Omidyar Network, via ON Mauritius Business, has picked up a 29.33% stake in NeoGrowth, a Mumbai-based NBFC which lends to small and medium sized retailers, for Rs.17 crore. NeoGrowth has…
The Indian Angel Network (IAN) has invested in IndiaCollegeSearch (ICS), an online service that helps students with college admissions. IAN members investing in the company include Vikram Kant Upadhyaya, Anupam…
Mumbai-based social media agency Gozoop has bought Bangalore-based Red Digital, a media agency with clients across the entertainment and technology industries, for about Rs.7 crore. Red Digital currently manages digital…
Mumbai-based online graphic art marketplace Crude Area has raised angel funding from a clutch of investors including the founders of Webchutney and two angel investors from the US. The funds…
Mobile accelerator Tandem Capital has added Shoptimize, a Pune-based mobile commerce platform for its six month program. Targeted at traditional merchants in emerging markets, Shopitimize is a mobile first SAAS…
Pune-based shopping discovery platform Wicfy has secured follow-on funding from multiple investors including Silicon Valley–based Ecosystem Ventures, Everest Management Fund (Switzerland) and angel groups based out of Singapore and India.…
Chennai-based preventive diagnostics start-up XCode has raised Rs 1 crore in additional angel funding from US-based Shead Holdings and an individual investor. The capital will support the company’s upcoming launches…
Goa-based Cubito, which offers shared cab services, has raised over Rs.1 crore in angel investment and has expanded its services to Bangalore. Cubito pools people sharing the same route and…
Tata Elxsi, part of the $100 billion Tata group, has inducted business telephony solutions provider Big V Telecom into its incubator programme. Big V telecom is founded by Keshor Daga,…
Tookitaki, a social targeting and advertising optimisation platform operated by Kolkata-based startup Social Audience Pvt Ltd, has received $200,000 from a consortium of investors including Blume Ventures, India Internet Group,…