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IT services firm Novigo in talks to sell majority stake, hires banker

TMT

15 October, 2024

IT services firm Novigo in talks to sell majority stake, hires banker

Novigo Solutions Pvt Ltd, an India- and US-based IT services company, is on the block and is being evaluated by a ......

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Swiggy gets a valuation mark-up from an investor ahead of IPO

TMT

15 October, 2024

Swiggy gets a valuation mark-up from an investor ahead of IPO

Food delivery and essentials aggregator Swiggy, which is gearing up for one of the largest new-age initial public offerings by ......

IBM acquires Bengaluru-based SaaS firm

TMT

15 October, 2024

IBM acquires Bengaluru-based SaaS firm

US-based IT major IBM Tuesday announced acquisition of Prescinto Technologies, a solar energy software-as-a-service analytics and monitoring platform. The Bengaluru-headquartered ......

Musk reacts to Ambani lobbying, calls any India move to auction satellite spectrum 'unprecedented'

TMT

15 October, 2024

Musk reacts to Ambani lobbying, calls any India move to auction satellite spectrum 'unprecedented'

Starlink boss Elon Musk said a move by India to auction satellite broadband spectrum, and not allocate it, would be ......

Perceptyne, Elixia, Brown Living, Kingdom of White raise early-stage funding

Consumer

14 October, 2024

Perceptyne, Elixia, Brown Living, Kingdom of White raise early-stage funding

Deeptech robotics startup Perceptyne, logistics automation startup Elixia, sustainable products marketplace Brown Living, and lifestyle brand Kingdom of White have ......

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Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

TMT

14 October, 2024

Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

Bengaluru-based furniture rental startup Rentomojo, which posted a drop in sales for two years in a row during the peak ......

Accel-backed Jetapult acquires "major" stake in Saudi-based UMX

TMT

14 October, 2024

Accel-backed Jetapult acquires "major" stake in Saudi-based UMX

Gaming startup Jetapult, which is backed by Accel, Fireside and JetSynthesys, Monday said it has acquired a “major” stake in ......

Creaegis leads Series C funding in industrial robot maker Haber

TMT

11 October, 2024

Creaegis leads Series C funding in industrial robot maker Haber

Pune-based industrial robotics startup Haber has raised $38 million (about Rs 320 crore) in a Series C round of funding ......

MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding

TMT

11 October, 2024

MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding

Dealmaking activity in the Middle East and North Africa region this week was led by Saudi Arabian e-grocery delivery platform ......

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Bottomline: Schoolnet India passes FY24 with flying colours

TMT

11 October, 2024

Bottomline: Schoolnet India passes FY24 with flying colours

New Delhi-based ed-tech company Schoolnet India Ltd, which recently added a marquee offshore investor to its cap table, showcased a ......