PE novices flounder as fund-raising gets tougher
The first-time private equity funds now have opportunities to invest in potential blue-chip companies because of the erosion of value in equities since the past year.
MobileAware announces additional funding
MobileAware, a provider of Mobile Customer and Employee Self Service solutions, announced an undisclosed additional round of funding led by existing investors.
HummingBird raises $4 Mn fund
HummingBird, a service apartment operator, has landed on a funding of dollar four million from Helion, a venture group. The capital will be put to use for its expansion a...
Biggest Investment in 3rd Party KPO in Western India
Greater Pacific Capital (GPC), a London-based strategic investment firm, has announced its $32.5 million investment in Azure Knowledge.
Blake Krikorian joins initial investment round at BitGravity
Blake Krikorian, Sling Media's co-founder and CEO has taken a seat on BitGravity's Board of Directors and joined other investors in BitGravity's initial funding.
Indian retail industry consumer unfriendly
A recent survey by the apparel design and merchandising department of National Institute of Design (NID) shows that Indian retail stores are not considered as consumer fr...
BSNL's Union opposes IPO, rejects Esop offer
The telecom service provider, Bharat Sanchar Nigam (BSNL) is set for the largest IPO in India of $10 billion.
Info Edge keen on investing in startups
Info Edge India, owner of leading portals like naukri.com, shiksha.com and jeevansathi.com is looking at potential acquisition opportunities if valuations correct further...
VCs help spin-offs from large firms gain traction
Online classifieds firm Quikr India, which existed for two-and-a-half years as a two-member team within online marketplace eBay, namely Kijiji India, last month opened it...
'PEs, VCs shifting to non-IT sectors'
Private equity firms and venture capitalists are likely to turn their back against IT sector in the coming five years.