PricePanda, the Rocket Internet-backed price comparison site, has raised $3 million in new funding from the German retail major Tengelmann Group. This new funding will be used to expand PricePanda in
Co-founders of Innoz, an SMS-based offline search engine in India that has answered over 1 billion queries on mobile phones, are raising $500,000 in Seed funding from 500 Startups and other angel inve
Samsung’s latest financial results underscored slowing growth in the smartphone business and its increased rivalry with Apple, which seems to be closing the gap, at least in the U.S. Samsung rep
IBM has finally managed to sell its low-margin server business to the world’s largest PC maker Lenovo. The two companies have been negotiating this deal for past few years, and a potential sale
MemSQL, a big data startup that helps retrieve and analyze data real-time, has raised $35 million in Series B funding from Accel Partners and Khosla Ventures. The financing will be used to expand prod
m>Path, a mobile development platform that helps users create and manage applications, has raised $1.65 million in a seed round from JUMP Investors. Founded by former top Salesforce executives, Cla
Freshdesk, which raised $7 million in Series C funding from Accel India and Tiger Global in November last year, is using some of that capital to enter the IT service management (ITSM) market currently
PC shipments in Asia Pacific (excluding Japan) fell by 10% in 2013 to 108 million units, marking the region’s first ever double digit decline in recent years, according to IDC. While Lenovo reta
<a target="_blank" href="http://www.commonfloor.com">CommonFloor</a>, an Indian real estate search engine and listings site based in Bangalore, has raised $10.4 million from existing investors, Accel
Executives at Apple in India are preparing to celebrate passing $1 billion in annual revenue in the country for the first time this financial year. But Apple today remains a small player in India, acc
Zalora, a fashion e-commerce site that has raised $238 million from investors such as Rocket Internet and Access Industries, plans to launch its marketplace in South East Asia early this year. The new
Indix, a big data startup based in Chennai, is building a catalog for all of the world’s over 1 billion consumer products to help brands compare prices and make crucial business decisions. Indix
ChargeBee, a Chennai-based startup that helps companies manage their subscription billings, has raised around $800,000 in a Series A funding from Accel Partners. This brings ChargeBee’s total fu
Commerzpoint Networks, an Indian startup that owns healthcare marketplace Medypal, has raised around $400,000 in seed funding from Unitus Seed Fund. With this funding, Medypal will help patients find
Last month, we reported that Facebook was planning to buy Little Eye Labs, an Indian startup that makes a software tool for analyzing the performance of Android apps. Now the Bangalore-based company h
MobStac, a Bangalore-based startup that helps publishers build and manage their mobile websites and apps, has raised $2 million in Series B funding from Accel Partners and Cisco. With the latest finan
On Monday morning, the Indian online marketplace Snapdeal introduced its same-day delivery service, putting pressure on rivals Flipkart and Amazon who launched their next-day delivery service a few we
As India prepares to reconsider the ban on foreign investments in the country’s e-commerce sector, two of the world’s biggest e-commerce companies — Amazon and eBay — are anxiously
Vizury, a Bangalore-based ad retargeting startup, is in talks with investors to raise an additional $20 million by March this year, with existing backer Inventus leading the round, according to sourc
After some serious drubbing in two of the world’s largest countries during past few weeks, the Bitcoin ecosystem may have found its biggest individual backer yet in Li Ka-shing, Asia’s ric
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