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

Shweta Sharma & Payal Ganguly & Vijayakumar Pitchiah

The Indian government’s latest attempt to address the contentious issue of angel tax has been met with mixed reactions from ....

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

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

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
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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

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

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
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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

Byju’s buys AR-based learning platform Osmo for $120 mn

Vijayakumar Pitchiah

Weeks after securing more than half-a-billion dollars in fresh capital, ed-tech unicorn Byju’s has acquired US-based ....

16 January, 2019
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Online insurance platform Turtlemint pockets $25 mn in fresh funding

Vijayakumar Pitchiah

Online insurance platform Turtlemint has raised $25 million (Rs 178 crore at current exchange rates) in a fresh funding round ....

16 January, 2019

Microsoft venture arm bets on health-tech startup Innovaccer in debut India deal

Shweta Sharma

Microsoft’s corporate venture fund, M12, has backed health-tech startup Innovaccer in its first India investment. The ....

16 January, 2019

Aeris partners with US-based Roambee for IoT-based asset monitoring

Anirban Ghoshal

Aeris, which offers Internet of things-based services, on Tuesday said that it has partnered with Santa Clara-based supply chain ....

16 January, 2019

SoftBank Vision Fund to invest in logistics firm Delhivery

Vijayakumar Pitchiah

Masayoshi Son-owned technology conglomerate SoftBank has sought the approval from the Competition Commission of India for a proposed ....

16 January, 2019

Microsoft to end support for Windows 7 in 2020, users may be forced to upgrade

Anirban Ghoshal

If you are a Windows 7 user, Satya Nadella-led software-maker Microsoft just gave you a deadline of a year. In a blog post, ....

16 January, 2019

Oil giants join Reliance-backed blockchain platform Vakt

Reuters

Oil majors Chevron and Total, along with major Indian refiner Reliance Industries, have joined the blockchain-based platform ....

16 January, 2019

HCL Tech loses long-serving senior executive

Shweta Sharma

Arun Pai, corporate vice president and long-serving executive at HCL Technologies, has quit the Noida-based software services ....

16 January, 2019

Flipkart and Amazon request deadline extension to comply with FDI policy

Dearton Thomas Hector

US-based e-tailer Amazon’s India arm and US retailer Walmart-owned e-commerce major Flipkart have reportedly asked the Indian ....

16 January, 2019

Indian founders-led cloud firm Rubrik raises $261 mn, valuation soars

Vijayakumar Pitchiah

Cloud data management firm Rubrik, which is led by Indian-origin founders and headquartered in Silicon Valley, has raised $261 ....

16 January, 2019