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Mphasis CFO Ganesh Murthy resigns

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09 May, 2014

Mphasis CFO Ganesh Murthy resigns

Mid-sized software services firm Mphasis Ltd has appointed V Suryanarayanan as its interim chief financial officer (CFO) after Ganesh Murthy ......

Online super market LocalBanya in advanced talks to raise $5M in Series B

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08 May, 2014

Online super market LocalBanya in advanced talks to raise $5M in Series B

Mumbai-based MN&C Supply Links Retail Pvt Ltd, which owns and operates online super market LocalBanya.com, is in advanced talks to ......

Mouli Raman steps down as OnMobile's MD and CEO

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08 May, 2014

Mouli Raman steps down as OnMobile's MD and CEO

Mouli Raman, CEO and managing director of India’s top mobile value added service (VAS) company OnMobile Global Ltd, has resigned ......

LionRock-backed baby & kids products e-tailer Hopscotch acquires SkoolShop

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08 May, 2014

LionRock-backed baby & kids products e-tailer Hopscotch acquires SkoolShop

Hit The Mark Inc, which runs Mumbai-based curated baby and kids products flash sales venture Hopscotch, has acquired Occasion Kommerce ......

Norwest Venture Partners invests $7M in customer relationship management firm CRMnext

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08 May, 2014

Norwest Venture Partners invests $7M in customer relationship management firm CRMnext

Delhi-based Acidaes Solutions Pvt Ltd, which runs customer relationship management product CRMnext, has raised Rs 42 crore ($7 million) from ......

Alibaba files for big US IPO; Indian SMEs among the top buyers on Alibaba.com

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07 May, 2014

Alibaba files for big US IPO; Indian SMEs among the top buyers on Alibaba.com

Chinese e-commerce giant Alibaba Group Holding Ltd has filed for its initial public offer (IPO), in what would be the ......

Pegasystems acquires Bangalore-based text mining & analytics firm MeshLabs

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07 May, 2014

Pegasystems acquires Bangalore-based text mining & analytics firm MeshLabs

US-based enterprise software company Pegasystems Inc has acquired Bangalore-based MeshLabs Software Pvt Ltd, a provider of advanced text analytics and social ......

Sherpalo Ventures confirms exiting OTA Cleartrip, sells stake to Concur

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06 May, 2014

Sherpalo Ventures confirms exiting OTA Cleartrip, sells stake to Concur

Sherpalo Ventures, the venture capital firm launched by Google board member Kavitark Ram Shriram, has exited Cleartrip Travel Services Pvt ......

Tiger Global leads $15M Series B round in social shopping platform LimeRoad

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06 May, 2014

Tiger Global leads $15M Series B round in social shopping platform LimeRoad

Gurgaon-based A.M. Marketplaces Pvt Ltd, the company behind social commerce platform LimeRoad.com, has raised $15 million in Series B round ......

Nokia floats $100M connected car fund to back auto tech & local services firms

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05 May, 2014

Nokia floats $100M connected car fund to back auto tech & local services firms

Finland-based telecommunication gear maker Nokia Corp has launched a $100-million connected car fund, which will invest in promising auto tech ......

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