Velti completes sale of mobile marketing businesses in India, UK & US to GSO...
Mobile marketing and advertising technology company Velti Plc has closed the sale of its mobile marketing businesses in India, the US and the UK besides a part of its advertising business in the US to...
View ArticleGlobalLogic founders to float angel fund
The founders of California-based software developer GlobalLogic, which was recently acquired by Apax Partners in a multi-million dollar deal, are gearing up to launch an angel fund that would focus on...
View ArticleTiger Global mulling new $1.5B global VC fund
Tiger Global Management LLC, the hedge fund managed by industry mogul Charles Coleman, has kicked off process to raise its eighth venture capital fund focused on later-stage, privately-held technology...
View ArticleFormer Mumbai Angels’ chief launching $25M fund to back tech startups with...
Anil Joshi Anil Joshi, who previously headed Mumbai Angels network, is mulling to raise $25 million for a new fund which would make pre-Series A investments in tech startups, as per a report by...
View Article2014 is likely to be a year of adjustments for Indian economy, say experts
Limited partners or institutional investors which are into private equity are said to usually look at GDP numbers as their first investment protocol. At the recently concluded VCCircle India Limited...
View ArticleDataRPM secures $5.1M in Series A led by InterWest Partners
DataRPM, a Big Data analytics startup selling business intelligence software, has secured $5.1 million in a Series A round of funding from US-based investor InterWest Partners with participation of...
View ArticlePrime Focus Technologies raises $7.5M through OCD issue; deal values firm at...
Prime Focus Technologies (PFT), a technology arm of Mumbai-based visual entertainment services company Prime Focus Ltd, has raised Rs 45 crore ($7.5 million) from a diverse base of high net-worth...
View ArticleNaaptol eyes $50M in third round of funding, plans independent TV shopping...
Tele-shopping and e-commerce platform Naaptol.com, owned by Naaptol Online Shopping Private Limited, is mulling to garner $50 million in a third round of funding to support its expansion plans,...
View ArticleConsumer technology next big thing to happen: WPP’s BrandZ report
Home-grown consumer technology brands failed to make it to the list of top 50 most valuable Indian brands, but the category is ‘on the verge of emergence’ and has already started to gain ground, the...
View ArticleEquifax to acquire remaining 49% stake in data analytics firm NettPositive
US-based consumer credit reporting agency Equifax Inc plans to acquire remaining 49 per cent equity stake in Bangalore-based data analytics and business intelligence company NettPositive, subject to...
View ArticleEuropean VC firm Amadeus Capital to back Indian mobile-tech, digital media &...
London-based technology-focused venture capital firm Amadeus Capital Partners is opening an office in India and is in the process of hiring a head for the local unit as it includes India in the list of...
View ArticleLarry Ellison stepping down as Oracle CEO but not hanging up his boots yet
Larry Ellison, founder and chief of Oracle Corporation, has stepped down as the chief executive officer (CEO) of the global technology giant in what marks the end of an era for celebrity IT honchos,...
View ArticleMajesco to merge with NYSE-listed Cover-All Technologies
Ahmedabad-based IT services company Mastek Ltd’s US-based subsidiary Majesco Inc has signed a definitive agreement to merge NYSE-listed Cover-All Technologies with itself in a 100 per cent...
View ArticleInfosys expands new technology ‘innovation fund’ corpus five-fold to $500M
Vishal Sikka IT major Infosys Ltd has expanded the corpus of its global innovation fund to $500 million from the original $100 million to provide financing to startups and new ideas in the field of...
View ArticleRonnie Screwvala floats online education venture, to initially invest around...
Ronnie Screwvala Media industry veteran Ronnie Screwvala, who has turned into an entrepreneur cum private investor after selling UTV to Disney, is foraying into the online education sector with the...
View ArticleOrion Edutech buys 67% stake in cloud-based skill assessment startup Brain...
Kolkata-based skill development company Orion Edutech Pvt Ltd has acquired a controlling 67 per cent equity stake in Chennai-based Brain Valley Software Pvt Ltd, an independent assessment solution for...
View ArticleTech-focused VC firm Amadeus Capital enters India with office in Bangalore
Bhavanipratap Rana UK-based technology venture capital firm Amadeus Capital Partners has set up its first office in India in Bangalore and will soon announce its first investment in a business with...
View ArticleOnline marketplace for services FindYahan raises angel funding led by...
Delhi NCR-based lifestyle services marketplace FindYahan India Private Limited has raised an undisclosed amount in an angel funding round led by Karan Bajwa, managing director of Microsoft India. The...
View ArticleGoogle creating India team for local leg of global growth equity investment arm
Tech giant Google is creating a team in India for its global growth equity investment arm Google Capital as it seeks to tap the opportunities in the country’s startup ecosystem, which is maturing...
View ArticleEros to buy mobile VAS venture Techzone through all-stock deal
Mumbai-based film studio and digital entertainment firm Eros International Media Pvt Ltd plans to execute its previously disclosed deal to buy Chennai-based mobile value added services (VAS) provider...
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