Technology
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Filipino telco PLDT picking 10% in Rocket Internet for $445M
German e-commerce incubator-cum-investor Rocket Internet has raised $445.1 million by selling 10 per cent stake to Philippine Long Distance Telephone ......
TMT
Employee transportation management firm MoveInSync raises $5M from Inventus, others
Bangalore-based employee transportation solutions provider MoveInSync Technology Solutions Pvt Ltd has raised $5 million (over Rs 30 crore) in its ......
TMT
Enterprise backup solutions firm Druva raises $25M from Sequoia, others
Pune and Silicon Valley-based enterprise backup solutions provider Druva Inc has raised $25 million in a Series D round of ......
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Groupon moves COO Kal Raman as CEO of Asia-Pacific
NASDAQ-listed deals & vouchers site Groupon has reported 23 per cent rise in revenues for the second quarter ended June ......
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Nishant Verman quits Canaan Partners to lead M&As and investments at Flipkart
Nishant Verman, vice president of venture capital firm Canaan Partners, quit the VC firm to join India’s largest e-commerce platform ......
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Former Infosys bigwigs call for ongoing share buyback to better use $5B cash pile
Three former top executives of IT services major Infosys Ltd, including two who have served as its chief financial officers ......
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Online financing platform for SMEs Capital Float raises $1M from SAIF Partners
Bangalore-headquartered Zen Lefin Pvt Ltd, the company behind Capital Float, an online platform that provides working capital finance to SMEs ......
TMT
Skymet Weather raises $4.5M in Series B funding from Daily Mail arm, Omnivore
Noida- and Mumbai-based weather forecasting services provider Skymet Weather Services Pvt Ltd has raised approximately $4.5 million (Rs 27.6 crore) ......
TMT
Ad-for-equity investor Bennett Coleman picks stake in hybrid e-com startup edabba
Mumbai-based Omnipresent Retail Pvt Ltd, owner of online shopping portal, has secured $7 million from ad-for-equity media investor Bennett, Coleman & ......
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Multiples PE part exits PVR, more than doubles its under 2-year-old bet
Multiples Alternate Asset Management (Multiples PE) has part exited the country’s largest multiplex chain operator PVR Ltd by selling a ......
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