Hike messenger, India’s homegrown competitor to Whatspp, has touched an important milestone – it claims to touched have 100 million users. Started in December 2012, Hike has seen a steady growth in its users since its inception, though it saw stiff competition from Whatsapp among India’s user base.
Capgemini has appointed Srinivas Kandula as chief executive officer for India, replacing Aruna Jayanthi, who has moved to a global role within the group.
British bank Barclays Plc will shut its cash equities division in India. This is in line with a decision to exit this business across the Asian region. The move is expected to result in around two dozen job cuts.
For the thousands that mill around Mumbai Central waiting for their trains every day, there’s now a new distraction. Google’s much-anticipated Wifi service for Indian stations launches tomorrow at the station. Waiting commuters will now be able to access high-speed Google powered Wifi at the station premises.
Housing has raised Rs. 100 crore from Softbank in new round of funding. Softbank is already the largest investor in Housing and has a 33% stake in the company.
CREO, a Bangalore based Technology Company, has secured $3 Million funding from Sequoia India, Beenext Ventures and India Quotient.
Eight Indian startups are a part of Google’s first ever Launchpad Accelerator that began on Monday in Silicon Valley.
Housing.com has appointed Snehil Buxy as its Chief Product Officer. Buxy was a part of the original 12 member founding team of Housing. The 26 year old was also close to former CEO Rahul Yadav.
“Your urging has the flavour of reducing this meaningful constructive exercise designed to produce informed decisions into a crudely majoritarian and orchestrated opinion poll.” This isn’t a school headmaster admonishing an errant student. It’s TRAI letting Facebook know what it thought of its Free Basics poll that generated 9 million responses.