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Adepto Raises $300K From Blume Ventures & Angel Investors

TMT

06 June, 2011

Adepto Raises $300K From Blume Ventures & Angel Investors

Mumbai-based developer of the social commerce platform Trol.ly, Adepto Solutions Pvt. Ltd. has raised $ 300,000 (~Rs 1.3 crore) in ......

E-Com Firm BenefitsPlus Media Acquires Snowball eRetail; To Invest $5M

TMT

01 June, 2011

E-Com Firm BenefitsPlus Media Acquires Snowball eRetail; To Invest $5M

 BenefitsPLUS Media Pvt Ltd, a New Delhi-based e-commerce firm, has announced its acquisition of New Delhi-based Snowball eRetail Services as ......

SAP Ventures To Invest $7.5M In Just Dial In A Pre-IPO Deal

TMT

01 June, 2011

SAP Ventures To Invest $7.5M In Just Dial In A Pre-IPO Deal

SAP Ventures, the corporate venture capital arm of SAP AG (an enterprise software application leader), is investing $7.5 million for ......

IL&FS PE, Asia Mezzanine Capital Invest In IPO-Bound SFO Technologies

TMT

31 May, 2011

IL&FS PE, Asia Mezzanine Capital Invest In IPO-Bound SFO Technologies

SFO Technologies Pvt Ltd, a part of the Kochi-based NeST Group, has raised Rs 101 crore from IL&FS Investment Managers ......

UTV Registers Net Profit Of Rs 137.57Cr For FY11; Revenues Up 38.9%

TMT

31 May, 2011

UTV Registers Net Profit Of Rs 137.57Cr For FY11; Revenues Up 38.9%

Media and entertainment house UTV Software Communications Ltd has more than doubled its consolidated net profit to Rs 137.57 crore ......

Blackstone Sells Stake In BPO Co Intelenet For $634M; Serco New Owner

TMT

31 May, 2011

Blackstone Sells Stake In BPO Co Intelenet For $634M; Serco New Owner

In one of the biggest private equity exits from an Indian firm, Blackstone, along with other shareholders of the business ......

RCom Gets Offers For Stake In Tower Arm; Raises Doubts

TMT

31 May, 2011

RCom Gets Offers For Stake In Tower Arm; Raises Doubts

Debt-laden telecom firm Reliance Communications on Tuesday said it had received several offers for its 95-percent stake in its tower ......

RCOM's Net Profits Dip Even As Revenues Grow

TMT

30 May, 2011

RCOM's Net Profits Dip Even As Revenues Grow

Telco Reliance Communications (RCOM) has registered a standalone net loss of Rs 757.99 crore for the year ended March 31, ......

Ojas Ventures Co-Invests In US-Based Social Gaming Start-Up Play140

TMT

30 May, 2011

Ojas Ventures Co-Invests In US-Based Social Gaming Start-Up Play140

Bangalore-based Ojas Venture Partners, along with SOS Ventures of China, invested in the US-based Play140, a social gaming start-up. However, ......

Microsoft board backs Ballmer over Einhorn

TMT

27 May, 2011

Microsoft board backs Ballmer over Einhorn

Microsoft Corp's  board stood behind Chief Executive Officer Steve Ballmer on Thursday, defending its longtime leader after influential hedge fund ......

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