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Tiger Global part-exits Just Dial with 20x

Monday, March 30, 2015 | More »

Tiger Global has part-exited its eight-year-old investment in Mumbai-based Just Dial Ltd, which runs the online business directory Justdial.com, by selling just over a quarter of its stake in the company on Monday for Rs 300.5 crore ($48 million). It sold 3.4 per cent of its 13.22 per cent stake thr...


LimeRoad raises $30M in Series C round from Tiger Global, Matrix and Lightspeed

Gurgaon-based A.M. Marketplaces Pvt Ltd, which runs social commerce platform LimeRoad.com, has raised $30 million (Rs 188 crore) in Series C round of funding from existing investors led by Tiger Global, the company said on Monday. Matrix Partners and Lightspeed Venture Partners also participated i...

30 March, 2015 |More »


India’s oldest national political party Congress seeks to woo young voters with app-based membership

India’s oldest political party Indian National Congress (INC) has launched an online application-based membership drive to expand the party’s member base, especially the youngsters. Now any Indian citizen can apply for a membership by downloading its mobile app, through its website or vi...

30 March, 2015 |More »


Online home décor marketplace Livspace buys community linking designers DezignUp

Bangalore-based Home Interior Designs E-commerce Pvt Ltd, the startup behind Livspace, an online marketplace for personalised home interior design and décor, has acquired DezignUp, a marketplace of design professionals, as per a company statement. As part of the deal, co-founders of DezignUp and it...

30 March, 2015 |More »


Govt announces open source software policy

The government has announced a policy for adopting open source software (OSS), making it mandatory that such software is considered along with proprietary products, as it looks to bring in transparency and lower total cost of ownership of projects. The policy shall be applicable to Central governmen...

30 March, 2015 |More »


TC Roundup: Publishers and adblockers are in a battle for online advertising

Publishers and adblockers are in a battle for online advertising: Electronic warfare has broken out between internet users and the $120bn online advertising industry. On one side are the ad blockers. More than 140m people, or 5 per cent of the world’s online population, are estimated to use softw...

30 March, 2015 |More »


News Corp completes acquisition of VCCircle

We are pleased to announce that News Corp has completed its acquisition of the VCCircle Network. We are proud to be the newest business in this great digital and global company. The stage is now set for us to speed up our plans for growth, building on a strong foundation created by proprietary da...

28 March, 2015 |More »


IAN angel investors score 18x returns in under 2-yrs in Stayzilla’s latest funding

Few angel investors have exited from Chennai-based Inasra Technologies Pvt Ltd, the startup behind budget hotel booking site Stayzilla.com, generating 18-fold returns in just under two years, marking a big thumbs up for early stage investments in the country. The company raised $15 million in its S...

27 March, 2015 |More »


Assisted e-com startup IPay Tech claims to be shipping over 15K products a month

Hyderabad-based IPay Tech India Pvt Ltd, which allows non-internet users shop online through an assisted purchase model largely targeting the hinterland, claims to be doing 15,000 transactions a day across its two verticals, digital and physical commerce, founder of the company told Techcircle.in. W...

27 March, 2015 |More »


Power bank provider Chargein raises $100K from Pittie Group’s family office

Mumbai-based power bank provider Chargein has raised $100,000 (about Rs 62 lakh) from a family office of Pittie Group, a top executive of the company told Techcircle.in. As part of the deal, Aditya Pittie, CEO, Pittie Group, will join the board of the company. The firm will use the funds for researc...

27 March, 2015 |More »

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