News Roundup: 7 Stories You Don’t Want To Miss This Week [19Jan – 24Jan]

News Roundup: 7 Stories You Don’t Want To Miss This Week [19Jan – 24Jan]

Flipkart, India’s first billion dollar company in Ecommerce, has decided to revamp its technology infrastructure by investing $10 Mn. The company will buy new servers from Dell to build a private cloud and to scale up its infrastructure. It is being assumed that the need to improve current IT infrastructure urged due to the setback of Flipkart’s Big Billion Day sale. The company has therefore decided to work towards building a robust private cloud by working with Dell.

Airtel Inks $200 Mn Deal With Nokia Networks To Build 4G Network Across 6 Cities

In a bid to develop a pan-India 4G footprint, telecom operator Bharti Airtel has inked a deal of $200 Mn with mobile technology arm of Nokia Corp, Nokia Networks to build the country’s first 4G network in the 1800 MHz band in six cities including Mumbai, MP, West Bengal, Odisha, Punjab and Kerala. The FDD-LTE technology will be used for Airtel’s 4G network in the 1800 MHz band.

InMobi Ready To Foray Into Online Advertising Space With New Analytics Service

Bangalore-based mobile advertising platform, InMobi is going to launch new analytics service model, which will combine data from clients with insights on consumer behaviour that it has gathered and create new marketing strategies for enterprises. With the help of this new analytics service, the company will run marketing campaigns through email and other channels. This move will make InMobi a direct competitor of global online advertising giants such as Google, Acxiom and Harte Hanks.

PayUMoney Inks Deal With Ratnakar Bank To Provide Virtual Wallet To Consumers

PayUMoney, PayU India’s online payment solution brand is soon going to launch a semi-closed co-branded virtual wallet in association with Ratnakar Bank. The co-branded wallet will be issued by RBL Bank. The wallet will be available exclusively to PayUMoney consumers in India. With the help of this PayUMoney option, a customer can simply choose to pay on an ecommerce website and create a wallet account on the fly while paying on the website and can continue paying through usual payment modes like Credit Card, Debit Card and Netbanking.

Snapdeal Ventures Into TV Ecommerce, Plans To Rake In INR 500 Cr. With This Move

Snapdeal has made a move to capture a larger market share by venturing into Tv Commerce. With people stuck in front of their tv sets for hours, Snapdeal’s founder Kunal Bahl believes it will receive same response as it did in case of their online business. The company had entered into a 50:50 JV with cable distribution company DEN Networks to sell products across home, lifestyle and electronics categories. Ecommerce websites are not leaving any stone unturned to progress further.

Whatsapp Launches Web Client For Desktops

Whatsapp has been in the news whole week for a couple of events, be it whatsapp calling or blocking users for using third party apps which have no allegiance to whatsapp. It has wowed the masses when it announced WhatsappWeb, its most anticipated feature which will do away the need of picking up your phone. Other rivals such as Viber, Skype and Hangouts offer such seamless integrations which made whatsapp keep up with the pace. The said feature is only restricted to Chrome browser and is not available on iphones.

TheMobileStore Partners With Zopper For Offline-Online Integration

With ecommerce sales booming in India, offline retailers are looking at avenues to sell products online. In one such move offline mobile retail chain TheMobileStore has signed up a merchant partner with Zopper. Zopper provides price listing of plethora of products from ecommerce as well as offline retailers. With such an agreement the company aims to deliver products within 4 hours which will eliminate arduous task of inventory management and logistics. The move will be admired by people who research online and buy the product to reduce the wait to receive the product.

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Team Inc42

Inc42 Staff
Inc42 Magazine is an online startup magazine that covers some of the best startups and entrepreneurs in the India ecosystem. We also feature numerous guest posts and resources by leading experts from across the industry, including many from the Silicon Valley and Bay Area.
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