Sticker search app Emojifi raises angel funding

For-Emojify-Story-TC_ThinkstockPhotos-521089304_feEmojifi, an app that provides live emoji, sticker and graphics interchange format (GIF) suggestions based on the typed words across chat platforms, has raised angel funding from two Hyderabad-based unnamed angel investors, it said in a statement. The capital will be used for marketing and enhancing the product. The company is also in the final […]

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Flashback 2016: Challenging year for India’s unicorns

flashback-logo_feThe internet and tech unicorns that sprung up in the recent years have inspired the entrepreneurial spirit among the country’s youth. They attracted billions of dollars of foreign capital and triggered the rise of hordes of startups. The good run in terms of expanding customer base, successive rounds of funding at ever-increasing valuation and steady […]

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Flashback 2016: SoftBank stays on sidelines, tanks up for future

softbank_feBy its lofty standards, 2016 was a relatively quiet year for the SoftBank juggernaut. The telecom and Internet conglomerate, which put copious amounts of money in Snapdeal, OYO Rooms and Grofers in the previous year, stayed away from making any fresh investments in India. This uncharacteristic quiet at SoftBank in terms of fresh investments can […]

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Flashback 2016: Hike’s Kavin Mittal takes the fast lane to success

Kavin Bharti Mittal, Founder, HikeFor Kavin Bharti Mittal, the 29-year-old founder and chief executive of instant messaging app Hike, 2016 will go down as a milestone year. For, this is the year when the four-year-old startup joined the coveted group of young firms that are valued at least $1 billion. Hike became only the 10th startup in the country […]

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Instagram reaches 600 million monthly active users

instagram-1789189_1280Instagram has reached 600 million monthly active users, adding its latest 100 million users faster than ever before, the company said in its official blog on Thursday. Instagram’s user base has doubled in size from 300 million monthly users to 600 million monthly users in just two years. The online mobile photo-sharing, video-sharing, and social […]

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How SoftBank’s local portfolio firms have fared as chairman Son visits India

Masayoshi-Son,-Chairman-&-CEO,-SoftBank-Group_feNot many investors can boast of a portfolio which is more than half full of unicorns. Japanese telecom and Internet conglomerate SoftBank Group Corp happens to be one such investor in India. Of its seven portfolio firms, four – Hike, Ola, Snapdeal and InMobi – are unicorns, meaning each startup has been valued at more […]

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Did Snapdeal, Ola, Grofers and Oyo just get a blank cheque from SoftBank?

Masayoshi-SonThe $100 billion-tech fund that SoftBank has just launched with Saudi Arabia’s sovereign fund Public Investment Fund (PIF) is good news for half a dozen Indian companies including Snapdeal, Ola, Grofers, Housing, Hike and InMobi. Some of these firms are facing huge fund crunch as their key backer SoftBank put a pause on writing large […]

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We’re going to be playing an entirely different ball game in 2017, says Hike’s Kavin Bharti Mittal

Kavin Bharti MittalHaving entered the coveted $1-billion-club of startups in India, Kavin Bharti Mittal is more confident than ever about the success of his four-year-old startup Hike. In August, the messaging app raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology Group and other investors. Hike’s rivals, incidentally, include global tech giants […]

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