Tag Archives: Million

Ola acquires Foodpanda to enter food delivery business in India; to invest another $200 million

Ola’s rivalry with Uber has just entered a whole new dimension. Seven months after Uber launched its on-demand food delivery app UberEATs in India, Ola on Tuesday announced that it will acquire Foodpanda’s India business. In the bargain, the food delivery business in the country is likely to get a big boost, much to the delight of couch potato foodies. ... Read More »

Bluecore marketing automation platform raises $35 million in Series C

Bluecore, the automated marketing platform for ecommerce brands, has today announced the close of a $35 million Series C round of funding. Norwest Venture Partners led the round, with participation from existing investors including Georgian Partners, FirstMark Capital, and Felicis Ventures. As part of the deal, NVP’s Scott Beechuk will join the board of directors at Bluecore. When Bluecore first launched in ... Read More »

Micromax Says It Has Sold 2 Million Bharat 2 Smartphones Since Launch

HIGHLIGHTS Micromax has sold two million Bharat 2 smartphones by August-end The Bharat 2 was launched in April this year Micromax is working on three new smartphones in the Bharat Series Home-grown handsets maker Micromax has sold two million Bharat 2 smartphones by August-end, five months since launch. The company is working on expanding its Bharat Series with three new smartphones – Bharat 2 Plus, ... Read More »

Harry Potter’s childhood home is for sale for $1.2 million

Harry Potter’s childhood home in the film “Harry Potter and the Deathly Hollows” is on sale for 995,000 euros, or about $1.2 million. The house, which is located in Suffolk, England, is listed with the UK-based real-estate agency Carter Jonas. Here’s a closer look at the enchanting home. [“Source-businessinsider”] Read More »

Amid turning tide, AIDS claimed 1 million lives in 2016: UN

AIDS claimed a million lives in 2016, almost half the 2005 toll that marked the peak of the deadly epidemic, said a UN report on Thursday proclaiming “the scales have tipped”. Not only are new HIV infections and deaths declining, but more people than ever are on life-saving treatment, according to data published ahead of an AIDS science conference opening ... Read More »

With 6 Million Job Openings, Will Critics Still Blame Immigrants For ‘Taking Jobs’ From Americans?

A ‘Now Hiring’ sign in front of a Staples store in New York City. U.S. unemployment has hit its lowest level since 2001 at 4.3 percent for May. (Photo by Drew Angerer/Getty Images) At a recent media event touting the need for apprentice programs, Donald Trump and his daughter Ivanka pointed to the latest news from the U.S. Department of ... Read More »

Bitcoin options exchange raises $11.4 million in funding

Bitcoins hit a record high over the weekend, with one unit of bitcoin trading above $2,000 on the BitStamp platform. File Photo Funding supports LedgerX’s plan to operate regulated exchange, clearing house for digital currencies NEW YORK, MAY 22:   Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday that it closed $11.4 million in ... Read More »

India owes £5 million to London government but refuses to pay it

For the first time, dues owed by the Indian high commission as part of London’s congestion charge – mandatory for all vehicles moving in a zone marked “C” – have crossed £5 million. It is one of a list of foreign mission defaulters topped by the United States embassy. A spokesman for Transport for London (TfL) – the local government body responsible ... Read More »

Xiaomi Says Over 3 Million Redmi 3S Units Were Sold in India in Less Than 6 Months

Xiaomi has been a growing brand in India in last two years and now the company has announced that it managed to sell over 3 million units of Redmi 3S smartphones (including Redmi 3S, Redmi 3S Prime, and Redmi 3S Plus models) in less than six months after the phones’ launch in August last year. The Xiaomi Redmi 3S and ... Read More »

Xiaomi Redmi Note 4 India Sales Target Said to Be 7 Million Units

The Xiaomi Redmi Note 4 smartphone, the budget stalwart continues to gain in popularity, with the top variant going out of stock within minutes of the sale starting. So reports that Xiaomi has doubled the India sales target for the smartphone compared to the Redmi Note 3, the predecessor of the new model. The Chinese company has set the Redmi ... Read More »