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New twist to Mu Sigma saga as CEO, PE investor seek to sell stake

Technology

08 August, 2016

New twist to Mu Sigma saga as CEO, PE investor seek to sell stake

Two months after the divorce of Mu Sigma Inc’s power couple—founder Dhiraj Rajaram and CEO Ambiga Subramanian—......

Capital Square Partners acquires Indecomm Global Services; early investors exit

Technology

08 August, 2016

Capital Square Partners acquires Indecomm Global Services; early investors exit

Singapore-based private equity firm Capital Square Partners has acquired close to 55% stake in Indecomm Global Services......

Naspers set to acquire Citrus Pay for up to $180 mn

TMT

08 August, 2016

Naspers set to acquire Citrus Pay for up to $180 mn

South African media and Internet conglomerate Naspers Ltd is set to acquire Mumbai-based online payments company Citrus Payments Solutions Pvt. ......

We will do only one more round of fundraise before IPO in 2020-21: CarDekho's Amit Jain

TMT

08 August, 2016

We will do only one more round of fundraise before IPO in 2020-21: CarDekho's Amit Jain

Jaipur-based Girnar Software Pvt. Ltd, which runs automotive classifieds portal Cardekho.com, is arguably the biggest non-metro startup in India. Its ......

NDTV's e-com marketplace for art discovery Mojarto raises $445K

Technology

06 August, 2016

NDTV's e-com marketplace for art discovery Mojarto raises $445K

NDTV’s e-commerce marketplace for art discovery Mojarto.com has raised Rs 3 crore ($445,000) in its first round of ......

Infosys Acquires New Zealand's Gen-I

Technology

16 August, 2016

Infosys Acquires New Zealand's Gen-I

The $6.5 billion IT giant Infosys Technologies Ltd continues with its string-of-pearls acquisition strategy. In its ......

Sify's Net Losses Reduce To $10.47M For FY2011; Sify.com Tastes Profit

TMT

16 August, 2016

Sify's Net Losses Reduce To $10.47M For FY2011; Sify.com Tastes Profit

The NASDAQ-listed Indian Internet and IT firm Sify Technologies Ltd has witnessed a drop in year-on-year net losses before tax ......

Moody's-controlled ICRA to sell software unit to Nihilent Technologies for $10 mn

TMT

05 August, 2016

Moody's-controlled ICRA to sell software unit to Nihilent Technologies for $10 mn

Credit rating firm ICRA Ltd said on Friday it has struck a deal to sell its software development arm, ICRA ......

Indoor skydiving equipment maker Wefly gets funding from Swastika Company

TMT

05 August, 2016

Indoor skydiving equipment maker Wefly gets funding from Swastika Company

Mumbai-based Wefly Indoor Skydiving LLC, which manufactures axial fans for indoor skydiving equipment and is also into developing and promoting ......

Gadget repair platform Repaireasy raises $275K from MSA, others

TMT

04 August, 2016

Gadget repair platform Repaireasy raises $275K from MSA, others

Gadget and mobile phone repair platform Repaireasy has raised a pre-series A investment of $275,000 from a consortium of international ......

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