LoanBaba raises $320,000 Consumer lending marketplace LoanBaba has raised $320,000 in seed funding from an unnamed angel investor, reports iamwire. The funds will be used for enhancing the technology in the company and also for marketing. Founded in August by Sanket and Satchit Hasabnis, Loanbaba is a Mumbai-based online marketplace which checks users' bank statements and the amount of loan required and guides them by offering comparison of rates available in different banks across categories such as home loan, personal loan, unsecured business loan and loan against property. *** CityFlo raises $750,000 in funding led by IDG Ventures Bus aggregator start-up CityFlo has raised $750,000 in funding led by IDG Ventures, reports YourStory. The funds will be used for technology enhancement, talent acquisition and expansion in Mumbai. Founded in September by Jerin Venad, Ankit Agrawal, Subhash Sundaravadivelu, Rushabh Shah, Advaith Vishwanath and Sankalp Kelshikar, CityFlo is a public transportation startup which operates in 10 routes in Mumbai and claims to have over 85 buses and an average of 2,200 seats booked everyday. At present, it charges Rs 3 per km. *** PayTunes raises funds from CIO Angel Network Mobile advertisement platform PayTunes raised an undisclosed amount from CIO Angel Network lead by Sanjay Mehta and Anoop Mathur, reports ET Tech. The funds will be used for technology enhancement, expanding user base and marketing. Founded in October by Divya Pratap Singh, Rakesh Sehgal and Gaurav Tiwari, PayTunes replaces the user's ringtone with ad jingles and the user in-turn gets points for every incoming call…
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"Without Google’s abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad...
Google removes apps of Matrimony.com, Shaadi, and other Indian companies for not complying with the Play Store billing policy
Speaking to Medianama, founders of the concerned companies alleged Google was the one not in compliance with the Indian competition regulator's antitrust order.
Haryana Police Seeks Cancellation of Visas, Passports of Protesting Farmers Identified Through CCTVs, Drone Footages
According to reports, farmers have also informed that their phones are being put on surveillance, and that they are being notified by the police...
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Views: Response to NPCI CEO’s comments that what is not written in regulations is a no-go for fintech entities
NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...
Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...
The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
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