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myGate has raised Series A funding worth Rs 650 million. This round has been led by existing investor Prime Venture Partners.
Bharti Airtel has secured full commitment from leading global banks like Bank of America, Barclays Bank, BNP Paribas, JP Morgan Chase Bank and Citibank among others to refinance its debt of € 1 billion, which will mature in December 2018.
Tech Mahindra has partnered with Israel Aerospace Industries (IAI) to tap the cyber security market. Under the partnership, IAI and Tech Mahindra will offer services to enterprise consumers in India and abroad.
Cognizant has acquired SaaSfocus thereby strengthening its business proposition in the Asia-Pacific region. The deal is expected to close in the fourth quarter of 2018.
Tanla Solutions Limited, one of the largest cloud communication providers in the world, has acquired Karix Mobile Private Limited and its affiliate from GSO Capital Partners at an enterprise value of Rs 3.4 billion.
Cisco Systems has reported more than estimated quarterly revenues and profits for the fourth quarter of 2018. This has been primarily driven by the network gear maker's transition to a software-focused company.
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- Karbonn’s promoter and Gionee India’s minority shareholder join hands to buy Gionee’s Indian operations
- Temasek acquires minority stake in UST Global
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- HMD Global raises $100 million to scale operations
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