DXC Technology To Hire 10,000 People In India With Focus On Digital

DXC Technology plans to hire over 10000 people in India this year with a strong focus on candidates with digital technology skills, as the company looks to transform faster remain competitive. The US-headquartered tech services major, which was founded in 2017…

Small Contracts Are A Big Deal For IT

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Mphasis Eyes Double-Digit Revenue From Blackstone

Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…

DXC’s Acquisition of Luxoft Will Likely Reduce Its Dependency On Mphasis

DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…

Coffee Day Founder Remains Invested In Mindtree, Eyes Higher Price

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KPIT-Birlasoft Deal: Mid-sized IT Companies Can Follow New Model

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Private Equity Firms See Gold In Mid-Size Indian IT Firms

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Is This Flipkart’s Last Fundraise On Road To IPO?

India’s largest e-commerce company Flipkart’s recent fundraise of $1.4 billion (around Rs 9,000 crore), the biggest-ever in the country’s burgeoning consumer internet sector, has undoubtedly filled its coffers for now, but it also begs some important questions. Will this be…

How Change In Technology Landscape Is Impacting M&A In IT Industry

The year 2016 witnessed a major rise and impact of new technologies like social, mobile, analytics and cloud (SMAC) across businesses and organisations, not just in terms of the adoption, usage and investments but also it gained the status of…

Change At Flipkart To Set Precedence For Global Investors In India

Below are some of the latest tweets on this topic. Read a more updated thread by clicking on any of the tweets from below. https://twitter.com/s_v_g/status/818641623621869569 https://twitter.com/s_v_g/status/818641826546520064 https://twitter.com/s_v_g/status/818642669559693313 https://twitter.com/s_v_g/status/818644002027122689 https://twitter.com/s_v_g/status/818654417964568578 https://twitter.com/anshoo_n/status/818678717270478848

Impact Of Flipkart’s Devaluation On Indian Startups: Insights By Greyhound Research On CNBC TV18

Click to see the video https://www.facebook.com/cnbctv18india/videos/1199544183416311

5 Reasons Why Symantec’s Acquisition Of Blue Coat Matters To The CIO’s Office

On 12 June, 2016 Symantec announced its agreement to acquire Blue Coat for USD 4.65 billion. As a result of this acquisition, the company will now have 385,000 customers, a vast repository of data sources and over 3,000 researchers and…

“Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO

Snapdeal recently expanded their e-commerce marketplace to include more service offerings through a ‘one-of-a-kind partnership’ with Zomato, Cleartrip, UrbanClap, and redBus. Now in a recent interview with Livemint, Kunal Bahl, CEO, Snapdeal, said that the company is now focusing on…

Snapdeal May Die A Slow And Painful Death

On June 8, American e-commerce major Amazon announced an additional $3-billion investment in India, making clear its intention to win in the country. This throws up a massive challenge for all homegrown e-commerce companies, among which Snapdeal could be hurt the…

Investors Keep A Close Watch As Mu Sigma Founder-couple Splits

Even as investors at Mu Sigma keep a close watch on the recent developments within the company, there is a possibility of bringing in professional mangers at the helm of affairs. “In all likelihood, an external professional management will be…

The Life Of A Startup After A Devaluation

India’s biggest technology startups are finally getting a taste of devaluation. For the last couple of years, India was flooded with venture capital money, which helped several tech companies become unicorns—startups valued at over $1 billion. But now, some of…

The Real Reasons Behind Indian Startups Shutting Down

In April, on-demand grocery delivery service PepperTap shut shop. Recently, online beauty services provider Amber Wellness, which was operating in Bangalore, New Delhi and Mumbai, closed down. But these are not isolated cases. In 2015, around 13 startups closed operations.…

Blackstone India takes Mphasis off HP’s hands for ₹7,100 crore

Private equity player Blackstone India announced that it will buy Bengaluru-based Mphasis for ₹7,100 crore, making it the largest deal in India and bringing to a close speculation over the future of Mphasis. The PE major will acquire Hewlett-Packard’s 60.5…

Blackstone buys Serco BPO operations for £250 million

Private equity firm Blackstone has acquired a majority stake in Serco’s BPO operations for £250 million (₹2,558 crore). This is the largest such deal for Blackstone in India. The sale does not include the UK business of Serco Global Services,…

The Startups caravan

India is in the throes of an entrepreneurship revolution, with online start-ups getting the support of both consumers and venture capitalists. In fact, over the years, a large number of online travel start-ups have entered the fray to cash in…

#GreyhoundCorridors: Why We Matter To The IT Analyst Landscape – An Update From Greyhound Research

Recently, Greyhound Research has been recognised by a senior Analyst Relations professional, Dave Noble, as one of the upcoming Analyst firms.  While this recognition is surely a feather in our cap and we are humbled on Dave’s decision to include us in…

Funds In The Driver’s Seat

Garnering funds is not difficult for Indian companies. Retaining ownership of companies is. Private equity (PE) and venture capital (VC) funds are only too happy to come on board, but they like to secure their exit route as they invest.…

Funds In The Driver’s Seat @BWorldOnline

Garnering funds is not difficult for Indian companies. Retaining ownership of companies is. Private equity (PE) and venture capital (VC) funds are only too happy to come on board, but they like to secure their exit route as they invest.…

Funds In The Driver’s Seat

Garnering funds is not difficult for Indian companies. Retaining ownership of companies is. Private equity (PE) and venture capital (VC) funds are only too happy to come on board, but they like to secure their exit route as they invest.…

Topsgrup To Raise $100 Million From International PE Firms

Security firm Topsgrup, run by Tops Security Ltd, is planning to raise $100 million from international private equity (PE) firms to fund acquisitions and provide existing investors a profitable exit. The Rs.1,200 crore company would conclude the private equity deal in…

Topsgrup To Raise $100 Million From International PE Firms

Security firm Topsgrup, run by Tops Security Ltd, is planning to raise $100 million from international private equity (PE) firms to fund acquisitions and provide existing investors a profitable exit. These incidents, along with cyberattacks on corporate networks, are driving…

Budget 2015: Start-Ups Get A Tech Boost

If the big idea of Budget 2014, announced on 10 July, was clearly start-ups, the Bharatiya Janata Party-led National Democratic Alliance government took it a step further by announcing on Saturday an allocation of Rs.1,000 crore to enable information technology…

Blackstone In Race To Acquire Serco’s BPO Unit

Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…

Blackstone In Race For Serco’s Bpo Arm

Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. “Blackstone’s entry in the bidding is…

Blackstone In Race To Acquire Serco’s BPO Unit

Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…