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    VC fund 500 Startups puts India on hold citing tax issues

    Silicon Valley-based venture capital fund and accelerator 500 Startups has put on hold its plans to raise a $25 million India-focused fund, Kulfi, citing taxation and regulatory reasons.

    Missed call service provider VivaConnect may raise up to $20 million

    Missed call service provider VivaConnect plans to raise $15-20 million in its first round of funding for about 30-40% equity.

    AngelPrime’s managing partner Bala Parthasarathy to leave company, may launch own startup

    “It’s time I went back to what I did in the first place. I am an entrepreneur first,” said Parthasarathy, a two-decade-old serial entrepreneur.

    Twitter on hiring spree, revamps Zipdial office in Bengaluru

    The US-based company has been scouting for talent, ranging from software engineers to someone who can take charge of its growth in India.

    Early-stage VC Jungle Ventures invests $1 million in hotel booking engine Commeasure

    Proceeds from the investment round will be used by the year-old company to expand its presence in south-east Asia, and build on its tech stack.

    ZipDial laid off nearly half of its staff a day after Twitter's acquisition

    Nearly half of ZipDial's about 50 employees had been laid off, serving a grim reminder to India's startup ecosystem of the dark side of the acquisition dream.

    The Economic Times
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