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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

Druva leads tech startups in busy week for VC dealmaking

TMT

21 June, 2019

Druva leads tech startups in busy week for VC dealmaking

Big-ticket deals dominated venture capital funding in tech startup this week with Druva topping the chart with a $130 million ......

Goldman Sachs-backed Dailyhunt buys hyperlocal content platform LocalPlay

TMT

21 June, 2019

Goldman Sachs-backed Dailyhunt buys hyperlocal content platform LocalPlay

Dailyhunt, an online platform which offers news and other content in Indian languages, has acquired hyperlocal-focussed peer LocalPlay...

Futures and options brokerage FnO gets angel funding

TMT

21 June, 2019

Futures and options brokerage FnO gets angel funding

Singapore-registered FnO Pte. Ltd has raised over $2 million (Rs 13.8 crore) in angel funding as the futures and options ......

Kalaari-backed AI startup Active.ai raises $3 mn in extended Series A round

TMT

21 June, 2019

Kalaari-backed AI startup Active.ai raises $3 mn in extended Series A round

Artificial intelligence-based financial services platform Active.Ai has raised $3 million (Rs 20.89 crore) from InnoCells, the...

US says has no plans to cap H-1B work visa programme

TMT

21 June, 2019

US says has no plans to cap H-1B work visa programme

The Trump administration has no plans to cap H-1B work visas for nations that force foreign companies to store data ......

L&T tightens grip on Mindtree as three top execs get board seats

TMT

20 June, 2019

L&T tightens grip on Mindtree as three top execs get board seats

Larsen & Toubro Ltd (L&T) has secured three seats on the board of Mindtree Ltd as the engineering giant presses ......

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Value Lens: Why IndiaMart's IPO comes as a reality check for other B2B marketplaces

TMT

20 June, 2019

Value Lens: Why IndiaMart's IPO comes as a reality check for other B2B marketplaces

The recent initial public offerings of US ride-hailing companies Uber Technologies Inc. and Lyft Inc. showed that stock markets...

Sequoia, Nexus-backed Druva raises $130 mn, enters unicorn club

TMT

20 June, 2019

Sequoia, Nexus-backed Druva raises $130 mn, enters unicorn club

Silicon Valley-based cloud backup and data protection firm Druva Inc, which counts Sequoia Capital India and Nexus Venture Partners...

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Will Aavishkaar make any money from exiting e-commerce firm Jaypore?

TMT

20 June, 2019

Will Aavishkaar make any money from exiting e-commerce firm Jaypore?

Impact investment firm Aavishkaar Venture Management Services Ltd is set to strike an exit from its extensive portfolio after...

SAIF Partners leads seed funding round in fintech startup Finwego

TMT

20 June, 2019

SAIF Partners leads seed funding round in fintech startup Finwego

Education-focussed financial-technology startup Finwego has raised $1.7 million (Rs 11.83 crore at current exchange rates) in...

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