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MakeMyTrip clocks $9M loss on $26M revenue in Q1; hotel booking generates 41.7% of revenue, air ticketing revenue down again

TMT

07 August, 2013

MakeMyTrip clocks $9M loss on $26M revenue in Q1; hotel booking generates 41.7% of revenue, air ticketing revenue down again

NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported a 8.9 per cent rise in revenues less service costs which stood ......

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Lingerie e-tailer Zivame raised more funding from existing investors Kalaari Capital and IDG Ventures

TMT

07 August, 2013

Lingerie e-tailer Zivame raised more funding from existing investors Kalaari Capital and IDG Ventures

Two-year-old lingerie e-tailer Zivame.com, run by Bangalore-based Actoserba Active Wholesale Pvt Ltd, raised more funding from existing investors Kalaari Capital ......

Mumbai-based payments technology startup LivQuik raises funds from Snow Leopard Technology Ventures

TMT

06 August, 2013

Mumbai-based payments technology startup LivQuik raises funds from Snow Leopard Technology Ventures

LivQuik Technology (India) Pvt Ltd, a Mumbai-based payments technology startup, has raised an undisclosed amount from Snow Leopard Technology Ventures, a ......

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Angel investors exit Tonbo Imaging with multibagger returns as the firm completes Series A funding

TMT

05 August, 2013

Angel investors exit Tonbo Imaging with multibagger returns as the firm completes Series A funding

The angel investors who had funded imaging technology firm Tonbo Imaging Pvt Ltd, which develops products for the defence space, ......

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Sequoia Capital investing in accounting software provider Reach Accountant

TMT

02 August, 2013

Sequoia Capital investing in accounting software provider Reach Accountant

Chennai-based accounting software firm Reach Process Outsourcing Ltd, which runs the portal Reachaccountant.com, is raising its first institutional round of ......

Idea Cellular raising $125M afresh from Malaysia's Axiata; eyes $500M more through QIP

Technology

06 August, 2013

Idea Cellular raising $125M afresh from Malaysia's Axiata; eyes $500M more through QIP

Idea Cellular Ltd, India’s fourth largest telco, has said it is looking to raise up to Rs 3,750 crore through ......

Investors tight-lipped as Shopclues CEO Sandeep Aggarwal faces insider trading charges; business not affected, says company

TMT

01 August, 2013

Investors tight-lipped as Shopclues CEO Sandeep Aggarwal faces insider trading charges; business not affected, says company

Gurgaon-based Clues Network that runs online marketplace ShopClues whose founder and CEO Sandeep Aggarwal was arrested by The Federal Bureau of Investigation ......

OnMobile Q1 PAT jumps on forex gains, revenue up 2.4% to Rs 189.7Cr; stock slumps

TMT

31 July, 2013

OnMobile Q1 PAT jumps on forex gains, revenue up 2.4% to Rs 189.7Cr; stock slumps

Bangalore-based mobile VAS firm OnMobile Global Ltdsaw its share price slump almost 18 per cent on Wednesday despite reporting 47.6 per ......

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Trimax IT Infra files again for IPO; BanyanTree to part-exit with over 5x returns

TMT

31 July, 2013

Trimax IT Infra files again for IPO; BanyanTree to part-exit with over 5x returns

Mumbai-based IT solutions provider Trimax IT Infrastructure and Services Ltd has again filed a draft red herring prospectus (DRHP) with ......

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Bangalore-based commodity management solutions firm Eka Software looking for more acquisitions

TMT

31 July, 2013

Bangalore-based commodity management solutions firm Eka Software looking for more acquisitions

Bangalore-based commodity trading & risk management software firm Eka Software Solutions Pvt Ltd, which recently struck two overseas deals, is ......

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