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Komli Media acquires Singapore-based Aktiv Digital
Digital advertising network Komli Media has acquired Singapore-based Aktiv Digital, making it Komli Media's third acquisition within a span of on…
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Rajasthan Ventures Acquires 30% Stake in Shree Eduserve
Jaipur-based Rajasthan Ventures Capital Fund (RVCF) has acquired 30 per cent stake in its first round of funding in Shree Eduserve Pvt Ltd, an ea…
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2i Capital, Others put their Stake in QAI India up for Sale
Financial investors will need to write off at least a part of the value of the investment or exit at a loss. 2i Capital and other financial inves…
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Persistent Systems to acquire French Unit of Agilent Technologies
The IT firm has recently acquired Nagpur-based Infospectrum India for an undisclosed amount. Pune-based Persistent Systems Ltd. has signed an agr…
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Rajasthan Venture Capital acquires 32% Stake in E-tendering Firm
Rajasthan Ventures Capital Fund (RVCF) has acquired 32-per cent stake in its first round of funding in Mumbai-based NexTenders (India) Pvt. Ltd.…
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National Instruments acquires Phase Matrix
National Instruments has announced its acquisition of Phase Matrix, Inc. (PMI). The acquisition brings key RF talent, technologies and manufactur…
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MCD to Bring 71 Services Online by July 2011
The Municipal Corporation of Delhi (MCD) will post its parking details online under the e-governance scheme, so people can view parking lots at t…
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World Bank Approves $ 150 Million Loan for NeGP
India has inked a loan agreement with World Bank for 150 million dollars for the 'e-Delivery of Public Services Development Policy Loan' under th…
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Sequoia Capital and IDG Ventures invest $10 million in Sourcebits
Sequoia Capital and IDG Ventures India have announced an investment of $5 million each in Sourcebits. Sourcebits is the leading third-party devel…
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projectiondesign acquires US Distributor
Norway's projectiondesign has announced that they have successfully concluded negotiations on acquiring long-standing partner and distributor pro…
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Indian Tech Start-Ups May Raise Seed Funding From Citrix Systems
Citrix Systems has come up with an opportunity for Indian entrepreneurs to compete for up to Rs. 1.75 crore from the Citrix Startup Accelerator.…
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EXL to acquire Outsource Partners International
ExlService Holdings has signed a definitive agreement to acquire Outsource Partners International (“OPI”). With this acquisition, EXL…
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OnMobile Sells 9.16% Stake In Ver Se
Bangalore-based VAS company OnMobile has recorded a year-on-year net profit of Rs 89.2 crore on revenues of Rs 537.2 crore for the fiscal year 20…
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BMC Software acquires Coradiant
BMC Software has acquired Coradiant. This acquisition is expected to enhance BMC's ability to offer businesses a 360-degree view of service perfo…
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Sloka Telecom receives funding from KITVEN
Sloka Telecom has received venture funding from Karnataka Information Technology Venture Capital Fund (KITVEN). The latest round of funding for t…
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Goldman Sachs Group is making its worst showing in the US
While deal rankings can move around dramatically each quarter, it is still embarrassing for Wall Street's premier bank to have fallen inthe pecki…
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Google Top Brass offload shares worth $1B
Key Google executives have sold more than a billion dollars worth of shares in 2011. And it has been only twenty days since the new year has begu…
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