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Infosys to buy WongDoody for $75 mn, puts three firms bought under Sikka on block

TMT

13 April, 2018

Infosys to buy WongDoody for $75 mn, puts three firms bought under Sikka on block

Infosys Ltd, India’s second-largest technology firm by revenue, has agreed to acquire US-based digital creative agency Wongdoody for $75.04 million ......

Infosys investing more money in Waterline Data Science

TMT

22 March, 2018

Infosys investing more money in Waterline Data Science

Infosys Ltd is investing an additional $1.5 million (Rs 9.8 crore) in Delaware, US-based startup Waterline Data Science Inc., India’s ......

Ideaspring Capital, The Hive invest in AI startup Peritus

TMT

15 March, 2018

Ideaspring Capital, The Hive invest in AI startup Peritus

Artificial intelligence startup Peritus.ai has raised $2 million (Rs 12 crore) in funding from early-stage venture capital firm Ideaspring Capital ......

Infosys' $500 mn startup fund loses another senior exec

People

07 March, 2018

Infosys' $500 mn startup fund loses another senior exec

Pankaj Mitra, one of the founding team members of the $500-million startup fund of software services company Infosys Ltd, has ......

B2B food-tech startup HungerBox bags $2.5 mn in pre-Series A round

TMT

22 January, 2018

B2B food-tech startup HungerBox bags $2.5 mn in pre-Series A round

Bangalore-headquartered HungerBox, an online platform that connects caterers and corporates, has raised $2.5 million in a pre-Series A funding round ......

VCC Startups Weekly Wrap: SoftBank gets Uber stake; Sheroes, MonkeyBox ink M&As

TMT

30 December, 2017

VCC Startups Weekly Wrap: SoftBank gets Uber stake; Sheroes, MonkeyBox ink M&As

Japanese investor SoftBank Group Corp was the leading newsmaker this past week as its tender offer to acquire a stake ......

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Flashback 2017: IT firms face slowdown; consumer internet firms steal the show

TMT

21 December, 2017

Flashback 2017: IT firms face slowdown; consumer internet firms steal the show

It was a mixed bag of sorts for the Indian IT sector. While software services majors continued with their efforts ......

Flashback 2017: Angel, seed deals halve for startups as caution grows

TMT

21 December, 2017

Flashback 2017: Angel, seed deals halve for startups as caution grows

Indian entrepreneurs seeking funding for their new ventures faced greater difficulties in 2017, as the undoing of many well-funded tech ......

Sensex gains as Infosys climbs on new CEO appointment

Markets

04 December, 2017

Sensex gains as Infosys climbs on new CEO appointment

Indian shares snapped a four-session losing streak to end higher on Monday, as Infosys Ltd climbed on the appointment of ......

New Infosys CEO Salil Parekh faces challenges of growth, forging peace

People

04 December, 2017

New Infosys CEO Salil Parekh faces challenges of growth, forging peace

After well over a decade with Capgemini, Salil Parekh is returning home to head unsettled Indian software services firm Infosys, ......