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Free speech suffered a blow: Rajan on Ashoka University exits

 Eminent economist Raghuram Rajan has said free speech suffered a "grievous blow" in India with the resignations of Pratap Bhanu Mehta and Arvind Subramanian from the Ashoka University and that the......

MySmartPrice raises $10 mn from Accel, Helion Ventures in series-B round

 Proceeds will be utilised to expand company's hyperlocal shopping services to over 50 cities MySmartPrice, a Hyderabad-based price comparison shopping and product discovery service portal, has......

Nandan Nilekani invests in RailYatri

 Infosys co-founder Nandan Nilekani has invested an undisclosed amount in train travel app, RailYatri.in. In addition to the former Unique Identification Development Authority of India chairman,......

New funds ride fourth wave of venture capital

 The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created. In what appears to be the beginning of a fresh wave of venture capital (VC) in......

VC funds invest $11 mn in SMS GupShup

SMS GupShup, a service that enables users to form communities and blog using their mobile phones, has received an investment of $11 million (about Rs 53 crore or Rs 530 million) from venture......

Travel portals attract big investments

 As visibility and business increases for online travel portals in India, investor confidence in the industry is high too. Travelguru has got a second round of capital -- $ 15 million -- from......

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