In the last few months, many players in the digital music industry have shut shop. But these are mostly for strategic reasons and not because digital music is dying.
After HCL Infosystems exited the PC Making business, it’s Wipro’s turn to beat a retreat from a shrinking Personal Computer market.
Internet company Info Edge has invested Rs 10 cr ($1.61 mn) in Applect Learning Systems, the company which runs Meritnation, an online education and assessment services.
Pune based software product and technology company Persistent Systems has launched Persistent Venture Fund, an early-stage investment fund.
Hyderabad based photography startup Flatpebble has raised angel funding from angel investors. Tech investor Raghu Bathina, Lax Gopisetty of Hyderabad Angels, Ram Jayam & Sitaram Banda participated in the seed round.
Y Combinator, Google Ventures Backed Buttercoin In talks to Setup Whitelabel Bitcoin Exchanges in India
International Bitcoin Exchange Buttercoin which recently raised close to $1.6 mn from Google Ventures, Y-Combinator, Reddit Co-Founder Alexis Ohanian and others is talking to financial Institutions in India to set up white labeled Bitcoin exchanges for them.
The fact that CIA’s non profit Venture Capital Arm is backing the company which developed MongoDB is worrying. However, one must not go overboard with the whole privacy aspect.
Xarato, a new online marketplace wants to help an ecommerce buyer connect & identify better with small online sellers with the help of Facebook integration.
We rang up a few people who could possibly tell us if it is true and some parts of the report doesn’t ring true. I’m going to go out on a limb and say that it is likely to remain a rumor.
The Andhra Pradesh Government has banned online bus ticketing to prevent accidents. Oh, I get it: no buses on the road and hence no accidents!