India team to start work on high-growth areas such as cloud: Rubrik’s Bipul Sinha

Anand J

This week, cloud data management firm Rubrik raised $261 million (Rs 1,853 crore) in a Series E round of funding from new and ....

18 January, 2019

Paytm-backed Loginext looks to buy field-force digitisation platform FieldEZ

Payal Ganguly

Paytm-backed logistics management software provider Loginext Solutions Pvt. Ltd is in advanced talks to acquire India- and US-based ....

18 January, 2019

Online lending platform Loantap bags $8 mn in fresh capital

Vijayakumar Pitchiah

Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried ....

18 January, 2019

Bus aggregator Shuttl gets more venture debt from Trifecta Capital

Payal Ganguly

Bus aggregator Shuttl has raised $1.3 million (around Rs 9.2 crore at current exchange rates) in venture debt from Trifecta Capital, ....

18 January, 2019

CCI approves Amazon’s joint acquisition of food retail chain More

Vijayakumar Pitchiah

The country’s anti-monopoly watchdog has approved private equity firm Samara Capital and e-commerce giant Amazon’s ....

18 January, 2019
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India B2B digital solutions market to reach $29 bn by 2023: Report

Shweta Sharma

The Indian business-to-business (B2B) digital services market is expected to grow from $5.6 billion (Rs 39,864 crore) now to $29 ....

18 January, 2019

Govt wants drone makers to install safety hardware to avoid accidents: Report

Anand J

The Union civil aviation ministry has asked drone manufacturers to install safety hardware such as chips to avoid aerial accidents ....

18 January, 2019

Pay-iT Conclave 2018: The new payments architecture needs new thinking

Sumedha Bose

A wave of payment and fintech companies has been witnessed in the last decade, piggy backing on demonetisation. This has led to ....

21 November, 2018

Ed-tech startup IndigoLearn raises follow-on angel funding

Shweta Sharma

Hyderabad-based ed-tech startup IndigoLearn said it has raised $135,000 (Rs 96 lakh at current exchange rate) in a follow-on round ....

18 January, 2019
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Google to buy Fossil's smartwatch tech for $40 mn

Reuters

Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development ....

18 January, 2019

Startup founders, investors spot devils in the details of new angel tax norms

Vijayakumar Pitchiah & Payal Ganguly & Shweta Sharma

On Wednesday, the commerce and industry ministry issued a notification that sought to address the contentious ‘angel tax’ ....

17 January, 2019

Digital lending marketplace ZestMoney secures venture debt

Shweta Sharma

Bengaluru-based shopping loan marketplace ZestMoney said it has raised funding from venture debt firm Alteria Capital. The ....

18 January, 2019
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Facebook sets up India board in a first for any region

Payal Ganguly

In a first for any region, Facebook has set up a six-member India-specific board, to be headed by Ajit Mohan, who was appointed ....

17 January, 2019

Mobile recharge firm Komparify buys iReff; Dailyhunt tops up Series E round

Dearton Thomas Hector

Komparify, a mobile recharge platform, has acquired iReff, a mobile plans app, for an undisclosed sum in an all-cash deal, the ....

17 January, 2019

IAMAI releases code of conduct for OTT players

Payal Ganguly

A day after media reports said that the Internet and Mobile Association of India (IAMAI) has drafted a self-regulation code for ....

17 January, 2019

Larsen & Toubro Infotech buys CRM firm Ruletronics

Joseph Rai

Listed IT services firm Larsen & Toubro Infotech Ltd (LTI) on Thursday announced that it will acquire Ruletronics Systems, ....

17 January, 2019

Amazon seeks out brands like Zomato and ixigo to build Alexa skills

Anirban Ghoshal

Jeff Bezos-led e-commerce portal Amazon, which also develops and markets products around its digital assistant Alexa, is looking ....

17 January, 2019

SaaS startup ITILITE pockets Series A cheque

Shweta Sharma

Bengaluru-based ITILITE Technologies Pvt. Ltd, which provides a software-as-a-service platform to companies for managing their ....

17 January, 2019

Falling costs will drive more enterprises to adopt AI: Microsoft’s Maheshwari

Anand J

As the cost of artificial intelligence comes down faster, more than 85% of enterprises are expected to use the technology for ....

17 January, 2019

India's e-commerce curbs could hit online sales by $46 bn: PwC

Reuters

India’s new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon.com Inc and ....

17 January, 2019

Govt eases rules for startups to get exemption from angel tax

Payal Ganguly

The government has made it easier for startups to get exemptions from tax on angel investments but again stopped short of eliminating ....

17 January, 2019