Tag: india


Facebook, Google dives into home services in India

Facebook, Google dives into home services in India

EBay has done it (with Gumtree Connect in South Africa), OLX Group has done it (with Fixly in Poland), Quikr has done it (with QuikrServices in India) and now Facebook and Google have also done it: rolled out online-services sites. The two global giants have apparently decided to give Quikr competition in India for its well-diversified section for home services.


Car-pooling draws attention (and money) in India

Car-pooling draws attention (and money) in India

In India, the transport sector is showing the way for the sharing economy, with a growing list of self-drive, auto-rental start-ups encouraging the young generation to rent rather than own autos.

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NoBroker raises $7.4 million in India

NoBroker raises $7.4 million in India

Bangalore-based brokerage-free real estate search platform NoBroker.in secured $7.4 million U.S. in series-B funding from South Korean investment firm KTB Ventures, the venture capital arm of KTB Network. It was KTB Ventures' first investment in India.

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Lakshmikant Gupta quits GirnarSoft

Lakshmikant Gupta quits GirnarSoft

Lakshmikant Gupta, known by his friends as LK Gupta, quit his post as chief marketing officer of GirnarSoft in India. He has been replaced by Gaurav Mehta, former chief marketing officer of OLX India.


Rent-to-own site gains traction in India

Rent-to-own site gains traction in India

SabRentKaro, a Hyderabad-based renting site will let you rent anything from a smartphone to an airplane - as long as you pay the security deposit. Hence the name SabRentKaro, which means 'everything is available on rent' in Hindi.

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WhatsOnRent calls it a day; others fight on

WhatsOnRent calls it a day; others fight on

Goods rental marketplace WhatsOnRent.com, run by Weblevered Technology, has shut shop after an unsuccessful attempt to raise fresh capital, and the realization that the business model may not work.

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Rohit Ramasubramanian, co-founder of Zefo (photo from his LinkedIn page with thanks)

Sequoia invests in recommerce start-up Zefo

Bengaluru-based used-goods marketplace Zefo raised $6 million U.S. in a series A funding round led by venture capital firm Sequoia India. Others who participated in this round included Beenext, and existing investor Helion Venture Partners. Beenext is also invested in auto site Droom, real estate site NoBroker and job site WorkIndia.



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