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Real estate portal PropTiger.com acquires interactive tech firm OoBi
Sulekha_nair •OoBI, co-founded by IIT-Bombay alumni Atish Patel and Kumar Ahir, offers interactive technology to showcase real estate projects.
Times Internet to invest $16 mn in Uber, help aggregator localise service in India
Fp Archives •Under the agreement, Times Internet will work on promotions to increase awareness about Uber and also help the US-based taxi company localise its services for India.
High valuation: Alibaba's stake buy talks with Snapdeal flounder
Fp Archives •Alibaba was valuing the Indian firm in the range of $4-5 billion as against a valuation between $6-7 billion sought by Snapdeal
Snapdeal buys stake in logistics firm GoJavas, promises delivery in just 4 hours
Fp Staff •Online marketplace major Snapdeal today picked up minority stake in logistics firm GoJavas as it looks to further strengthen its delivery operations in the country.
Vying for the fashion conscious: Myntra could soon sell clothes from Marks and Spencer
Fp Staff •While the two companies haven't commented on the matter so far, the development wouldn't be a surprise given the growing interest among established fashion brands and chains using e-commerce chains to reach out to more customers.
It's official: Snapdeal acquires designer wear portal Exclusively.com
Fp Staff •Snapdeal said it hoped to reach a Gross Merchandise Value of $2 billion in the fashion category this year aided by the acquisition.
$200 mn well spent? 3 reasons why Infosys buying Panaya makes sense
Fp Staff •Infosys buying Panaya may make sense for the Indian software giant as it attempts to get out of what its CEO Vishal Sikka says is its 'comfort zone'.
Hutchison Whampoa to splurge $15 bn for O2, set to have UK's biggest mobile network
Fp Archives •Hutchison already operates the Three Mobile network in Britain, and buying second-ranked O2 will make it the biggest operator in the country.