IFC is to invest in Chennai-based microfinance firm Suryoday Microfinance Pvt. Ltd. via quasi-equity and senior debt. Suryoday has a borrower base of approximately 145,000 borrowers and a gross loan…
New-Delhi based online marketplace Snapdeal has raised $50 million from eBay and existing investors, including a Japanese financial institution. The investment, which was closed around 4 months back, was led…
Scions of five very wealthy Marwari business families – the Kanorias, Salarpurias, Dalmias, Patodias and Kayans – have formed an angel investment group, christened Calcutta Angels. The group has formed…
Prana Studios, backed by Mukesh Ambani and Anand Mahindra, has won the bid to purchase bankrupt Rhythm & Hues, which recently won the visual-effects Oscar for Life of Pi, pipping…
A good summary of the Stanford ecorner talk by the publisher-conference organizer-venture capitalist is available here. Audio/Podcast version and shorter video segments are available from the Stanford ecorner web site…
Another fun show. McClure mentions during the interview how and why 500 Startups is headed to India (and is skeptical of China). Venture Intelligence is the leading provider of data…
Chris Sacca of Lowercase Capital is an investor in several well known US consumer web, mobile, and wireless technology startups like Twitter, Kickstarter, Uber, etc. A lawyer by education, he…
UK-based digital brand integration specialist MirriAd has attracted a £3.6 million (about Rs.30 crore) as a strategic investment from publicly listed Zee Entertainment Enterprises Limited and Zee’s wholly owned subsidiary…
In its meeting of March 6, the FIPB has approved SIDBI Social Venture Trust, Mumbai to allot Class A units of the fund to bring foreign investment worth Rs.285 crore.…
Bangalore-based Tuebora, which provides security software as a service to businesses, will become the second Indian venture (after Grexit in 2011) to join US-based Citrix Startup Accelerator. Apart from a…