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

Vijayakumar Pitchiah & Payal Ganguly & Shweta Sharma

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

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
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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
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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

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