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IDG Ventures and Axilor Ventures partner to fund frontier tech startups

TMT

06 March, 2017

IDG Ventures and Axilor Ventures partner to fund frontier tech startups

India-focused technology venture capital fund IDG Ventures India and Bangalore-based startup accelerator Axilor Ventures have come together to launch a ......

Cloud telephony firm Knowlarity hires former OYO Rooms exec as CTO

TMT

06 March, 2017

Cloud telephony firm Knowlarity hires former OYO Rooms exec as CTO

Cloud telephony firm Knowlarity has appointed former OYO Rooms executive Ajay Shrivastava as its chief technology officer, a statement issued ......

Flipkart suffers yet another valuation markdown

TMT

03 March, 2017

Flipkart suffers yet another valuation markdown

Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of ......

Do Uber drivers make more than the average software developer?

TMT

03 March, 2017

Do Uber drivers make more than the average software developer?

On Friday, Uber India head Amit Jain sought to dispel the simmering discontent among its drivers over falling earnings and ......

Sticker search app Emojifi raises angel funding

TMT

03 March, 2017

Sticker search app Emojifi raises angel funding

Emojifi, an app that provides live emoji, sticker and graphics interchange format (GIF) suggestions based on the typed words across ......

BCCL invests $1 mn in m-commerce enabler OhoShop

TMT

03 March, 2017

BCCL invests $1 mn in m-commerce enabler OhoShop

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has invested Rs 6.7 crore ($1 million) in software-as-a-service (SaaS) based m-commerce ......

Ed-tech startup Nactus raises angel funding

TMT

03 March, 2017

Ed-tech startup Nactus raises angel funding

Jaipur-based ed-tech startup Nactus India Services Pvt Ltd has raised an undisclosed amount from a group of angel investors, said ......

Infibeam to acquire ERP solutions firm DRC Systems

TMT

03 March, 2017

Infibeam to acquire ERP solutions firm DRC Systems

Infibeam Incorporation Ltd, the parent of online marketplace Infibeam and e-commerce enabler BuildaBazaar, is acquiring Ahmedabad-based DRC Systems Pvt. Ltd ......

LeEco fires 85% staff, likely to exit India

TMT

03 March, 2017

LeEco fires 85% staff, likely to exit India

Chinese smartphone maker LeEco, which previously indicated financial strains, has fired 85% of employees in India and is likely to ......

Alibaba to invest $177 mn in Paytm E-Commerce, hike stake to 62%

TMT

04 March, 2017

Alibaba to invest $177 mn in Paytm E-Commerce, hike stake to 62%

Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications Ltd, is raising $200 million (Rs 1,334 crore) in ......