Russian Police Raided NGINX Moscow Office, Detained Co-Founders

Russian law enforcement officers have raided the Moscow offices of Nginx—the company behind the world’s second most popular web server software—over a copyright infringement complaint filed by Rambler, a Russian Internet portal and email service provider. According to multiple reports from local media and social media, the police conducted searches and has also detained several…

Reliance Industries acquires a majority stake in SaaS startup NowFloats for $20M – TechCrunch

Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business Ventures Limited said (PDF) it has acquired an 85% stake in NowFloats for 1.4 billion Indian…

Reliance Industries acquires a majority stake in SaaS startup NowFloats for $20M – TechCrunch

Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business Ventures Limited said (PDF) it has acquired an 85% stake in NowFloats for 1.4 billion Indian…