MediaNama had learnt from sources that Times Internet Limited (Indiatimes) has bought back Seqioua Capital India’s stake in the company. When contacted, Indiatimes CEO Rishi Khiani declined to confirm or ... Continue_Reading

India has quite an active online travel sector – over the past year it has seen a boycott by ticketing services over the low commissions paid by airlines and the ... Continue_Reading

Hyderabad based VAS co IMI Mobile continues to walk the inorganic growth path, and plans to acquire more VAS companies. It has just raised $13 million from Sequoia Capital and ... Continue_Reading

Last week, voice SMS company Bubble Motion raised $6 million in venture capital funding from Palomar Ventures, Sequoia Capital and Comcast Interactive Capital. The company’s product Bubble Talk powers the ... Continue_Reading

Sanijv Mittal has resigned as the Vice Chairman of Bharti Enterprises owned Mobile Value Added Services company Comviva Technologies Ltd. He ceased to be a member of the companys Promoter Group ... Continue_Reading

(By Preethi J & Nikhil Pahwa) Cyber cafe software company Ideacts Innovations has raised an undisclosed amount of money in its second round of funding from Sequoia Capital and Silicon Valley Bank, The ... Continue_Reading

We’ve just received a response from Sumir Chadha, MD, Sequoia Capital India, about the prospects of their investment in Guruji.com – Guruji co-founder Gaurav Mishra has left the company and ... Continue_Reading

Gaurav Mishra, COO and Co-founder of search engine Guruji.com has left the company, CEO Anurag Dod confirmed to MediaNama, as did Mishra. Mishra said that he’s left due to personal ... Continue_Reading

Ideacts Innovations has announced that the company had received $5 Million in funding from Sequoia Capital; There’s a mention of the funding having taken place in November 2007, but they’ve ... Continue_Reading

TravelGuru CEO Ashwin Damera’s response to Medianama.com regarding the story about the company being acquired by Expedia: Dear Nikhil, I’m disappointed that mere speculation is being published in the form of a ... Continue_Reading