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Only 8% entrepreneurial exits successful in India, 47% unprofitable: Survey

TMT

23 August, 2017

Only 8% entrepreneurial exits successful in India, 47% unprofitable: Survey

India has the lowest entrepreneurial exit rate among factor-driven economies and BRICS countries, a survey by Global Entrepreneurship Monitor said, ......

Flipkart leads in small cities but Amazon takes pole in metros: RedSeer study

TMT

23 August, 2017

Flipkart leads in small cities but Amazon takes pole in metros: RedSeer study

Homegrown e-commerce firm Flipkart has been able to dominate non-metros but its US-based rival Amazon leads in metros by a ......

Between steep discounts and mounting losses, how much is Uber actually worth?

TMT

23 August, 2017

Between steep discounts and mounting losses, how much is Uber actually worth?

What is the true cost of an Uber ride?That simple question is often lost among the many controversies facing the ......

Smart Software backs Bangalore-based crowd testing startup Crowd4Test

TMT

23 August, 2017

Smart Software backs Bangalore-based crowd testing startup Crowd4Test

US-based Smart Software Testing Solutions Inc. (SSTS) has invested an undisclosed amount in Crowd4Test.com, a Bangalore-based crowd testing and user ......

Operations crowdsourcing startup Awign raises angel funding

TMT

23 August, 2017

Operations crowdsourcing startup Awign raises angel funding

Awign Enterprises Pvt. Ltd, a Bengaluru-based operations and sales outsourcing startup, has raised about Rs 90 lakh ($140,000) from a ......

Uber launches UPI-based payment facility

TMT

23 August, 2017

Uber launches UPI-based payment facility

Following in the footsteps of rival Ola, cab-hailing firm Uber Technologies, Inc. has announced the launch of a Unified Payments ......

Cisco acquires Indian-origin founders' venture Springpath for $320 mn

TMT

23 August, 2017

Cisco acquires Indian-origin founders' venture Springpath for $320 mn

US-based technology firm Cisco Systems Inc. has announced it plans to acquire IIT-Kanpur and BITS Pilani alumni-founded, hyper-convergence firm Springpath ......

EVC Ventures bags high returns from Milkbasket exit

TMT

23 August, 2017

EVC Ventures bags high returns from Milkbasket exit

Chicago-based venture capital fund and accelerator EVC Ventures has made a quick exit from micro-delivery grocery startup Milkbasket with high ......

Alibaba's UCWeb under govt scanner for data leak, may face ban

TMT

23 August, 2017

Alibaba's UCWeb under govt scanner for data leak, may face ban

Amid tensions between India and China, Chinese Internet giant Alibaba-owned UCWeb has come under the government's scanner for alleged data ......

Investors mark down Uber's valuation by up to 15%

TMT

23 August, 2017

Investors mark down Uber's valuation by up to 15%

Four mutual fund companies have marked down their investments in Uber Technologies Inc by as much as 15 percent following ......

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