Axilor
accelerator

Size matters: Bangalore sees action at both ends of startup spectrum in red-letter day

August 10, 2017 Sumit Chakraberty 0

Source: Tech In Asia News Startup founders and mentors of Axilor’s summer 2017 accelerator batch. Photo credit: Axilor. On a day when Japanese giant SoftBank announced a whopping US$2.5 billion investment into Indian ecommerce […]

Deep dives
Alibaba

Dissecting Snapdeal 2.0: Can it succeed where Ebay failed?

August 3, 2017 Sumit Chakraberty 0

Source: Tech In Asia News Snapdeal co-founder and CEO Kunal Bahl. Photo credit: Snapdeal. Kunal Bahl and Rohit Bansal – co-founders of Indian ecommerce company Snapdeal – went from zeroes to heroes overnight this […]

ai

PayPal opens 2 labs in India to ride wave of fintech and AI

August 2, 2017 Sumit Chakraberty 0

Source: Tech In Asia News Photo credit: Pixabay. PayPal has opened two innovation labs at its Chennai and Bangalore centers. It’s a step up for its Indian centers, on the lines of similar advanced […]

book reviews
Expedia

Traveloka reveals $500m fundraise; Expedia, Sequoia, JD among new investors

July 27, 2017 Sumit Chakraberty 0

Source: Tech In Asia News A holiday home in Bali, Indonesia. Photo credit: Catriona Ward. Southeast Asia’s leading online travel company Traveloka has raised US$350 million from Expedia. The US giant will also collaborate […]

Acquisitions

FreeCharge sold for $60m, a big drop from the $400m Snapdeal paid for it: report

July 26, 2017 Sumit Chakraberty 0

Source: Tech In Asia News FreeCharge founder Kunal Shah, looking pleased as punch after the acquisition by Snapdeal in 2015. Photo credit: Tech in Asia. Indian ecommerce company Snapdeal, which has accepted a buyout […]

Acquisitions

Snapdeal board accepts $900m-$950m revised buyout offer from Flipkart: report

July 26, 2017 Sumit Chakraberty 0

Source: Tech In Asia News Snapdeal co-founder and CEO Kunal Bahl. Photo credit: Snapdeal. Indian ecommerce company Snapdeal has accepted a revised offer of US$900 million to US$950 million for a takeover by its […]

China

Asian cities suck for programmers in terms of real earnings: study

July 23, 2017 Sumit Chakraberty 0

Source: Tech In Asia News Photo credit: Pixabay. There’s a reason why software developers make a beeline to the US. They get paid a king’s ransom. Their net income, even after taking into account […]

India

It looks like a feature phone, acts like a smartphone – and it’s free

July 21, 2017 Sumit Chakraberty 0

Source: Tech In Asia News Photo credit: HD wallpapers. Reliance Jio, which has been disrupting the telecom space in India by slashing mobile data prices, today fired its latest salvo: a 4G phone with […]

Alibaba