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Amazon pumps $215 mn into India data services arm

TMT

25 July, 2017

Amazon pumps $215 mn into India data services arm

US-based e-commerce major Amazon.com Inc has infused Rs 1,381.6 crore ($214.6 million) into its Indian data services arm, regulatory filings ......

ItzCash MD Naveen Surya plans own fintech venture

TMT

25 July, 2017

ItzCash MD Naveen Surya plans own fintech venture

Naveen Surya, who had led ItzCash Card Ltd for nearly 12 years and had recently put in his papers as ......

SoftBank may invest in Kalaari Capital's VC fund

Finance

25 July, 2017

SoftBank may invest in Kalaari Capital's VC fund

Japanese telecom and Internet conglomerate SoftBank Group Corp is considering investing in a venture capital fund of early-stage investment firm ......

Rishi Khiani's Ant Farm-backed Fork Media raises funds

TMT

25 July, 2017

Rishi Khiani's Ant Farm-backed Fork Media raises funds

Agnus Capital, the family office of promoters of pharma firm Strides Group, has upped its bet on Rishi Khiani's startup ......

Just Dial posts lower Q1 profit, to buy back shares worth Rs 84 crore

TMT

25 July, 2017

Just Dial posts lower Q1 profit, to buy back shares worth Rs 84 crore

Online local business search engine Just Dial Ltd registered a 2% year-on-year drop in its net profit for the first ......

Paytm elevates Kiran Vasireddy as COO of payments business

People

25 July, 2017

Paytm elevates Kiran Vasireddy as COO of payments business

One 97 Communications Ltd, which operates Paytm, has appointed Kiran Vasireddy as the chief operating officer of its payments business.Vasireddy ......

Microsoft may invest $50-100 mn in Ola: Report

TMT

25 July, 2017

Microsoft may invest $50-100 mn in Ola: Report

After investing in India’s biggest e-tailer Flipkart earlier this year, tech giant Microsoft Corp. is now looking to back homegrown ......

Alibaba-backed companies Paytm, AGTech form JV for online gaming

TMT

25 July, 2017

Alibaba-backed companies Paytm, AGTech form JV for online gaming

Paytm, run by One97 Communications Ltd, has agreed to set up an online gaming joint venture in India with Hong ......

Enterprise communication platform Noticeboard bags $1.2 mn from Stellaris, others

TMT

25 July, 2017

Enterprise communication platform Noticeboard bags $1.2 mn from Stellaris, others

Bangalore-based Noticeboard, a mobile-first communication platform for on-field staff, has raised $1.2 million (Rs 8 crore) in its first external ......

Info Edge Q1 profit up 45%; Helion Venture co-founder Ashish Gupta rejoins board

TMT

24 July, 2017

Info Edge Q1 profit up 45%; Helion Venture co-founder Ashish Gupta rejoins board

Info Edge (India) Ltd, which runs job portal Naukri, realty site 99acres and matrimonial platform Jeevansathi, reported a net profit ......