Indian Railway Minister Suresh Prabhu Presents Fiscal Year Budget Amid Political Challenges

Suresh Prabhu, railway minister of India, on Thursday, unveiled the rail budget for 2016-2017 in the Lok Sabha. The minister increased the quota for women and senior citizens in railway coaches.

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Sprinklr buys Texas social analyics firm Dachis Group

New York, US-based social media management firm Sprinklr has bought Austin, Texas-based social analytics company Dachis Group for an undisclosed sum to obtain technology that will help their product accelerate in the market.

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India's MakeMyTrip buys Amsterdam's EasyToBook for $5M

India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.

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Pearson fund invests in India-based education startup

UK-based investment fund Pearson Affordable Learning Fund has backed Delhi-based education startup Avanti Learning Centres to develop a system that will help students from low-income families prepare for college entrance tests.

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Traffline bags investment from Matrix Partners India

Mumbai-based startup Birds Eye Systems raised an undisclosed sum in a Series A round from Matrix Partners India for the expansion of its traffic monitoring brand Traffline.

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Muthoot Finance to open 250 white label ATMs

Muthoot Finance announced the construction of new ATMs to expand its operations.

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