Microsoft gains after acquiring LinkedIn
Microsoft, one of the world’s largest technology firm, reported a 3.6% rise in profits to $5.2 billion in Q2, while
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Airbnb expects to turn profitable in 2017; Uber on the other hand is losing billions
Airbnb, world’s largest home and apartment-rental company, expects to turn operationally profitable (i.e. before EBITDA) in 2017. The company’s revenues
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Softbank considers buying minority stake in WeWork
Softbank, one of the prominent multinational firm of Japan, is considering to invest ~$1 billion in the co-working space startup
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India’s largest startup incubator center to be launched in Hubballi
Gururaj Deshpande, Indian-American entrepreneur, philanthropist and venture capitalist, is setting up India’s largest startup incubator center in Hubballi, Karnataka. The
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Lenskart aggressive on expansion in Tier 1, 2 cities; parallel focus on offshore channel
Lenskart, India’s largest eye care startup, is planning to aggressively expand in Tier 1 and 2 cities across the country
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Cisco buys App-Dynamics for a whopping $3.7 billion
Cisco, one of the largest technology firms in the world, bought a Silicon Valley startup App-Dynamics for an apparent sum
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Fidelity slashes Flipkart’s valuation to $5.5 billion
Flipkart, India’s largest online marketplace, has seen further dip in its valuation to $5.5 billion. Fidelity mutual fund has valued
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BookMyShow acquires MastiTickets, a Hyderabad based ticketing platform
BookMyShow, one of the prominent players in country’s online ticket booking space, has acquired a small rival MastiTickets, an online
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RML AgTech raises $4 million capital funding from IvyCap Ventures
RML AgTech, a startup focused on providing agriculture support solutions through mobile phones to farmers, has raised $4 million capital
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Digital security technology startup Seclore Technology eyes big deals in India
The digital security startup Seclore Technology provides digital rights management solution to the enterprises, and senses huge business opportunity in
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