Bernstein analyst pegs Alibaba’s valuation at $245B as the e-com giant prepares for US IPO

Thursday, April 17, 2014 Comment

alibaba
Carlos Kirjner, a senior analyst at asset management company AllianceBernstein Holding, has put a valuation of $245 billion for Alibaba Group Holding, after the Chinese e-commerce ...

Facebook’s Home & Graph Search apps yet to gain acceptance; company likely to launch wallet to store and transfer money

Thursday, April 17, 2014 Comment

facebook-1
While social networking giant Facebook’s in-house apps Home and Graph Search didn’t really work, the company has also acquired hit apps like Instagram and WhatsApp. The company...

Lava Iris 504Q+ smartphone launched for Rs 13,990; Gionee Pioneer P4 available for Rs 9,199 in India

Thursday, April 17, 2014 Comment

Gionee
Just last week, Chinese handset manufacturer Gionee had launched the Elife E7 mini in the Indian smartphone market for Rs 18,900. The company has now added yet another device to it...

Google’s Q1 revenues rise 19% on consistent ads growth

Thursday, April 17, 2014 Comment

Google
Search engine giant Google Inc announced that its net revenues for the quarter ended March 31, 2014 grew 19 per cent $15.4 billion, even as revenues from advertisements remained co...

Network18 Digital promotes Durga Raghunath as its CEO

Thursday, April 17, 2014 Comment

Durga Raghunath
Network18 Digital, the digital content arm of Network18 and Investments Ltd, has promoted Durga Raghunath as its CEO. She is replacing Lakshmi Narasimhan, who is moving into a corp...

Vserv.mobi’s Search Intent Ads enables marketers to bag customers via in-ad search

Thursday, April 17, 2014 Comment

Vserv-mobi
Mumbai-based mobile advertising exchange Vserv.mobi has launched a new ad format called ‘Search Intent Ads’, which enables marketers to bag relevant consumers and facilitate th...

Smile Group forms $100M JV with PE giant TPG to help businesses roll out operations in Asia & Africa

Wednesday, April 16, 2014 Comment

Smile_Group
Gurgaon-based Smile Group, which owns and operates various properties in the consumer and internet media space, has formed a joint venture (JV) with TPG Growth, the equity investme...

Excl: Home furnishing & furniture e-tailer FabFurnish’s co-founder Vaibhav Aggarwal quits

Wednesday, April 16, 2014 Comment

Vaibhav Aggarwal
Vaibhav Aggarwal, one of the three co-founders of home furnishing and furniture e-tailer FabFurnish.com has quit the company, sources close to the development informed Techcircle.i...

Kalaari Capital invests over $4.9M in tablet maker Swipe Telecom

Wednesday, April 16, 2014 Comment

Swipe-Telecom
Pune-based tablet and phablet (smartphones with large displays) maker Swipe Telecom has raised $4.9 million (Rs 30 crore) in venture capital funding from Kalaari Capital. The funds...

Tiger Global raises $1.5B in eighth global VC fund

Wednesday, April 16, 2014 Comment

Tiger-Global-Management
Tiger Global Management LLC, the hedge fund cum early stage tech investment firm which has been one of the most aggressive backers of Indian tech firms with investments in firms su...

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