Today’s New York Times features a puff piece on Indian entrepreneur Sunil Bharti Mittal tooting his horn about his recent deal with Wal-Mart to set up a wholesale distribution system. Amidst all his prattle about the cold chain, the trucking, storage etc, what caught our attention in the NYT story was Sunil Mittal’s juvenile boast […]
The folks at local search engine AskLaila have snagged $10 million in a Series B round of funding, according to VC Circle. Lightspeed Venture Partners led the round in AskLaila’s parent Bangalore-based Four Interactive. Silicon Valley Bank and return investor Matrix Partners India also participated in the latest round. Matrix invested $2 million in the startup […]