Business

Snapdeal acquired MartMobi: startup for mobile technology

Snapdeal acquired MartMobi

E-commerce major Snapdeal has acquired Hyderabad-based mobile technology startup, MartMobi. Both of them have not disclosed the deal amount. MartMobi was founded by Pramod Nair and Satya Krishna Ganni, creates mobile sites and apps for e-commerce stores, small and medium-sized businesses. “We are focusing on mobile platform as about 75% of orders are coming from mobiles-based devices. On the merchant side ...

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Myntra expanding in Premium Brands

Myntra Google App

Online fashion e-commerce retailer Myntra has recently added over 10 international brands to offer premium fashion exclusively through its platform. According to Myntra, Indian customers have shown interest in certain popular European brands as such brands offer an ideal mix of fast-forward fashion for the young and classics for the adults. Consumers can now shop brands such as Replay, Cole Haan, Scotch ...

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Google patent: soft toys that can interact with kids

Google Patent

Google has filed a patent for some special toys. These are rabbit and bear shaped soft toys that pay attention to the people who are present in the same room and can interact with other media devices as well. Toys are having microphones in their ears, cameras in their eyes, speakers in their mouths and motors in their necks. The toys would be able ...

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Myntra’s move to APP only : Sales Fall

Myntra App

Last week, Myntra.com, India’s largest online fashion retailer, has completely moved to mobile app only e-tailer. It has seen a 10% drop in sales because of shut down of its website. They are hoping to reach to the same level in few weeks. Myntra’s competitors Snapdeal and Amazon said “they have no plans to move completely to mobile app”. Even ...

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“Infosys China” by next year

Infosys China by next year

As PM Modi pressed China to open its markets for Indian IT firms in his visit to China, Infosys yesterday announced establishing its first overseas centre outside India in China. This will be capital investment of about $120 million to tap its feet in Chinese market. An MOU in this regard was signed between Infosys and the local Chinese government ...

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Tata Communications is now partner with China Telecom Global

Tata-Communications

Tata Communications today announced a video network partnership with China Telecom Global to reach the contents for customers in China and also globally and to manage this data with an ease.This handshake will benefit China Telecom Global as well in leveraging its worldwide reach, along with Tata Communications’ Global Video Network.The company will plan to telecast live sporting events in ...

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After Salman Khan, Satyam’s Rama Raju also suspended on bail

After Salman Khan, Satyam's Rama Raju also suspended on bail

This monday, court in Hyderabad granted bail to “Satyam Computer’s founder” B Ramalinga Raju and 9 others and suspended their 7 yrs imprisonment charge in the multi-crore accounting fraud in the IT company. M Laxman, special judge for economic offences, said “substantive and default” sentence is suspended for Raju and his brother on furnishing of personal bonds of Rs 1 ...

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Myntra has acquired Native5, mobile application development platform

Myntra has acquired Native5

Online fashion e-commerce site Myntra has acquired Native5, a Bengaluru-based mobile application development platform, a move that goes with its strategy to shift entirely to the mobile platform. Native5, was founded by technology professionals Manish Priyadarshi, Barada Sahu and Shamik Datta in 2011. It has developed a cloud platform to create and distribute mobile apps across smart phones, tablets and ...

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