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Africa Is A Great Market Feels Bharti Airtel, Ups Investment By A Massive 586%
Despite facing a looming threat to ban new subscribers, Bharti Airtel, world’s fifth largest Mobile service operator has upped its investment by about US$ 491 Mn in Africa. By the end of September it...
Just Dial Files For An IPO To Fund Expansion Plans
Mumbai’s Just Dial plans to go down the IPO path and has filed documents with SEBI. It seeks to raise Rs 360 crore through sale of fresh shares and some more via sale of shares by private equity (PE)...
Bharti Airtel Buys The African Story: Invests $600 million In Nigeria
On Wednesday Bharti Airtel announced that it will invest $600 million in Nigeria over a time span of 3 years with the first set of $300 million being invested over the next year. The company further emphasized...
Taggle Receives $ 8.75 Million From Greylock And Battery Ventures
Taggle Internet Ventures Pvt. Ltd which will recently launch an online group buying platform, taggle.com, adding to the list of the string of such platforms being launched on the web, has recently managed...
Seek Funding Online – Angel Funding Platforms On The Rise
The Indian startup scene has been plagued with one particular problem since the last 5 years. This problem has been the lack of Angel funding or small money. While there are several Venture Capital firms...
Indyarocks Gets Strategic Investment From ValueFirst
Valuefirst seems to be on an acquisition and investment spree. Its first target was social media product Tagg.in earlier this year which it acquired. Now it has gone ahead and made a strategic investment...
Rediff Takes Minority Stake In Imere – A Location Based Startup
Over the last year or so Rediff has been in the news for investing in several mobile centric startups. We have covered their investment in Tachyon Tech, Eterno Infotech and Vakow as well.
So this is apparently...
Funding Update: Intel Capital Pours In 23 Million $ In 3 Startups
Yes there is a melt down, yes its a challenging time, but if you have a great product or a service and a strong business model there is nothing that will stop a VC from investing in your company. Intel...
Funding Updates : Ojas Invests In TeliBrahma, Helion Ventures Invests in9.9 Mediaworx
Ojas Ventures, along with Inventus Capital has announced a funding of $2 million for TeliBrahma. TeliBrahma provides Bluetooth advertising solutions for mobile devices.
Joining the board of TeliBrahma...
Funding Update: MIH, investment arm of Naspers, has invested $10 million in BuzzCity
BuzzCity, which is a Singapore based mobile content and services company, and owns myGamma, a mobile social network, received $10 million from MIH. MIH is an investment arm of the South African media conglomerate...
Google China Starts Free Music Search Site, Invests in Top100
Google, the search engine giant, has just launched a music search site in China in partnership with Top100.cn, a leading music website in China co-founded by the basketball star Yao Ming. The...
Panasonic Plans to Set Up New Units in India, to Invest over 850 Crore
Panasonic, one of the market leaders in LCDs and other electronic devices, has today announced that it plans to set up new units in India, modernize its facilities and effectively try brand positioning...
Tencent Holdings To Buy Out 50% In MIH India (Ibibo Web Pvt Ltd) For 7.5 Million $
This is just in: According this news piece Tencent Holdings Ltd a hongkong listed firm said it has secured an option to acquire up to 50 pct of MIH India Global Internet Ltd. They will be doing so by investing...
Venture Hacks Launches Recommended – Entrepreneur Recommendation Feature
Venture Hacks, a blog on entrepreneurship has launched what it calls the Recommended feature. Well as the name goes, the service helps the new entrepreneurs seek recommendations from people that ether...
Funding Updates!
A lot of mergers and acquisitions have been happening in the ICT space. Newer companies have been raising investments to fund their operations and expansions. Below are some of the investments done by...
Google and Government sold on Seed Funding
Google has recently acquired 30% stake in the seed-stage fund Ventureast TeNet Fund II. The fund is run by the Tenet group of IIT-Madras and Ventureast...

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