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    • RIL arm picks up majority stake in NowFloats for Rs 142cr

      "Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned subsidiary of RIL, has acquired equity shares of NowFloats Technologies for a cash consideration of Rs 141,63,78,822. The said investment represents 85 percent holding in the equity share capital of NowFloats," RIL said in a BSE filing.

    • NowFloats closes $10 mn funding from Iron Pillar, others

      "NowFloats has closed series B funding of USD 10 million via Iron Pillar and IIFL (Seed Ventures Fund I and Cash Opportunities Fund), along with Blume Ventures and Omidyar Network, who had invested in series A as well," it said in a statement.

    • Digital wave rides strong in Tier II & III mkts in India

      Along with the SMBs' fast evolving technology journey, a strong amalgamation of both digital and traditional tools to do business as an emerging trend is also taking shape.

    • ‘Indian SMEs likely to spend $11.6 billion on IT in 2015‘

      As per the report, India has nearly 51 million such businesses, of which 12 million have a high degree of technology influence and are looking to adopt newer IT products.

    • NowFloats: Making internet more relevant for businesses

      Ronak Samantray of NowFloats was a finalist of the Tel Aviv competition in Israel.

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