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Siva declares bankruptcy; former partner Batelco to still pursue for $212M dues

Anuradha Verma

A British court issued an indefinite freeze in July on assets owned by Sivasankaran.

Airtel to acquire over 2.7M subscribers of Essar-owned Kenyan telco YuMobile

Bhawna Gupta

Airtel is the second-largest among telecom operators in Africa behind MTN.

Digital video startup Culture Machine raises $3.5M from Zodius Capital

Priyanka Sahay

The funds will be used to expand Culture Machine’s presence into international markets and to ramp up its engineering efforts.

Affle acquires mobile app development & ads platform Appstudioz

Sainul K Abudheen

Last September, Affle and Mobile Marketing Association launched a $3.3 million corpus fund that will be used to invest in brands and publishers in the mobile sector.


TaxiForSure raises Series C funding from Accel Partners, Bessemer, others

TaxiForSure claims that it has seen 700 per cent growth since August 2013, and surpassed more than 2 million transactions to date.

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