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Saturday, September 15, 2012

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In short, the last couple of years saw the evolution of the indian ecommerce industry at a rapid pace, but am afraid it will seem like a warm up period. The actual games begin now. Stakes get larger, the battlefield gets refined, and there will be bloodbath for sure.
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An appeal by Consim Info Private Limited, the company which runs marriage portals like Bharat Matrimony and Tamil Matrimony against Google India and four other firms was dismissed by the Madras High Court on Friday. The Chennai based company had sued its rivals SimplyMarry.com and Shaadi.com along with Google in 2009.
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Rohan quit technology to start up BumsOnTheSaddle a while ago, and is actively involved in not just selling cycles, but selling the idea of cycling itself as well as building a community around it.
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To celebrate, we decided to feature some contemporaries who have decided to use their engineering acumen and problem solving skills to address real life issues and turn entrepreneur.
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The Indian government on Friday approved 51 % foreign direct investment in multi brand retail, paving way for the entry of multinational giants like Walmart and Amazon into one of the largest consumer markets in the world. The cabinet committee on economic affairs cleared the long pending proposal to allow foreign companies to start selling ...
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More to read:

Book Review: Shipping Greatness [Practical lessons on building and launching outstanding software]
Sistema in talks with Maxis to buy Aircel for $ 3 bn, key points
All about Termsheets [Whiteboard Friday]
India orders Google to block anti Islamic film "Innocence of Muslims" on YouTube
Interactively Analyze Big Data in the Cloud using Google BigQuery
Useful Links:
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HSR Layout
Bangalore 560073
India

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Friday, September 14, 2012

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Systema, along with other cell phone operators like Telenor and Etisalat, lost licence to operate in India after a supreme court verdict on 2G spectrum sale scrapped nearly 122 lisences in February
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The video shares an example of how you (founder of the startup) could be selling the company for $20M and still just get $500k in return or very minimum, based on how the term sheet is formed and constructed
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Following the uproar against an anti Islamic movie in Libya and Egypt, government of India has asked Google to ban 11 YouTube videos that contain excerpts of the movie. The center's request is at the behest of Jammu & Kashmir state government which forwarded a court order that sought to remove the film's excerpts.
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Organizations and businesses today live and breathe data. Data is being used for a variety of different purposes such as understanding and predicting, user traffic and trends, improve supply chain management, better product marketing, sentiment analysis, and the list pretty much goes on and on and on. Google is undoubtedly one company that has massive ...
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A project aimed at reducing corruption and improving traffic management in Bangalore with the help of Blackberry phones is about to be shut down. Traffic cops in Bangalore, one of the first in the country to start using Blackberry mobile phones on the field to track violations are going to stop using the phone.
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It will be a long long time before good old classroom teaching disappears (perhaps never) but alternative methods such as e-learning is certainly picking up. Suburban schools that flaunt “smart” classes and a digital teaching experience stand testimony to the fact that technology is making inroads into the vast education sector of India. Dorai Thodla, ...
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Indian Mobile growth story is played out everywhere. However the Indian Mobile OEMs who have been playing a vital role in this growth are never talked about. This article is an attempt to get into details of their existence and future prospects.
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Third-party private clouds will have a more flexible definition of "privacy." A third-party private cloud offering might share data center facilities with others, could share equipment over time (from a pool of available resources), and could share resources, but be isolated by a virtual private network (VPN) and everything in between.
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Mobile ad network InMobi, which acquired US based Sprout, a platform for creating HTML5 rich media advertising last year is rebranding the company to InMobi Studio.
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More to read:

What's cooking at JustDial? More products and services in the pipeline ahead of the IPO
JustDial to launch Quickquotes, reverse auction service enabling users to access quick quotes from nearby vendors
Poll : How much you will pay for the iPhone 5 in India?
B2B Recharge Industry : The Good, the Bad and the Ugly
MediaTek MT6577 Platform powered handsets from Micromax & Spice
Useful Links:
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Our mailing address is:
Pi
Bangalore
HSR Layout
Bangalore 560073
India

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Thursday, September 13, 2012

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Looks like the company has a few more aces up the sleeve ahead of its initial public offering. Some of the products and services that the company has launched this year or has plans to roll out this year are targeted marketing campaign, events, buy data and mobile apps.
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Given that JustDial has deep existing relationships with stores and service providers in the market, could this become a major marketplace (with reverse auctions) play online, as well as over the phone?
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iPhone 5 supports LTE (LTE connectivity is supported in countries that have 4G). In India, Airtel has launched its 4G service, but again - it's a long walk before we call it a launch.
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This is the reason why big telcos like Airtel and Idea have declared war and stopped entertaining recharge aggregators altogether, thereby effectively warding off competition by killing the distribution channel that gives new telecom players easy access to the market and reduces their entry barrier.
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Spice and Micromax have selected the MT6577 to power their upcoming handsets. Spice plans to launch Mi 500, and Micromax will introduce the dual core version of its Superphone A90 along with two other models based on MediaTek dual core platform MT6577, expected to launch later this month.
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In comparison to other existing options, the focus here is on small eating joints apart from high end restaurants. The idea is to catalogue a pan Delhi listing of restaurants which can deliver food and provide a richer experience to the consumer and drive the sales of the small joints.
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They have managed to get officials to return bribe money to adivasis, get a ration dealers son arrested for beating a dalit lady, procure land deeds and subsidized food for adivasis.
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Apple Inc on Wednesday announced the launch of iPhone 5, its latest in the phenomenally successful phone series. At 112 grams, the phone is 20 % lighter than the previous version, the iPhone 4s.
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The reason for having such a simple, but larger view on Analytics, is that it can then be built to be enmeshed with the ENTIRE organization, and not a stand-alone function. At the UID project, we had a BI and Reporting system in place from the beginning that empowered even an enrolment operator in a remote district of Himachal Pradesh to know the quality (biometric and demographic) of the enrolments he did.
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The project was under pilot with several trains including Rajdhani and Shatabdi and was integrated with Google maps; but the project has now been shut down owing to lack of funds.
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More to read:

Kerala to boost student entrepreneurship in a BIG way:20% attendance and 4% grace marks for student entrepreneurs
Updated: Airtel launches SmartDrive app, brings voice based turn by turn navigation App [But why?]
Of Micropayments, Why Boku failed in India and the road ahead
Mobile browser war: Chinese UCWeb's market share in India grows past 20%
From the new new testament: Wise men build their businesses on devotion [Religious Ecommerce Market in India]
Useful Links:
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Pi
Bangalore
HSR Layout
Bangalore 560073
India

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Wednesday, September 12, 2012

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Kerala chief Minister Oommen Chandy on Wednesday said that the state will give 20 % attendance and 4 % grace mark for student entrepreneurs. He was speaking at the inauguration of Emerging Kerala, a three day event showcasing Kerala as an investor friendly destination. Of late, the south Indian state, which exports the largest number ...
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Traffic is calculated on the basis of number of GPS devices being used on the particular road and their average speed and historical trends of traffic. Currently, it is live in Delhi &NCR, Mumbai and Bangalore cities and will be live in Hyderabad, Chennai and Pune by December
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[Editorial notes:  India's central bank recently said that telecom operators cannot launch mobile wallets on their own unless they partner with banks. Recently, the central retail payments corporation extended interbank mobile payment service to merchant services. The first bit will complicate operations and the second bit is already complicated. Mobile micro payments in the country ...
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Launched in November 2011 in India the browser has overtaken the Nokia browser and is much above other browsers already! Earlier Pi had reported how the UC browser is fast catching up.
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Baba Ramdev's business is worth about Rs 1100 crore. Sri Sathya Sai baba's trust dwarfs Baba Ramdev's by conservative estimates. Sabarimala temple makes over Rs 100 crore by selling prasadam and through donations in one season. Spiritual outfits which sell everything from soap to sandalwood are sitting on a consumer market ready to explode. The simple conclusion? Indians BLOW money on wellness, spirituality and religion.
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Every agreement to invest in a company comes with a clause entitling the investor to a seat on the board of the Company. In many cases, along with the seat on the board of directors of the Company, the investor will also ask for the ability to appoint a "nominee" to the board.
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Vyome is developing creative approaches that will transform how skin diseases will be treated in the future. Dermatology is one area that has not seen much innovation for over five decades but with the recent advances in science, significantly more effective solutions become possible.
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During 2011, 32 % of social network users among the Indian respondents (1000 respondents from India) have been victim of either social or mobile cybercrime.
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Sadly these 4 employees of a startup were not so lucky. They slogged for 14 hours a day hoping for financial security, but it turned out to be a pipe dream.
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Until now, the little known payment method could be used to transfer money between two individuals and wasn't used by many due to an unwieldy process one has to go through. But now, the national payments corporation of India (NPCI) backed by 50 banks in the country has extended this to merchant payments.
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The investment was made through optionally convertible cumulative redeemable preference shares. With this fresh investment, Infoedge Edge's investment in 99labels totaled around $4.5 million.
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More to read:

Free apps will account for 89% of total downloads [Report]
Walmart's new search engine increased conversion rates says its global e-commerce CTO [Update: India to announce FDI in retail soon]
Of "Why vs How" and what to answer in early days of your startup
Dominos' site hacked; 37,000 accounts data compromised [stored password in plain text]
Impact of Virtual trial rooms in Ecommerce : Improved conversion, Reduced order returns
Useful Links:
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Our mailing address is:
Pi
Bangalore
HSR Layout
Bangalore 560073
India

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Tuesday, September 11, 2012

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Pluggd.in
Free apps will account for 89 percent of total downloads in 2012, according to Gartner, Inc. Worldwide mobile app store downloads will surpass 45.6 billion in 2012, with free downloads accounting for 40.1 billion, and paid-for downloads totaling 5 billion. Worldwide, smart device popularity drives opportunity for mobile app stores which by 2016 will reach 310 billion downloads and $74 billion in revenue.
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Retail giant Walmart on Tuesday said that the semantic search engine it launched last month has increased conversion rates by 10- 15 % on its online store Walmart.com. A handful of engineers from Bangalore were also part of the search analytics team that created the search engine christened Polaris.
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When there is a lot of uncertainty regarding the product, answering 'why' could (and I say, could) turn out to be a never-ending-loop. You might be looking for data that doesn't exist, you could be looking for customers who are still asking for 'better horses'.
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Hackers have leaked details of about 37,000 accounts, including names, phone numbers, email addresses, passwords and city details; and the passwords have been released in plain text.
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Zovi also witnessed a 25-30 % increase in the revenue since Zovi Eye launch, says Monappa N, Head (Marketing), Zovi. Conversion rate has also gone up by 5- 6 % because of its try it on feature.
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Here's a fact: if given a choice, an Indian consumer will buy a foreign brand instead of a domestic one. At its most basic level, this preference is sparked by prejudices against an Indian brand name, even though there is no valid reason to justify this bias.
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So after the Blog got destroyed I had some strong words with various individuals in the team and they have reassured me that they shall take all required steps to make sure it does not happen again - a sentiment I do wish reflects in the attitude of some of our most loving Ef and TwFmXt
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More to read:

News Roundup: Telcos say Twitter cannot be blocked statewise, Snapdeal launches brand pages
Indian IT employees among the worst paid in the world: Report
Entrepreneurial lessons from Dr. Verghese Kurien, the milkman who didn't enjoy drinking milk (but sold it to all of us)
Telecom subscribers in India decline by 2%, Broadband base stands at 14.68 million
When Steve Jobs said "We should go to India" and recommended articles for the week [The Sunny Mag]
Useful Links:
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Our mailing address is:
Pi
Bangalore
HSR Layout
Bangalore 560073
India

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