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Enterprise

Exclusive: ItzCash in talks with several fintech mobile companies for potential investment

Friday, August 26, 2016 | More »

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Mumbai-based digital payments facilitator ItzCash is in talks with several mobile application firms for making a strategic investment, said a top company executive. The company, which would turn profitable in FY2016-17, is looking for firms specialising in fintech mobile applications which can be sc...

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Fireside invests in wearable tech startup Witworks

Bangalore-based consumer IoT firm Witworks Consumer Technologies Pvt. Ltd. has raised an undisclosed amount of investment from Fireside Ventures, Investopad, P39 Capital and a syndicated group of angels. The round was led by Kanwaljit Singh (Fireside Ventures), Rohan Malhotra and Arjun Malhotra (Inv...

25 August, 2016 | More »

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Cybersecurity startup TAC Security gets pre-Series A funding

TAC Security Solutions, which provides cybersecurity solutions to corporate clients, has secured an undisclosed amount of funding in a pre-Series A round from Vijay Kedia. Kedia is a stock market investor, managing director of Kedia Securities Pvt. Ltd and director of three-wheeler maker Atul Auto L...

23 August, 2016 | More »

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Turakhia brothers sell ad-tech firm Media.net to Chinese group for $900 mn

A group of Chinese investors has acquired contextual advertising company Media.net, founded by serial entrepreneur Divyank Turakhia in 2010, for $900 million in cash. Dubai- and New York-based Media.net provides products for both publishers and advertisers. It provides contextual ads offered by Yaho...

23 August, 2016 | More »

Gowri Shankar Subramanian, CEO of Aspire Systems is also chief advisor at Ziffity

Ecommerce solutions firm Ziffity raises funding from Aspire Systems

Ziffity Solutions LLC, a Chennai-based digital marketing agency focused on e-commerce, has secured an undisclosed amount of investment from Aspire Systems, a technology services firm, it said in a statement. Ziffity will use the funds for hiring talent, training and development, upgrading its UX lab...

18 August, 2016 | More »

Data analytics

WestBridge, others invest $15.6 mn in data analytics startup Innovaccer

Silicon Valley-based big data startup Innovaccer Inc has raised $15.6 million in a Series A round of funding led by Westbridge Capital Partners, with participation by other angel investors. According to a report by The Economic Times, other angel investors who participated in the round included form...

12 August, 2016 | More »

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Microsoft names Sriram Rajamani as MD of India Research Lab

Microsoft has appointed Sriram Rajamani as managing director of its India Research Lab. Rajamani, who will be based in Bangalore, replaces Chandu Thekkath who headed the unit for two years, the company said in a statement. “Sriram is a renowned computer scientist with a proven research and man...

11 August, 2016 | More »

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Freshdesk hires former WalmartLabs exec STS Prasad as engineering head

Cloud-based customer service software provider Freshdesk Inc. has appointed former WalmartLabs executive STS Prasad as its senior vice president of engineering. Prasad will lead all initiatives related to technology development and oversee infrastructure enhancements to support Freshdesk’s growing...

10 August, 2016 | More »

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Is this the end of the road for GoJavas?

Logistics company GoJavas is possibly staring at a shutdown after losing its two biggest clients following fashion e-tailer Myntra’s acquisition of rival Jabong and online marketplace Snapdeal’s focus on its in-house delivery arm even as a shareholding probe made matters worse. GoJavas, operated...

9 August, 2016 | More »

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Vodafone ex-CEO Arun Sarin, Visa’s Vicky Bindra join Pine Labs’ board

Payments gateway company Pine Labs Pvt. Ltd has appointed former Vodafone Group Plc CEO Arun Sarin and Visa global head of commercial business Vicky Bindra as members of its board. Sarin will join the board in an advisory position, the company said in a statement. Sarin led Vodafone between 2003 and...

8 August, 2016 | More »

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