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