Online luxury publication, BornRich.com, has been acquired by the Canadian-based internet firm Valnet Inc. The online magazine, featuring lifestyle content, has a global reach of over 2.5 million readers with…
Wipro has made a $5-million investment for a minority stake in Axeda, a provider of cloud-based service and software for managing connected products and delivering machine-to-machine (M2M) applications. Wipro has…
Bangalore-based ZoomCar India Pvt Ltd, which operates the membership-based car rental service ZoomCar.in, has raised $30,000 in angel funding from the former US treasury secretary Larry Summers in the form…
Publicly listed Software services and solutions provider Star Infotech has bought a stake in Activecubes Solutions India. Started in 2007, Bangalore-based Activecubes provides business intelligence and analytics services to clients…
Network18’s online news portal FirstPost.com has acquired FakingNews.com, a satire portal, for an undisclosed amount. FakingNews.com will remain as a standalone entity and founder Rahul Roushan will remain its editor.…
Online group buying service Snapdeal.com has acquired the assets of Shopo.in, a portal for Indian designer and handcrafted products. Shopo’s investors included Sequoia Capital and Sashi Reddi, among other angels.…
Bangalore-headquartered cancer care specialist HealthCare Global (HCG) has bought a majority stake in the Dr Kamini A Rao-founded Bangalore Assisted Conception Centre (BACC). BACC currently has had four centres in…
Delhi-based Earth Education Valley Private Limited which runs online training and certification service Edukart, has raised $500,000 in seed funding from Kima Ventures, AKM Systems, One97 and angel investors. Edukart,…
Online home furnishing portal Bedbathmore.com, promoted by Encompass Design India Pvt Ltd, has raised Series A funding from Blume Ventures. Bedbathmore provides home furnishing products across various categories such as…
Publicly listed Cigniti Technologies Ltd has acquired fellow Hyderabad-based, software testing services focused Gallops Solutions. The deal includes the acquisition of Gallop Solutions Private Limited and its US unit Gallop…