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Basiz Fund Services Gets $2 Million From NEA Indo US Ventures

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20 August, 2008

Basiz Fund Services Gets $2 Million From NEA Indo US Ventures

Chennai-based Basiz Fund Services Pvt Ltd, a KPO offering investment accounting services for mutual, hedge and private equity funds, has  ......

Lifeblob Raises Funding From Seedfund; To Launch Mobile, Facebook App

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20 August, 2008

Lifeblob Raises Funding From Seedfund; To Launch Mobile, Facebook App

Banglore-based Lifeblob, a blogging, picture and video sharing engine where all your posts are arranged as a timeline, has received ......

Is Baring selling its remaining stake in Mphasis to EDS?

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28 August, 2008

Is Baring selling its remaining stake in Mphasis to EDS?

This just in. There is a news flash on NDTV profit saying that Baring Private Equity India can sell its remaining ......

BT May Sell Its 31% Stake In Tech Mahindra

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27 August, 2008

BT May Sell Its 31% Stake In Tech Mahindra

British telecom giant BT is planning to sell its stake in the software services arm of Mahindra group, Tech Mahindra. ......

HCL BPO Acquires US-Based Telecom Solutions Provider For $21M

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26 August, 2008

HCL BPO Acquires US-Based Telecom Solutions Provider For $21M

IT services provider HCL Technologies Ltd has signed an agreement to acquire US-based Control Point Solutions for $20.8 million. Control ......

Ashish Dhawan's Personal Investment In Allsec Sinks

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26 August, 2008

Ashish Dhawan's Personal Investment In Allsec Sinks

ChrysCapital's Managing Director Ashish Dhawan has just raised his personal holding in Allsec Technologies to more than 5 percent, however the ......

Infosys Acquires UK-Based Axon Group For $753 Million

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25 August, 2008

Infosys Acquires UK-Based Axon Group For $753 Million

Infosys Technologies Ltd. has acquired UK-based SAP consulting company Axon Group plc for $753 million in an all cash deal. Infosys ......

iYogi Nets $9.5M Series B From SAP Ventures, Canaan & SVB

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20 August, 2008

iYogi Nets $9.5M Series B From SAP Ventures, Canaan & SVB

iYogi, a Gurgaon-based remote technical support provider, has raised $9.5 million in Series B financing from SAP Ventures, a division ......

CMAI Announces $100 Million Fund To Invest In ICT Industry

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19 August, 2008

CMAI Announces $100 Million Fund To Invest In ICT Industry

Communications and Manufacturing Association of India (CMAI), an association for information & communications technology (ICT) manufacturers, has announced $100 million ......

ChrysCapital Buys Infosys, HCL Shares Worth $200M; Already Up 25%

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18 August, 2008

ChrysCapital Buys Infosys, HCL Shares Worth $200M; Already Up 25%

ChrysCapital, arguably India’s most successful private equity fund, is hitting the stock market trail again. As the capital markets valuations ......

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