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Angel tax: Govt freezes accounts of Sheroes-owned Babygogo, VC-backed TravelKhana

Economy

08 February, 2019

Angel tax: Govt freezes accounts of Sheroes-owned Babygogo, VC-backed TravelKhana

Just after assuring angel investors and startup entrepreneurs of a speedy resolution to the issues surrounding angel tax, the...

Airtel unit to merge with Telkom Kenya

TMT

08 February, 2019

Airtel unit to merge with Telkom Kenya

India's Bharti Airtel on Friday said its unit, Airtel Networks Kenya Ltd, has agreed to merge with Telkom Kenya Ltd, ......

Logistics-tech startups, unicorns lead VC funding this week

TMT

08 February, 2019

Logistics-tech startups, unicorns lead VC funding this week

Logistics technology startups Four Kites and Rivigo raised big ticket funding in fresh rounds while unicorns Ola and Zomato received ......

Alibaba leads Series C round in video analytics firm Vidooly

TMT

08 February, 2019

Alibaba leads Series C round in video analytics firm Vidooly

Video analytics startup Vidooly Media Tech Pvt. Ltd has raised Rs 15.14 crore ($2.12 million as per current exchange rates) ......

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Does Amazon's stake rejig in JV with Narayana Murthy pass FDI test?

TMT

07 February, 2019

Does Amazon's stake rejig in JV with Narayana Murthy pass FDI test?

E-commerce giant Amazon is said to have more than halved its stake in Cloudtail, one of the largest sellers on ......

IFC to invest $8 mn in Lok Capital-backed Mintifi

TMT

07 February, 2019

IFC to invest $8 mn in Lok Capital-backed Mintifi

International Finance Corporation, the private-sector investment arm of the World Bank, will invest up to $8 million (about Rs...

Pegasystems acquires business analytics firm Infruid

TMT

07 February, 2019

Pegasystems acquires business analytics firm Infruid

US-based enterprise software company Pegasystems Inc. has announced the purchase of Infruid Labs Inc., a business analytics and...

Cognizant names Vodafone exec Brian Humphries new CEO

People

06 February, 2019

Cognizant names Vodafone exec Brian Humphries new CEO

Cognizant Technology Solutions Corp on Wednesday beat Wall Street estimates for quarterly results, benefiting from higher spending...

Warburg Pincus, SAIF put more money in logistics startup Rivigo

TMT

06 February, 2019

Warburg Pincus, SAIF put more money in logistics startup Rivigo

Logistics-technology firm Rivigo Services Pvt. Ltd has raised $35.6 million (around Rs 255 crore at current exchange rates) in...

Silicon Valley VC firms invest more in logistics-tech startup FourKites

TMT

06 February, 2019

Silicon Valley VC firms invest more in logistics-tech startup FourKites

FourKites, a logistics-focussed technology startup which operates out of India and the US, has raised $50 million (around Rs 357...

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