‘Secret’, an application for anonymous confessions and gossip, is slowly gaining ground as the social tool of choice in the Indian entrepreneurial community.
Online players account for just about 1% of the Indian furniture retail market, which is expected to double to about Rs 1.2 L cr in 3 years.
Building the next generation of entertainment channels on the internet is becoming a serious business that is attracting top investor dollars.
Just Dial, Mu Sigma and Flipkart together are estimated to have a valuation of about Rs 1 lakh crore. ET traces their entrepreneurial journeys.
The stake in the Hyderabad-based company was acquired for an undisclosed amount from Educomp Solutions, a diversified education services firm.
To give a fillip to expansion plans, ZoomIn has acquired San Francisco-based firm Photojojo, which will strengthen its team for a global rollout.
Private equity firm Kaizen has set up an accelerator in Silicon Valley in the US to enable technology transfer and keep abreast of innovations in the sector.
Even in pre-liberalised India, major industries were clustered around a region. Now, startups are choosing colonies or villages adjoining metro cities.
The private equity firm was looking to raise around $250 million through the fund, which was launched last year.
These investors, ranging from PE and venture funds to international hedge funds, are currently evaluating a number of online companies
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