Chennai, India-based local language speech-based software solutions provider Uniphore Software Systems grabbed an undisclosed amount of funding from angel investors Indian Angel Network, Ray Stata, and YourNest Angel Fund for its international expansion.
Tags: India
Indian payment solutions provider Innoviti nabs INR10 crore in debt funding
Bangalore, India-based payment solutions provider Innoviti nabbed INR10 crore in debt funding from Tata Capital and other investors from London and India to scale up its Middle East operations and beef up its management team.
Ibibo purchases Indian bus-tracking startup YourBus
Gurgaon, India-based e-commerce firm Ibibo Group purchased Bangalore-based online bus tracking and analytics startup YourBus for an undisclosed sum to integrate the latter's tracking function into its travel services.
Indian mobile payment startup Ezetap raising additional capital from American Express
Bangalore, India-based mobile payment startup Ezetap Mobile Solutions is raising an unknown amount of additional capital from credit card giant American Express just a month after it had closed $8 million in its Series B round.
Indian startup GoPeppers.com conquers e-grocery market in Noida
GoPeppers.com, an Indian startup that has been operating for more than a year, is already making waves in the e-grocery market of Noida by achieving 300 daily clients that provide an individual volume of INR1,500.
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San Francisco, US-based digital music service Rdio picked up troubled Chennai, India-based music streaming startup Dhingana for an undisclosed sum as part of its strategy for international expansion.
Indian entrepreneur and angel investor Sashi Reddi is backing Hyderabad-based fast food restaurant chain Hello Curry with INR3 crore from his seed-stage venture fund Sri Capital.
Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.
Arkansas, US-based retail giant Walmart is planning to establish an e-commerce marketplace in India in a bid to compete with online retail giants for a share in India's e-commerce industry.
Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.
Bangalore, India-based social media marketing and analytics firm Salorix Inc closed down its operations after it failed to raise fresh capital due to the founder's feud with investors.
India's Varun Aaron represented the country in a game against Bangladesh last Wednesday at the Khan Shaheb Osman Ali Stadium.
Important lessons can be learned from the failed acquisition deal of India-based social media analytics firm Salorix by Facebook, especially in India where the startup ecosystem is still in its infancy, TechCrunch reported.
Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).
