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

NCLT allows Ericsson's insolvency plea against RCom; asset sale may get delayed

TMT

15 May, 2018

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 ......

TMT

15 May, 2018

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. ......

TMT

15 May, 2018

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 ......

TMT

15 May, 2018

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 ......

TMT

15 May, 2018

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...

TMT

15 May, 2018

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 ......

TMT

15 May, 2018

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, ......

TMT

15 May, 2018

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 ......

TMT

15 May, 2018

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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TMT

14 May, 2018

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 ......

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