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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.
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NCLT allows Ericsson's insolvency plea against RCom; asset sale may get delayed
The National Company Law Tribunal (NCLT) on Tuesday admitted an insolvency plea filed by Sweden’s Ericsson against Reliance Communications, potentially ......
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Deutsche Bank acquires fintech startup Quantiguous Solutions
Deutsche Bank has acquired Mumbai-based software firm Quantiguous Solutions for an undisclosed sum, the bank said in a media statement. ......
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Cyient to acquire remaining 49% stake in data sciences unit
Hyderabad-based software services company Cyient Ltd said on Tuesday it will acquire the 49% stake it doesn’t already own in ......
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SoftBank plans to set up a second Vision Fund in the near future
SoftBank Group Corp Chief Executive Masayoshi Son, founder of the world’s largest private equity fund, said on Tuesday a second ......
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Blume-backed E2E Networks jumps 57% in stellar SME exchange debut
Cloud computing firm E2E Networks Ltd, backed by early-stage venture capital firm Blume Ventures, made a spectacular debut on...
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Foxconn writes off additional $40 mn stake in Snapdeal
FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......
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IAN leads investment round in gamified learning startup Knudge.me
Bengaluru-based gamified learning startup Knudge.me has raised an undisclosed sum from the Indian Angel Network, a company statement said.Bikky Khosla, ......
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Lightbox-backed B2B payments firm PayMate acquires digital lending platform
PayMate India Pvt. Ltd, a business-to-business (B2B) digital payments firm, has announced the acquisition of peer-to-peer online lending platform Z2P ......
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Swiggy seeks unicorn status, in talks to raise $250 mn
Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......
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How much did Blackstone make from fresh Mphasis partial exit?
Blackstone Group has struck its second partial exit from Mphasis Ltd within two years of its investment, taking out bulk ......