How the Tech Scene in India is Changing
Two news items from the tech startup ecosystem broke through the clutter of politics, cricket, Bollywood, and more politics news in India earlier this month. The first was good. The second was just grim. Just Dial, which runs the local business listings site Justdial.com, had raised US$57 million in one of the largest ever pre-IPO rounds of VC funding in India from existing investors Sequoia Capital and SAP Ventures.