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Posts Tagged ‘ Microsoft ’

Exclusive: Tiger Global may be part-exiting Flipkart with 3x return

Tuesday, March 21, 2017 | More »

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Tiger Global, the biggest investor in Flipkart, may have struck a deal with Microsoft and other new investors to sell a part of its stake in the e-commerce company in the latest fund-raising round that valued it at $9.3 billion pre-money, a person familiar with the conversations told VCCircle. While...

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Flipkart raises $1 bn in down round: Report

Flipkart Pvt Ltd, the Singapore-based holding company of India’s largest e-commerce marketplace, has reportedly raised $1 billion in a massive fundraising round. The funds were secured at a down round that valued the company at $10 billion, the report added citing the same people. Flipkart had a p...

20 March, 2017 | More »

Latif Nathani

Exclusive: Former India head Latif Nathani quits eBay

Latif Nathani, who was heading eBay’s India business up until recently, has resigned from the company. Nathani served as the managing director and vice president of eBay India since May 2013 until last month when he moved back to the US. Nathani decided to move to the US for personal reasons, a pe...

17 March, 2017 | More »

Flipkart

Flipkart may raise $1.5 bn from Tencent and eBay

Homegrown e-commerce major Flipkart is in talks to raise $1.5 billion (Rs 10,000 crore) from Chinese Internet giant Tencent and US-based online selling platform eBay, a report in a financial daily stated citing three people aware of the development. The transaction may see Flipkart merge or acquire ...

16 March, 2017 | More »

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What’s inside Aadhaar-linked Skype Lite?

Skype Lite, the 13MB video-calling app that works flawlessly even on a slow network, could well be the answer to the woes of scores of mobile users struggling with call drops and barely-workable data speeds in India. A lighter version of Skype, the video conferencing service from Microsoft, sits lig...

23 February, 2017 | More »

Ramkumar Narayanan

Exclusive: eBay India’s head of product development Ramkumar Narayanan quits

Ramkumar Narayanan, general manager and global head of monetisation products at eBay Marketplaces in India, has resigned from the firm. He was primarily responsible for generating revenues for eBay. Narayanan has confirmed the development to Techcircle. Previously, he was the vice president of globa...

22 February, 2017 | More »

Dheeraj-Pandey

We went through near-death experience many times, says Nutanix founder

Though Dheeraj Pandey is fairly well known and connected among the who’s who of the tech industry, he hit headlines in his home country only late last year. Cloud computing firm Nutanix, which Pandey co-founded seven years ago in Silicon Valley, exceeded market expectations during its Nasdaq d...

21 February, 2017 | More »

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Microsoft’s India cloud plans get booster shot as Flipkart signs up

Global technology leader Microsoft and India’s top e-commerce firm Flipkart have announced a broad collaboration under which, as a first step, the latter will use Microsoft Azure as its exclusive public cloud platform. Microsoft CEO Satya Nadella and Flipkart group CEO Binny Bansal together an...

20 February, 2017 | More »

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Google ends Apple’s 5-year reign as world’s most valuable brand

Google has dethroned Apple to become the world’s most valuable brand, ending the iPhone maker’s five-year reign at the top. According to Brand Finance’s Global 500 2017 report, Google’s brand value surged as much as 24 percent last year to $109.4 billion. Cupertino-based Apple...

3 February, 2017 | More »

Ola

Exclusive: Ola in the midst of top level churn

Homegrown cab-hailing operator Ola is likely to witness two top-level exits soon. According to multiple people aware of the development, Ola’s chief marketing officer (CMO) Raghuvesh Sarup and chief financial officer (CFO) Rajiv Bansal may leave the company. When Techcircle reached out to Ola ...

1 February, 2017 | More »

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