Technology
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......