Jul 28, 2014 | India, News, South & Central Asia
Business Standard July 28, 2014 Following the footsteps of some of its global peers, India’s third largest information technology (IT) services company, Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology...
Jun 11, 2014 | India, News, South & Central Asia
MUMBAI, June 12 (Reuters) – In India’s IT services outsourcing sector, local start-ups, often backed by U.S. venture capital funds, are nipping at the heels of industry heavyweights such as Tata Consultancy Services Ltd (TCS.NS) and Infosys Ltd (INFY.NS)....
Jun 4, 2014 | India, News, North America, South & Central Asia
TechCrunch June 4, 2014 Sequoia Capital has invested $15 million in Series A funding in Indian mobile multiplayer gaming company Octro, which makes digital versions of popular local classics, such as card game Indian Rummy or the bingo-style Tambola. Octro’s...
May 30, 2014 | Central & Eastern Europe, India, News, Russia, South & Central Asia
Economic Times May 26, 2014 NEW DELHI: Days after closing the biggest acquisition deal in the Indian e-commerce space, online marketplace giant Flipkart today said it has raised $210 million in a fresh round of funding, bringing the private equity firm DST Global on...
May 29, 2014 | India, News, North America, South & Central Asia
MUMBAI, May 30 (Reuters) – May 30 (Reuters) – Sequoia Capital, best known for its early-stage investments in companies such as Google Inc , has raised $530 million for its fourth India-focused fund, the U.S. venture capital fund said in a statement on...
May 21, 2014 | India, News, South & Central Asia
(Reuters) – With Amazon.com Inc (AMZN.O) ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalised this week. Flipkart, India’s largest online...
