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Orahi buys teen's four-month-old carpooling venture Odd-Even.com

TMT

05 April, 2016

Orahi buys teen's four-month-old carpooling venture Odd-Even.com

Gurgaon-based carpooling app Orahi has acquired Odd-Even.com, a ride-sharing website started by 13-year-old Akshat Mittal, for an undisclosed amount in ......

Five startups that got funded by celebrities in the last 6 months

TMT

05 April, 2016

Five startups that got funded by celebrities in the last 6 months

When Sachin Tendulkar invested in tech startup Smartron recently, he termed it as the “beginning of the second innings of...

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Why Blackstone bought Mphasis and what it means for the IT services firm

TMT

04 April, 2016

Why Blackstone bought Mphasis and what it means for the IT services firm

Blackstone Group’s buyout of Mphasis Ltd will help the private equity giant establish a stronger footprint in the Indian outsourcing ......

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Canadian fund eyes co-production deals for media in India

TMT

04 April, 2016

Canadian fund eyes co-production deals for media in India

The Canada Media Fund (CMF) is scouting for a funding partner in India to co-invest in content production, a top ......

Indus Towers names Bimal Dayal as CEO

TMT

04 April, 2016

Indus Towers names Bimal Dayal as CEO

Telecom infrastructure firm Indus Towers has named Bimal Dayal as chief executive officer.Dayal will succeed BS Shantharaju, who retires on ......

Xiaomi leads $25M investment in Hungama, its first in India

TMT

04 April, 2016

Xiaomi leads $25M investment in Hungama, its first in India

Mumbai-based digital media entertainment company Hungama Digital Media Entertainment has raised $25 million (around Rs 165 crore) in a round ......

Den Networks to sell 55% stake in Delhi Dynamos to ship recycling group GMS

TMT

04 April, 2016

Den Networks to sell 55% stake in Delhi Dynamos to ship recycling group GMS

Cable TV distribution company Den Networks has agreed to divest its 55 per cent equity stake in Den Sports, which ......

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QSR-turned food-tech startup Roll Mafia raises fresh angel funding

TMT

04 April, 2016

QSR-turned food-tech startup Roll Mafia raises fresh angel funding

SLS Cuisines India Pvt Ltd, which began as a quick service restaurant (QSR) chain Roll Mafia and has morphed into ......

Blackstone to buy majority stake in Mphasis from HP for up to $827M

TMT

04 April, 2016

Blackstone to buy majority stake in Mphasis from HP for up to $827M

Blackstone Group, the US-based private equity firm, has entered into a definitive agreement to buy up to 60.48 per cent ......

Former 99Acres EVP Vineet Singh is senior advisor at Housing, invests in realty portal

Technology

04 April, 2016

Former 99Acres EVP Vineet Singh is senior advisor at Housing, invests in realty portal

Realty portal Housing.com, run by Locon Solutions Pvt Ltd, has brought in Vineet Singh, former executive vice president ......

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