TMT
Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.
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How much did BigBasket's VC investors make from Alibaba deal?
Homegrown online grocer BigBasket’s early investors yielded significant returns on their investments through partial exits during the latest funding round ......
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Suitors eye Blackstone-controlled BPO firm Intelenet for big-ticket deal
Private equity firm Blackstone may be considering a quick exit from its investment in business process outsourcing firm Intelenet Global ......
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Sutures founder's family office invests in bike rental firm WickedRide
The family investment office of Sutures India chairman Chandrasekhar Gopalan has invested $1.5 million (Rs 10 crore) in Bengaluru-headquartered online ......
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Warburg Pincus, Sequoia invest more in SaaS firm Capillary
Capillary Technologies Pvt. Ltd, a software-as-a-service (SaaS) provider for retail chains, has raised $20 million (Rs 128 crore) from two ......
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Lightspeed, Yuri Milner fund back B2B marketplace Udaan
Bengaluru-based Hiveloop Technology Pvt. Ltd, which operates business-to-business e-commerce platform Udaan, has raised a $50-million (Rs 324 crore) Series B ......
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Reliance buys into Eros International; forms $150 mn joint fund to produce content
Billionaire Mukesh Ambani-led Reliance Industries Ltd has agreed to buy a 5% stake in New York Stock Exchange-listed movie producer ......
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TVS Group-backed Carcrew acquires ClickGarage
Mumbai-based car servicing startup Carcrew Technology Pvt. Ltd has acquired Delhi-based ClickGarage in a stock-and-cash deal, a top executive at ......
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Fullerton-backed Lendingkart's CEO sees profitability on the horizon
Lendingkart Technologies Pvt. Ltd, the technology and digital marketing arm of Ahmedabad- and Bengaluru-based fintech startup Lendingkart group, raised $87 ......
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Sports marketing firm Baseline Ventures raises $1mn from Singapore investor
Gurgaon-based sports marketing and brand licensing firm Baseline Ventures India Pvt. Ltd, which manages a host of athletes, including shuttler ......
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Financial services execs invest in fin-tech startup Fincash
Mumbai-based personal finance startup Fincash.com has raised Rs 1 crore ($150,000) in a fresh funding round from a group of ......