Firstandsecond in talks with VCs for $5 m second round funding
Online bookshop firstandsecond.com on Tuesday said it was negotiating with venture capitalists for $5 million second round of funding, to further its massive expansion plans and upgrade technology. "We are negotiating with several investors, including venture capitalists, for five million dollars to fund our technology and infrastructure upgradation and for new market development," president and chief executive officer of the company GBS Bindra has said.Paswan to visit France to enhance telecom ties
A high-level delegation led by Communications Minister Ram Vilas Paswan will visit France, Sweden and Finland to explore opportunities for enhancing bilateral co-operation in the telecom sector, starting on November 8.
Commandworld WAP service launched in Calcutta
Command, the cellular service provider, on Tuesday launched "Commandworld" in Calcutta offering Internet access to the user on mobile phone through wireless application protocol (WAP) service. The service, named "Commandworld", had been designed to enable the user to access six channels.
Exatt clarifies
With reference to the story ``Exatt to invest $25 million to become a FSP'' carried on November 3, the company source inadvertently implied that the total planned investment in India would be $50 million, spread over two phases. The company would like to clarify that the total investment will not be $50 million, but $25 million. The company regrets the error.
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