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Excl: Nazara close to investing in two mobile gaming startups

Wednesday, October 1, 2014 | More »

Mumbai-based Nazara Technologies Pvt Ltd, which recently floated a Rs 10 crore seed fund to back ventures in the gaming space, is in the final stages of investing in two startups in Mumbai and Bangalore, a top executive of the firm told Techcircle.in. Nazara expects to announce the deals later this...

With each failure, one moves closer to a successful innovation: Amazon’s Jeff Bezos

Entrepreneurs should not be intimidated by internet, but should lean into the future and get hooked to the digital platform, according to Jeff Bezos, founder and CEO of Amazon.com Inc., the second largest e-commerce company in the world. Bezos, who is on his second trip to India, also said that smal...

1 October, 2014 |More »


Real estate portal PropTiger to foray into secondary market in six months

Real estate portal PropTiger.com plans to foray into the secondary market in the next six to seven months and will henceforth get involved with brokers as well, a top company executive told Techcircle.in. The company, which is in talks with existing as well as new investors to raise $20 million (Rs ...

1 October, 2014 |More »


Myntra launches ‘Designer in Residence’ programme under its fashion incubator, to invest up to $1M in selected brands

Flipkart, the largest consumer focused e-commerce company in India, which also owns fashion e-tailer Myntra.com, has launched a ‘Designer in Residence’ programme under its Myntra Fashion Incubator (MFI) initiative. According to the company, the idea behind setting up the MFI is to mentor young e...

1 October, 2014 |More »


Facebook founder Mark Zuckerberg to visit India later this month

After Sheryl Sandberg, it’s now the turn of Facebook founder Mark Zuckerberg to visit India, the second biggest market for the social networking giant. He will come to India later this month. Zuckerberg, who will also meet Prime Minister Narendra Modi, will be in India to address the first Interne...

1 October, 2014 |More »


eBay bows to investors call, to spin off PayPal as separate listed company

E-commerce giant eBay Inc. bowed down to investors pressure to split into two by spinning out its payments unit PayPal. The company said that its board has approved a plan to spin off PayPal and post separation, the two will operate as independent publicly-traded entities under two new CEOs. While e...

1 October, 2014 |More »


TC Roundup: Windows 10 is Microsoft’s big fat apology for Windows 8

Windows 10 is Microsoft’s big fat apology for Windows 8: With Windows 10, it’s almost as if Microsoft so desperately wanted to distance itself from Windows 8 that it skipped an entire version number. Perhaps that’s being too harsh. Microsoft likely has some legitimate reasons for leaping past ...

1 October, 2014 |More »


CarDekho acquires Naspers-controlled automobile site Gaadi.com

CarDekho.com, an auto portal owned and operated by Jaipur-based multi-vertical consumer internet company Girnar Software Pvt Ltd, has acquired Naspers Group-owned Gaadi.com, another automobile site, for an undisclosed sum. Post acquisition, both the companies will continue to run as separate entit...

30 September, 2014 |More »


Real-time traffic tracker Traffline raises Series B funding from Qualcomm Ventures

Mumbai-based traffic monitoring solutions startup Birds Eye Systems Pvt Ltd, which operates under the brand Traffline, has secured an undisclosed amount in funding from Qualcomm Ventures. The funds will be used for product development, marketing & user acquisition, multi-city expansion and s...

30 September, 2014 |More »

Rupert Murdoch

Rupert Murdoch’s News Corp to buy real estate listing company Move for $950M

News Corp, a publishing company controlled by media honcho Rupert Murdoch, has agreed to acquire California-based Move Inc., the company behind the real estate listing portals Move.com and Realtor.com, for about $950 million in an all-cash deal. While News Corp. will hold 80 per cent stake in Move, ...

30 September, 2014 |More »

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