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ICICI Bank to pick up minority stake in biometric payment startup Tapits

TMT

02 February, 2018

ICICI Bank to pick up minority stake in biometric payment startup Tapits

ICICI Bank, the country’s largest private sector lender, is investing in Mumbai-headquartered mobile payments startup Tapits Technologies Pvt. Ltd.In a ......

Co-working space provider Creator's Gurukul raises fresh round of funding

TMT

02 February, 2018

Co-working space provider Creator's Gurukul raises fresh round of funding

Cricketer Yuvraj Singh-backed co-working space provider Creator’s Gurukul has raised an undisclosed amount of funding from existing and new investors.Existing ......

Bitcoin sinks below $8,000 in worst week since 2013

TMT

02 February, 2018

Bitcoin sinks below $8,000 in worst week since 2013

Cryptocurrencies plunged on Friday, with several of the largest falling by more than 20 percent and bitcoin sliding below $8,000 ......

TenMarks' Rohit Agarwal on founding a startup, learning from Amazon and more

TMT

02 February, 2018

TenMarks' Rohit Agarwal on founding a startup, learning from Amazon and more

Rohit Agarwal co-founded US-based online education company TenMarks in 2009 and sold it in 2013 to Amazon, where he worked ......

Microsoft tops Amazon in cloud revenue for Oct-Dec 2017

TMT

02 February, 2018

Microsoft tops Amazon in cloud revenue for Oct-Dec 2017

Microsoft’s hybrid cloud strategy seems to be paying off as the Satya Nadella-led company topped Jeff Bezos-led Amazon’s cloud services ......

Uber, Ola and others sign shared mobility principles for livable cities

TMT

02 February, 2018

Uber, Ola and others sign shared mobility principles for livable cities

Fifteen of the world’s leading tech-enabled transportation services companies, including Indian cab aggregator Ola and its US-based rival Uber, have ......

Number of connected IoT devices will cross 31 bn globally in 2018: IHS Markit

TMT

02 February, 2018

Number of connected IoT devices will cross 31 bn globally in 2018: IHS Markit

Driven by the need for intelligent connected devices in industrial and commercial applications, the number of connected Internet of Things ......

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VC firm GVFL harvests good returns with Axio Biosolutions exit

Healthcare

02 February, 2018

VC firm GVFL harvests good returns with Axio Biosolutions exit

Seven years after investing in Axio Biosolutions Pvt. Ltd, GVFL Ltd has exited the healthcare equipment startup with stellar returns, ......

BharatMatrimony's Q3 net profit rises 75% on one-time gain

TMT

02 February, 2018

BharatMatrimony's Q3 net profit rises 75% on one-time gain

Matrimony.com Pvt. Ltd, which operates online matchmaking portal BharatMatrimony and a clutch of affiliated websites, has reported consolidated net profit ......

Apple says India revenue for Oct-Dec quarter at a record

TMT

02 February, 2018

Apple says India revenue for Oct-Dec quarter at a record

Tech giant Apple Inc. has reported all-time high revenue from India for the October-December quarter, led by record unit sales ......