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Shreenath Investment Company Ltd Flipkart acquires Letsbuy.com Livemint “The cost of customer acquisition is higher than average revenue per customer and companies are burning money on each customer,” said Deepak Srinath, director of Bangalore-based boutique investment bank Viedea Capital Advisors Pvt. Ltd. Venture capital ... and more » Kleiner Perkins struggles for exits as start-ups fail to scale up Livemint Silicon valley-based venture capital (VC) firm Kleiner Perkins Caufield & Byers is finding it difficult to exit the Indian companies it's currently invested in, according to its local representative. Kleiner Perkins has invested some $80 million in 11 ... and more » NTT to buy 74% stake in Netmagic Livemint NTT Communications Corp., a unit of Japan's Nippon Telegraph and Telephone Corp, will buy a 74% stake in Indian data centre services provider Netmagic Solutions Pvt. Ltd. While financial details of the transaction were not disclosed, Telecompaper, ... and more » 9 deals in brief: SNG bags Rs 240 cr mandates worth for Kotak; AZB, JSA on Rs ... Legally India Kotak India Real Estate Fund IV was assisted by Cushman & Wakefield which acted as the real estate brokers, and KPMG India Private Limited acted as the tax consultants. SNG & Partners advised Kotak Investment Advisors and Cyprus-based private equity ... TTML's Q3 revenue up 8% YoY Voice & Data Online The company's EBIDTA stood at Rs 136 crore for the quarter. The company maintained a strong focus on wireless broadband services, and its VAS and data revenues accounted for 32 per cent of total wireless revenues for the quarter. and more » GM Vies to Compete With Toyota in Fast-Growing Indonesia: Cars BusinessWeek That's leading carmakers from Detroit-based General Motors Co. to India's Tata Motors Ltd. to gear up to challenge Japanese producers led by Toyota Motor Corp., which control more than 90 percent of a market with the world's fourth-largest population. and more »

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