Deal Alert: TLabs inv in US-based travel info service Skift
New York based travel intelligence and information portal, Skift, has raised funding from Times Internet Limited. The terms of the deal do not involve a board seat. Skift, which offers…
Deal Alert: ATM outsourcing company EPS raises Rs.36-Cr more from Aavishkaar
ATM outsourcing company Electronic Payments and Services (EPS) has raised $6 million (Rs 36 crore) from Social VC fund Aavishkaar. This is the second round of funding for the start-up…
Deal Alert: Sachin Tendulkar picks up 18% in sports simulator firm Smaaash Entertainment
Crickter Sachin Tendulkar has picked up an 18% stake in Smaaash Entertainment, the sports simulation venture, started by serial entrepreneur Shripal Morakhia. Morakhia earlier founded brokerage firm Sharekhan and investment…
Deal Alert: Sequoia invests Rs.110-Cr in Vini Cosmetics
Sequoia Capital has bought a minority stake in Ahmedabad-based Vini Cosmetics Pvt. Ltd for Rs.110 crore. Of this, Rs.35 crore was used to purchase the stake of an unnamed investor.…
Deal Alert: Tata Capital, Morgan Stanley invest Rs.350-Cr in MFI Janalakshmi
PE funds including Tata Capital and Morgan Stanley Global Private Equity will pick up a significant minority stake in fourth round of funding for urban micro-lender Janalakshmi Financial Services for…
Why Canaan Partners wants to back more Online Classifieds ventures
Canaan has already invested in Indian online classifieds firms like Bharatmatrimony, Cartrade and Indiaproperty and is hungry for more investments in the segment. Alok Mittal who heads the US headquartered…
Will Indian Entrepreneurs’ Satisfaction with Small Outcomes “Scare Away” VCs to Other Countries?
From a post by Mukund Mohan of Microsoft Ventures As we start to invest in the early stage startup ecosystem in India, it is important to calibrate the possible returns…
The Math for Start Up Funding in India: Accelerators vs Angels vs VCs
Mukund Mohan of Microsoft Ventures has a numbers-based post on the probability of funding and the equity dilutions Indian entrepreneurs face depending on whether they go to an Accelerator first…
Deal Alert: Microsoft Accelerator announces 8 cos for 2013 winter batch
Microsoft will take on board 8 companies as a part of its winter batch for 2013. The companies are: AdSparx: Enables monetization for digital video delivered through the Internet for…
Deal Alert: Zodius Capital invests $3-M in analytics firm Antuit
Zodius Capital has invested $3 million (around Rs 18 crore) in Bangalore- and Singapore-based big data and analytics company Antuit. Part of the investment has been used by Antuit, founded…