Indian Firms Face Pressure As Convertible Bonds Near Repayment Date
December 15, 2011 | Reuters
Sharp slide in rupee means firms will have to shell out more in local currency to pay overseas bond holders in dollars
Sharp slide in rupee means firms will have to shell out more in local currency to pay overseas bond holders in dollars
Funds will be used for setting up operations in Bangalore & Delhi, developing technology tools & for verticalisation.
Sparsha focuses on simulation-based learning combining technology with social interactivity for engaging experience.
The company is backed by high profile investors like SAIF Partners, Tiger Global and Acacia Partners.
Taggle.com began as a group buying site, and raised funds from Battery Ventures and Greylock Partners in June 2010.
Apollo Global is a joint venture between Apollo Group, Inc. and private equity firm, Carlyle Group.
Saikumar will be responsible for the groups news, Web, publishing, entertainment and allied businesses.
KAN will invest Rs 50 lakh-Rs 5 crore in start-ups and early-stage ventures, promoted by Kutchi entrepreneurs.
The online ad management start-up has grown 33x in the past two years.
Iris for Android smartphones has seen more than one million downloads within a month of its launch.
Chawlas leadership has resulted into the group reaching over 300 million households across various media platforms.
Internet usage in smaller towns continue to spike their dominance over top 8 metros.
Extramarks was looking to raise $5 million in VC funding four years ago.
The regulator also proposed implementing within the next 4 years a uniform licence fee of 6% the firms' annual revenue.
Mobile revenue and segmental profit growth in Africa outpaces India & South Asia.
Yahoo! Inc acquired 35% in Tyroo in July 2007 increasing its focus on Indian online advertising networks.
Kavveri has just raised Rs 39.86 crore through a QIP, partly to fund the deal in Europe.
Yahoo! has sold its 35% stake in Tyroo to Xplorer Capital, a growth equity fund focused on emerging markets.
The appointments come after Blackstone completed Rs 225 cr investment in the promoters privately held holding co.
The company has also made a strategic investment in California-based Talenthouse, an online platform for artists.