Exclusive: Swiggy close to securing $900 mn in fresh funding round led by Naspers

Snigdha Sengupta & Kavya Kothiyal

Online food delivery startup Swiggy is close to finalising a term sheet to raise up to $900 million (about Rs 6,625 crore at current ....

18 October, 2018

BigBasket acquires RainCan to boost subscription delivery service

Binu Paul

Online grocer BigBasket, run by SuperMarket Grocery Supplies Pvt. Ltd, has acquired subscription-based e-grocery startup RainCan ....

18 October, 2018

Emerging tech helps companies but also enables criminals: McAfee’s Ian Yip

Anirban Ghoshal

Enterprises are increasingly becoming aware of the need to protect against rising cybersecurity risks. In April this year, cybersecurity ....

18 October, 2018

Fujitsu and NetApp develop data centre optimisation solution for SAP clients

Anand J

Fujitsu and NetApp have developed NFLEX Converged Infrastructure solution, which optimises the data centre for customers using ....

18 October, 2018

Improved 4G connectivity, Digital India to give birth to professional audio-visual revolution

Eleuterio Fernandes

India is emerging as one of the stars in the growing Asian market for professional audio-visual (proAV). It accounts for an eighth ....

18 October, 2018
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With Aadhaar-based eKYC off the table, firms are finding workarounds

Payal Ganguly

Indian companies are exploring workarounds to meet Know-Your-Customer norms electronically in the wake of last month’s Supreme ....

18 October, 2018

Enterprise, cloud software to lead global IT spending in 2019: Gartner

Anirban Ghoshal

Worldwide expenditure on information technology is projected to grow 3.2% in 2019, led by enterprise and cloud software, market ....

18 October, 2018

Paytm Money appoints CDSL veteran Cyrus Khambata as director

Vijayakumar Pitchiah

Paytm Money Limited, the wealth management arm of digital payments firm Paytm, has appointed Cyrus Khambata, the former executive ....

18 October, 2018

US public funds join push to remove Mark Zuckerberg as Facebook chairman

Reuters

Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg ....

18 October, 2018
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Asia-Pacific faces shortage of 2.14 million cybersecurity professionals: (ISC)² study

Anirban Ghoshal

The Asia-Pacific region, which includes developing economies like India, is facing a severe shortage of cybersecurity professionals, ....

18 October, 2018

IBM, SAP lead cloud-based enterprise AI platform market: GlobalData

Anirban Ghoshal

Tech giant IBM Corp and business-software maker SAP AG lead the cloud-based enterprise artificial intelligence (AI) platforms ....

18 October, 2018

Reliance picks up 12.7% stake in US pod car developer SkyTran

Team TC

Reliance Industrial Investments and Holdings Ltd, a wholly owned subsidiary of Reliance Industries Ltd, has acquired a 12.7% stake ....

17 October, 2018

Sateesh Andra on what Endiya Partners has in common with PV Sindhu's coach

Snigdha Sengupta

Early-stage investment firm Endiya Partners is nearly two years into its $26 million debut fund and has built a portfolio of a ....

17 October, 2018
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Standard Chartered ties up with Huawei to develop IoT solutions

Shweta Sharma

Financial services firm Standard Chartered and Chinese smartphone maker Huawei have partnered to develop an Internet of Things ....

17 October, 2018

InMobi buys US telecom operator Sprint’s mobile advertising unit

Reuters

Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for marketers, ....

17 October, 2018

Meet the six women-led energy startups from POWERED Accelerator’s first cohort

Shweta Sharma

POWERED Accelerator, an entrepreneurship programme focused on women-led businesses in the energy space, has shortlisted six startups ....

17 October, 2018

Cloud systems platform VMware to invest $2 bn in India over five years

Anirban Ghoshal

Cloud systems platform VMware Inc. on Wednesday said it is planning to invest $2 billion (Rs 14,713 crore) in India over the next ....

17 October, 2018

Myntra’s marketing and strategy heads to quit by year-end

Binu Paul

Gunjan Soni, the chief marketing officer and head of Jabong at Flipkart-owned online fashion retailer Myntra, and Ananya Tripathi, ....

17 October, 2018

Lendingkart hires former Via.com executive as chief business officer

Kavya Kothiyal

Lendingkart Group, which operates a fintech startup and a non-banking financial company, has appointed a former executive of travel ....

17 October, 2018

VMware partners with Airtel, others for initiative to keep women in the workforce

Anirban Ghoshal

US-headquartered VMware, which provides services for managing cloud systems, is spearheading an initiative to encourage Indian ....

17 October, 2018

Fewer Indians falling prey to tech support scams in 2018: Microsoft survey

Shweta Sharma

A study by technology firm Microsoft revealed that 68% of the people surveyed in India this year experienced tech support scams ....

17 October, 2018

Holiday marketplace TravelTriangle raises $3 mn in venture debt

Dearton Thomas Hector

TravelTriangle, an online marketplace for holiday packages, said on Wednesday that it has raised $3 million (around Rs 22 crore ....

17 October, 2018