Bansals set their sights on making #Flipkart a $100-billion entity

Bansals set their sights on making #Flipkart a $100-billion entity

What could be the next goal for two entrepreneurs who have just raised $1 billion in a single round of funding? Sachin Bansal and Binny Bansal, who have done just that, now talking of creating a $100-billion e-commerce company by valuation in the next few years from $7 billion now. 

“We wish to be the first $100 billion internet company from India. Globally there are only five; three from US and…

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App downloads in India expected to surpass 9 billion mark by 2015

App downloads in India expected to surpass 9 billion mark by 2015

Riding on the back of spiralling usage of mobile devices, the number of app downloads in India is expected to surpass the 9 billion mark by 2015, according to an Assocham-Deloitte joint study.

In 2012, the number of app downloads in India stood at 1.56 billion. 

The study, which was carried out among people aged between 16-30 years, said creating appropriate apps and local language content for…

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#Flipkart raises $1bn in fresh funding

#Flipkart raises $1bn in fresh funding

India’s largest e-commerce firm Flipkart on Tuesday said it has raised $1 billion (over Rs 6,000 crore) in fresh funding from a group of investors, the largest so far in the fiercely competitive online shopping segment in the country.

The company did not disclose its new holding pattern. Sources said, however, that with this round of fund raising, Flipkart is valued at about $7 billion (around Rs…

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Flipkart raises Rs 6,000 crores in the latest round of investment

Flipkart raises Rs 6,000 crores in the latest round of investment

Reports about Flipkart raising $1 billion or Rs 6,000 crores in funding surfaced online last week. Today, the e-commerce company has confirmed what is the largest investment raised by an Internet company in India.

The company announced that the latest round of investment was led by existing investors like Tiger Global Management, DST Global and Accel Partners. New investors, on the other hand,…

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Apple to set up exclusive stores in India selling just iPhones and iPads

Apple to set up exclusive stores in India selling just iPhones and iPads

After witnessing encouraging growth in iPhone and iPad sales in the country, Apple India is now looking at setting up exclusive stores across the country that will sell only iOS devices, multiple sources who have been briefed by the company on its plans told DATAWEBZ India. Sales of iPad in India increased by 45 percent year-on-year at the end of last quarter while iPhones too grew by 55 percent…

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Apple iPhones let others access your personal data

Apple iPhones let others access your personal data

Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicised techniques by Apple employees, the company acknowledged this week.

The same techniques to circumvent backup encryption could be used by law enforcement or others with access to the “trusted” computers to which the devices have been connected, according to the security…

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Sony Lanuched new T3 Smartphone

Sony Lanuched new T3 Smartphone

Sony has launched what it refers to as ‘the slimmest 5.3-inch phone – Xperia T3, in India at Rs 27,990. Originally unveiled in June, the phone will be available in the country starting July 27.

The mid-range smartphone is 7mm thick so it’s not the thinnest phone in the world (Gionee Elife S5.5 holds that record), but it weighs 148gram and sports a stainless steel frame. It will launch globally…

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The Chinese vendor Xiaomi entered the India smartphone market.  Xiaomi is selling the device at Rs 13,999 making it competitive. Another offering from China that is available in this in the sub Rs 20,000 price bracket is Elife S5.5 from the stable of Gionee. Lets compare these two phones to know the best aspects of each of them in detail. 


Display and Processor

The Xiaomi Mi3 gets a 5 inch…

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Google Maps now available in Hindi

Google Maps now available in Hindi

Indian users can now explore and navigate their way around through Google Maps in Hindi after the search engine giant announced the launch of its new service on Tuesday.

 Users will be able to see Hindi names for cities, localities, important roads, as well as public parks and schools, on the new Google Map on their desktops as well as on Android phones.

“Google is committed to making its…

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