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Author Archive ‘ Vijayakumar Pitchiah ’

Raju Vegesna, Chairman & MD, Sify

Sify’s cloud and managed services business soars 86%, net profit up 48% in Q2

NASDAQ-listed Sify Technologies Ltd has posted a 86 per cent rise in revenue from cloud and managed services while its internet business grew 20 per cent for the second quarter ended June 30 over the corresponding year-ago period. The Indian internet and IT services firm’s net profit rose by 48 ...

21 October, 2015 | More »


Agentdesks raises under $3M in seed funding

Agentdesks, a mobile-only customer relationship management platform for real estate agents, has raised $2.95 million in seed funding from a clutch of investors including Sierra Ventures, Cota Capital and Vegas Tech fund. The development was first reported by The Economic Times. Biju Asokan, the comp...

21 October, 2015 | More »

Samardeep Subandh, Chief Marketing Officer, Flipkart

Flipkart names Samardeep Subandh marketing chief

Flipkart has named Samardeep Subandh as its chief marketing officer in the latest top-level appointment at the online retailer. Subandh, a former sales head at consumer goods company Marico, takes over a role that was until now overseen by Mukesh Bansal, the head of commerce platform at Flipkart. Th...

21 October, 2015 | More »


Snapdeal hires Anup Vikal as CFO

Online marketplace Snapdeal, run by Gurgaon-based Jasper Infotech Pvt Ltd, has appointed Anup Vikal as its chief financial officer. Vikal takes over a position left vacant early this year when Aakash Moondhra quit as the CFO of Snapdeal. Moondhra joined Naspers-owned online payments and mobile walle...

20 October, 2015 | More »


MotorExpert aims to solve your car troubles anytime, anywhere

Imagine this: your car breaks down on a highway at an ungodly hour, you can’t get help from the car maker’s helpline because the location is too far off, and the only option you have is a roadside workshop that you wouldn’t want touching your vehicle. Wouldn’t it be great if some...

20 October, 2015 | More »


Tiger Global, Flipkart seed fund Cube26 with $7.7M

Delhi-based mobile technology startup Cube26 Software Pvt Ltd has raised a seed investment of Rs 50 crore from Tiger Global and Flipkart. Tiger Global, which is also one of the lead investors in Flipkart, has led the round while Flipkart has contributed a minority share, the company stated in a pres...

19 October, 2015 | More »


Etailers rake in big numbers in festive sales

India’s three biggest e-tailers – Flipkart, Snapdeal and Amazon – claim to have sold products worth thousands of crores from festive sales last week, luring online shoppers with deep discounts on goods ranging from mobile phones to furniture. While Flipkart and Amazon have closed the festive s...

19 October, 2015 | More »


LetsVenture gets Series A funding from top techpreneurs

  LetsVenture, an online deal-making platform that connects startups with investors, has raised an undisclosed amount in a Series A funding round led by Accel Partners, People Group’s Anupam Mittal and 16 other investors. Infosys co-founder Nandan Nilekani, Snapdeal’s Kunal Bahl and Roh...

19 October, 2015 | More »

India climbs into top 20 gaming markets globally

India has jumped five places to become the 18th largest market for the gaming industry globally, according to a report by market research firm newzoo. The report, which listed the top 100 countries by game revenues for 2015, showed also that India is estimated to post a 62 per cent growth in gaming ...

16 October, 2015 | More »


Now, Indian startups have access to twice as many investors

The Indian startup ecosystem is being propelled by a 123 per cent rise in the country’s active investor count,  IT industry body NASSCOM and Zinnov Consulting said in a new report. “Number of active investors grew from 220 in 2014 to 490, (reflecting a) growth of about 123 per cent over 201...

14 October, 2015 | More »