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Archive for the ‘News’ category.

Rdio acquires Pune’s Dhingana to Enter India Market

MediaNama is reporting that international streaming music startup Rdio has acquired Dhingana in a bid to enter the India market. This is really less of an “acquisition” and more of a “fire sale” (or an aquihire): Sources also told MediaNama that the amount being offered to Dhingana is lower than the amount of funding they […]

Quick Heal plans initial public offer in Dec-Jan – Financial Express

Financial Express reports that Pune-based computer security software products company Quick Heal is planning an IPO in Dec-Jan. This is likely to be Pune’s first software product company IPO, unless Pubmatic manages to do an IPO before that (which is still quite possible). Excerpts from the article: In 2010, the Pune-based company was valued at […]

GSF is looking for an EIR: Good opportunity for some Pune Techie

@thinkSantosh (Santosh Dawara) points out that the GSF (Global Superangels Forum) is looking for an Entrepreneur in Residence, and hopes people from Pune will take this opportunity to increase their network, increase their exposure, and help improve Pune’s presence in the Indian and Global startup ecosystem. More information about the EIR@GSF program is here. What […]

Pune’s Pubmatic gets $13MM funding; preparing for a $1B IPO?

Pubmatic, a software product company with solutions in the cloud and mobile advertising space, which is fully developed out of Pune, has just received $13 million in funding from Nokia Growth Partners, along with existing investors. This takes the total amount of funding raised by Pubmatic to $76 million. Excerpt: The company plans to use […]

@PersistentSys acquires @CloudSquads – Pune/California based enterprise social media startup

Pune’s Persistent Systems has just acquired CloudSquads, a Pune and San Francisco based startup that builds social apps for the enterprise market. After cloud-computing and mobile, the new hottest trend in the industry is SMAC (Social, Mobile, Analytics, and Cloud), and CloudSquads is smack in the middle of this trend. CloudSquads builds products that help […]

Pune’s Cuelogic acquires California based mobile apps development company

Pune based services company Cuelogic Technologies has just acquired the services arm of California based company Evolutionate, Inc. Excerpts from their press release: The acquisition came out through a prior strategic partnership between the two companies in which Cuelogic offered Evolutionate and its customers, mobile application development services, cloud computing services and advanced testing services […]

SEED Infotech launches “SEED IT Idol 2014″ for college students

Pune based technology training institute, SEED Infotech, has launched the 4th edition of “SEED IT Idol 2014″, a test of ‘C’ programming knowledge, for all students of engineering in the University of Pune, reports DNA India. Excerpts: The information technology (IT) Idol in Pune is being organised by SEED Infotech in association with the University […]

Pune’s LinguaNext, a localization software company, raises Series A funding from Helion

LinguaNext, a Pune-based company that provides a “langauge management platform” for software products, has raised a round of funding form Helion Venture Partners, reports VCCircle. LinguaNext creates software products that allow enterprise software to be “localized” to one or more languages without requiring any change in the source code of the software. What is Localization? […]

C-DAC unveils Mercury Nimbus online healthcare software

Pune-based C-DAC has launched Mercury Nimbus, which appears to be an online EMR (electronic medical records) software suite, on the Windows Azure cloud platform, that doctors and hospitals can use to share patient data – according to a report in the Times of India Excerpts from the article: Gaur Sunder, principal technical officer at C-DAC, […]

CoEP unrolls online health management portal for 1800 hostelites

COEP – The College of Engineering Pune, has unrolled a program called AyushDeep – an online health management portal for 1800 students living in hostels with the help of a local software company Ayushman aka IndiaOnlineHealth.com. The portal will hold an electronic medical record of the students online, which can also be viewed by parents […]