Japanese pharmaceutical company Daiichi Sankyo has acquired a majority stake in Ranbaxy, India’s largest drug making firm.  Under the agreement Daiichi will acquire the Singh family’s 34.8% stake at 737 rupees ($17.19) each writes The Wall Street Journal.
About 90 percent of Ranbaxy’s sales come from its generic drugs and Daiichi is looking to expand its presence […]

RockYou, a social widget maker located in San Mateo received $35 million as part of its Series C funding.  DCM  led the funding for this latest round and previous investors of RockYou include Sequoia and LightSpeed.
RockyYou’s array of social widget offerings include SuperWall,  Horoscope, SlideShow and many more. Their widgets can be found on Facebook, […]

“Is Silicon Valley really all that different?”” wondered an American entrepreneur recently. His question caught me by surprise considering he was born and brought up right here in the San Francisco bay area. What was surprising is he thought the ecosystem and the ability to do startups, raise money, succeed or fail were available in […]

Local search is the new battle ground for startups and VCs in India. “But, local search is an oxymoron,” says Deepak Srinivasan, Internet marketing guru. “There is no such user experience called local search. It is a local directory business,” he adds. “Local search is often used as a proxy for local points […]

In this week’s column in Financial Express the topic is about cleantech and the connection between Silicon Valley and India. Last week during the TiECon in Silicon Valley  cleantech was a major topic of discussion and I met a venture capitalist and an entrepreneur who are doing some very interesting things in this space. Ravi […]

This year’s TiECon was a bit low-keyed and somber and was in ways a reflection of the economic situation in the USA. There were about 2,500 that attended the conference. However on the second day it seemed like there were fewer people, when compared to the first day.
The two opening keynote speakers on both days […]