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Cleartrip.com Gets $40M From Travel Solutions Company Concur

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18 April, 2011

Cleartrip.com Gets $40M From Travel Solutions Company Concur

The NASDAQ listed travel management solutions provider Concur has bought a strategic minority stake for $40 million in one of ......

Mohandas Pai Quits Infosys, Ravi Venkatesan Joins Board

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15 April, 2011

Mohandas Pai Quits Infosys, Ravi Venkatesan Joins Board

IT giant Infosys Technologies has announced that T.V. Mohandas Pai will resign as a board member and director-in-charge (HR).At Infosys, ......

Facebook Investor Milner To Open Hong Kong Office

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15 April, 2011

Facebook Investor Milner To Open Hong Kong Office

Milner's firm DST Advisors will open an office on the 67th floor of Hong Kong's International Finance Center 2 in ......

Intel Capital Exits Persistent Systems; Returns Pegged At 6x

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14 April, 2011

Intel Capital Exits Persistent Systems; Returns Pegged At 6x

Intel Capital has fully exited its decade-old investment in software development firm Persistent Systems with 6x returns, according to VCCircle ......

Genpact Invests In Cloud Computing Developer Akritiv Technologies

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13 April, 2011

Genpact Invests In Cloud Computing Developer Akritiv Technologies

NYSE-listed outsourcing firm Genpact Ltd has announced the acquisition of California-based cloud company Akritiv Technologies. The size and terms of ......

Now A Venture Fund Exclusively For IIT, IIM Grads

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08 April, 2011

Now A Venture Fund Exclusively For IIT, IIM Grads

Vikram Gupta, former chief operating officer (COO) of India Venture Advisors, a healthcare fund sponsored by the Piramal Group, has ......

Can Home-grown Quick Heal Challenge Global IT Security Brands?

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08 April, 2011

Can Home-grown Quick Heal Challenge Global IT Security Brands?

The IT security solutions market is dominated by international brands such as Symantec, Trend Micro, McAfee and AVG who are ......

JPMorgan Fund In Talks To Buy Twitter Stake

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02 March, 2011

JPMorgan Fund In Talks To Buy Twitter Stake

A new JPMorgan Chase & Co technology fund is in talks to buy a substantial stake in Internet messaging and ......

Sify Promoters Pump In $21.7M To Fire Growth Plans

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17 February, 2011

Sify Promoters Pump In $21.7M To Fire Growth Plans

After announcing in August that it was raising $86 million from its promoters, the Nasdaq-listed Indian Internet and IT firm ......

JPMorgan Raises $1.2 Billion For Social Media Fund

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25 February, 2011

JPMorgan Raises $1.2 Billion For Social Media Fund

Venture capital funds have launched social media funds, now even big boys in the private equity world are raising special ......

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