TMT
Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.
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SMS GupShup Raises $11 Million From Helion, Charles River Ventures
Messaging platform SMS GupShup has raised $11 million in Series A funding from Helion Ventures and Charles River Ventures (CRV). ......
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PE Firms Cringe At Firstsource Price Tag
Private equity firms are starting to team up to bid for a $400 million stake in India's Firstsource Solutions, sources ......
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Xchanging Buys 75% In Cambridge For $147.3 Million
UK-based back office services provider Xchanging has agreed to acquire 75% of the fully diluted share capital of Cambridge Solutions (formerly Scandent ......
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Axon Recommends HCL Tech Offer; Infy's Rejected
UK-based SAP software consultant Axon Group Plc has recommended to its shareholders to accept the offer from HCL Technologies and ......
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Peepul Cap Invests Rs 100 Cr In Mobile Retail Chain UniverCell
Peepul Capital, previously known as iLabs, has invested Rs 100 crore ($22.3 million) in Chennai-based UniverCell Telecommunications India Pvt Ltd. ......
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Polaris Software To Acquire US Based Insurance Technology Co
Software services firm Polaris Software Lab Ltd will acquire U.S.-based technology firm SEEC Inc in an all-cash deal. SEEC Inc ......
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Reliance ADA Group Restarts Its Talks For A Potential Deal With MGM
Just after a freshly minted deal with Steve Spielberg's Dreamworks SKG, Reliance ADAG has reportedly restarted talks over a potential buyout ......
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Sudip Nandy To Join KKR-Controlled Aricent As CEO
Sudip Nandy, who headed Wipro's string of pearls acquisition strategy, is joining Aricent Technologies as Chief Executive Oficer. VC Circle ......
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Failing To Do IPO, Acme Owners To Buy Back Stake From PE Funds
If milestones are not met, entrepreneurs will have to sometimes pay a big price. The investors can unseat you as a CEO, ......
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Jerry Rao Quits EDS; To Pursue Personal Interests (Investing?)
Jaithirth (Jerry) Rao, Chairman of the EDS Asia Pacific Advisory Board, has decided to resign from the Company. Rao, popularly ......
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