Daily Archives: August 9, 2012

Babajob Raises Rs 3.5 Cr Funding From Gray Ghost Ventures, Vinod Khosla & Other Investors

Baba­job Ser­vices which oper­ates the blue col­lar jobs por­tal Babajob.com, has raised Rs 3.5 crores Series A fund­ing from Gray Ghost Ven­tures and a series of indi­vid­ual investors includ­ing Vinod Khosla, reports VCCir­cle (subscription-required). Founded in 2007, Baba­job is a web and mobile por­tal focused on the infor­mal job mar­ket in India like maids, cooks, and dri­vers among oth­ers. The

Updated: Why Has Airtel Increased Broadband Tariff?

Update: Air­tel informs that the tar­iff hike is in the range of Rs 50 to Rs 150. It also informs that the gov­ern­ment will now levy a 7% annual license fee on UASL licensees for pro­vid­ing inter­net ser­vices. Pre­vi­ously, the licensees were not pay­ing any license fee for inter­net ser­vices. Air­tel is inform­ing its Broad­band

MapMyIndia Launches CarPad 5 Android Tablet With Built-in Navigation

Loca­tion based ser­vices and maps com­pany Map­myIn­dia has launched a new device, ‘CarPad 5‘. which is essen­tially a 3G enabled Android tablet offer­ing its nav­i­ga­tion inter­face along with com­mu­ni­ca­tion and mul­ti­me­dia capa­bil­i­ties. Tablet Fea­tures: CarPad 5 has 5-inch capac­i­tive touch screen and is pow­ered by a 1GHz Sam­sung Cor­tex A8 Exynos 3110 proces­sor. The tablet is

HeadHonchos Launches An Executive Education Portal; Tie-Ups

ABC Con­sul­tants oper­ated job por­tal HeadHonchos.com which tar­gets recruit­ment only at senior man­age­ment level, has launched a learn­ing des­ti­na­tion Exec­u­tive Edu­ca­tion which offers infor­ma­tion on a range of cer­ti­fi­ca­tion pro­grams, spe­cial­ized work­shops and Exec­u­tive MBA pro­grams avail­able for exec­u­tive and man­age­ment edu­ca­tion. Tie-ups:  The com­pany claims to have tied up with var­i­ous busi­ness schools across India and world­wide includ­ing IIM Bangalore, INSEAD,

Airtel Q1FY13 Conference Call Live

We were report­ing the Bharti Air­tel con­call live. Read about the results here. From the con­call: 2:03 pm Major devel­op­ments: ( Sarvjit Singh Dhillon) Com­pany con­tin­ues to invest in 3G and 4G. We have started dis­clos­ing data metrics.BWA licenses in 4 cir­cles and 3G licenses..$165 mil­lion in acquir­ing Qualcomm’s 4G licenses. Enter­prise value at $550 mil­lion.

InfoEdge Q1-FY13 Conference Call: On Plans for Naukri, Social Hiring

Dur­ing the company’s con­fer­ence call announc­ing its Q1-FY13 results, Info Edge CEO Hitesh Oberoi informed that the company’s net sales were at Rs 106 crore for the quar­ter ended 3oth June 2012, a 32% increase from Rs 87 crore in the same quar­ter last year, Sequen­tially how­ever, the net sales were flat. For the quar­ter, the oper­at­ing

TimesJobs Launches StepAhead; Services & Pricing

Times Busi­ness Solu­tions Ltd oper­ated job por­tal TimesJobs.com has launched a paid career ser­vices des­ti­na­tion StepA­head which will offer per­son­al­ized ser­vices to entry, mid­dle and senior level pro­fes­sion­als and job seek­ers to offer assis­tance in var­i­ous stages of job search­ing, job appli­ca­tion process and self-improvement. Ser­vices: The por­tal cur­rently focuses on con­sumer ser­vices and among the ser­vices

Airtel: Data Revenue Up 6.63% QoQ, 38.66M Data Subscribers, Data ARPU At Rs 40 For Q1FY13

Air­tel has reported 38.66 mil­lion data sub­scribers in India, an 8% QoQ growth, out of which 3.71 mil­lion are 3G sub­scribers, a growth of 37% QoQ for the quar­ter ended 30th June 2012. 20.6% of Airtel’s mobile user base uses data ser­vices, with a total of 12,566 mil­lion MBs (Megabytes) of data usage being reported

GameOn India Secures Angel Funding From Shiven Malhotra

Volano Enter­tain­ment Pvt Ltd, that oper­ates Game­sOn India – a sports dis­cus­sion por­tal and a sports events man­age­ment com­pany, has raised fund­ing from angel investor Shiven Mal­ho­tra in an angel round, reports Tech­cir­cle. The finan­cial details of the deal have not been disclosed. The fund­ing raised will be used for scal­ing up the team and expand­ing oper­a­tions

GoDaddy India Adds Net Banking & Other Payment Options; 91% Growth YoY

Inter­net domain reg­is­trar and web host­ing provider GoDaddy has now intro­duced sev­eral new India-specific pay­ment options includ­ing Net­Bank­ing, cash cards and mobile pay­ments, in addi­tion to the reg­u­lar credit cards and debit cards pay­ment modes. Inter­est­ingly, while the com­pany self-processes all trans­ac­tions done through credit and debit cards, it has tied up with the pay­ment gate­way CCAv­enue