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Software Firm ScaleArc Raises $5.33M From Trinity, Nexus Ventures

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23 December, 2011

Software Firm ScaleArc Raises $5.33M From Trinity, Nexus Ventures

Mumbai and Silicon Valley-based database infrastructure software maker ScaleArc has secured $5.33 million in its second round of institutional funding, ......

STCI Buys 5.34% In Enterprise Data Services Provider Tulip Telecom

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23 December, 2011

STCI Buys 5.34% In Enterprise Data Services Provider Tulip Telecom

Bank of India-controlled Securities Trading Corporation of India Ltd (STCI) has acquired minority stake in Tulip Telecom Ltd, an enterprise ......

Online Men's Apparel Retail Start-up Fetise Raising $5M From Seedfund

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22 December, 2011

Online Men's Apparel Retail Start-up Fetise Raising $5M From Seedfund

Mumbai-based online men’s apparel retail start-up Fetise Retail Pvt Ltd, which runs the site Fetise.com, is raising $5 million from ......

Infosys BPO To Buy Australia's Portland Group Pty For $36.76M

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20 December, 2011

Infosys BPO To Buy Australia's Portland Group Pty For $36.76M

Bangalore-based Infosys BPO Ltd, the business process outsourcing arm of Infosys Ltd, has signed a definitive agreement to buy all ......

Travel Start-up Mygola Raises $1M From Dave McLure, Blumberg & Others

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20 December, 2011

Travel Start-up Mygola Raises $1M From Dave McLure, Blumberg & Others

Bangalore-based online trip advisor mygola has raised $1 million in seed funding, led by venture capitalist Dave McLure (also the ......

Saudi Prince Alwaleed Buys $300M Twitter Stake

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19 December, 2011

Saudi Prince Alwaleed Buys $300M Twitter Stake

Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, has bought a stake in ......

Datanet Systems To Acquire Printer Biz Of WeP Peripherals

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19 December, 2011

Datanet Systems To Acquire Printer Biz Of WeP Peripherals

Bangalore-based Datanet Systems Ltd is acquiring the printer business of WeP Peripherals Ltd (formerly Wipro ePeripherals Ltd), one of the ......

Redington To Buy Investcorp's 26% In Overseas Holding Arm For $113M

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19 December, 2011

Redington To Buy Investcorp's 26% In Overseas Holding Arm For $113M

Redington (India) Ltd is acquiring 25.97 per cent stake of its Cayman Island-based overseas business holding arm Redington International Holding ......

Apparel E-com Site Freecultr Raises $4M From Sequoia Capital

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16 December, 2011

Apparel E-com Site Freecultr Raises $4M From Sequoia Capital

Freecultr, an apparel e-com venture co-founded by Sujal Shah, Sandeep Singh and Rajesh Narkar, with backing from the Smile Group ......

Sportsgear E-tailer SportsNest Raises Seed Funding From Blume Ventures

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15 December, 2011

Sportsgear E-tailer SportsNest Raises Seed Funding From Blume Ventures

Sports Nest Retail (India) Pvt Ltd, which runs the six month old e-commerce website, SportsNest, focused on retailing sporting, fitness ......

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