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Archive for the 'Business News' Category

Sabeer Bhatia backed Instacoll launches online Office Suite

Indian software product company, InstaColl today announces the launch of Live Documents, a hybrid online-offline Office suite of applications.
Instacoll which is led by Sabeer Bhaita, has earlier raised funding from Softbank (read Sabeer Bhatia back to business, Instacoll raises funding from Softbank).

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HT Media Acquires Desimartini.com

Firefly e-Ventures Ltd., the wholly-owned Internet subsidiary of HT Media Ltd., has acquired social networking site, Desimartini.com, as per the news reported in Hindustan Times. Though the financial terms are not disclosed, HT Media said that the deal was for less than US $ 10 Million (Rs. 39.3 Crores), which makes an interesting reading, since [...]

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Yahoo enters Indian advertising space through Tyroo

Internet web giant (or web giant of yore) Yahoo! has announced that it had taken around 35% stake in an Indian web advertising company Tyroo for an undisclosed amount.

Indian promoted Nextag strikes it rich, acquired at USD 863 million by PE firm,

As per reports in WSJ, Providence Equity Partners Inc. has acquired around two third stakes in NexTag Inc., a shopping comparison site for about $863 million, while valuing the firm around USD 1.2 billion.

You Telecom acquires Icenet

You Telecom, (previously known as Iquara broadband from British Gas) today announced the acquisition of Ahmedabad-based Internet service provider (ISP), IceNet.

Yahoo Publisher network in India?

It looks like Yahoo Publisher Network (YPN) is gearing towards expanding its territory beyond US as there have been reports where Yahoo has been getting in touch with publishers in India and getting their feedback on contextual ads and specially Google Adsense Program. and also want it can do to improve its proposed Yahoo [...]

Tagged!!! Brilliant use of Spam to grow ….

It seems that finally some smart startup has been able to build traffic by using spam as an effective tool. In last 1-2 months majority of us must have got this tagged mail where some user seems to have tagged you or somebody else. With a familiar Indian sounding name, the click rate was high [...]

Sabeer Bhatia back to business, Instacoll raises funding from Softbank

Quintessential entrepreneur Sabeer Bhatia is back to business and has raised first round funding from Softbank for InstaColl.
InstaColl’s collaboration solutions provide businesses secure, online working relationships with key customers and partners, allowing dispersed stakeholders to reduce time-to-decision and problem-resolution by responding in real time to critical incidents and opportunities.

Rediff.com targets email market with a racy campaign

It looks like that Indian Internet portal Rediff.com (NASDAQ : REDF ) has taken a cue from Domain booking & Web Hosting company Godaddy (Godaddy’s commercial during Superbowl was banned due to wardrobe malfunction and thus created quite a controversy and visibility for Godady) and has decided to release a quite racy advertisement to promote [...]

Google acts as LP and invest in venture funds in India

In a surprise move and first of its kind in the word, Google inc has invested in two early stage venture funds namely Seed Fund and Erasmic Venture Fund.


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