A strategic component of the India's National eGovernance Plan consists of setting up Common Services Centers (CSCs). These centers are ICT enabled front end service delivery points at the village level for the delivery of government, financial, social and private sector services in the areas of agriculture, health, education, entertainment,...
4 Indian Startups in Billion Dollar Club
The Wall Street Journal’s and the Dow Jones VentureSource’s Billion Dollar Club includes startups that venture-capital investors believe are worth at least $1 billion and have raised money in the past three years, and four Indian startups make the list. Ranked 5th of 73 companies listed is Flipkart Internet Private Ltd.,...
Northwest Venture Partners Predicts that 2015 is India's Year
Sergio Monsalve, a partner with Norwest Venture Partners, opines in Fortune that for international and emerging market ventures, 2015 will be the year of India. He mentions that Brazil, Russia, India, and China all had been developing and maturing very impressive Internet properties in the last few years, and some...
SoftBank to Invest $10 Billion in India
SoftBank plans to invest more than $10 billion in India, after Prime Minister Narendra Modi and telecom minister Ravi Shankar Prasad separately met the Japanese telecom and Internet giant's chairman Masayoshi Son. Son pegged India as the company's top priority. In his meeting with Prasad, Son highlighted the company's bullish...
eBay Beats Out Amazon To Lead $50M Round In India’s Snapdeal
According to the online e-commerce giant eBay, it expects that 12% of its sales will be coming from BRIC countries by 2015 in a global e-commerce market that will be worth $300 billion. Moreover, the company plans to lead a $50 million, Series C investment in Snapdeal (an online marketplace...