Bangalore-based Chumbak Designs has received a second round of funding from venture capital firm Matrix Partners and existing investor Seedfund. The funding will be used by Chumbak to ramp up…
From an interesting article in today’s Economic Times on how TV shopping in India is growing simultaneously with e-commerce and the contrasting approach adopted by the two types of vendors.…
Pinnacle Engines, a San Carlos, California based developer of ultra efficient engine designs, has raised a Series C funding round from Mitsui Global Investment, Ventureast and an unnamed strategic OEM…
Helion Venture Partners is investing about INR 25 crore in enterprise mobility company RapidValue, which helps companies migrate their business operations to laptops, tablets and smartphones. The company, which has…
India Drivers Network Services, which owns and operates mGaadi, a mobile commerce ordering service for auto rickshaws, has raised seed funding from impact investment firm Unitus Seed Fund. Proceeds from…
Bangalore-based online fund-raising platform, LetsVenture has raised Rs. 4 crore money from a syndicate of angel investors as it seeks to broaden the scope of its deal-making services. The funders…
Intellecap has announced the launch of StartupWave, new virtual incubation platform built with support from GIZ and DFID. Startup Wave has been designed in partnership with over 100 startups, incubators,…
Zostel, a chain of backpacker hostels for young travellers, has raised Rs 5 crore in a first round of funding from Malaysia-based angel investor Presha Paragash. Founded in August last…
UK-based pharma firm NRIM has picked up 14,195 equity shares (a 10% stake) for INR 13 Cr (at INR 915 per share) in Mumbai-based Kinedex Healthcare Pvt. Ltd., regulatory filings…
LimeRoad, India’s largest online social discovery platform for women, today announced that it has raised a Series B round of USD 15 Million led by Tiger Global, with participation from…