Exfinity, the early-stage venture capital fund formed by IT Services sector veterans including T.V. Mohandas Pai, Girish Paranjpe and V. Balakrishnan, has announced the closure of the first fund of…
Mumbai-based in-stream video ads technologies provider AdSparx has raised an angel round of Rs. 3.5 crore led by Indian Angel Network, followed by Mumbai Angels and GrowX Ventures. Started by…
Enterprise software maker Covacsis Technologies has received INR 7 crore in second round funding led by Mukesh Ambani-promoted GenNext Ventures and with participation from Cisco and existing investor Blume Ventures.…
Nykaa.com, the beauty e-commerce portal promoted by investment-banker-turned entrepreneur Falguni Nayar, has raised funds from investors including a family office and a hedge fund. The new investors will together hold…
Sumanth Raghavendra (founder of Qualcomm Ventures-backed Mobile Apps firm Deck.in) offers an interesting “defense” of the (Accel India & Tiger Global backed) Flipkart-Myntra merger from the “attack” by (Seedfund Partner)…
Lithasa Technologies, which runs a networking platform for scholars and researchers called InvenZone, has raised angel funding from VentureNursery Angels. The backers include Yahoo! India senior director Vishal Maheshwari, Aditya…
Accel-funded Healthcaremagic.com, an online medical advisory service, has been acquired by Ebix, international supplier of on-demand software and e-commerce services to the insurance, finance and healthcare industries. Ebix has paid…
IFC proposes an equity investment of $21 million in Gurgaon-based Samhi Hotels which is executing an expansion project, including to develop/acquire hotel assets across India including in Tier I and…
SkillBoost, a startup founded by ISB grad Abhinav Verma, a training firm focused on Microsoft Office applications, has raised its first round of funding from private investors. The company will…
Online exam preparation platform Toppr has raised $2 million from Saif Partners an Helion Ventures. It plans to invest the funds in developing content and opening up new distribution channels.…