Venture capitalists are taking riskier but smaller bets in early stage funding rounds of startups as they are apprehensive of missing bus, if late.
Mobile game developer Nazara Technologies gets exclusive rights to develop games based on Bollywood titles
Nazara Technologies has got exclusive rights to develop games based on Bollywood titles such as Bang Bang, Finding Fanny and Bombay Velvet.
The firm has also announced elevation of two of its directors, Ritesh Banglani and Rahul Chowdhri, as partners at the venture fund.
Rocket Internet also operates other consumer Internet ventures in India such as furniture e-tailer Fab Furnish and food delivery service firm FoodPanda.
India’s ecommerce is seeing new customers who scour the Net for best deals and then resell the goods either offline or on other online platforms at a higher price.
‘Secret’, an application for anonymous confessions and gossip, is slowly gaining ground as the social tool of choice in the Indian entrepreneurial community.
Online players account for just about 1% of the Indian furniture retail market, which is expected to double to about Rs 1.2 L cr in 3 years.
Building the next generation of entertainment channels on the internet is becoming a serious business that is attracting top investor dollars.
Just Dial, Mu Sigma and Flipkart together are estimated to have a valuation of about Rs 1 lakh crore. ET traces their entrepreneurial journeys.
The stake in the Hyderabad-based company was acquired for an undisclosed amount from Educomp Solutions, a diversified education services firm.
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