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

Bharti Airtel creates new management structure for India business

TMT

07 February, 2013

Bharti Airtel creates new management structure for India business

The country’s top telecom firm Bharti Airtel has rejigged its management structure handling India business with a new hub organisation ......

MakeMyTrip reports $5.2M loss in Q3, decline in commission stumps air ticketing revenues

TMT

07 February, 2013

MakeMyTrip reports $5.2M loss in Q3, decline in commission stumps air ticketing revenues

NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported 5.5 per cent decline in its revenues less service costs which stood ......

HolidayIQ raises $5.5M from Tiger Global and Accel, demerges from Wego

TMT

07 February, 2013

HolidayIQ raises $5.5M from Tiger Global and Accel, demerges from Wego

Bangalore-based travel information and review portal HolidayIQ has demerged out of Singapore-based OTA Wego and raised fresh round of funding from existing ......

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Kalaari-backed Simplilearn looking to acquire a corporate training firm; eyes $10M in next round

TMT

07 February, 2013

Kalaari-backed Simplilearn looking to acquire a corporate training firm; eyes $10M in next round

Online education and training destination for professional certification courses, Simplilearn is now looking to grow inorganically to expand further. It ......

Multi-vertical e-com firm Valyoo Technologies raises $10M in Series B from Unilazer, IDG

TMT

07 February, 2013

Multi-vertical e-com firm Valyoo Technologies raises $10M in Series B from Unilazer, IDG

Delhi-based Valyoo Technologies Pvt Ltd, which runs a string of e-shops (Jewelskart.com, Watchkart.com, Bagskart.com and Lenskart.com), has completed raising its ......

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Warburg Pincus exiting NYSE-listed WNS with 7.5x returns

TMT

06 February, 2013

Warburg Pincus exiting NYSE-listed WNS with 7.5x returns

Private equity firm Warburg Pincus, which has been unwinding its old portfolio in India for over a year, is now ......

General Atlantic, Oak Hill selling another 4.8% stake in Genpact for around $180M

TMT

06 February, 2013

General Atlantic, Oak Hill selling another 4.8% stake in Genpact for around $180M

Private equity firms General Atlantic and Oak Hill Capital Partners have once again pressed the part-exit button and they are ......

Bharti Airtel to buyout Alcatel Lucent's 74% stake in Indian managed services JV

TMT

05 February, 2013

Bharti Airtel to buyout Alcatel Lucent's 74% stake in Indian managed services JV

Four years after outsourcing its fixed line and broad services management business to a joint venture with Alcatel Lucent, Bharti ......

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Early Amazon investor Madrona may lead $4M investment in Mobilewalla; IAN to co-invest

TMT

05 February, 2013

Early Amazon investor Madrona may lead $4M investment in Mobilewalla; IAN to co-invest

Mobilewalla, a search portal for mobile apps, is close to raising $4 million in Series A funding round led by ......

Once valued at over a billion dollars, Ram Shriram has sold most of his Google shares

TMT

05 February, 2013

Once valued at over a billion dollars, Ram Shriram has sold most of his Google shares

Venture capitalist Ram Shriram, whose stake in Google was once valued at $1.3 billion, has sold a part of his ......

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