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Internet

Concept Communication buys majority stake in digital marketing startup Liqvd

Monday, December 22, 2014 | More »

Concept_Group_Liqvd_Asia
Concept Communication Ltd has acquired a majority stake in Liqvd Asia, an experiential digital marketing company, for an undisclosed amount. With this, the two founding members of Liqvd Asia – Arnab Mitra and Zubin Nalawalla – along with their team of 28 will become a part of the Concept Group d...

Jabong

Amid sell-out talks with Amazon, Jabong a step closer to merge into Global Fashion Group

A string of five Rocket Internet-incubated fashion e-com ventures have moved a step closer to integrate into Global Fashion Group (GFG) with the proposed restructuring getting the required approvals from all fiscal and antitrust authorities, as per a disclosure by Sweden’s investment firm Kinn...

22 December, 2014 |More »

techcircle

TC Roundup: Obama calls Sony hack ‘Cybervandalism’ not act of war

Obama calls Sony hack ‘Cybervandalism’ not act of war: President Barack Obama said that the North Korean hacking of Sony Pictures’ computer systems was an act of “cybervandalism,” not an act of war, and confirmed that the U.S. was considering adding North Korea back to the list of state s...

22 December, 2014 |More »

News_Corp_BigDecisions

News Corp. acquires personal finance planning portal BigDecisions.com

New York-headquartered global media giant News Corp. has acquired Mumbai-based FinDirect Services Pvt Ltd, the company behind BigDecisions.com, a personal financial planning portal. The transaction details are not disclosed. Following the acquisition, co-founders Manish Shah and Gaurav Roy will help...

20 December, 2014 |More »

flipkart

Flipkart raises $700M from Steadview, Qatar Investment Authority & existing investors

India’s largest e-commerce player Flipkart has raised $700 million in funding from a host of investors, including UK-based investment management firm Baillie Gifford, US-based VC fund Greenoaks Capital, Steadview Capital, T Rowe Price Associates,​ and Qatar Investment Authority. The round also...

20 December, 2014 |More »

vccircle_amazone

Amazon urges government to allow 49% FDI in B2C e-tailing & amend VAT

E-commerce giant Amazon, which has been under government lens for possible violation of FDI norms, has asked the government to clarify and remove FDI restrictions in ecommerce and allow 49 per cent foreign direct investment (FDI) in e-tailers selling directly to consumers, according to The Economic...

19 December, 2014 |More »

Ola_Uber

Why Olas and Ubers cannot be banned

If you wondered why Uber is still operational in India despite the ban imposed on it by the government, there is a reason for it. On-demand cab service providers like Uber, Ola and TaxiForSure cannot be banned as they don’t operate a fleet of cabs. Such companies only provide a technology plat...

19 December, 2014 |More »

Sourabh Sharma

Paytm expanding to Singapore; ropes in Milaap co-founder Sourabh Sharma to head operations in the region

Paytm, the m-commerce marketplace from the house of Noida-based One97 Communications Pvt Ltd that also offers an online platform for mobile & DTH recharges, has announced plans to expand its operations to Singapore and other Southeast Asian markets. The firm will initially look to offer its mobi...

19 December, 2014 |More »

Primaseller

SaaS-based multi-channel order fulfilment platform Primaseller gets funding from Mumbai Angels

Primaseller, a SaaS-based order fulfilment platform owned & operated by Bangalore-based Omnichanneler Technologies Pvt Ltd, has secured an undisclosed sum in funding from Mumbai Angels. The round was led by Dr Aniruddha Malpani, with participation from Kishore Ganji and others. The capital will ...

19 December, 2014 |More »

eKincare

Excl: BitChemy Ventures backs Hyderabad-based healthcare analytics startup eKincare

Hyderabad-based Aayuv Technologies Pvt Ltd, the company behind eKincare, an online platform that enables users to monitor their critical medical information and view it anywhere anytime, has secured an undisclosed amount in funding from city-based tech incubator-cum-seed fund BitChemy Ventures. eK...

19 December, 2014 |More »

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