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

Tech Mahindra forays into mobile wallet space with MoboMoney

Technology

23 December, 2015

Tech Mahindra forays into mobile wallet space with MoboMoney

Tech Mahindra Ltd, which got Reserve Bank of India's (RBI) in-principle nod to set up a payments bank, has forayed ......

Citrus Pay's Gupta backs furniture rental venture Cityfurnish

TMT

23 December, 2015

Citrus Pay's Gupta backs furniture rental venture Cityfurnish

Cityfurnish—an online platform for renting furniture, furnishings and appliances—has raised an undisclosed amount in seed funding from Citrus Pay co-founder ......

Fairfax-controlled Quess buys Dubai's Styracorp; plans IPO

TMT

23 December, 2015

Fairfax-controlled Quess buys Dubai's Styracorp; plans IPO

Quess Corp has acquired Dubai-based Styracorp Management Services and IME Consultancy for an undisclosed amount, its parent Thomas Cook (India) ......

Wipro to acquire US firm Viteos for $130M

TMT

23 December, 2015

Wipro to acquire US firm Viteos for $130M

Wipro Ltd, India's third-largest software services exporter, said on Wednesday it has agreed to acquire US-based Viteos Group for $130 ......

Hong Kong-based Vectr Ventures invests in coupons app LafaLafa

TMT

22 December, 2015

Hong Kong-based Vectr Ventures invests in coupons app LafaLafa

Hong Kong-based Vectr Ventures has made its first investment in India’s burgeoning startup ecosystem by seed funding LafaLafa, a mobile-first ......

Home cleaning startup SBricks acquires Melway

TMT

22 December, 2015

Home cleaning startup SBricks acquires Melway

On-demand home cleaning and laundry startup SBricks has acquired facility management services company Melway for an undisclosed amount.SBricks Castle Care ......

Medi Assist invests $1M in Gul Panag-backed MobieFit

TMT

22 December, 2015

Medi Assist invests $1M in Gul Panag-backed MobieFit

Medi Assist India TPA Pvt Ltd, a third-party administrator in the healthcare market, has invested $1 million (Rs 6.63 crore) ......

Doctor Insta gets $500K in pre-Series A round

TMT

22 December, 2015

Doctor Insta gets $500K in pre-Series A round

Doctor Insta Pvt Ltd, which provides healthcare consultation through video conferencing, has received pre-Series A funding of $500,000 (Rs 3.31 ......

Artificial intelligence startup Arya.ai raises $750k from YourNest, VentureNursery

TMT

22 December, 2015

Artificial intelligence startup Arya.ai raises $750k from YourNest, VentureNursery

Mumbai-based artificial intelligence (AI) startup Arya.ai has raised $750,000 (around Rs 5 cr) in pre-Series A round of funding from ......

Europe's Spark10 creates $100M corpus to back Indian startups

TMT

22 December, 2015

Europe's Spark10 creates $100M corpus to back Indian startups

European startup accelerator Spark10 said on Tuesday that it will be investing as much as $100 million (Rs 660 crore) ......

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