Pantech, South Korea's No.3 smartphone maker, has been under a debt-restructuring programme after suffering six consecutive quarters of losses.
The total staff strength - once 1,100 - is now under 200.
Practo is an online health service platform which assists patients to meet the best doctors and keeps digital records.
The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India.
Company says it is just replacing old guard with stronger leaders
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
Ramping up globally, the Indian restaurant search service is going as local as possible in its markets to improve its brand's stickiness.
Jaydeep Barman and Kallol Banerjee reveal how they built the company from scratch.
Uber started its business three years ago in India and is now operating in over 20 cities with thousands of cab drivers.
Chillr recently raised $5 million from Seqouia Capital.
New entity is likely to get a top-up of $200 million from a Chinese investor
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Global private equity (PE) major Carlyle is in talks with renowned cardiac surgeon Dr Naresh Trehan to acquire a minority stake in his Gurgaon-based multi-super speciality hospital, Medanta -The Medicity.
It is Tata's fourth such investment in an e-commerce co.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
Five Star Business Finance is in the business of providing loans to MSME entrepreneurs. Gireesh Babu finds out more about the company that plans to grow to 3,000 crore by 2020.
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
The proposed company, Yu Televentures, will import handsets from China and sell in the Indian market.
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.
Anupam Mittal, the fund man behind OlaCabs has lined up more investments.
The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.
While the redeployment of talent from companies that have shut down into other start-ups is a great move, some say the gesture is gaining more visibility than the actual companies
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Arnab Dutta traces how Bira 91 is already among the top two in the premium segment in all the cities that it is present in today and how it is giving larger brands Kingfisher and Budweiser a run for their market share.
It hopes to leverage the growing number of mobile transactions
OlaCabs' hyper-growth and an ambitious plan to expand to 100 cities by the end of 2015 are perhaps what attracted Japan's richest man, Masayoshi Son, chairman of telecom and media group SoftBank Corp, to announce an investment of $210 million (around Rs 1,260 crore) in the company.
Vikramank Singh looks back at the year gone by!
According to data from Venture Intelligence, PEs invested in two mobile payment solutions firms each in 2009, 2010 and 2011. This grew to four deals in 2012 and five deals in 2013.
Venture capitalists are leveraging their experience to build something new.
UrbanClap's business model is still a work in progress.
The inspiring story of how Saurabh Aggarwal conquered it all with his mobile gaming company Octro.
What work in Jaipur's favour are lower costs, a good talent pool, better quality of life, and proximity to the Delhi National Capital Region
'I always say I am a teacher by choice and an entrepreneur by chance.'
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
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