We went through near-death experience many times, says Nutanix founder

Dheeraj-PandeyThough Dheeraj Pandey is fairly well known and connected among the who’s who of the tech industry, he hit headlines in his home country only late last year. Cloud computing firm Nutanix, which Pandey co-founded seven years ago in Silicon Valley, exceeded market expectations during its Nasdaq debut in September to hit a $5 billion […]

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Nasdaq-listed Nuance Communications acquires VAS firm mCarbon for $36 mn

Nasdaq-listed Nuance Communications acquires VAS firm mCarbon for $36 mnUS-based software company Nuance Communications Inc has acquired Noida-headquartered value-added services provider (VAS) mCarbon Tech Innovations Pvt. Ltd for $36 million in a cash-and-stock deal, a media report said. The deal will help Nuance expand its VAS and subscriber revenue services, The Economic Times reported, citing Richard Mack, vice president of corporate marketing and communications […]

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Nasdaq-listed Nuance Communications acquires VAS firm mCarbon for $36 mn

Nasdaq-listed Nuance Communications acquires VAS firm mCarbon for $36 mnUS-based software company Nuance Communications Inc has acquired Noida-headquartered value-added services provider (VAS) mCarbon Tech Innovations Pvt. Ltd for $36 million in a cash-and-stock deal, a media report said. The deal will help Nuance expand its VAS and subscriber revenue services, The Economic Times reported, citing Richard Mack, vice president of corporate marketing and communications […]

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MakeMyTrip hotel bookings jump four-fold in Q1 but losses climb

Make_my_tripIndia’s largest online travel agency MakeMyTrip Ltd has reported 54.5% rise in net revenues (62.6% in constant currency) for the first quarter over the year-ago period powered by sharp jump in hotels & packages bookings. The NASDAQ-listed firm’s net revenues rose to $58.86 million fuelled by 80.8% (89.8% in constant currency) rise in net revenues […]

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We didn’t want to compromise growth by going in for M&A, says Yatra’s Dhruv Shringi

Dhruv Shringi, Co-founder, Yatra.comOne of India’s fastest growing online travel agents and consumer travel platform Yatra Online has entered into a merger agreement with Terrapin 3 Acquisition Corporation, a NASDAQ-listed special purpose acquisition firm. The deal, which values Yatra Online at $218 million, was announced on July 14. Post the proposed merger, Yatra will be listed on NASDAQ […]

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