Is India the Next China – In Internet & Mobile investing terms?
Here’s an extract from the Rise Capital Blog: … the differences between China and India matter just as much as the similarities. We believe that there will be quite a…
What the Flipkart & Snapdeal fairy tales of 2014 mean for Entrepreneurship in India
By Arun Natarajan An abridged version of this article appeared in the Business Line dated Jan 13, 2015 Home grown E-Commerce leaders Flipkart and Snapdeal between them raised almost $3…
Deal Alert: Mobile SDK maker AppVirality raises $465-K from IIG, TNN Capital, angels
Mobile app development software maker AppVirality has raised $465,000 in seed funding from India Internet Group, TNN Capital and other investors including Rajan Anandan, managing director of Google India; Mike…
Unraveling Oravel’s founder
The Mint has a detailed profile of the founder of Venture Capital-backed budget hotels aggregator Oravel (now, OyoRooms) titled “Will the real Ritesh Agarwal please stand up?”. The piece makes…
Deal Alert: Snapdeal founders invest in apparel e-tailer Bewakoof.com
Snapdeal founders, Rohit Bansal and Kunal Bahl have made an investment in Mumbai-based Bewakoof Brands Private Limited, the company behind online apparel portal Bewakoof.com. Source: Times of India Venture Intelligence…
Deal Alert: Peer to peer lender Faircent.com raises funding from MFI execs
Gurgaon – based peer- to-peer lending pioneer Faircent.com has raised capital at an enterprise valuation of $4 million from Devesh Sachdev and Ashish Tiwari, promoters of Fusion Microfinance Pvt Ltd.…
Deal Alert: Healthstart, others invest $135-K in wellness startup Gympik
Bangalore-based Gympik Health Solutions, which owns and operates online marketplace-cum-ecosystem for fitness & wellness service providers Gympik.com, has raised $135,000 (about INR 86 lakh) from healthcare accelerator Healthstart and a…
Deal Alert: Fashion portal Purplle.com gets funding from IvyCap
Fashion portal Purplle.com has raised its first round of institutional funding from IvyCap Ventures. The funds will be used to create a TripAdvisor-like marketplace for discovery of beauty and grooming…
Deal Alert: Canbank VC picks 5% in engg. pdts maker Anand Teknow for Rs 16-Cr
Canbank Venture Capital Fund Limited (CVCFL) has invested INR 16 crore in return for a 5% stake in Anand Teknow Aids Engineering India Ltd, a Rs 300-crore closely-held public limited…
Deal Alert: Fashion social network VioletStreet raises Rs.2-Cr
Fashion social network VioletStreet.com has raised Rs. 2 crore in an angel round led by Venkat Vallabhaneni with participation from Srinivasa Rao Paturi. The company will utilize the funds to…