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iLabs invests Rs 42 cr in VSoft

iLabs Private equity fund, a $300 million India-centric fund promoted by former COO of Satyam Computer Systems Srini Raju, has invested Rs 42 crore (over $10 million) in VSoft Corp. VSoft......

ilabs feels predatory, set to acquire two firms

The company has identified two listed companies for acquisition, one in the US and the other in India, to further its growth plans."We are expecting the acquisition exercise to be completed by the......

Equity fund, media house to buy majority stake in TV9

Venture capitalist Srini Raju is set to conclude a deal involving the sale of a majority stake in Hyderabad-based Associated Broadcasting Company Limited held by iLabs Venture Capital Fund.ABCL......

TCS sets up research lab in Delhi

India's largest software exporter Tata Consultancy Services has set up its fourth research lab in New Delhi to work on emerging technologies like grid computing, collaborative software development......

Venture funds zero in on IT service firms

Venture capital and private equity investments in the information technology services industry are on a rebound. These had focused for the past couple of years primarily on business process......

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