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Nilekanis sign Giving Pledge, donate half their wealth to charity

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20 November, 2017

Nilekanis sign Giving Pledge, donate half their wealth to charity

Infosys co-founder and tech billionaire Nandan Nilekani and his wife Rohini Nilekani have joined The Giving Pledge, an elite network ......

Alibaba expands offline bet with $2.9 bn stake in top Chinese grocer

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20 November, 2017

Alibaba expands offline bet with $2.9 bn stake in top Chinese grocer

Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake ......

Tiger Global's Lee Fixel resigns from Ola's board

People

20 November, 2017

Tiger Global's Lee Fixel resigns from Ola's board

Tiger Global Management partner Lee Fixel has resigned from the board of cab aggregator Ola, where the US-based hedge fund ......

VCC Startups weekly wrap: Amazon India beefs up; Uber, Facebook test new offerings

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18 November, 2017

VCC Startups weekly wrap: Amazon India beefs up; Uber, Facebook test new offerings

Global internet giants Amazon, Facebook and Uber took strategic steps this week to expand their India presence.Amazon pumped in more ......

Ed-tech startup Perspectico gets seed funding from Delhi govt-backed incubator

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17 November, 2017

Ed-tech startup Perspectico gets seed funding from Delhi govt-backed incubator

Delhi-based education-technology startup Perspectico Learning Pvt. Ltd has raised an undisclosed amount of seed funding from SSCBS Innovation and Incubation ......

Ebix to pick up 50% stake in Kanoria's BPO biz Vara Technologies

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17 November, 2017

Ebix to pick up 50% stake in Kanoria's BPO biz Vara Technologies

In back-to-back deals, US-based software and ecommerce service firm Ebix, Inc has formed a joint venture with Vara Technologies and ......

Bitcoin soars to new record near $8,000 on talk of split

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17 November, 2017

Bitcoin soars to new record near $8,000 on talk of split

Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the ......

Logistics startup Shadowfax posts three-fold rise in FY17 revenue

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17 November, 2017

Logistics startup Shadowfax posts three-fold rise in FY17 revenue

Bangalore-based Shadowfax Technologies Pvt. Ltd, which runs an eponymous business-to-business (B2B) logistics startup, posted gross revenue of Rs 34.07 crore ......

Karnataka signs pact with French trade commission to promote startups

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17 November, 2017

Karnataka signs pact with French trade commission to promote startups

The Karnataka government on Friday said that it had signed a memorandum of understanding with Business France India, the French ......

Uber testing new features to target offline, low-bandwidth users

TMT

17 November, 2017

Uber testing new features to target offline, low-bandwidth users

Cab-hailing firm Uber Technologies Inc. is testing a number of features for emerging markets like India, as it looks to ......