Sun keeps media in the dark on the Ranbaxy deal
“Sun Pharma bought Ranbaxy for $4 Billion? Holy Shit!” It was clear that this Private Equity fund manager hadn’t heard of the deal as of 9.30 am on Monday, April…
Will Dr.Rajan wake up to the Exodus of SaaS Startups?
As an email addict, I’m only happy to have my credit card get charged automatically by Google (for extra storage) and Boomerang (a cute little Gmail management tool) – both…
Deal Alert: ElasticBox Secures $9M In Funding led by Nexus Venture Partners
ElasticBox, the company that enables developers and enterprises to create, deploy and manage applications quickly and easily, is announcing that it has closed a nine million dollar Series A funding…
External environmental challenges faced by startups in India
Entrepreneurs like Sanjiv Bikhchandani of Naukri, Murugavel Janakiraman of Matrimony, the Bansals of Flipkart; VSS Mani of Justdial, etc. deserve massive admiration. What they have achieved is more like conquering…
Deal Alert: Rajasthan Venture Capital Fund (RVCF) invests in Pune based SoftTech Engineers Pvt. Ltd.
RVCF has invested for significant minority stake from SME Tech Fund in Pune based SoftTech Engineers Pvt. Ltd., which is India’s leading Civil, Construction and Infrastructure ERP Software Product Company.…
Deal Alert: E-Grocer Greencart.in raises $1.5 M
Online vendor for fresh fruits and vegetables Greencart has secured US $1.5 million in its first round of funding from Techno Group. The funds will be used in expanding operations…
Deal Alert: Ronnie Screwala, K Ganesh back media startup Oximity
Angel investors Ronnie Screwvala and K Ganesh have seed funded Oximity, a global online media startup for user-generated news. Co-founded by former Wall Street banker Sanjay Goel and German IT…
Deal Alert: Indix closes Series A-1 with $9mn from Nexus Venture Partners & Avalon Ventures
Indix Corporation, a SaaS + Big Data product intelligence platform company, today announced that it has closed $8.5 million of a $9 million Series A-1 round of financing,co-led by Avalon…
Deal Alert: Seven start-ups make it to TLabs Accelerator’s Batch 5
TLabs, the start-up accelerator run by Times Internet has announced its 5th batch. Here are the details of the firms in the Spring 2014 batch: Fashupp: a social fashion platform…
Deal Alert: Chennai Angels, Lok Capital invest Rs 5.7 cr in Everest Edusys
Chennai-based Everest, which works under the brand QED has developed a range of tools that have been used at by over 20,000 children in 100 schools so far. About a…