Start-O-Sphere

This 25-year-old IIT Kharagpur grad aims to change fate of construction industry

Wednesday, March 22, 2017

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The necessity of a hefty funding to start a venture has become a thing of the past. The power of the internet, if properly leveraged, can work wonders in minimising the risk of cash crunch in the initial months. Like many passionate young entrepreneurs, 25-year-old IIT Kharagpur alumnus and Indore resident Jayan Prajapati embarked on …

Paytm introduces insurance cover to safeguard wallet balance

Wednesday, March 22, 2017

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New Delhi: Indian e-wallet major, Paytm, announced an insurance cover to protect the money stored in Paytm Wallets. Money lost due to fraudulent transactions as a result of theft, burglary, loss of device or unauthorised access of a user’s Paytm wallet will now be refunded. This cover is being provided to users at no additional cost. …

Flipkart raises $1 billion funding at a valuation of $10 billion

Tuesday, March 21, 2017

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In a bid to boost put up a fight with rival players in the sector, Indian e-commerce giant Flipkart has raised funds to the value of $1 billion and hopes to raise another $1 billion in the coming months. The funding was secured on Friday at the valuation of about $10 billion, which is way less compared …

This device gives real time analysis on driving behavior of your car

Monday, March 20, 2017

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With the advent of technology in today’s day and age, every sector has seen it’s pinnacle. One of the booming sectors are passenger cars and smart phones which have been making rapid progress. Mecarnic– a startup in Delhi, has done a mesmerising job by combining these two technologies without giving much of a pocket pinch. Mecarnic …

FreeCharge raises Rs 30cr from existing investor Jasper Infotech

Wednesday, March 15, 2017

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Digital payments major, FreeCharge, has raised Rs 30 crore from its existing investor Jasper Infotech. According to reports Jasper Infotech, which also owns e-commerce marketplace Snapdeal — which acquired FreeCharge in 2015 — had invested Rs 390 crore in the mobile wallet company earlier this year. ALSO READ: Uber unveils ‘realtime ID check’ in India for rider …

Uber unveils ‘realtime ID check’ in India for rider safety

Tuesday, March 14, 2017

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Uber is rolling out a ‘realtime ID check’ feature to ensure the driver using the app matches the account registered with the ride-hailing platform. The feature is being launched in five cities in India — Delhi, Mumbai, Bengaluru, Hyderabad and Kolkata and more locations will follow, Uber said in a blog post. With the new …

Here is how WhatsApp makes money!

Sunday, March 12, 2017

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WhatsApp co-founder Jan Korum tried to explain that completely private communication was a matter of principle for him, and was something he personally felt strongly about. Having grown up in the USSR during the 1980s, wherein they “couldn’t speak freely without the fear that (their) communications would be monitored by KGB,” that had inspired their …

This is what PayTM has to say about the 2% charge on transferring money

Thursday, March 09, 2017

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PayTM levied this charge and now this what they have to say about their policy. “At Paytm we allow multiple payment options when you buy any product or pay for any utilities. We offer you to pay using Credit Card, Debit Card & Net Banking. Now, we are also adding 2 new payment options — …

This start-up by Stanford student delivers items like deodorant and hangover cures

Monday, March 06, 2017

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Imagine if you are out on vacation and forgot some necessary stuff at home and you had to buy a full pack knowing that you have all these supplies at home, but just not currently with you. Wouldn’t it be great if someone could just bring you a sample size? Well, this is going to …

ArcelorMittal shelves investment plans on tough eco condition

Sunday, March 05, 2017

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Global steel giant ArcelorMittal has decided to curtail M&A and new investment activities following tough economic and market conditions. The world’s largest steelmaker will now focus on asset optimisation and sale of non-core assets. “Due to difficult economic and market conditions, ArcelorMittal has curtailed M&A (Mergers and Acquisitions) and greenfield investment activity,” NRI billionaire Lakshmi …

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