Economic Times The Enforcement Directorate will look into the alleged violation of FDI regulations by e-commerce company Flipkart Online Services and cash & carry retail chain Bharti Walmart. The RBI…
Economic Times Bangalore-based engineering services firm QuEST Global has set up a 74:26 joint venture with Swedish defence and security company Saab to set up an aero-structure assembly venture. The…
StartupCentral Mountain View, California-based Y Combinator, one of the world’s most successful start-up accelerators, has announced that as part of its ongoing venture capital program, it will now invest $80,000…
Times of India Times Internet has acquired MensXP.com, a lifestyle portal for men with channels including fashion, technology, health and entertainment. It was founded three years ago by entrepreneur Angad…
The Hatch for Startups is incubating Poster Gully, an online store for posters, art prints, key-chains, stickers, badges, sweatshirts and other merchandise of popular bands, brands, schools & colleges. Aseem…
NextBigWHat Bangalore based OneBreath, a medical devices company, founded by A Vijay Simha, is to raise $3 million from a consortium of investors led by eBay founder Pierre Omidyar’s philanthropic…
Economic Times Bangalore-based AdNear, which offers a location-based mobile advertising platform, has raised Rs.35 crore in a first round of funding from VC firms Canaan Partners and Sequoia Capital India.…
Press Release Publicly listed Tata Elxsi has launched Incub@TE, an incubation center program to support entrepreneurs. The initiative is designed to create the next wave of product and service oriented…
Press Release Nasdaq-listed MakeMyTrip Ltd. has acquired a majority equity interest in Thailand-based ITC Group for $3.2 million. The ITC Group comprises of International Tour Center Co. Ltd., ITC Bangkok…
Economic Times Amit and Arihant Patni, the sons of Patni Computer co-founder Gajendra Patni, have bought a 43.17% stake in Grameen Capital India (GCI) from former investor IFMR Trust. The…