Microsoft Accelerator names Bala Girisaballa as CEO, elevates Ravi Narayan as global director

Bala-Girisaballa-&-Ravi-Narayan_feMicrosoft has appointed former Zinnov executive Bala Girisaballa as chief executive officer-in-residence to lead Microsoft Accelerator in India while Ravi Narayan, it’s former head, has been elevated to the role of Global Director. “Bala will lead the Accelerator’s efforts to help market-ready startups and entrepreneurs to scale up and become successful businesses through the technology […]

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Zomato losses soar in FY16, drag parent Info Edge into the red

ZomatoRestaurant listings and discovery company Zomato Media Pvt Ltd plunged deeper into the red in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss at Zomato widened almost four-fold to Rs 492.27 crore in 2015-16 from Rs 136 crore the year before. Revenue doubled to Rs […]

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