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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......

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 ......

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......

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 ......

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 ......

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 ......

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 ......

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 ......

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 ......

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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