Update: Tata Teleservices Maharashtra (TTML) has informed (pdf) BSE that Tata Sons will be selling 1.9 million shares (1,89,71,968 shares), which accounts for 1% stake in TTML. The sale is expected to ... Continue_Reading

After much speculation, Yahoo has finally announced that it will acquire Tumblr, the blogging platform, for $1.1 Billion in an all cash deal. ... Continue_Reading

UCWeb, China based mobile internet and software services company, which plans to invest $170 million (Rs 940 crore) in expanding its global operations, will be deploying a majority of its investment in India ... Continue_Reading

U.S based athletic apparel and accessories company, Yoga Smoga has raised Rs 5 crore from Mumbai Angels and a group of unnamed US based angels, reports Economic Times. Its currently ... Continue_Reading

CaratLane Trading Pvt Ltd, which runs an online diamond jewellery portal CaratLane.com, has raised 15 million in Series C funding round from Tiger Global ... Continue_Reading

Update: FoodPanda has appointed FoodPanda India Co-Founder and Managing Director, Rohit Chadda as its product head for the Asia Region. The company also noted that Chadda will continue in his role ... Continue_Reading

Consim Info which operates the matrimonial site BharatMatrimony.com, has spun off its real estate portal IndiaProperty.com as a separate entity ... Continue_Reading

Update: Qyuki has officially confirmed that Samir Bangara has been appointed as its CEO and Managing Director. He will assume his responsibilities from June 3, 2013. May 8, 2013: AR Rahman ... Continue_Reading

Online brand merchandising store Bluegape.com has raised an undisclosed amount funding as convertible notes in a seed round from Aniket Khera and Rahul Bhatia from Willow Investment Management LLC and an undisclosed entrepreneur. ... Continue_Reading

Bharti Airtel will raise $1.26 billion in long-term strategic investment from Qatar Foundation Endowment (QFE), the company has announced, saying that it will issue 199.87 million new shares representing 5% ... Continue_Reading

Online jewellery store, Voylla.com has raised Rs 2.5 crore angel investment from Snow Leopard Technology Ventures, reports TechCircle adding that Chris Kolenaty will be joining the company board as part of this investment. The ... Continue_Reading

A quarter after its Airtel Bangladesh business broke even at an EBITDA level, Bharti Airtel has announced that it will acquire the remaining 30% stake in the venture from Warid Telecom. ... Continue_Reading