This week, India based Ola, China based Didi Kuaidi, US-based Lyft and Malaysia’s GrabTaxi have entered into a partnership which allows the passengers to book rides on any of these four services using just one app. Quikr and CommonFloor.com are at an advanced stage of discussion and the stock-and-cash deal is expected to be completed soon.
1. Delhi government launches mobile app to help homeless in winter
The Delhi government has launched a mobile-based application to rescue homeless people during winter. An official said the user could initiate a rescue operation over the phone by taking a picture and posting it on the App.
2. Samsung to pay Apple $548M for copying its iPhone design
The smartphone industry is fiercely competitive, and Apple and Samsung are leaders in race to be the world’s number one smartphone maker. It all started in 2011, when Apple accused Samsung of copying its design of the iPhone and filed a lawsuit. Samsung has agreed to pay the initial $548 million to Apple.
3. Skype announces free calls to Tamil Nadu #ChennaiRains
A devastating flood is wreaking havoc in Chennai, India, caused by a record downpour in what is being called the wettest December day in more than 100 years. As a result, Microsoft is offering free international Skype calls into the area for those who need to reach their family members or friends.
4. To challege Uber’s reach Ola, Didi Kuaidi, Lyft and GrabTaxi join hands
Keeping in view this trend four of the world’s largest taxi-hailing apps- India based Ola,China based Didi Kuaidi, US-based Lyft and Malaysia’s GrabTaxi have entered into a partnership which allows the passengers to book rides on any of these four services using just one app.
5. Flipkart net loss widens this year as it spends to acquire customers
Flipkart reported its net loss more than double for the year through March 2015, as it spent heavily to acquire customers and offer discounts. It competes with Snapdeal and Amazon in this highly competitive Indian e-tailing market.
6. Instant messaging app Hike exchanges 30 billion messages monthly
Instant messaging app Hike claims that its users exchange one billion messages every day. Monthly usage on the Hike app increased by 50 per cent to 30 billion messages from 20 billion in October. In October, Hike had a user base of 70 million. About 90 per cent of Hike’s users are under the age of 25.
7. Indian Companies like Practo, Zomato, Ola and Paytm kickstart relief measures for those stuck in Chennai rains
Indian internet firms including Practo, Zomato, Bounty App, Paytm and Ola are pooling together help and relief measures to those affected in the Chennai rains.
8. Delhi Government to fund startups that can solve city’s pollution problem
The Delhi government has come up with a new strategy to help combat rising air and water pollution in the city. The Government, in partnership with the University of Chicago Laboratory Schools will fund 2 crore Rupees into start-ups that can help curb the rising pollution levels in the city with innovative ideas.
9. Quikr all set to Acquire CommonFloor for $100-120 Million
Online classifieds player Quikr may buy real estate portal CommonFloor.com for an estimated USD 100-120 million. According to sources, Quikr and CommonFloor.com are at an advanced stage of discussion and the stock-and-cash deal is expected to be completed soon.
10. Khan academy launches its Hindi version
Khan Academy, an US-based non-profit educational organization, has launched a Hindi portal for students in India.