| | | OnMobile selling its French unit Voxmobili to US-based Synchronoss for $26M | | Sainul K Abudheen | | Voxmobili was acquired by OnMobile in late 2007 in a deal valued at $30.7 million in cash besides stock worth $4.6 million. | | Excl: Intel-backed NxtGen Datacenter & Cloud Tech in talks to raise $15M in Series B round | | Nikita Peer | | Last year, NxtGen raised $8.8 million from Intel Capital. | | After Flipkart, fashion e-tailer Myntra comes under ED scanner for violation of FEMA | | Anand Rai | | Foreign investment is barred in e-commerce activities and firms have formed multiple corporate entities to legally confirm to the norms. | | Nokia floats $100M connected car fund to back auto tech & local services firms | | Sainul K Abudheen | | NGP has invested in technology companies such as Rocket Fuel, Heptagon and UCweb. | | ibiboGroup appoints Rammohan Sundaram as CEO of its advertising business | | Anand Rai | | Earlier this year, ibiboGroup acquired bus tracking and analytics platform YourBus.in from Bangalore-based Lucido SoftLabs for an undisclosed amount. | | CoinJoos founder Nitin Gupta launches mobile-based dating venture GetVee | | Sainul K Abudheen | | A free app, GetVee is currently available only on the Android platform. | | Mumbai-based online test prep startup Embibe raises $4M from Lightbox & Kalaari Capital | | Nikita Peer | | The fund will be used to enhance the company's student and teacher network, and deepen its research around performance improvement. | | Rakesh 'Rocky' Agrawal fired after his Twitter outburst against senior execs at PayPal | | Sainul K Abudheen | | Agrawal is a product and marketing strategist with over 15 years of experience in web and mobile media. | | Due Diligence MasterClass - 9th May, Bengaluru | 23rd May, Delhi | | Indepth Discussion on Financial, Legal, Tax, Commercial and Forensic Aspects of Due Diligence | For Registration contact us at training@vccircle.com or call Fazal/ Raj at 0120-4171111/ +91 9560888933.
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