ibibo Group Acquires Bus Tracking and Analytics Company YourBus.in

Nasper backed ibibo Group has bought online bus tracking and analytics platform,YourBus.in for an undisclosed sum. As a result of the acquisition, ibibo will integrate YourBus platform with its existing online travel portals viz, redbus.in and Goibibo. Founded by Rajesh Mallipeddi and Satya Padmanabham in 2011 YourBus is a GPS-based bus tracking and analytics platform that provides real-time information...
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WeChat Introduces Games And Local Classifieds Within The Chat Platform, Enough To Beat Others?

Internet based mobile instant messaging service WeChat has come up with a few new additions to its chat platform that is bound to raise interest from its users.It’s Game Time: More than 6 months after hinting at the possibility of introducing additional monetization models within the platform, WeChat has finally offered a few games that can be played within the WeChat ecosystem. Currently the games...
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TicketGoose secures Rs 18 Cr from Indventure

Online bus ticketing portal TravelGoose has raised a funding worth Rs 18 crore from US based Indventure. The raised funds will be used by the company to expand operations, increasing the workforce and enhancing customer experience. This is company’s second round of funding after it bagged Rs 3 Cr from US-based angel investors last year in July.Founded by Karthi Easwaramoorthy, Arun Athiappan...
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MakeMyTrip Rolls Out SMS Based Booking Service

MakeMyTrip has unveiled an SMS based bus-ticket booking service. Developed by txtWeb, an open platform for SMS-based applications, the service lets feature or entry level mobile phone users to book a bus ticket via SMS. Elaborating on this initiative, Amit Somani, Chief Products Officer, MakeMyTrip said,“India is the largest market for mobile phones, with the growth in handsets-sales and new mobile...
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WeChat Looking To Expand And Adopt New Monetization Models But Will Remain Free To Download

Wechat is being hailed as the up and coming competitor to Whatsapp. The app has picked up in the Indian market which is itself getting accustomed to smartphones and the handheld device revolution. It was launched in India in July last year in partnership with Ibibo as Tencent has minority stake in the company. There were speculations about it starting to charge money from its customers but Dennis Hau...
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Mudit Khosla Gets Appointed As The New CEO of Tradus

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The ibiboGroup has announced that Mudit Khosla will be the new CEO of Tradus.com. Tradus is a player in the Indian e-commerce space. It operates a marketplace model for merchants and sellers which is similar to the way eBay India, Snapdeal and Junglee are run. The marketplace model is set to get another important player – Flipkart. The company announced its intention to start a marketplace recently...

e-Classifieds Site Quickr Gets $ 32 Million From Warburg Pincus & Others

Online e-classifieds company Quikr India Pvt Ltd has secured US$ 32 Million in its fifth round of funding. Source: expressIndia.com Private equity firm Warburg Pincus led the funding while existing investors Matrix Partners India, Norwest Venture Partners and eBay Inc also participated. The company plans to utilize the funds to diversify onto the mobile platform & acquire new customers through...
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Tradus.in Introduces New Features; Is This A Good Move?

E-Commerce website Tradus.in has revamped its design.So far Tradus has a healthy visitor rate pegged at 1 Million per month. The website was launched in 2010 basically as a multi-brand online store.  Apart from outright buying, the website also rivals ebay.in in terms of auctions. So what are the new features?  Well, the developers have a added a chat function. Speaking about the development Krishna...
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Niche Social Networking Bridges Demographics and Advertisers

We feel the need to belong, to form a part of a group who make us feel wanted, and loved and understood. And what better place to do that than the Internet? We’re not suggesting you stop going out more often, but there are increasing signs of “like-minded” individuals e-huddling together and carrying out activities which are of common interest, and this is where niche social networking steps...
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Companies Cash In On World Cup Fever With Cricket-Themed Games

With the world cup mania at its peak, companies are launching online cricket games and apps to ride the wave. The target audiences seem receptive enough as the these games are giving these sites high traffic drive. Online gaming company Zapak which has the rights to distribute the game called Cricket Power, saw traffic go double after the game went live just a month back.Cricket Power was launched...
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