Fund Alert: Unitus Seed Fund received $7-M in addl commitments
Unitus Seed Fund has secured an additional $7 million in commitments for a total of $20 million for its India-focused Micro VC fund. New institutional investors include Michael & Susan…
Deal Alert: IDG Ventures, angels invest in online recruitment service myNoticePeriod
Recruitment startup myNoticePeriod.com has raised over INR 2 crores in seed funding led by IDG Ventures India. Other investors include Prashant Kirtane, CTO and cofounder of travelmob.com, Shamsunder Talreja, owner…
Deal Alert: CCube Angels increases stake in Tier II cities focused e-tailer edabba.com
Singapore-based angel investing group CCube Angels is raising its stake to 25% in Delhi-based start-up Omnipresent Retail India, which runs online retail portal edabba.com. Edabba sells a range of products,…
Dela Alert: Meena & K Ganesh launch online furniture marketplace HomeLane
Serial entrepreneur-couple K Ganesh and Meena have acquired Bangalore-based offline design firm Bello Interiors Pvt Ltd and rebranded it as HomeLane, an online marketplace for fixed furniture. The husband-wife duo…
Fund Alert: Fmr IEP executives float new PE firm Carpediem Capital
Former India Equity Partners (IEP) professionals have launched a new India-focused PE firm Carpediem Capital. Arvind Nair (formerly Operating Partner at IEP) is the Chairman of the new firm while…
Fund Alert: Appurify founder Rahul Jain to raise $50-M fund
Silicon Valley entrepreneur Rahul Jain, who co-founded app testing start-up Appurify that was recently acquired by Google, plans to raise $50 million to invest in Indian start-ups. The fund would…
Roundup on Crowd Funding
The Economic Times recently did a full page roundup. Online version available here Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity,…
Deal Alert: Price comparison service PriceBag.com raises $2-M
Gurgaon-based Accentium Web, founded by Vivek Pahwa, which operates the product discovery and price comparison portal PriceBag.com, has raised $2 million in angel funding. The funds will primarily be used…
Deal Alert: SRI Capital invests in US-based machine data analytics firm Glassbeam
Santa Clara, CA (USA)-based machine data analytics company Glassbeam, Inc. has received $2 million in additional funding from investors including SRI Capital. SRI capital founder Sashi Reddy has joined the…
Deal Alert: 8 start-ups join Pitney Bowes accelerator program
Pitney Bowes has announced 8 startups that will join Pitney Bowes Accelerator program in India. The 8 startups are: RetailNav, a solution for retail shopping with unique in-store location-based analytics.…