Friday, January 22, 2016

January 22, 2016 - Housing.com gets fresh infusion of Rs 100 crore funds from Softbank

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
A question that has bugged me for a while now is how Facebook will monetize Whatsapp, for which it paid a mammoth $20 billion. The Whatsapp founders have mentioned several times that there will be no ads on Whatsapp. The annual fee is gone and would never have worked as a serious revenue stream anyway. As this article mentions, they may soon start personalizing Facebook ads based on your Whatsapp conversations. So if you told your friend on Whatsapp that you bought a house, you might get furniture ads on Facebook. One thing that has already started happening is friend suggestions on Facebook based on your Whatsapp contacts. This became obvious to me when my neighborhood kirana guy (who takes orders on Whatsapp) showed up as a friend suggestion on Facebook. The power of Whatsapp data and how that can be monetized on Facebook is probably what attracted Mark Zuckerberg in the first place - Comment


Digital
Housing.com gets fresh infusion of Rs 100 crore funds from Softbank
Housing.com gets fresh infusion  of Rs 100 crore funds from Softbank - News
Online real estate platform, Housing.com, has raised Rs 100 crore from its existing investor Japan’s Softbank. The funds will be used in …


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Digital
Zomato CEO Deepinder Goyal on layoffs and the suicidal acts of foodtech startups
Zomato will not play the discounting game. Period. Deepinder Goyal, its co-founder and CEO, is very clear about this. Despite the mushrooming of players in the mass market food ordering space which offer over 30 percent to 100 percent cash back, Zomato won’t budge on discounts.

 


Digital
Puneet Dalmia invests in social media platform LocalCircle
Dalmia Group Managing Director Puneet Dalmia has invested in LocalCircles, a social


Digital
CarDekho looks to make two overseas acquisitions in six months
Auto portal CarDekho had a good run all through 2015 as it raised funding from investors such as Ratan Tata, Hillhouse and HDFC Bank. It also acquired Times Internet’s Zigwheels for an undisclosed amount.


Digital
FreeCharge takes on Paytm with new Mastercard powered virtual card
As the race of digital wallets gain steam, FreeCharge looks like it just stole a march on bigger rival Paytm, with the launch of its new Mastercard powered virtual card.

 


Retail
Amazon's Great Indian sale: Offers 20-40 per cent discounts on over 40 international brands
Amazon's Great Indian sale:  Offers 20-40 per cent discounts on over 40 international brands - Financial Express
Amazon’s Great Indian sale: If you have missed the Diwali and New Year sales put forth by the e-commerce players, here’s your chance. Amazon India is back with its 72 hours deal marathon Great Indian Sale starting January 21. The company is offering discounts ranging from 20-40% on more than 40 international brands that have been launched on Amazon in the last six months, the company announced on Monday. Customers can access the deals from their PCs, mobile phones or mobile app.

Retail
Apple seeks DIPP nod to open own stores in India
The Apple stores — famed for their ambience and unparalleled customer experience — may soon come up in your city. Apple India has filed an application to open its own Apple branded stores in India with the department of industrial policy and promotion (DIPP), a person with direct knowledge of the matter said.

Retail
Traditional retailers grappling with e-commerce impact
Traditional retailers grappling  with e-commerce impact - Hindu Business Line
Online stores stealing a march over brick-and-mortar ones

Retail
Jeff Bezos almost gave Amazon a completely different name
Jeff Bezos almost gave Amazon a  completely different name - Tech Insider (blog)
The URL to Amazon's alternative name, to this day, redirects you to Amazon.com.


Telecom
This Is Facebook's Response To Indian Telecom Watchdog On Free Basics
This Is  Facebook's Response To Indian Telecom Watchdog On Free Basics - Gizmodo India
Social networking site Facebook on Wednesday responded to the Indian telecom regulator's letter regarding Free Basics, saying it tried to cooperate with the


Telecom
Skype Challenge: WeChat Now Allows Calls to Landlines and Cell Phones
Skype Challenge: WeChat Now  Allows Calls to Landlines and Cell Phones - Neurogadget
WeChat has broadened its wings and launched a feature that allows users to make calls to landlines as well as cell phones. The feature dubbed “WeChat Out” is currently available in India, USA and Hong Kong. The service will allow users on WeChat to initiate voice calls to landline and also cell phone numbers directly


Telecom
Mobile connectivity to ensure inclusive growth: Sunil Sood
Mobile connectivity to ensure  inclusive growth: Sunil Sood - Forbes India
Telecom will build key infrastructure for PM's vision of a Digital India and adequacy of spectrum will be crucial to its success


Telecom
Vodafone rolls out 4G sim in Delhi NCR
Vodafone rolls out 4G sim in  Delhi NCR - Times of India
The sale is part of the telco’s steady roll-out of 4G services across the country



Finance
Is 70 the new 60 for the rupee?
Is 70 the new 60 for the rupee?  - Livemint
If the selling pressure from FPIs persists, and it looks like it might until the global mood stabilises, the rupee will likely move down towards its 2013 record low of 68.85 a dollar and perhaps even further towards 70


Finance
What really happened at Vasan Healthcare?
What really happened at Vasan  Healthcare? - Livemint
The inside story of how Vasan Healthcare, once a prized unicorn, valued at more than $1 billion, imploded


Finance
Barclays to shut cash equities unit in India
Barclays to shut cash equities  unit in India - Livemint
Barclays bank cuts 1,200 jobs at investment arm across Asia - Troubled British bank Barclays announced a new round of job cuts today, axing 1,200 positions at its investment banking division, exiting Russia and closing offices across Asia


Finance
Fine print of India's start-up policy
Fine print of India's start-up  policy - Livemint
The government’s ambitions of turning limited partner to venture capital funds has drawn sharp criticism from several quarters




Software
Apple hunting for new India business head, following exit of Maneesh Dhir
Apple hunting  for new India business head, following exit of Maneesh Dhir - News
Dhir joined Apple in 2010 as India country manager. The exit comes at a time when Apple is doubling down on the Indian smartphone market.


Software
Why Tech Mahindra CEO is bullish on China?
Why Tech Mahindra CEO is bullish  on China? - Wall Street Journal
CP Gurnani, CEO of the $4 billion Indian information-technology provider Tech Mahindra, says his company is focused on expanding in China, which he says “will continue to outperform the world.”


Software
Facebook launches sports platform : Will provide real-time updates on games, stats and commentary
Facebook launches sports  platform : Will provide real-time updates on games, stats and commentary - Economic Times
Facebook Inc is tackling the sports arena with a new platform called Facebook Sports Stadium, which the social media site said will provide real-time updates on games, popular posts from fans, statistics and commentary from experts.



Ecommerce
Uber's India arm makes profit in first two years of operation; posts a net profit of Rs 3.2 crore on income of Rs 69 crore in the year to March 2015
Uber's India arm makes profit in  first two years of operation; posts a net profit of Rs 3.2 crore on income of Rs 69 crore in the year to March 2015 - Economic Times
The company, which provides marketing and support services to Uber, posted a net profit of Rs 3.2 crore on income of Rs 69 crore in the year to March 2015.

Ecommerce

Ecommerce
Just Buy Live raises US$20M to connect Indian retailers with brands online; claims to distribute over 1,000 brands and 300,000 products
Just Buy Live raises US$20M to  connect Indian retailers with brands online; claims to distribute over 1,000 brands and 300,000 products - e27
The firm claims to distribute over 1,000 brands and 300,000 products, and has a presence in 10 cities

Ecommerce
SoftBank pumps in Rs 100 cr in Housing.Com to help the realty portal consolidate its position in the heavily contested online property segment
Press Trust of IndiaThe new Rs 100 crore infusion will well-capitalise the company to drive its new strategy and growth plans," the Mumbai-based firm said in a statement. In December 2014, Softbank had led a USD 90 million funding round in Housin


Franchise
Franchisee Journey: From experienced plumber to Mr. Rooter Plumbing franchisee
Franchisee  Journey: From experienced plumber to Mr. Rooter Plumbing franchisee - Entrepreneur
Trent Dawson's family had been in the plumbing and draining business for three generations before Dawson bought his Mr. Rooter Plumbing seven-and-a-half years ago.


Franchise
Smart commentary from experts on the topic legal cases on 2015
We asked Franchise Times’ Legal Eagles to tell us the cases they’re following, and they obliged with a diverse selection and smart commentary.



HR
Founder-CEO, InMobi, Naveen Tewari Unplugged!
Founder-CEO, InMobi, Naveen  Tewari Unplugged! - Businessinsider India
He was in one of the panel discussions at the Startup Standup India event, and held nothing back. This 38-year-old stood out as he called a spade a spade,


HR
Don't see significant impact of Dell-EMC merger on jobs in India: Tom Sweet
Don't see  significant impact of Dell-EMC merger on jobs in India: Tom Sweet - Livemint
Senior VP and CFO of Dell Inc. speaks of Dell’s prospects in India, his perspective on the EMC acquisition and challenges that both firms face


HR
National Highways Authority of India Jobs: Apply before January 29
National Highways Authority of  India Jobs: Apply before January 29 - India Today
The eligible and interested candidates should apply on or before January 29.


HR
International Solar Alliance set to be operational in 6 months
International Solar Alliance set  to be operational in 6 months - The Hindu
An International Solar Alliance (ISA) is likely to be operational by the middle of 2016, a government official said.The initiative was announced by Prime Minister, Narendra Modi, at the Conference of



Logistics
India is a noisy democracy but stuck reforms like GST would go through, says Jaitley
India is a noisy democracy but  stuck reforms like GST would go through, says Jaitley - Firstpost
FM said people are eventually going to pay for the goods and services they want to buy and for the weaker sections technology would be used to ensure that the benefits reach the right target group


Logistics
International airlines woo Indians with discounted tickets
International airlines woo  Indians with discounted tickets - Times of India
International airlines have flooded the Indian market with discounted tickets as plunging oil prices have lowered their operating costs, despite the rupee’s fall. Indian carriers, which pay for substantial costs in dollars, are also trying to match the offers.


Logistics
Airlines may further trim losses in fiscal 2016: Capa India
Airlines may further trim losses  in fiscal 2016: Capa India - Livemint
The Sydney-based consultant said the countrys carriers may at their best lose $350 million, down from $1.25 billion in the last financial year.


Logistics
GoAir opposes dismantling of 5/20 rule that would benefit 'new' airlines
GoAir opposes  dismantling of 5/20 rule that would benefit 'new' airlines - International Business Times, India Edition
If the 5/20 rule is dismantled, new airlines such as Vistara and AirAsia India will benefit.



Construction
Indian real estate market headed for revival: JLL India and Royal Institute of Chartered Surveyors (Rics)
Indian real estate market headed  for revival: JLL India and Royal Institute of Chartered Surveyors (Rics) - Livemint
Mumbai, Bengaluru will continue to be most preferred investment points; commercial office and mid-segment residential seen as top property asset classes


Construction
Softbank pumps Rs 100 crore in Housing.com
Softbank pumps Rs 100 crore in  Housing.com - Livemint
Housing plans to use the funds to drive its new strategy of building scalable revenue streams and going deeper in the value chain


Construction
Luxury real estate brand to be promoted by Virat Kohli
Luxury real estate brand to be  promoted by Virat Kohli - Times of India
Bengaluru-based real estate company Nitesh Estates has roped in star cricketer and cap


Construction
Developers say real estate bill should address approval delays
Developers say real estate bill  should address approval delays - Business Standard
The onus will be on the states to set up an authority and make rules within six months of the notification of the Act



Marketing
Flipkart Controls 63% Of App-Based eCommerce Traffic : Twitter Say Indian SMB Advertiser Avg Monthly Spend Rises More By 60%
Leading e-commerce marketplace Flipkart says it dominates the mobile commerce space with fashion discovery subsidiary Myntra, drawing 63 per cent of all traffic among the major shopping apps in the country.

 


Marketing
Content Marketing Will Drive B2B Digital Marketing In 2016 : Report
Content Marketing Will Drive B2B  Digital Marketing In 2016 : Report - Lighthouse insights
Business to Business or B2B has always been looked upon as boring and uncool in comparison to Business to Consumer or B2C. Things are changing fast in fact, very soon the line of separation between…


Marketing
ASCI to probe celebrity endorsements of pan masala ads : Report
ASCI to probe celebrity  endorsements of pan masala ads : Report - Livemint
MUMBAI: Continuing with the mission to address misleading, vulgar, hazardous and unfair advertisements, the Advertising Standards Council of India (ASCI) is set to investigate advertisements by ‘Pan Masala’ brands featuring celebrities as they violate ASCI’s code of self-regulation in advertising content.   This comes in the wake of the recent appeal by the Health Department of Delhi Government, to not have celebrities appear in such products’ ads.   | Pan Masala ads featuring celebrities violate ASCI's code | Indian Television Dot Com


Marketing
Google Debuts ‘Real-Time Ads’ : IBM In Talks To Buy UStream
Google Debuts  ‘Real-Time Ads’ : IBM In Talks To Buy UStream - Lighthouse insights
Google Debuts ‘Real-Time Ads’ To Drive Live Engagement: Google sounds more and more like Twitter, heralding ways marketers can tap into live events for engagement. As such, the company on Wednesday…



Politics
Hyderabad suicide shows why Smriti Irani is India’s Joan of Farce: She can just make war, not peace
Hyderabad suicide shows why Smriti Irani is  India’s Joan of Farce: She can just make war, not peace
The fire that she has stoked in Hyderabad with her brazen attempt to blame the opposition for what is essentially a crisis triggered by her own ministry and BJP stooges on the campus, is classic Smriti Irani.


Politics
Hyderabad student’s suicide: Who has Rohith Vemula’s blood on their hands?
Hyderabad student’s suicide: Who has  Rohith Vemula’s blood on their hands?
Who is the Lady Macbeth in Rohith Vemula’s death, lamenting the smell of blood on her hands? Is it just one or many? We may not name one or any to be the Lady Macbeth in this episode. Each of them would know their share of guilt.


Politics
‘Even policemen are not secure in West Bengal’: Rajnath hits out at Mamata govt
‘Even policemen are not secure in West  Bengal’: Rajnath hits out at Mamata govt
Union Home minister Rajnath Singh on Thursday attacked the Trinamool Congress government on the issue of law and order saying that women, and even policemen are not secure.


Politics
Poriborton going Saffron in Bengal ?
Poriborton going Saffron in Bengal ?
Is Poriborton going Saffron in Bengal with Chief Minister Mamata Banerjee's New Year greetings in Gujarati to Prime Minister Narendra Modi eliciting a Bengali reply amidst a high stakes political debate in the state over upcoming elections ?



Sports
Facebook launches real-time sports platform
Facebook launches real-time sports platform
Facebook Sports Stadium will be competing with Twitter in providing live updates, statistics and fan posts for its ‘650 million sports fans’


Sports
Saina Nehwal to begin new season with Syed Modi Grand Prix Gold tournament
Saina Nehwal to begin new season with Syed Modi Grand Prix Gold  tournament
World number two Saina Nehwal and former world champion Intanon Ratchanok are likely to meet in Thailand Open finals.


Sports
Aus Open 2016: Jo-Wilfried Tsonga stops game to help injured ball-girl
Aus Open 2016: Jo-Wilfried Tsonga stops game to help  injured ball-girl
Jo-Wilfried Tsonga said it was normal to help her out of the stadium and hopes she recovers soon.


Sports
Aus Open 2016: In last Grand Slam, Lleyton Hewitt bids emotional goodbye
Aus Open 2016: In last Grand Slam, Lleyton Hewitt bids  emotional goodbye
Lleyton Hewitt, a two-time grand slam champion, was unable to extend his record 20th and final appearance in Australian Open.



Entertainment
Pressure mounts on Chris Rock to quit as Oscars host
Pressure mounts on Chris Rock to quit as Oscars host
Amid the ongoing diversity row at this year's Oscars, some artistes have called upon host Chris Rock to bow out of the ceremony.


Entertainment
Not intending to join any party: Prakash Jha
Not intending to join any party: Prakash Jha
Prakash Jha, who had wanted to become a MP but failed, says he no longer desires to associate with any political party.


Entertainment
Genders do not matter in ‘Ki and Ka’: R Balki
Genders do not matter in ‘Ki and Ka’: R Balki
R Balki says genders do not matter in his upcoming film "Ki and Ka" starring Arjun Kapoor and Kareena Kapoor.


Entertainment
Comedy Nights With Kapil to be replaced by Comedy Nights Live
Comedy Nights With Kapil to be replaced by Comedy  Nights Live
While the final episode of 'Comedy Nights With Kapil' will be aired on January 24, it will now be replaced with a new show called 'Comedy Nights Live'.




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