Jaipur 16th January, 2019: Bengaluru based Fintech company Instamojo, announced today the closing of its Series-B round of funding. The round saw Instamojo raise Rs 50 Crore, led by both existing and new investors. Existing investors included AnyPay, Kalaari, Beenext & Rashmi Kwatra, along with first time investor – Gunosy Capital. Instamojo began its journey in the Fintech space …

Jaipur, January 16, 2019:  YES BANK, India’s fourth largest private sector Bank, signed a Memorandum of Understanding (MoU) with Kia Motors, world’s eighth largest automaker, to enter into a strategic financing partnership, making it one of the first Indian banks to become their preferred financier. The benefits of this partnership will be extended to the entire auto value chain – …

Jaipur, January 16, 2019: Gensol Mobility, part of smart technology driven Gensol group, today launched India’s first ever 100 percent smart electric fleet BLU-SMART in New Delhi and the national capital region, to usher in an era of smart urban electric mobility for consumers and also improve the quality of life in the country’s pollution rid towns and cities. The …

Production The industry produced a total 23,861,485 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-December 2018 as against 21,432,030 in April-December 2017, registering a growth of 11.34 percent over the same period last year. Domestic Sales The sale of Passenger Vehicles grew by 4.37 percent in April-December 2018 over the same period last year. …

Jaipur, January 16, 2019: The Election Commission of India (ECI) has thought it fit to reach out to all intermediaries including social media platforms for its proposed revision of the Provisions of Section 126 of the Representation of People Act, 1951, through the Internet and Mobile Association of India [IAMAI]. IAMAI welcomes the Report of the Committee to Review the …

Jaipur, 16 January 2019: After a day’s rest, Stage 6 kicked off from Arequipa to San Juan De Marcona and the Sherco TVS Rally Factory team continued their steady progress. The team rode through 4 tricky sand dune sectors amidst intense heat and complex navigation. 33km into the special, the fastest rider of the team, Lorenzo Santolino suffered a major …

Jaipur, 16th January 2019: Internet and Mobile Association of India (IAMAI) is back with its annual flagship property — India Digital Summit (IDS) 2019. The 13th season of the event this year spanned across two days will kick-start on 17th January, 2019 at The Lalit, Delhi. The central theme for IDS this year is – ‘Mission 2022 – New Pillars …

Jaipur 16 January 2019: The monsoon god, it seems, smiles at Rajasthan only intermittently. In some years, such as 2017, rains were plentiful, while 2018 was mostly dry. The problem is compounded by the absence of perennial rivers. Luni and Banas remain the only two rivers of some repute that flow across the state. This is why a large part …

Jaipur, January 16, 2019: India’s premier stock exchange, BSE, has signed a Memorandum of Understanding (MoU) with Lucideus, the leading cyber security provider in India to ward off potential cyber threats and secure stock brokers’ interests as per the SEBI guidelines. Lucideus will build and provide a Cyber Security Operations Center (SOC) as a service using Lucideus’ Artificial Intelligence and …

Jaipur, 16 January, 2019: Axis Bank, India’s third largest private sector bank, today hosted the 5th edition of ‘Evolve’, an annual knowledge series for the bank’s Small and Medium Enterprises (SME) customers. Evolve is a platform for SMEs to learn and interact with leaders who have driven the wheels of innovation in their companies across areas of Manufacturing, Distribution, Marketing …