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Ed-tech startup Nactus raises angel funding

TMT

03 March, 2017

Ed-tech startup Nactus raises angel funding

Jaipur-based ed-tech startup Nactus India Services Pvt Ltd has raised an undisclosed amount from a group of angel investors, said ......

Will never chase growth over unit economics ever again: Stayzilla's Vasupal

TMT

03 March, 2017

Will never chase growth over unit economics ever again: Stayzilla's Vasupal

Yogendra Vasupal co-founded online homestay aggregator Stayzilla along with Sachit Sanghi in 2005. Stayzilla, operated by Chennai-based Inasra Technologies Pvt. ......

Infibeam to acquire ERP solutions firm DRC Systems

TMT

03 March, 2017

Infibeam to acquire ERP solutions firm DRC Systems

Infibeam Incorporation Ltd, the parent of online marketplace Infibeam and e-commerce enabler BuildaBazaar, is acquiring Ahmedabad-based DRC Systems Pvt. Ltd ......

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Why Tata Teleservices will find it tough to survive despite settling Docomo dispute

TMT

03 March, 2017

Why Tata Teleservices will find it tough to survive despite settling Docomo dispute

Ever since Mukesh Ambani-controlled Reliance Jio Infocomm Ltd formally entered the Indian telecom market in September 2016 with an aggressive ......

LeEco fires 85% staff, likely to exit India

TMT

03 March, 2017

LeEco fires 85% staff, likely to exit India

Chinese smartphone maker LeEco, which previously indicated financial strains, has fired 85% of employees in India and is likely to ......

Alibaba to invest $177 mn in Paytm E-Commerce, hike stake to 62%

TMT

04 March, 2017

Alibaba to invest $177 mn in Paytm E-Commerce, hike stake to 62%

Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications Ltd, is raising $200 million (Rs 1,334 crore) in ......

HR solutions platform Tydy raises $275K from angel investors

TMT

02 March, 2017

HR solutions platform Tydy raises $275K from angel investors

Bangalore-based employee onboarding and engagement platform Tydy has raised $275,000 in angel investment from a group of individuals, including existing ......

Chandigarh Angels Network backs social enterprise LetsEndorse

TMT

02 March, 2017

Chandigarh Angels Network backs social enterprise LetsEndorse

Bangalore-based LetsEndorse Development Pvt. Ltd, which runs online network for social causes LetsEndorse, has raised an undisclosed amount from Chandigarh ......

Sequoia-backed KredX acquires New York-based Hummingbill

TMT

02 March, 2017

Sequoia-backed KredX acquires New York-based Hummingbill

Bangalore-based Minions Ventures Pvt. Ltd, which runs invoice discounting platform KredX, has acquired New York-headquartered accounts receivable software startup Hummingbill ......

MakeMyTrip-SAIF Partners is exit of the year: VCCircle Awards

TMT

02 March, 2017

MakeMyTrip-SAIF Partners is exit of the year: VCCircle Awards

Venture capital and growth equity investment firm SAIF Partners has won the News Corp VCCircle exit of the year award ......

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