Can Rural Entrepreneurship give a Face-Lift to Developing India?
Bangalore: At the beginning of 20th century Mahatma Gandhi said, "The soul of India lives in its villages," we are in the next century now still th...
Monday, 09 May 2011, 05:01 Hrs
Ashok Soota's 'Happiest Mind Technologies'
Bangalore: Ashok Soota, former Chairman of MindTree, has announced that he is setting up an IT services venture, 'Happiest Minds Technologies'. So...
Friday, 06 May 2011, 13:19 Hrs
GroupMe acquires Sensobi
Bangalore: GroupMe, a New York based company has acquired Sensobi, a small application developer. GroupMe's wireless applications help people creat...
Friday, 06 May 2011, 11:02 Hrs
Jindal Power delays plan of raising Rs.7,200 Crore IPO
New Delhi: Due to the rise in cost of capital and raw materials, Jindal Power has delayed its plan to raise Rs.7,200 through Initial Public Offer (...
Friday, 06 May 2011, 08:20 Hrs
Core Projects may raise $100 Million through PE Funding
Mumbai: To fund its expansion plans, Core Projects may raise $100 million through PE funding in next two-three months. Plans are to invest Rs.420 crore to open 30 schools, including some offering the international baccalaureate curriculum. Founded in 2003, the company is listed on the BSE and NSE and rated The Fasted Growing IT Company in the...
Matrix Partners India raises second fund of $300 Million
Bangalore: Matrix Partners India raised $300 million in the second round of funding. With the close of this fund the management has $600 million under two funds to make early and growth stage investments of $30 million in companies focused on the Indian domestic market in the internet/mobile, education, financial services, healthcare and infrast...
Agile Financial Technologies raises $5.7 million from IDG Ventures
Bangalore: In its Series A round of institutional financing, Agile Financial Technologies, a BFSI software products company, has successfully raise...
IFCI funds Rs.250 crore to Gayatri Energy Venture
Hyderabad: Gayatri Energy Ventures owned by Gayatri Projects, raises Rs.250 crore from IFCI (Industrial Finance Corporation of India) through issue...
