Arvind Internet in talks to acquire Freecultr

Textile-to-retail conglomerate Arvind is in advanced talks to acquire Sequoia Capital-funded e-commerce company Freecultr, becoming the latest brick-and-mortar store operator to snap up troubled online ventures. Arvind is currently carrying out due

Govt ‘s Proposed Tax Exemption on Startups

The Ministry of Communications and Information Technology have asked for tax exemptions on stock options offered to employees by startups. They are also extending this to capital gains accrued from making investment

Blume Ventures bags $30 million for Fund-II

Early stage technology investor, Blume Ventures has completed the first close of little over $30 million (Rs 200 crore) for Fund-II. With this first close, Blume has raised just over half of