Ravi Gururaj of Citrix launches ‘concept lab’ Frictionless Ventures; to invest $50K-250K in each incubatee
May 17, 2013 | Sainul K Abudheen
Based in Bangalore, this incubator picks up and incubates concepts relevant to cloud computing, mobility and Big Data space.
May 16, 2013 | Rashi Varshney
Net profit falls by 43.2% for the year due to forex losses and an exceptional item.
May 15, 2013 | Bhawna Gupta & Madhav A Chanchani
The share price of the IT firm has fallen more than 80% in the past two years as revenues slide and the firm has slipped into losses.
Data centre storage optimisation firm Atlantis raises $20M from Adams Street Partners, existing investors
May 15, 2013 | Sainul K Abudheen
Existing investors Cisco Systems, El Dorado Ventures and Partech International also participated in this Series D round.
May 10, 2013 | Bhawna Gupta
As part of the deal, Srinivas Prasad and Anand Mutalik will continue to serve on Dearborn’s board as MD and CEO, respectively.
May 10, 2013 | Rashi Varshney
Devireddy has made the investment in his personal capacity and acquired an undisclosed stake in the firm.
May 08, 2013 | Bhawna Gupta
First investment by Wipro in CY13; last year, it acquired Australian firm Promax Applications for $37 million.
May 07, 2013 | Rashi Varshney
Hyderabad-based Helical is an open source data warehousing, data visualisation, data modelling and business intelligence solutions provider.
May 03, 2013 | Rashi Varshney
The venture capital firm, which raised its third fund late last year, has made over half a dozen exits.
May 03, 2013 | Anand Rai
The largest Indian consumer Internet firm sees pressure on operating margins as expenses move faster than revenue growth
May 01, 2013 | Anand Rai
In October 2012, the startup raised under Rs 1 crore in angel funding from unnamed investors.
May 01, 2013 | Rashi Varshney
The cash-rich business group has also committed capital in the VC firm, which seeks to help US-based entrepreneurs win clients in Asia.
April 26, 2013 | Diksha Dutta
The incubator says it has 26 startups in its portfolio at present and insists it may launch an early stage fund.
April 26, 2013 | Anand Rai
The chief executive of one of India’s top online travel agencies talks about inorganic expansion, operations and more.