arm to its business. As per the news published in The Economic Times, the overall cost of the deal secured at $10-12 million and paid in cash …Read More »