Weekly Wrap-up: Flipkart-Myntra Deal, WhatsApp Record, HomeShop18 IPO & More…


It’s Monday morning and before we move forward it is time to do a quick wrap-up of articles we published on trak.in last week.Trak.in weekly news wrap-up

Competition Commission of India (CCI) has slapped a fine of Rs 1 crore on Google Inc. The fine has been placed on Google as it failed to provide CCI with the requested information and details pertaining to the ongoing anti-trust cases running against them.

Now, you can purchase the Kindle devices directly from Amazon on EMI as low as Rs. 900 for Kindle Paperwhite and Rs. 500 for Kindle.

Here are 13 Bollywood celebrities who have decided to contest this year’s General Elections and try out their luck.

Google has introduced a new feature on its social networking platform: Google+, which enables everyone to see how many views any profile or page has received till now.

So, last week we had the April Fool’s day: Here are 5 April Fool Pranks played by Indian Online Companies (that were not lame…)

Over last few years, the smartphone screen sizes have been increasing continuously, and now it is upto a level where every flagship, except Apple has a screen over 5 to 5.5 inch! It’s time to stop the large screen madness now!

SpiceJet spiced up the domestic airfares by announcing special tickets priced just at Re 1. The offer was valid only for three days, and was meant for travel post July 1, 2014. The fare of Re 1 was excluding any taxes. Besides this offer, SpiceJet had also announced special fares at Rs 799 and Rs 1499. But DGCA Shot it down as malpractice

Gionee launched World’s slimmest phone – The Gionee Elife S5.5 – But the event was such that it achieved a lot more than just launch of a phone. It actually created an image of a company which thinks big and creates products that consumer love.

WhatsApp made an announcement today on their Twitter account, where they announced the record. They handled over 64 billion messages, Out of which, 20 billion were sent and 44 billion were received by WhatsApp users.

According to ET report, Flipkart and Myntra are close to having a deal that could either be a outright acquisition by the former, or a commercial partnership of sorts.

Croma Retail has introduced a very interesting new feature: Store Pickup. Using this, consumers can now order online via Chroma website and pick up their product from the store on the same day itself.

In this episode of Funding Digest: Elasticbox Raises $9 Million Funding led by Nexus Venture Partners, Hike Messenger Raises $14 Million from Bharti Softbank Holdings, Appiterate raises $500K seed Funding from Saif Partners & Others.

Few hours back during Microsoft’s Build 2014 event in The Moscone Center, San Francisco, CA, they have officially announced that Windows would be free for mobile, tablets and the Internet of Things.

Canonical has decided to shut down Its Ubuntu One Cloud Service.  It could not compete with other services that were increasing the cloud space every day, especially considering Canonical has limited resources and they are right now focusing on ‘a convergent OS for phones, tablets and PC.

Press Information Bureau (PIB) has decided to launch a special web portal that will offer citizens every kind of information that they may want about these General Elections 2014

India’s first 24-Hour Home Shopping TV Channel and India’s 5th most trafficked eCommerce portal (Comscore 2013): HomeShop18.com has filed for listing on New York Stock Exchange (NYSE) and is looking forward to raise $75 million from the investors present there.

Indian leading Venture Capital firm Accel Partners has released an in-depth study of Indian ecommerce space, according to which Indian ecommerce will quadruple from a $2 billion Industry in 2013 to nearly 8.5 Billion by 2016 at a CAGR of 63%.

Indian Railway Catering and Tourism Corporation (IRCTC) South Zone has come up with an interesting initiative called Dial-A-Meal, where passengers can call a designated number (90432 777777) and order their favorite food from a reputed third party food chain.

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