Twitter to acquire Indian startup ZipDial: Report

Twitter to acquire Indian startup ZipDial: Report Twitter is in talks to acquire Zipdial, Tech Crunch reports. While not sure whether the deal has been closed or is in the process of getting closed, the publication is citing multiple sources with knowledge of talks taking place between the two companies. There could be a possibility of another company (Facebook?) also interested in acquiring ZipDial. The size of the deal is estimated to be between $30-40 million. ZipDial offers unique marketing solution where consumers give missed calls to a number to engage with an advertising...

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Unknown 07:34  No comment

Flipkart aims to create 10,000 ‘millionaires’ in 2015

Flipkart aims to create 10,000 ‘millionaires’ in 2015 E-commerce major Flipkart today said it aims to help over 10,000 sellers generate business worth Rs 10 lakh through its platform this year. “In 2014, Flipkart helped over 2,000 sellers become millionaires through Flipkart sales. December 2014 alone saw over 500 sellers doing an average business of Rs 10 lakh each, while 50 sellers did an average of Rs 1 crore each,” Flipkart said in a statement. With a year on year growth of close to 30 per cent, apparels and consumer electronics categories have...

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Zomato enters US with a big bang

Zomato enters US with a big bang Zomato, the restaurant search application, today made its biggest acquisition ever by lapping up the Seattle-based restaurant search guide Urbanspoon for an undisclosed amount in an all-cash deal. Reports, however, have pegged the deal at around $60 million (Rs 373 crore ). The acquisition marks Zomato’s entry into the United States and also establishes its presence in Australia and Canada, while adding to its already dominant position in United Kingdom and New Zealand. The company has pretty much spent its entire last round of funding on this...

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