Ebix seals agreement to buy Yatra for $338 mn

Vijayakumar Pitchiah

US-headquartered software firm Ebix Inc has entered into a definitive agreement with Yatra Online Private Limited to acquire the ....

17 July, 2019

Audio-on-demand content startup Agrahyah raises pre-Series A round

Shweta Sharma

Mumbai-based multimedia content firm Agrahyah Technologies Private Limited has raised $1 million (Rs 6.9 crores at current exchange ....

17 July, 2019
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Co-working space provider Awfis to raise $13 mn

Binu Paul

Co-working space provider Awfis Space Solutions Pvt Ltd will be raising $13 million (Rs 90 crore at the current exchange rate) ....

17 July, 2019

Icertis joins unicorn club, raises $115 mn from Greycroft & PremjiInvest

Om Athavale

The Bellevue, Washington-based cloud management solutions provider Icertis raised $115 million (around Rs 791.67 crore at the ....

17 July, 2019

Mindtree Q1 profits decline more than 40%, revenues clock 11% growth

Vignesh Ananthraj

Bengaluru-based software services firm Mindtree Ltd reported a more than 40% drop in net profits for the quarter ended June 30, ....

17 July, 2019

Angel investor Sanjay Mehta launches 100X.VC to invest in 100 startups

Shweta Sharma

Entrepreneur-turned-angel investor Sanjay Mehta announced the launch of 100X.VC, his new venture capital firm. "Time has ....

17 July, 2019
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Druva buys Silicon Valley startup CloudLanes to boost IP-based capabilities

Om Athavale

Sunnyvale, California headquartered cloud data protection firm Druva Inc on Tuesday announced the acquisition of CloudLanes Inc, ....

17 July, 2019

8 lakh Indian engineers trained in emerging technologies: Nasscom

Anirban Ghoshal

National Association of Software and Services Companies (Nasscom), the software services industry lobby, said today that it had ....

17 July, 2019

Blume Ventures, Rainmatter invest $1 mn in commodities platform Procol

Binu Paul

New Delhi-based Procol, a procurement platform for the commodity industry, has raised a seed round of $1 million (Rs 6.8 crore ....

17 July, 2019

Sachin Bansal’s BAC bets on consumer electronics startup boAt

Shweta Sharma

Consumer-tech lifestyle startup boAt has secured a commitment of Rs 20 crore in venture debt from Bengaluru-based BAC Acquisitions, ....

17 July, 2019
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Sequoia-backed data analytics startup Near raises $100 mn

Vijayakumar Pitchiah

Singapore-based data analytics startup Near has raised $100 million (Rs 688.39 crore at current exchange rates) from  London-based ....

17 July, 2019

ByteDance to back local content firms; Facebook may be able to launch WhatsApp Pay soon

Vijayakumar Pitchiah

TikTok owner ByteDance is scouting investment in local content platforms to capture newer audiences, while Amazon has made a soft ....

17 July, 2019

MyMoneyMantra raises $15 mn from European investors

Binu Paul

Financial services distributor MyMoneyMantra has raised $15 million (Rs 104 crore at the current exchange rate) from European ....

17 July, 2019

Warburg, SAIF-backed Rivigo lays off staff, revokes campus job offers: Report

Binu Paul

Logistics-technology firm Rivigo Services Pvt Ltd, funded by Warburg Pincus and SAIF Partners, has laid off about 70-100 employees ....

17 July, 2019

Credit Suisse partners Nasscom to promote fintech innovations

Om Athavale

Zürich-based financial services company Credit Suisse and Nasscom 10,000 Startups announced plans to support the growth of ....

17 July, 2019

OYO founder to increase stake through Cayman-based entity

Vijayakumar Pitchiah

Ritesh Aggarwal, the founder of Gurugram-based hospitality chain OYO Hotels and Homes, is increasing his stake in the company ....

17 July, 2019

L&T Infotech to acquire AI&ML firm Lymbyc Solutions for Rs 38 crore

Anirban Ghoshal

Just after closing a hostile takeover of mid-tier IT services firm Mindtree, engineering conglomerate Larsen & Toubro (L&T), ....

17 July, 2019

Wipro chairman Premji sees accelerated investments in digital, cloud & cybersecurity

Anand J

Wipro chairman Azim Premji said the Bengaluru-based information technology services major was making significant investments  in ....

17 July, 2019