Business Standard India reports that Sequoia Capital India is getting ready to raise another fund of $500 million within a year.
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Kleiner Perkins Caufield Byers, Sherpalo Ventures and Nexus India Capital backed MapMyIndia.com has spruced up their site and product offering a host of new features including sharper images, better localized search, improved page printing amongst others.
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Travel portal Yatra.com will now allow users to book their flight tickets via their mobile phone using SMS. Hotel booking, car rentals, bus mobile bookings are to follow shortly.
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Bangalore company Logix Microsystems has launched an car portal at Carazoo.com for everyone in the car business chain - buyers, sellers, manufacturers, dealers, financers, insurance providers and car accessories suppliers.
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Business Standard reported that SaReGaMa.com, which holds rights for almost two-thirds of all music in India, may soon start offering Mp3 downloads direct to consumers from their online website.
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