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

Carzonrent buys intra-city ride-sharing startup RidingO

TMT

16 April, 2015

Carzonrent buys intra-city ride-sharing startup RidingO

Private equity firm WestBridge Capital-backed Carzonrent India Pvt Ltd, which runs radio cab services besides offering self-drive car rental and ......

Ola raises $400M Series E round from DST, GIC, Falcon Edge & others; valued at $2.4B

TMT

16 April, 2015

Ola raises $400M Series E round from DST, GIC, Falcon Edge & others; valued at $2.4B

Mumbai-based ANI Technologies Pvt Ltd, which runs online cab booking service Ola (formerly Olacabs), has raised $400 million (Rs 2,495 ......

Cleartrip pulls out of Internet.org as net neutrality debate intensifies

TMT

15 April, 2015

Cleartrip pulls out of Internet.org as net neutrality debate intensifies

The heated debate on net neutrality has taken quite an unprecedented turn on Wednesday as online travel agent Cleartrip has ......

Big Data firm Antuit acquires Chicago-based analytics firm Prognos

TMT

15 April, 2015

Big Data firm Antuit acquires Chicago-based analytics firm Prognos

Singapore-headquartered Big Data and analytic firm Antuit Holdings Pte Ltd, set up by an Indian origin founder and with an ......

Online marketplace for local grocery delivery Grofers raises $35M in Series B round

TMT

15 April, 2015

Online marketplace for local grocery delivery Grofers raises $35M in Series B round

Locodel Solutions Pvt. Ltd, which runs hyper-local grocery and fresh food delivery platform Grofers, has raised $35 million (Rs 218 ......

Hyperlocal food & grocery e-com startup PepperTap raises $10M led by SAIF

TMT

16 April, 2015

Hyperlocal food & grocery e-com startup PepperTap raises $10M led by SAIF

Gurgaon-based Nuvo Logistics Pvt Ltd, which runs a hyperlocal grocery and food e-tailing startup under PepperTap, has secured $10 million ......

Mobile gaming firm Nazara Technologies hits the road to raise $50M

TMT

14 April, 2015

Mobile gaming firm Nazara Technologies hits the road to raise $50M

Nazara Technologies, a Mumbai-based mobile gaming company, is expected to raise $50 million within a few months through the private ......

PolicyBazaar raises around $40M in Series D round led by PremjiInvest

TMT

14 April, 2015

PolicyBazaar raises around $40M in Series D round led by PremjiInvest

Gurgaon-based eTechAces Marketing and Consulting Pvt Ltd, the company behind the online insurance policy aggregator PolicyBazaar, has raised around $40 million ......

Zomato buys cloud-based PoS system; to help restaurants manage inventory, payments

TMT

14 April, 2015

Zomato buys cloud-based PoS system; to help restaurants manage inventory, payments

Gurgaon-based Zomato Media Pvt Ltd, which owns the restaurant and event-listing site Zomato.com, has acquired MapleGraph Solutions Pvt Ltd, which operated ......

Snapdeal CFO Aakash Moondhra quits

TMT

14 April, 2015

Snapdeal CFO Aakash Moondhra quits

Aakash Moondhra, chief financial officer (CFO) at e-commerce major Snapdeal.com, has quit the company. This is the second...

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