Sun, May 28, 2017 | updated 08:33 PM IST

Intex launches 'Wishnbuy.com'

Updated: Oct 07, 2016 14:15 IST      
Intex launches 'Wishnbuy.com'
New Delhi [India], Oct. 7 (ANI): Intex Technologies has launched its own e-commerce marketplace called 'Wishnbuy.com' .

It also launched a mobile wallet called 'MyWallet' yesterday.

Intex has partnered with Tata Teleservices' mobile wallet mRUPEE to launch Intex MyWallet, which puts it in direct competition with larger rival Micromax that has mobile wallet service 'Udio' in partnership with TranServ and Visa.

With these two announcements, Intex has diversified into the digital space and is looking to drive future growth of the company by offering premium value added-services.

Intex-funded Wishnbuy will be running as a separate entity. The company used this pitch to convince diverse manufacturers and even competitors like Samsung, Micromax, Lava and others, to sell their products on the portal.

The company has hired third-party delivery companies, Delhivery and Aramex, to handle last mile logistics.

Intex Technologies has been going through a period of internal restructuring and is dealing with tough competition in the smartphone market with other Indian and Chinese vendors.

Its mobile phone shipments dropped sequentially in the quarter ended in June.

"Three years to five years is the time we will be looking to competing with them (existing dominant players such as Flipkart and Amazon)," said Madhur Arora, General Manager ,Strategy and Commerce, Intex.

Intex is relying heavily on being an Indian manufacturer and longtime consumer electronics seller, to expand its ecommerce business by understanding optimal price points, product categories along with exclusive product categories to drive traffic to the website.(ANI)

Apple to develop AI chip for iPhone

Updated: May 27, 2017 13:26 IST     

New York [U.S.A.], May 27 (ANI): Owing to the increasing popularity of artificial intelligence (AI), technology giant Apple is working on a dedicated artificial intelligence chip that would power AI-related tasks on mobile devices, The Verge quoted a Bloomberg report saying.

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U-Dictionary supports sentence translation inside any App

Updated: May 26, 2017 17:46 IST     

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Pokkt's SDK version 6.0 to enable in-game branding

Updated: May 26, 2017 12:58 IST     

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DocsApp aims to clock 5 million downloads by 2018

Updated: May 26, 2017 12:21 IST     

New Delhi [India], May 26 (ANI): Online hospital DocsApp registered a 25 percent month-on-month growth, and is aiming to serve more patients than all offline hospital chains, along with reaching 5 million downloads on Google Play Store by 2018.

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OLX mobile phones category booming steered by Millennials

Updated: May 25, 2017 15:50 IST     

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Updated: May 25, 2017 11:36 IST     

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NVS goes Digital, to establish 8 Centers of Excellence in 8 cities

Updated: May 23, 2017 16:55 IST      By: Onkareshwar Pandey

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New Delhi [India], May 22 (ANI): Communications platform Truecaller on Monday unveiled its latest update of group messaging and MMS features on its app, which will enable users to share pictures, loop in the same text when communicating among friends along with the bolt speed flash messaging.

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New Delhi [India], May 19 (ANI): As part of Microsoft's 'Public Cloud for Good' initiative, Microsoft India is making Microsoft Azure broadly available to eligible non-profit organizations, bringing the power of technology to them.

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New Delhi [India], May 19 (ANI): UCWeb Inc's holding company, Alibaba Group on Friday reported a 271 percent jump (year-on-year) in its Digital Media and Entertainment revenue for the fiscal year ended March 31.

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New Delhi [India], May 18 (ANI): Acer India on Thursday announced the appointment of Rajeev Chandrashekar as Director of Consumer Products (Gaming).

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Ericsson, Microsoft tie-up to accelerate IoT globally

Updated: May 18, 2017 13:22 IST     

New Delhi [India], May 18 (ANI): Leader in communications technology and services Ericsson on Thursday announced its partnership with Microsoft to further strengthen the global Internet of Things (IoT) ecosystem by enabling enterprises to speed up the time it takes to launch mobile network-based IoT services.

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New Delhi [India], May 17 (ANI): Adobe on Wednesday announced the appointment of Sunder Madakshira as Head of Marketing for its India business.

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