Aavishkaar invests INR18.6 crore in US-based luxury brand Mela Artisans

Mumbai, India-based social venture capital firm Aavishkaar Venture Management invested INR18.6 crore in US-based luxury lifestyle brand Mela Artisans for the latter's domestic and international product expansion.


People, not PCI standards, cause data breaches

The said failure of PCI standards is not the reason why payment card data breaches are taking place. Rather, it's the attitude of the people, according to Christian Janoff, a Security Solution Architect of Cisco Systems, in his VentureBeat guest post.

British hotel shortlist Top10.com raises $8M in Series B funding

London, UK-based hotel metasearch Top10.com raised $8 million in a Series B financing round led by Balderton Capital to fuel its expansion into Europe and its plans to beef up its workforce.

Kickstarter to hit the $1B mark soon

Kickstarter will most likely surpass the $1 billion mark pledged for the crowdfunding projects launched on the site in the next few days, TechCrunch reported.


Latest News

Mashable completed its Series A funding round with $14 million. The round was closed with an investment from Tribune Digital Ventures, a statement about the financing revealed.
Redmond, US-based software giant is losing two of its top executives: Former Skype chief Tony Bates and marketing head Tami Reller, according to a report by tech news site Re/code.
Apple Inc sold more than $1 billion of Apple TV set-top boxes in 2013 and is investing heavily in the next generation of products, Chief Executive Tim Cook said at the company's annual meeting on Friday.
Berrien Springs, Michigan-based tech incubator Rurban launched a crowdfunding campaign on Kickstarter to raise $150,000 by the end of march for the initial planning for Data Studio, a tech hub where entrepreneurs can converge and develop ideas.
Miami, US-based anti-fraud startup Kairos AR raised $1.2 million in a Series A funding round led by Boca Raton-based investment firm New World Angels for the development of its facial recognition software.
California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.
Ariel Garten, the Co-Founder and Chief Executive Officer of InteraXon, belied rumors that Google Co-Founder Sergey Brin made her an offer to purchase the startup.
Chuluota, US-based social food network Modernmeal wants to help families eat good meals at home by providing a website where users can create, compile, and share their own or others' home recipes.
Chicago, Illinois-based travel booking site Orbitz Worldwide snapped up Southlake, Texas-based private-label travel solutions firm Travelocity Partner Network, the affiliate network of Travelocity, for an undisclosed amount.
The gift of $6.8 million from search giant Google to San Francisco for its Free MUNI for Low-Income Youth program is one way that the tech industry can help the city deal with its gentrification problem, TechCrunch reported.