HCL to buy seven IBM software assets for $1.8 bn in largest Indian IT deal

Anirban Ghoshal

Armonk-headquartered tech giant IBM on Friday said that it was selling off select software businesses to Noida-headquartered ....

7 December, 2018

Exclusive: Gaming startup HalaPlay to raise Series A round, expand product offerings

Kavya Kothiyal

Mumbai-based fantasy sports startup Halaplay Technologies Pvt Ltd is in line to secure $5 million (Rs 40 crore) in a Series A ....

7 December, 2018

India is a hotbed for IoT innovations: ARM’s Chris Porthouse

Anand J

SoftBank-backed ARM Holdings, whose chip architecture powers most smartphones around the world, is reinventing itself as a platform ....

7 December, 2018

Mobile gaming startup Moonfrog's revenue surges, swings to profit in FY18

Vijayakumar Pitchiah

Bengaluru-based mobile phone games developer Moonfrog Labs Pvt. Ltd recorded a three-fold rise in revenue and also registered ....

7 December, 2018

Facebook's Kirthiga Reddy joins SoftBank's Vision Fund as first venture partner

Joseph Rai

Japanese internet conglomerate SoftBank Group Corp. has roped in former Facebook India head Kirthiga Reddy to be a part of its ....

7 December, 2018
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Digital learning startup LearnApp raises seed funding from fintech incubator

Dearton Thomas Hector

LearnApp, a digital learning platform owned by Noida-based PS Market Scientist Pvt. Ltd, has raised Rs 2 crore ($281,000 at current ....

7 December, 2018

WhatsApp officials meet MeitY on traceability of fake news

Payal Ganguly

Executives from instant messaging app WhatsApp met with officials at the Ministry of Electronics and Information Technology (MeitY) ....

7 December, 2018

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

India to lead hybrid cloud adoption in next two years: Nutanix report

Shweta Sharma

India is set to lead the world in hybrid cloud usage and adoption over the next two years, a new global study by enterprise cloud ....

7 December, 2018
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Walmart-owned Flipkart undertakes major management rejig

Binu Paul

Walmart-owned e-commerce major Flipkart is undertaking a top-level rejig across its business verticals even as the company is ....

7 December, 2018

Lenskart accelerates revenue growth to five-year high in FY18

Dearton Thomas Hector

Eyewear etailer Lenskart Solutions Pvt. Ltd grew its revenues 84% to Rs 292.3 crore for the financial year ended 31 March 2018, ....

7 December, 2018

Quikr raises venture debt to grow transactions business

Kavya Kothiyal

Bengaluru-based online classifieds platform Quikr India Pvt. Ltd has raised Rs 55 crore (around $8 million at current exchange ....

7 December, 2018
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Sonata Software to acquire Microsoft Dynamics 365 reseller Scalable

Keshav Sunkara

Sonata Software Ltd on Thursday said it has agreed to acquire Brisbane, Australia-based Scalable Data Systems Pty. Ltd for an ....

6 December, 2018

B2B e-commerce platform ShopKirana raises $2 mn in fresh funding

Binu Paul

Indore-based Shop Kirana E Trading Pvt. Ltd, which runs business-to-business platform ShopKirana, has raised $2 million (Rs 14 ....

6 December, 2018

Why India is the top market for Naspers-owned PayU

Binu Paul

India accounts for more than half of the total payment transactions for Naspers-owned PayU in the last six months, an interim ....

6 December, 2018

Why Mech Mocha’s Arpita Kapoor feels mobile gaming's future is in Tier 2, 3 cities

Vijayakumar Pitchiah

Arpita Kapoor, founder and chief executive of mobile gaming startup Mech Mocha is very clear about the company’s focus -- ....

6 December, 2018

Rubique FY18 revenues up 60%, expenses jump 48%

Kavya Kothiyal

Mumbai based Rubique Technologies India Pvt Ltd, which runs an online marketplace for financial products, grew its operating revenues ....

6 December, 2018

For Uber, 11% of global rides come from India: Report

Dearton Thomas Hector

Uber’s India and South Asia head Pradeep Parameswaran said in an internal email to company executives that 11% of the cab-hailing ....

6 December, 2018

Microsoft picks Chromium for new browser to replace Edge: Reports

Shweta Sharma

Redmond based software giant Microsoft is working on a new browser that will be based on Chromium in a bid to compete with Google’s ....

6 December, 2018

Coverfox lost nearly Rs 3 for every rupee earned in FY18

Vijayakumar Pitchiah

Mumbai-based Coverfox Insurance Broking Pvt. Ltd, which runs an eponymous online insurance brokerage, saw its losses widen as ....

6 December, 2018

RBI to install grievance redressal scheme for digital financial transactions

Payal Ganguly

The Reserve Bank of India (RBI) has said it will install an ombudsman scheme for digital financial transactions by January 2019. ....

6 December, 2018