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Top-level churn continues at Ola

TMT

13 February, 2017

Top-level churn continues at Ola

The exodus of key personnel at cab-hailing firm Ola shows no signs of stopping, with another top-level resignation coming to ......

Snapdeal disbands SD Instant team in cost-cutting drive

TMT

13 February, 2017

Snapdeal disbands SD Instant team in cost-cutting drive

After reports of Snapdeal laying off nearly 30% of its staff, co-founders Kunal Bahl and Rohit Bansal have sent out ......

Jugnoo starts cab-hailing biz as Ola, Uber drivers go on strike

TMT

13 February, 2017

Jugnoo starts cab-hailing biz as Ola, Uber drivers go on strike

SoCoMo Technologies Pvt. Ltd, which runs on-demand delivery services startup and auto rickshaw aggregator Jugnoo, has announced its entry into ......

OMA Emirates buys mobile payments firm MobiSwipe

TMT

13 February, 2017

OMA Emirates buys mobile payments firm MobiSwipe

United Arab Emirates-based payments solutions provider OMA Emirates has acquired Mumbai-based MobiSwipe Technologies Pvt. Ltd for an undisclosed sum as ......

Vertex Ventures, others invest in industrial IoT firm Flutura

TMT

13 February, 2017

Vertex Ventures, others invest in industrial IoT firm Flutura

Bengaluru-based industrial internet of things (IIoT) startup Flutura Decision Sciences and Analytics, run by Flutura Business Solutions Pvt. Ltd, has ......

Accel, IDG Ventures, others back med-tech startup SigTuple

TMT

13 February, 2017

Accel, IDG Ventures, others back med-tech startup SigTuple

Medical-technology startup SigTuple Technologies Pvt. Ltd has raised $5.8 million (around Rs 38.8 crore) in a Series A funding round ......

Tejas Networks files for IPO; Frontline PE, Intel Capital to sell stake

TMT

10 February, 2017

Tejas Networks files for IPO; Frontline PE, Intel Capital to sell stake

Bangalore-based telecom equipment company Tejas Networks Ltd on Friday filed draft papers with the capital markets regulator Securities and Exchange ......

Verizon may trim Yahoo deal value by up to $350 mn

TMT

16 February, 2017

Verizon may trim Yahoo deal value by up to $350 mn

Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc's (YHOO.O) core internet business for $250 ......

‘Drama' in media over governance issues very distracting, says Infosys CEO Sikka

TMT

13 February, 2017

‘Drama' in media over governance issues very distracting, says Infosys CEO Sikka

Infosys Chief Executive Vishal Sikka said talk in the media on concerns over corporate governance at the software services firm ......

Chennai Angels leads funding in auto services startup GoBumpr

TMT

10 February, 2017

Chennai Angels leads funding in auto services startup GoBumpr

Northerly Automotive Solutions Pvt Ltd, which runs and operates automobile services platform GoBumpr, has raised $300,000 (Rs 2 crore) in ......