Start-ups, venture capital backers turn to investment banks for deals
Investors pumped in more than $9 billion into start-ups over the past two years. Photo: Priyanka Parashar/Mint Bengaluru/New Delhi: Weak business models and a funding slowdown are forcing many Indian…
Rental marketplace start-up Rentomojo appoints CTO
Currently, Rentomojo has about 4,500 active subscribers. Bengaluru: Online rental marketplace start-up Rentomojo operated by Edunetwork Pvt. Ltd on Wednesday named Munjal Dhamecha as its chief technology officer (CTO). Dhamecha…
Affimity raises $1.2 million from Silicon Valley angel investors
Affimity allows users to focus on their passions and specific interests, filtering out irrelevant content and displaying only those posts that are relevant to the users’ interests. It currently has…
Mukesh Bansal to leave Flipkart; Ankit Nagori to also quit
Mukesh Bansal, the head of Flipkart’s commerce platform, will leave by April. Photo: Hemant Mishra/Mint Bengaluru: Mukesh Bansal and Ankit Nagori, who are among the most powerful executives at Flipkart…