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!
Last week, Venture Capital firm Sequoia invested $15 mn in Girnar Software for a 20% stake in the company. The deal values Girnar Software at $75 mn or a little over Rs 450 cr.
Companies that provide online reputation management services are involved not only in unethical practices but are also using criminal ways to rig the social media ahead of the elections.
Chennai based online customer support and helpdesk solution company Freshdesk has raised nearly $7 mn from venture capital firm Accel Partners in a fresh round of funding.
Based on a complaint by Micromax the Competition Commission of India will probe Ericsson’s alleged abuse of dominant position to charge higher royalty on GSM patents.
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