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Telstra Health buys business of Chennai-based e-health solutions firm IdeaObject

Thursday, December 18, 2014 | More »

Telstra Health, the e-health business unit of Australia’s telecom firm Telstra Corp., has acquired the business of Chennai-based health software solutions provider, IdeaObject Software Pvt Ltd, for an undisclosed amount. Post-acquisition, the IdeaOject’s business, along with the business of Clou...


Talview offers mobile & video recruitment solutions to enterprises; eyes Asian markets

In spite of being one of the fastest growing internet markets globally, India Inc. is still unable to leverage technology to discover and unleash the potential of the youth in rural India. On the flip side, young talent finds it hard to connect with employers (most of whom are urban-centred) as they...

17 December, 2014 |More »


Big Data firm Qubole raises $13M Series B funding from Norwest, others

Bangalore- and US-based Big Data company Qubole Inc. has secured $13 million in its Series B round of financing led by Norwest Venture Partners. The proceeds from this round will be used to acquire more clients. With the fresh round, the investment raised by Qubole so far has touched $20 million. ...

11 December, 2014 |More »

Girish Shivani

Cowboyish attitude of startups launching services sans proper verifications needs to be stopped

The alleged rape incident involving a driver contracted to Uber has brought more than one thing to light. It is a fact is that many foreign and Indian startups are brazenly flouting multiple rules introduced by the Indian government. And if it continues like this, the growth story of the startup eco...

11 December, 2014 |More »


Karnataka’s KITVEN fund backs IT predictability and assurance solutions firm Avekshaa

Bangalore-based Avekshaa Technologies Pvt Ltd, a provider of IT predictability and assurance solutions to BFSI and telecom verticals, has received an undisclosed sum in funding from Karnataka government-run VC fund, KITVEN, at an enterprise valuation of $8 million. The firm will use the funds to fur...

9 December, 2014 |More »


Real-time hotel distribution management startup RezNext gets $5M from NEA

Bangalore-based RezNext Global Solutions Pvt Ltd, a startup that offers real-time distribution management solutions for hotels, has secured $5 million in funding from New Enterprise Associates (NEA). “This funding will help us substantially increase our market penetration, deliver our full produ...

8 December, 2014 |More »


IIM-A’s tech incubator CIIE invests in bio-degradable napkin maker Aakar Innovations

Mumbai-headquartered Aakar Innovations Pvt Ltd, a social enterprise focusing on providing sanitary napkins for rural Indian women, has secured an undisclosed amount in funding led by IIM Ahmedabad’s incubator, Centre for Innovation Incubation and Entrepreneurship (CIIE). The round also saw partic...

8 December, 2014 |More »


Excl: IT security startup Wegilant raises $160K angel funding

Mumbai-based Wegilant Net Solutions Pvt Ltd, which provides IT security solutions to Android developers and CIOs, has raised Rs 1 crore ($160,000) from a group of investors, including Ravi Gururaj of HBS Alumni Angels, Gaurav Sharma of Yahoo India, and Vishwanathan Ramachandran (formerly GupShup), ...

5 December, 2014 |More »


GSF launches accelerator to fund 10 digital media & ad tech startups in 2015

GSF, a startup accelerator-cum-early-stage fund run by former Reliance Entertainment president Rajesh Sawhney, has launched Digital Media Labs accelerator which aims to incubate and fund 10 digital media and ad tech startups in 2015. It is part of its move to create specific verticals (starting with...

5 December, 2014 |More »


Electric motors startup Ather raises $1M from Flipkart co-founders, others

Chennai-based Ather Energy Pvt Ltd, a vehicle startup focused on designing high-speed electric two-wheelers for the Indian market, has secured $1 million in funding from Flipkart co-founders Sachin Bansal and Binny Bansal (not related), with participation from Raju Venkatraman, a serial entrepreneu...

2 December, 2014 |More »

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