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E-recharge Start-up Freecharge Raises Rs 20Cr From Sequoia Capital

TMT

25 January, 2012

E-recharge Start-up Freecharge Raises Rs 20Cr From Sequoia Capital

Freecharge.in, an 18-month-old recharge portal run by Mumbai-based Accelyst Solutions Pvt Ltd, has raised Rs 20 crore ($3.9 million) from ......

NTT Com To Acquire 74% In Netmagic Solutions; Nexus, Fidelity Exit

TMT

25 January, 2012

NTT Com To Acquire 74% In Netmagic Solutions; Nexus, Fidelity Exit

NTT Communications Corporation (NTT Com), a wholly owned subsidiary of Nippon Telegraph and Telephone (NTT) Corporation, will acquire 74 per ......

Accel, SVB And K Ganesh Invest $5M In Online Jeweller Bluestone

TMT

24 January, 2012

Accel, SVB And K Ganesh Invest $5M In Online Jeweller Bluestone

Accel Partners, the venture capital firm which has backed Facebook and Groupon, Silicon Valley Bank (the subsidiary and commercial banking ......

ADI BPO Raises Stake In Public-listed MPS to 76.3% Via Open Offer

TMT

23 January, 2012

ADI BPO Raises Stake In Public-listed MPS to 76.3% Via Open Offer

New Delhi’s ADI BPO Services Pvt Ltd has increased its stake in Chennai-based MPS Ltd to 76.3 per cent, according ......

Seedfund Acquires Minority Stake In Fashion E-tailer HandsPick.com

TMT

20 January, 2012

Seedfund Acquires Minority Stake In Fashion E-tailer HandsPick.com

Seedfund, an early-stage venture capital fund with operations in Mumbai, Bangalore and New Delhi, has invested an undisclosed sum to ......

Nomura Research To Acquire Kolkata-based Anshin Software

TMT

20 January, 2012

Nomura Research To Acquire Kolkata-based Anshin Software

Global consulting firm Nomura Research Institute Ltd (NRI) will acquire Kolkata-based IT consulting and software development company Anshin Software Pvt ......

Wipro Q3 Rises 10%; IBM, Other Tech Results Point To Robust IT Demand

TMT

20 January, 2012

Wipro Q3 Rises 10%; IBM, Other Tech Results Point To Robust IT Demand

Wipro Ltd, India's No.3 software services exporter, flagged the uncertain global economic environment as a concern after roughly meeting expectations ......

Sequoia Capital Invests $6.6M In Knowlarity Communications

TMT

18 January, 2012

Sequoia Capital Invests $6.6M In Knowlarity Communications

Gurgaon-based Cloud telephony start-up Knowlarity Communications has received Rs 34 crore ($6.6 million) from venture and growth capital investor Sequoia ......

Seeders Invests In Shopo.in & Five Other Start-ups

TMT

19 January, 2012

Seeders Invests In Shopo.in & Five Other Start-ups

Seeders Venture Capital Pvt Ltd, an early-stage investment firm which backs technology start-ups, has been quietly but quickly ramping up ......

RCOM Eyes $1.5B Singapore IPO For Undersea Cable Unit

TMT

18 January, 2012

RCOM Eyes $1.5B Singapore IPO For Undersea Cable Unit

Telecoms company Reliance Communications is looking to raise up to $1.5 billion through an initial public offering in Singapore of ......

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