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Archive for the ‘News’ category.

Pune’s @EZMove_in raises Rs 1 crore in angel funding from HNIs

The Economic Times is reporting that Pune-based EZMove has raised Rs 1 crore in angel funding from HNIs. Excerpts from the article: Online home relocation service aggregator EZMove raised angel investment of Rs 1 crore from seven high networth individuals, including industrialist Hemant Bharatram, and Chicago-based Purvi Capital cofounder Ravi Srivastava, who have all invested […]

>@PersistentSys acquires Pune-based Mobile Search and Ad firm @HoopzPlanetInfo

Persistent Systems has announced that it has acquired Pune-based Hoopz. What does Hoopz do? It allows users of mobile to see “interesting” information without having to specifically search for it. Based on whatever keywords happen to be in the content you’re currently viewing on the mobile, whether it is in an app, or a document, […]

Pearson Partners with Pune’s Programmr to embed online coding in Pearson’s learning platform

Pune’s Programmr, an online coding technology startup, has partnered with Pearson, the global textbook publishing giant, and now an online digital learning company, to embed Programmr’s technology in Pearson’s online “Learning Labs” Excerpts from their press release: Each “Learning Lab” seamlessly integrates Programmr’s programming lab technology into Pearson’s web-based learning platform that includes screencast videos, […]

Pune’s FirstCry – Baby Products eCommerce Company – to have 100 offline stores

VCCircle has an interesting interview with Supam Maheshwari, CEO of Pune-based baby-products ecommerce company, FirstCry, where he says that they will have 100 offline stores in India by the end of this year Here are some excerpts from that interview: You raised $15 million funding from Vertex to take the total external funding to $33 […]

Pubmatic well positioned to take advantage of the growth of digital advertising

Business Standard has a good overview of Pune-based Pubmatic which sells products and services targeted towards the online advertising market. Here are some excerpts: Excerpt: In less than the time it took to type the first word of this sentence, advertisers are bidding for and placing advertisements on websites, thanks to the power of real-time […]

Uber (mobile based p2p cab company) Launches in Pune (offer: 2 rides free)

Uber, the mobile app based taxi cab / ride sharing company, which allows you to get cheap car rides using your smartphone, and which is extremely popular in the US, has just launched in Pune yesterday, according to their blog. So, here’s the breathless launch announcement: From the bustling streets of Koregaon Park to the […]

Pune’s CSIR-URDIP Starts India’s first ever course on PatInformatics (Patent Informatics)

CSIR-URDIP, which is CSIR‘s Pune based Unit for Research and Development of Information Products. has launched India’s first ever Post Graduate Diploma Course on PatInformatics (i.e. Patent Informatics). What is PatInformatics? The participants will be introduced to Intellectual Property Rights (IPR) and the importance of patent information in research and business. The course will basically […]

Pune’s @PersistentSys, @Zensar, Kirloskars, KPIT start I4C, a non-profit to mentor product innovators

Top Executives from Pune’s Persistent Systems, Intel Ventures India, Zensar, Deloitte, Kirloskars, KPIT, and a bunch of other companies have come together to create I4C (Inter-Institutional Inclusive Innovations Center), a non-profit public-private-people-media partnership organization that aims to strengthen the product innovation market in India. Excerpts: The primary objective of i4C is to scout, showcase and […]

Rdio acquires Pune’s Dhingana to Enter India Market

MediaNama is reporting that international streaming music startup Rdio has acquired Dhingana in a bid to enter the India market. This is really less of an “acquisition” and more of a “fire sale” (or an aquihire): Sources also told MediaNama that the amount being offered to Dhingana is lower than the amount of funding they […]

Quick Heal plans initial public offer in Dec-Jan – Financial Express

Financial Express reports that Pune-based computer security software products company Quick Heal is planning an IPO in Dec-Jan. This is likely to be Pune’s first software product company IPO, unless Pubmatic manages to do an IPO before that (which is still quite possible). Excerpts from the article: In 2010, the Pune-based company was valued at […]