Archives
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COMPUTERS 
April 13, 2016 C-DAC Plans Rs. 350-Crore Investment in Indian Language Computing
The Centre for Development of Advanced Computing (C-DAC) plans to invest Rs. 350 crores to develop technologies for computing in Indian languages. C-DAC Director General Rajat Moona said the thrust this year will be on bringing internet to the common man and implementation of the National Supercomputing Mission (NSM). While one can already register domain […]
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ALL DEALS 
March 26, 2016 Tendulkar makes his first tech start-up investment
ALSO READ Tendulkar bats for Oxigen walletGlobal mobile subscriptions growing around 5 per cent y-o-yGovt to launch Rs 10,000-cr fund for domestic electronic firmsInvestment in an Indian start-up every 8 hoursZebpay raises nearly $1 mn in series ‘A’ funding Cricket legend Sachin Tendulkar made his first investment in a technology start-up, a firm that makes […]
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NEWS 
March 11, 2016 CarTrade raises Rs950 crore investment from Temasek and others
The company that was founded in 2009 by Vinay Sanghi is looking to use the funds to expand its offerings for users and dealers. Mumbai: Online auto classifieds company MXC solutions Pvt. Ltd that operates as Cartrade.com Wednesday said it has raised Rs.950 crore in a funding round led by Singapore-based investment firm Temasek and […]
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ALL DEALS 
March 9, 2016 Start-up investment in India to get capital gains tax exemption
File photo. Announcing the start-up action plan at the concluding session of the Startup India event, prime minister Narendra Modi said Indian youth need to be encouraged to be job creators rather than job seekers. Photo: Reuters New Delhi: In an effort to give a fillip to the start-up ecosystem in the country, the government […]
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ALL DEALS 
March 9, 2016 Uber could double India investment if returns are good: Travis Kalanick
A file photo of Uber co-founder and CEO Travis Kalanick. Photo: AFP Mumbai: Uber could double its current committed investment of $1 billion in India if it sees more than five times the return, its co-founder and chief executive Travis Kalanick said on Tuesday. “If we see five times the return on our spending, we […]
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ALL DEALS 
March 8, 2016 Norwest to step up India investment
Norwest’s India portfolio currently includes internet companies like travel portal Yatra, Quikr, Pepperfry and food delivery startup Swiggy. Mumbai: Norwest Venture Partners, one of the largest venture capital firms globally which has invested $700 million (about Rs.4,730 crore) in the country so far, will step up startup investments here in 2016. “In the past 15 […]
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ALL DEALS 
March 3, 2016 Start-ups, venture capital backers turn to investment banks for deals
Investors pumped in more than $9 billion into start-ups over the past two years. Photo: Priyanka Parashar/Mint Bengaluru/New Delhi: Weak business models and a funding slowdown are forcing many Indian consumer Internet start-ups and their venture capital (VC) backers to seek help from investment bankers in order to secure fresh funds from new investors or […]
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