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SAIF Partners buys 2.8% in Persistent for $10M as Norwest continues exit

TMT

19 December, 2012

SAIF Partners buys 2.8% in Persistent for $10M as Norwest continues exit

SAIF Partners is picking up 2.8 per cent stake in software development firm Persistent Systems Ltd even as existing investor ......

Naukri is the only biz making money at Info Edge, rest in investment mode: Sanjeev Bikhchandani

TMT

21 December, 2012

Naukri is the only biz making money at Info Edge, rest in investment mode: Sanjeev Bikhchandani

Naukri.com is perhaps the most popular product of Info Edge (India) Ltd, the country’s first public listed internet firm, which ......

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PVR aims to generate 20% of revenues from non-multiplex biz in 3-4 years

TMT

19 December, 2012

PVR aims to generate 20% of revenues from non-multiplex biz in 3-4 years

PVR Ltd has been making a conscious effort to focus on its core business of movie exhibition for some time ......

Times Internet invests in ZipDial and Andreessen Horowitz-backed Fab.com

TMT

19 December, 2012

Times Internet invests in ZipDial and Andreessen Horowitz-backed Fab.com

Times Internet Ltd, the digital arm of The Times of India Group, has made a ‘seven figure’ investment in New ......

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Norwest pares more of its debut India investment in Persistent with over 4x return

TMT

18 December, 2012

Norwest pares more of its debut India investment in Persistent with over 4x return

Norwest Venture Partners continues its exit from the seven-year-old investment in software development firm Persistent Systems Ltd, selling 1.25 per ......

SAIF Partners-backed One97 acquires self-service mobile marketing platform MobiVite for up to $500K

TMT

18 December, 2012

SAIF Partners-backed One97 acquires self-service mobile marketing platform MobiVite for up to $500K

Mobile internet company One97 Communications Ltd has closed a deal to acquire Delhi-based mobile marketing platform MobiVite. The acquisition will ......

Videocon lines up IPO for DTH biz, eyes up to $128M

TMT

17 December, 2012

Videocon lines up IPO for DTH biz, eyes up to $128M

Dhoot family-promoted Bharat Business Channel Ltd, which runs direct-to-home television service under the Videocon d2H brand, has filed its documents ......

Nexus Ventures-backed Vdopia raises $3.4M as part of $7.4M Series B round

TMT

17 December, 2012

Nexus Ventures-backed Vdopia raises $3.4M as part of $7.4M Series B round

Vdopia Inc, a video advertising network founded by India-born entrepreneurs, has secured $3.4 million in private offering from a single ......

HT Media to pick up to 40% stake in online recruitment startup MyParichay

TMT

17 December, 2012

HT Media to pick up to 40% stake in online recruitment startup MyParichay

Media and publishing group HT Media Ltd is acquiring up to 40 per cent stake in a staggered transaction in ......

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Amar Chitra Katha may set up JV/SPV to boost global digital presence

TMT

14 December, 2012

Amar Chitra Katha may set up JV/SPV to boost global digital presence

Amar Chitra Katha Pvt Ltd, which owns the iconic Indian comic book brand Amar Chitra Katha, is in talks with ......

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