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Microsoft Picks Stake In Sequoia-backed 24/7 Inc

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08 February, 2012

Microsoft Picks Stake In Sequoia-backed 24/7 Inc

Technology giant Microsoft Corp has acquired an undisclosed stake in 24/7 Inc (formerly 24/7 Customer) to offer an interactive customer ......

VC-backed Seventymm To Shut DVD Rental Biz, Focus on E-com

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07 February, 2012

VC-backed Seventymm To Shut DVD Rental Biz, Focus on E-com

Bangalore-based Seventymm Services Pvt Ltd, which started as an online DVD rental company but later switched to become an e-commerce ......

VC-backed Persistent Systems Acquires Location Biz From Openwave

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06 February, 2012

VC-backed Persistent Systems Acquires Location Biz From Openwave

Unitus Seed Fund has made its debut by investing in three start-ups in the country – Bodhicrew Services (skill development ......

PE-owned BPO Firms WNS, ExlService Announce Share Sales

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02 February, 2012

PE-owned BPO Firms WNS, ExlService Announce Share Sales

Even as private equity majors continue to make the best of the rally in the Indian stock markets, they have ......

Supreme Court Quashes 122 Telecoms Licences

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02 February, 2012

Supreme Court Quashes 122 Telecoms Licences

The Supreme Court on Thursday revoked all 122 telecoms licences issued under a scandal-tainted 2008 sale, a fresh embarrassment for ......

Facebook Counts 5% Of Global Users In India, Growth Of 132% In 2011

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02 February, 2012

Facebook Counts 5% Of Global Users In India, Growth Of 132% In 2011

The number of active registered Facebook users in India more than doubled to 46 million at the end of 2011, ......

Facebook Raising $5B In IPO; With $3.7B Revenues, $1B Profit In 2011

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02 February, 2012

Facebook Raising $5B In IPO; With $3.7B Revenues, $1B Profit In 2011

Facebook took the first step toward public markets in the year's most highly anticipated IPO, which could rank co-founder Mark ......

Mumbai Angels To Invest Upto Rs 5Cr In eDreams Edusoft

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30 January, 2012

Mumbai Angels To Invest Upto Rs 5Cr In eDreams Edusoft

Mumbai Angels will invest upto Rs 5 crore in two year old disruptive technology product startup focused on the education ......

Social Media Product Start-up InRev Raises Series A Funding

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27 January, 2012

Social Media Product Start-up InRev Raises Series A Funding

Bangalore-based technology start-up InRev Systems Pvt Ltd has raised an undisclosed series A funding from a Kolkata-based investor.Although the name ......

Cloud-based Start-up Peel-Works Raises Rs 3.25Cr From IAN

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27 January, 2012

Cloud-based Start-up Peel-Works Raises Rs 3.25Cr From IAN

Indian Angel Network has announced an investment of Rs 3.25 crore in Peel-Works, a Cloud-enabled sales force transformation and BPO ......

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