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

Community building platform Fourth Ambit raises $600K from 1Crowd

TMT

10 May, 2017

Community building platform Fourth Ambit raises $600K from 1Crowd

Bangalore-based startup Fourth Ambit has raised $600,000 (Rs 4 crore) from crowdfunding platform 1Crowd and its investor......

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

TMT

10 May, 2017

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

Japanese investor and Internet giant SoftBank Group Corp has reported a valuation loss of $1.4 billion on its two ......

Snapdeal, Flipkart may ink merger next week

Startups

10 May, 2017

Snapdeal, Flipkart may ink merger next week

The impending merger of troubled e-commerce firm Snapdeal with bigger rival Flipkart could happen as early as next week......

ShopClues raises $7.7 mn in venture debt from InnoVen Capital

TMT

10 May, 2017

ShopClues raises $7.7 mn in venture debt from InnoVen Capital

Clues Network Pvt. Ltd, which operates online marketplace ShopClues, has raised Rs 50 crore (around $7.7 million) in ......

How Amazon outsmarted rivals in battle of the shopping bots

TMT

10 May, 2017

How Amazon outsmarted rivals in battle of the shopping bots

Earlier this year, engineers at Wal-Mart Stores Inc who track rivals' prices online got a rude surprise: the ......

Apple becomes first US company with $800 bn market value

TMT

10 May, 2017

Apple becomes first US company with $800 bn market value

Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more ......

Karnataka govt grants $1.5 mn to 26 biotech startups

TMT

10 May, 2017

Karnataka govt grants $1.5 mn to 26 biotech startups

The Karnataka government, as part of its startup initiative, has awarded Rs 10 crore ($1.5 million) in grants to 26 ......

Fintech firm Invoice Bazaar raises funds from former Citigroup exec

TMT

10 May, 2017

Fintech firm Invoice Bazaar raises funds from former Citigroup exec

Invoice Bazaar Holdings Ltd, a Dubai-based fintech firm founded by IIM Kolkata alumnus Anand Nagaraj, has raised funding from Shirish ......

Cybersecurity startup Lucideus gets funding from Google's Anandan, others

TMT

10 May, 2017

Cybersecurity startup Lucideus gets funding from Google's Anandan, others

Delhi-based Lucideus Tech Pvt. Ltd, an IT risk assessment and cybersecurity platform, has raised angel investment from a clutch of ......

Hotel booking platform HotelsAroundYou shuts down

TMT

10 May, 2017

Hotel booking platform HotelsAroundYou shuts down

Mumbai-based Instant Hotels Around You Pvt Ltd, which operated the HotelsAroundYou online platform that allowed room bookings at the last ......

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