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NIIT Technologies eyes acquisitions to strengthen vertical presence

TMT

13 May, 2014

NIIT Technologies eyes acquisitions to strengthen vertical presence

Mid-sized IT services firm NIIT Technologies is pursuing an inorganic strategy to strengthen its presence in three main verticals—travel, manufacturing ......

IT firm Mindtree names Ralf Reich as business head for DACH region

TMT

13 May, 2014

IT firm Mindtree names Ralf Reich as business head for DACH region

IT consultancy services firm Mindtree Ltd has appointed Ralf Reich as business head for the DACH region to lead its ......

Bangalore-based LetsVenture raises over $650K from Accel Partners, angels

TMT

13 May, 2014

Bangalore-based LetsVenture raises over $650K from Accel Partners, angels

Bangalore-based crowd funding platform LetsVenture has raised Rs 4 crore (over $650,000) from a syndicate of over 20 angel investors ......

Just Dial gains as Q4 profit up 60% to Rs 34.15Cr; mobile-based search rises 126%

TMT

13 May, 2014

Just Dial gains as Q4 profit up 60% to Rs 34.15Cr; mobile-based search rises 126%

Mumbai-based Just Dial Ltd, which runs the online business directory Justdial.com, has said that its net profit for the quarter ......

Unitus Seed Fund invests in mobile-based auto rikshaw booking service mGaadi

TMT

13 May, 2014

Unitus Seed Fund invests in mobile-based auto rikshaw booking service mGaadi

Seed-stage impact investment firm Unitus Seed Fund has led an equity investment in Bangalore-based India Drivers Network Services Pvt Ltd, ......

Infosys spins off its platform business into new entity, invests under $1M

TMT

12 May, 2014

Infosys spins off its platform business into new entity, invests under $1M

Software giant Infosys Ltd has hived off its products and platform business into a separate entity called Edgeverve Systems Ltd, ......

Snapdeal aims US public float in less than 2 years

TMT

12 May, 2014

Snapdeal aims US public float in less than 2 years

Delhi-based Jasper Infotech Pvt Ltd, which runs the online marketplace Snapdeal.com, is targeting a US public float in 12-24 months, ......

Kirusa acquires Bangalore-based mobile messaging app developer Cooltok

TMT

12 May, 2014

Kirusa acquires Bangalore-based mobile messaging app developer Cooltok

New Jersey-headquartered Kirusa Inc, which provides voice messaging and social media apps for smartphones, has acquired Bangalore-based mobile messaging apps ......

Axon Partners joins Madison India & others to invest $28M in Series E funding in iYogi

Technology

13 May, 2014

Axon Partners joins Madison India & others to invest $28M in Series E funding in iYogi

International investment firm Axon Partners Group has joined Madison India Capital and a group of other unnamed ......

Big Data firm Colabo raises $1.5M in seed funding from The Hive, angels

TMT

12 May, 2014

Big Data firm Colabo raises $1.5M in seed funding from The Hive, angels

California-based Colabo, a provider of sales acceleration solutions, has raised a seed round of $1.5 million (Rs 8.9 crore) led ......

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