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

Info Edge invests Rs 5Cr in hybrid offline-online fun products retailer Happily Unmarried

TMT

07 November, 2012

Info Edge invests Rs 5Cr in hybrid offline-online fun products retailer Happily Unmarried

Info Edge (India) Ltd, the largest consumer internet firm in India by market value that runs sites such as Naukri.com ......

Netmagic CEO on life after acquisition by NTT, global plans and mentoring startups

TMT

07 November, 2012

Netmagic CEO on life after acquisition by NTT, global plans and mentoring startups

In 1998, Sharad Sanghi started datacentre company Netmagic and through a decade of IT evolution, it ventured into high-growth niche ......

Mobile payments firm Ezetap raises $3.5M from Social+Capital Partnership, Peter Thiel, others

TMT

07 November, 2012

Mobile payments firm Ezetap raises $3.5M from Social+Capital Partnership, Peter Thiel, others

Mobile payments service provider Ezetap Mobile Solutions Pvt Ltd has raised $3.5 million in a Series A round of funding ......

ChrysCapital, CX Partners to buy 6.8% in KPIT Cummins for $30M

TMT

07 November, 2012

ChrysCapital, CX Partners to buy 6.8% in KPIT Cummins for $30M

Private equity major ChrysCapital is doubling down on its investment in information technology firm KPIT Cummins Infosystems Ltd.ChrysCapital, along with ......

MakeMyTrip acquires HotelTravel.com for $25M

Technology

07 November, 2012

MakeMyTrip acquires HotelTravel.com for $25M

NASDAQ-listed online travel services firm MakeMyTrip India Pvt Ltd (MMT) has acquired the Hotel Travel Group (HT Group) ......

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Global IT-BPO deals slow down, share of Indian providers up

TMT

06 November, 2012

Global IT-BPO deals slow down, share of Indian providers up

In the aftermath of the global economic slowdown and uncertainty related to US presidential polls and unemployment-related issues, the outsourcing ......

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Norwest Venture Partners starts exiting Persistent with over 4x returns

TMT

06 November, 2012

Norwest Venture Partners starts exiting Persistent with over 4x returns

Norwest Venture Partners is exiting its seven-year-old investment in software development firm Persistent Systems Ltd at over 4x. The Silicon ......

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FINO Paytech CFO on the firm's new focus areas -- B2C and mobile payments

Technology

06 November, 2012

FINO Paytech CFO on the firm's new focus areas -- B2C and mobile payments

FINO PayTech Ltd (formerly FINO Ltd) is involved in the financial inclusion sector providing micro banking technology services besides helping ......

IT firm Rolta India acquires US-based AdvizeX for $32M

Technology

06 November, 2012

IT firm Rolta India acquires US-based AdvizeX for $32M

Mumbai-based IT solutions provider Rolta India Ltd has acquired AT Solutions Group’s AdvizeX Technologies through ......

Gruner + Jahr's Indian arm NetworkPlay buys Smile Vun Group's mobile ad network Seventynine

TMT

02 November, 2012

Gruner + Jahr's Indian arm NetworkPlay buys Smile Vun Group's mobile ad network Seventynine

Smile Vun Group (SVG), a joint venture between Manish Vij’s Vun Network and Harish Bahl’s Smile Group, has announced the ......

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