Zoffio wants to be the Staples of India

The office supplies portal*claims to have*sold 3.3M products last year; expects to touch*1,000 orders per day by year end Zuri Group, a known-name in the hospitality, realty and energy industries, forayed into e-commerce in 2013 with the launch of office supplies portal Zoffio.com in India. The e-commerce business has since been growing steadily and claims...

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SAIF Partners invests US$2 million in industrybuying.com

Industrybuying is an industrial e-commerce player focussed on the B2B industrial space Funding to*be used to boost traffic, expand product coverage and drive revenue growth The company also intends to build custom e-commerce products to bring corporate buying online SAIF Partners has invested US$2*million*in India’s industrybuying.com, an industrial e-commerce player focussed on the B2B industrial...

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Viber risks being banned in Korea following patent suit by SK Telecom

The suit argues that Viber infringed on four patents*held by SK Telecom Viber*could now be banned in South Korea after a ruling in the Seoul Central District Court said, “Viber has infringed on four patents held by SK Telecom and that the company should not distribute its application in the South Korean market”, according to...

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Xero secures US$141M from Accel Partners, Matrix Capital Management

Accel Partners has agreed to invest US$100 million in the online accounting company Matrix Capital Management to invest an additional US$10.8 million Funds will be used to fuel innovation and growth globally* Australia-based online accounting company Xero today announced Accel Partners has agreed to invest US$100 million at US$15.052 per share, through a number of...

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Former Infosys CFOs invest in Indian tax info portal Taxsutra

Taxsutra has raised US$160,000 from former Infosys CFOs V Balakrishnan and TV Mohandas Pai The portal provides real-time tax-related information, analysis and insights to corporates and professionals Taxsutra will use the funds to scale up the company and improve technology Taxsutra, an India-based portal providing real-time tax-related information, analysis and insights to corporates and professionals,...

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The search for Echelon’s TOP 100 Startups kicks off in four cities

Mark your calendars for the qualifiers in four exciting cities, as the search for Echelon’s Top 100 Startups kicks off The search for Echelon’s TOP100 Startups begins in*Ho Chi Minh City, Vietnam,*Bangkok, Thailand,*Manila, the Philippines, and*Sydney, Australia. Shortlisted startups will pitch at these qualifiers, where one startup will be crowned the “Judges’ Choice”. Because*e27*works closely...

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[Singapore] Emirates TRAVEL HACKATHON

Interested in a fast-paced brainstorming and hacking session? Sign up for the Emirates Travel Hackathon. Synopsis: Emirates Travel Hackathon is an exciting 24-hour coding marathon bringing together talented developers and designers to build new and innovative travel-centric applications using web and mobile API’s. Get ready for a fast-paced brainstorming and hacking session with some of...

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