Mobile-first test preparation platform, OnlineTyari (OT) has raised Rs 20 crore, led by the Michael and Susan Dell Foundation (MSDF). MSDF made an equity investment of Rs 15 crore (USD 2.1 million) in the company, OnlineTyari said in a statement. OT offers a mobile application that allows highly customised, curated and vernacular test preparation content […]
Patanjali Ayurved, the FMCG venture promoted by Yoga guru Ramdev, will hire around 5000 people at its upcoming Rs 1,300-crore facility in Assam by the end of this fiscal year. Assam Chief Minister Sarbananda Sonowal today laid the foundation stone of the Patanjali Herbal and Mega Food Park at Balipara in Sonitpur district. “The unit […]
At a time when the automotive world is bullish on self driving cars, Maruti Suzuki Chairman R C Bhargava says such autonomous vehicles will not work in India as “nobody obeys any of the driving rules”. “I would love to see people try and put that technology to use in the Indian driving conditions,” Bhargava […]
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 […]
Wipro Limited, India’s leading information technology, consulting and business process services company announced that it has signed a definitive agreement to acquired Appirio, for USD 500 Million. Established in 2006, Appirio, a global cloud services company that creates next generation worker and customer experiences. Appirio is headquartered in Indianapolis with offices in San Francisco, Dublin, London, […]
Venture capital firm Next Orbit Ventures (NOV) has received commitment from UAE-based investors, including DP World, Emmar and Etisalat, for its over USD 750 million or Rs 5,000 crore fund. The company plans to invest the proceeds of the over Rs 5,000 crore (USD 750 million) fund in digital, analog and solar fabrication (fabs) projects […]
USMobile, Inc., a private communication company, launched the free version of Scrambl3, a free mobile App for iOS and Android enabling you to make the world’s most private calls and messages. Ultimate Personal Privacy: 5 second anonymous signup and Black Book contact listing New Scrambl3 users are only asked to provide a username and […]
Kishore Biyani-led Future Group has launched FuturePay, which is a digital loyalty wallet that helps consumers shop without card or cash across formats such as Big Bazaar, Ezone and Home Town. The app is directly linked with all existing loyalty programs and cards bringing all kinds of transactions under one roof. “We are providing a […]
Adding one more to his startup funding list, leading industrialist and serial investor Ratan Tata has invested in virtual fitness coaching platform, GOQii. The size of the funding was however not disclosed. The company, which is a leading player in the Indian wearables market, is backed by angel investors like Shriram Nene and his wife […]
The U.S. Department of Labor filed an administrative lawsuit against Palantir Technologies on Monday, alleging that the data analytics and security company systematically discriminated against Asian job applicants. The Privately held firm helps government agencies track down terrorists and uncover financial fraud. It raised $880 million in funding late last year, for a $20 billion […]
Indonesia’s based food and grocery delivery startup GO-JEK has acquired Bangalore based Pianta, a marketplace for home healthcare services, for an undisclosed sum. Post the acquisition, Pianta’s eight member team will merge with GO-JEK’s engineering centre in Bangalore. Founded in 2010, GO-JEK has over two lakh motorbike taxis, known as “ojeks” in its fleet. Since then, the […]
Smartphone repair e-commerce platform JustLikeNew.In today said it has raised funds worth USD 500,000 (about Rs 3.3 crore) through LetsVenture, from angel investors Mindtree executive chairman Krishnakumar Natarajan and former Oracle India MD, Sandeep Mathur. Existing investors Aneesh Reddy and Vikas Tandon have also reinvested in the company, it said in a statement here. The […]