Online travel company Yatra raised a 100 crore venture debt from Temasek backed InnoVen Capitalmarking it India’s largest venture debt transaction yet as per the source Livemint.
Bangalore-based SaaS provider Capillary Technologies Pvt. Ltd has recently appointed former Dell executive Ganesh Lakshminarayanan as its chief operating officer. In a press note, the company said he will be responsible for scaling up the company’s operations and driving it towards profitability, besides enhancing the brand value. Lakshminarayan, who took over his new assignment in […]
Indias largest e-commerce firm Flipkart has raised USD 1.4 billion from Tencent Holdings, Microsoft Corp and eBay Inc amid speculation that the online marketplace is in talks to take over smaller rival Snapdeal. The biggest-ever fund raising by an Indian Internet firm values Flipkart at USD 11.6 billion, the company said in a statement today. With […]
With an eye on key emerging markets like India, leading Italian mobile services provider, Ubiquity, today announced that it has acquired a 51% majority stake in Solutions Infini, a Bengaluru-based enterprise communication and cloud telephony services startup. This strategic acquisition will broaden Ubiquity’s offerings and business solutions, including the addition of an innovative voice services […]
1mg, India’s leading consumer health platform, has raised has raised an undisclosed amount of additional Series B funding from HBM Healthcare Investments AG, the company said in a statement. In April, the company raised Rs.100 crore in the Series B round from Maverick Capital Ventures, the venture capital (VC) arm of US-based hedge fund Maverick Capital […]
Start-up companies in India are expected to raise $700 million and create 5,000 jobs in next 12 months, as per India Startup Outlook Report 2016 by InnoVen Capital. “About 130 companies are expected to raise $700 million in the next 12 months,” said the report. InnoVen Capital India has provided over 100 loans to 70 […]
What we will say, Is this Narendra modi effect or what but China’s one of the largest search engine Baidu and one of the country’s biggest private conglomerates Fosun are scouting to invest in Indian startups, joining compatriots from the Middle Kingdom eager to profit from the opportunities in the world’s fastest-growing major economy. Investment […]
Markus Kirjonen, a student at Aalto University in Finland revealed that a book published in 1999 “Business @ the Speed of Thought”, Bill Gates accurately predicts about future online world. In that book, Bill Gates outlined information systems, the Internet, and technology in general would change the way that businesses function. He made some incredibly […]