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Online relocation services provider EZMove raises $165K in angel funding

Friday, August 22, 2014 | More »

Orane Labs Pvt Ltd, which owns and operates online relocation services provider EZMove.in has raised Rs 1 crore ($165,369) in angel funding from a clutch of HNIs spread across the US, Europe and India. The funds will be invested in upgrading the technology and for fuelling the company’s expansion ...


Hyderabad-based Cyient picks up majority stake in data analytics startup Invati Insights

Hyderabad-based IT company Cyient Ltd (formerly Infotech Enterprises) has acquired a 51 per cent stake in data analytics startup Invati Insights. While the financials of the deal remain undisclosed, various reports peg it at around $5 million. As part of the deal, the startup will be renamed ‘Cyie...

22 August, 2014 |More »


LinkedIn’s senior VP of products Deep Nishar leaves the firm

Deep Nishar, senior vice president (product and user experience) at LinkedIn Inc, world’s largest professional network, has left the firm, he said in a blog post. He, however, will act in an advisory capacity to LinkedIn and its CEO Jeff Weiner. “After an amazing six years at LinkedIn with some ...

22 August, 2014 |More »


TC Roundup: IPO-bound Rocket Internet consolidates, Holtzbrink takes 2.5% stake

IPO-bound Rocket Internet consolidates, Holtzbrink takes 2.5%: More shareholder activity over at Rocket Internet, the Berlin-based e-commerce incubator and investor that is widely expected to go public. Holtzbrinck Ventures, a firm that has been a longtime investor in Rocket Internet portfolio compa...

22 August, 2014 |More »

Rehan Yar Khan

‘We will have the easiest term sheets’: Rehan Yar Khan of Orios Venture Partners

Rehan Yar Khan is an active angel investor in India, who has invested in almost 19 companies in his personal capacity that include Druva, OlaCabs, Jigsee (now VuClip), Unbxd, Pretty Secrets, Reach Accountant, Sapience and DocSuggest, among others. Khan has now announced his maiden VC fund Orios Vent...

21 August, 2014 |More »


Excl: Pune-based online financial training provider Profit Shastra in talks to raise angel funding

Pune-based Profit Shastra, a classroom and real-time online financial training provider, is in talks to raise Rs 1 crore (over $164,000) in angel funding, a senior executive of the company informed Techcircle.in. “We are in talks with angel networks as well as individual investors, a few of whom h...

21 August, 2014 |More »


Just Dial gets board approval to raise FII limit to 75%

Mumbai-based Just Dial Ltd, which runs the online business directory Justdial.com, has obtained its board of directors’ approval to increase the limit of foreign institutional investors and foreign portfolio investors in the company to 75 per cent from the current 49 per cent, according to a stock...

21 August, 2014 |More »


What is Modi’s game plan for digital revolution?

The Union Cabinet has approved the ‘Digital India’ programme, which aims to connect all gram panchayats by broadband internet, promote e-governance and transform India into a connected knowledge economy. Under the programme, various projects worth about Rs 1 lakh crore would be undertake...

21 August, 2014 |More »


Bombay Dyeing launching e-com site to target youth; may expand to home furnishing & decor segment

Wadia group’s textile firm Bombay Dyeing is planning to launch a full-fledged cell phone friendly virtual platform, including mobile apps. The launch will happen within two months, as per a Times of India report citing the company’s head of brand communication and marketing, Devleena Sashital. T...

21 August, 2014 |More »


Internet domain services provider GoDaddy acquires e-mail marketing firm Mad Mimi

Global internet domain services provider GoDaddy Inc has acquired New York-based e-mail marketing firm Mad Mimi LLC for an undisclosed amount, according to a report in TechCrunch, citing Steven Aldrich, senior vice president (business applications) of GoDaddy. With this acquisition, GoDaddy aims to ...

21 August, 2014 |More »

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