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

Supreme Court finds Anil Ambani guilty of contempt in Ericsson case

TMT

20 February, 2019

Supreme Court finds Anil Ambani guilty of contempt in Ericsson case

 India's Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully ......

Angel tax: Some relaxation for startups but riders remain

TMT

19 February, 2019

Angel tax: Some relaxation for startups but riders remain

The Indian government on Tuesday sought to relax the provisions of  the ‘angel tax’ that ends up taxing startups for ......

Ola bags $92-mn cheque from Flipkart co-founder Sachin Bansal

TMT

19 February, 2019

Ola bags $92-mn cheque from Flipkart co-founder Sachin Bansal

Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing app ......

SAIF Partners leads $12.5-mn funding in digital lender ZipLoan

TMT

19 February, 2019

SAIF Partners leads $12.5-mn funding in digital lender ZipLoan

Online lending platform ZipLoan has raised Rs 90 crore ($12.5 million) in a Series B round led by venture capital ......

Angels back travel-tech startup PickYourTrail in Series A round

TMT

18 February, 2019

Angels back travel-tech startup PickYourTrail in Series A round

PickYourTrail, a travel tech startup that helps travellers plan and book multi-country vacations online, has raised close to $3 million ......

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Bain Capital, co-investor pull high returns on latest India-linked partial exit

TMT

18 February, 2019

Bain Capital, co-investor pull high returns on latest India-linked partial exit

Private equity firm Bain Capital and its co-investor in an India-related transaction have pulled out another tranche of money from ......

Intel acqui-hires Indian chipmaker Ineda Systems

TMT

18 February, 2019

Intel acqui-hires Indian chipmaker Ineda Systems

US-headquartered technology giant Intel Corporation has acqui-hired Ineda Systems, a Hyderabad-based startup which manufactures microchips. In an acqui-hire, a company is ......

Insurance software firm Ebix buys majority stake in travel tech platform Zillious

TMT

14 February, 2019

Insurance software firm Ebix buys majority stake in travel tech platform Zillious

One year three months after buying Bengaluru-based online-to-offline travel agency Via.com, insurance software firm Ebix Inc. has acquired 80% stake ......

OYO raises money from Didi Chuxing to close $1 bn funding round

TMT

14 February, 2019

OYO raises money from Didi Chuxing to close $1 bn funding round

Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm Didi ......

L&T Infotech to acquire Germany's Nielsen+Partner

TMT

14 February, 2019

L&T Infotech to acquire Germany's Nielsen+Partner

Larsen & Toubro Infotech Ltd said on Thursday it has agreed to acquire German IT consulting and software services  company ......

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