Weekly Wrap-Up: HCL Shut Down, Nexus 5 Launch, Zoho Trolling Salesforce, IRCTC E-Wallet & More…


It’s Monday morning, and time to do a quick wrap-up of the posts published on Trak.in last week.Trak.in weekly news wrap-up

This is what the real product innovation is – A simple idea, that has a real world use and is very simple. An Indian designer Sayalee Kaluskar has created unique Ray-Ban sunglasses that have solar panels that can help you charge your iPhone!

So which country do you think uses twitter the most? No, its not US, UK, Brazil or India. Surprisingly, it’s Saudi Arabia which has the maximum penetration and usage of Twitter!

Online shopping comparison site, Buyhatke.com has recently released a nifty chrome extension – Compare Hatke – that allows you to seamlessly find the best price for the product you are shopping online.

Three Firms have announced raising of funds: Urban Ladder Raised USD 5 mln in Series A, Ketto raises $150k and JustEat raised undisclosed amount in its third round of funding.

According to a research report released by GFK and Monsters, Indian workers are third most satisfied lot in the world with their jobs and least amount of people who do not like what they do!

While Smart watches may be relatively successful in western countries like US and UK, they will never succeed in India and for a good reason. Not only are they costly, but also do not do anything extra, which a smartphone cannot achieve

Iconic Indian PC Brand HCL has decided to shut down its PC manufacturing business. Here are 3 Possible reasons why they have decided to do so…

Intex has announced plan to launch India’s first Octa-core smartphone by early next year. Yet to be named smartphone will have a 1.7 GHz octa-core processor and will come with 2GB ram!

Government of India has approved 20 Foreign Direct Investment proposals amounting to Rs. 915.83 crore have been approved based on the recommendations given by Foreign Investment Promotion Board (FIPB).

Viber has now announced the launch of Viber Desktop 4.0, bringing the latest updates from its major mobile update to the desktop. It now supports Windows as well as Linux Platforms.

Google Play store has now made Nexus 5 smartphone and Nexus 7 tablet for Indian users. Interestingly all versions and variants are available at extremely good price as well!

Looks like Indian billionaire investor Azim Premji is all set to make his debut in Indian ecommerce space with a investment of Rs. 300 crore in Myntra.com!

Trust Zoho to come up with some unique ways to compete with biggies. They have Zoho has successfully trolled Salesforce’s largest cloud-computing event Dreamforce and gained great mileage out of it.

Google has finally released update for Google Nexus 4. Along with Nexus 4, another phone that is getting the update is Moto X!

Google has launched an initiative called “Helping Women Get Online” in a quest to bring over 50 million Indian women online by end of 2014.

According to a latest emarketer report, India leads social networking growth across all nations in the world. The report also states that India will have largest Facebook population in the world by 2016.

Finally it has happened, after continued growth since start of mobile revolution, feature phone sales have dropped for the first time in India. On the other hand smartphones registered whopping 152% growth.

PayUPaisa has announced launch of new ‘Release on Delivery’ model, which is a great Alternative to cash on delivery transactions as merchant gets paid only after delivery of product and explicit permission from buyer to release the payment to merchant.

Funding Digest: Sequoia Capital puts $15m in Girnar Software, FabAlley Raises Funding From Indian Angel Network and VoxPopClothing Raises $400,00 from Blume Ventures.

IRCTC website has added a e-Wallet feature that aims at easing the issues faced by ticket buyers on the site. Users can first deposit money upto Rs. 5000 in their wallet and then use that balance to buy tickets till the balance is available

Tata Docomo has introduced a new feature for their users, where they will get free minutes for viewing mobile ads through a mobile app called “Get”. Do you think it will work?

Fortumo, one of the first mobile payments company to offer direct billing support for in-app purchases in India, has announced opening up its office in India. They have also appointed Sanjay Sinha as General Manager for Fortumo India.

If you are having lot of cash in your home, right now is the time to get rid of all the scribbled currency notes. According to RBI mandate, they will not be accepted by Banks starting January 1st, 2014.

Here are 3 Reasons Every Successful Entrepreneur Should Nurture Communities.

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