VCC Startups
TMT
How will FreeCharge deal benefit Axis Bank and Snapdeal?
Snapdeal has sold its digital payments arm FreeCharge to Axis Bank for $60 million. Although this is just 15% of ......
TMT
GE's outgoing CEO Jeffrey Immelt in race for Uber's top job
Jeffrey Immelt, the outgoing chief executive at General Electric Co, is among a handful of candidates taxi-hailing firm Uber Technologies ......
TMT
Fitness aggregator Gympik raises money from existing investor
Gympik.com, an online marketplace for discovering fitness centres and gyms, has secured a second tranche of funding from existing investor ......
TMT
Meet India's busiest angel investors of the first half of 2017
The slowdown in startup funding is showing no signs of a let-up with early-stage and angel deals, a barometer of ......
People
Capillary hires former Dell exec Ganesh Lakshminarayanan as COO
Bangalore-based software-as-a-service provider Capillary Technologies Pvt. Ltd has roped in former Dell executive Ganesh Lakshminarayanan as its chief operating officer.In ......
TMT
Sale to Flipkart: Are Snapdeal board members fully on board yet?
It’s not over till it’s over.Recent reports of the Snapdeal board approving a proposal to merge the strife-stricken e-commerce company ......
Healthcare
Portea in advanced talks to raise Series C funding
Health Vista India Pvt. Ltd, which provides home healthcare services under the Portea Medical brand, is in advanced talks to ......
TMT
Amazon sales climb, profit slumps as expansion continues
Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion ......
TMT
Digital currency startups shrug off SEC warning on fundraising
Technology companies looking to raise money by issuing digital coins are moving forward with their plans despite a U.S. regulator's ......
TMT
The rapid rise and the stunning decline in FreeCharge's fortunes
In April 2015, online retailer Snapdeal shelled out as much as $400 million for digital payments startup FreeCharge in what ......
