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Author Archive ‘ Bhawna Gupta ’

Vista Equity Partners buying Vivek Ranadive’s software firm TIBCO for $4.3B

Wednesday, October 1, 2014 | More »

US-based PE firm Vista Equity Partners has entered into a definite agreement to acquire NASDAQ-listed TIBCO Software Inc, an infrastructure and business intelligence software provider, for around $4.3 billion to take it private, the company said in a press release. The deal is subject to approval by...


IFC may invest $10M in AV Birla’s personal finance services portal MyUniverse

International Finance Corporation (IFC) may invest up to Rs 60 crore ($9.7 million) to buy an undisclosed equity stake in Aditya Birla Customer Service Pvt Ltd (ABCSPL), which runsMyUniverse.com, an online personal financial services platform. MyUniverse will use the funding for building of product ...

30 September, 2014 |More »

MercuryMinds logo

Excl: IT services provider MercuryMinds looking to raise $5M

Tamil Nadu-based IT services and solutions provider MercuryMinds Technologies Pvt Ltd is looking to raise around $5 million (Rs 30 crore) for its product development and growth, a top company executive told VCCircle. Formed in 2008 by S Rajaram, MercuryMinds provides online business solutions in e...

5 September, 2014 |More »


Excl: Online healthcare startup Credihealth in talks to raise up to $10M in funding

Gurgaon-based Credi Health Pvt Ltd, an online healthcare services provider is in talks to raise up to $10 million in funding, a top executive of the company informed Techcircle.in. The funds will be invested in scaling up its operations as well as for expansion. The firm will open a Mumbai office i...

20 August, 2014 |More »


Excl: Cloud telephony firm Big V Telecom looking to raise over $6.5M in funding

Big V Telecom Pvt Ltd, a Nagpur-based cloud telephony firm, is looking to raise Rs 40 crore (over $6.5 million) in funding, a source privy to the development informed Techcircle.in. The company has also appointed Surmount Advisors as banker for the proposed funding. The funds will be invested to fue...

20 August, 2014 |More »


Excl: Indic language customised smartphone OS maker Firstouch in talks to raise $10M

Mumbai-based MoFirst Solutions Pvt Ltd, the company behind Firstouch brand of smartphones which comes strapped with Indic language customised operating system on an Android base, is in talks with five venture capital investors to raise $10 million in Series A funding, a top company executive told VC...

23 July, 2014 |More »


Excl: Realty Compass in talks with Kae Capital, Growx, others to raise up to $320K in pre-Series A funding

Chennai-based Blitzkrieg Technology Pvt Ltd, the company that owns and operates property search engine Realty Compass, is in talks with three investors to raise pre-Series A funding, a top company executive told Techcircle.in. “We are talking to Kae Capital, Growx Ventures Management and India...

3 June, 2014 |More »

Rahul Bhamburkar

Suvidhaa Infoserve elevates Rahul Bhamburkar as CEO

Mumbai-based Suvidhaa Infoserve Pvt Ltd, a company that provides internet-based payment collection services for various industries, has elevated Rahul Bhamburkar as its new CEO, the company said in a release. Bhamburkar succeeds Haresh Bathija who was CEO from October 2012. Bathija has moved on to e...

19 May, 2014 |More »


MasterCard to acquire Opus Software’s electronic payment services arm ElectraCard

Global financial services company MasterCard Inc has entered into an agreement with Pune-headquartered IT services firm Opus Software Solutions Pvt Ltd to acquire its subsidiary ElectraCard Services Pvt Ltd (ECS) for an undisclosed amount, the company said on Monday. ECS is a global provider of soft...

19 May, 2014 |More »


Cognizant to acquire US-headquartered digital video solutions provider itaas

IT services major Cognizant Technology Solutions Corp has entered into a definitive agreement to acquire itaas, a digital video solutions company headquartered in Atlanta, Georgia, for an undisclosed amount. The acquisition will enable Cognizant to capitalise on the growing demand for greater int...

23 April, 2014 |More »

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