Sequoia Capital India today announced that it has sold a 4.45% stake in Firstsource Solutions (formerly ICICI OneSource) to SUN Group, a global investment and business group, for a total sum of $42 million. Post the sale, Sequoia Capital India will c...

Printo, India's first retail print and document services brand, announced the launch of its 4th and largest Bangalore store at Whitefield. The Whitefield outlet is 4th in a chain of 200 stores to be rolled out across India by 2010. Printo, backe...

CNR DaTong Electric Locomotive Co. Ltd and SEMCO India Pvt Ltd formed Joint Venture for manufacturing & supply of Railway Wheel & Axles, Railway rolling stock, Forged & Cast components...

Deloitte Touche Tohmatsu India Private Limited (DTTIPL) announced the launch of a dedicated Private Equity practice in India today - Deloitte Corporate Finance Services India Pvt. Ltd (DCF) which will work closely with the Asia Pacific regional pract...

Cargill Ventures buys up to 4% in KPIT Cummins Infosystems for about $ 9 million...

New Enterprise Associates is expanding operations in India. Led by Ben Mathias as Vice President, the Indian operations will work closely with NEA's US-based technology team as it focuses up to US $200M in investments in several technology secto...

At the recently concluded Innovation Workshop at IIM Bangalore organized by IIT Delhi Alumni Association Bangalore Chapter and NSRCEL IIM Bangalore (www.nsrcel.org), an industry-wide " Innovators Network" was launched for Bangalore. Innovat...

GVFL Ltd has announced divestiture of its holding from Scicom Technologies Private Limited, a Noida based leading provider of Onsite and Offsite product development services and technology consulting in Oil and Natural Gas industry. In 2000, GVFL inv...

In the wake of a shakeout in the dotcom space, focused on eyeballs and advertising revenue, a host of venture capital (VC) firms are changing strategy in India and focusing on core technology-based start-ups, say analysts....

First two investments in Café Coffee Day and Flextronics buyout...