Deal Alert: TLabs graduates 5th Batch
Noida-based TLabs Accelerator, a part of the Times Group, has graduated its fifth batch of startups. The seven graduating startups received an investment of about INR 10 lakh each. The…
Deal Alert: AntFarm raises Series A funding from Bay Capital, Hausela Capital
Former Times Internet CEO Rishi Khiani’s incubation firm AntFarm has raised Series A funding from Bay Capital and Hausela Capital Partners. It plans to use this investment to build new…
Deal Alert: Edu start-up SmartOn makes it to Techstars EdTech accelerator
Bangalore-based education start-up, SmartOn has been selected to TechStars Kaplan Global Edtech Accelerator (3 months programme) for 2014. SmartOn, as part of the programme, will receive $20k from Techstars in…
Deal Alert: SME lender Capital Float raises Rs. 6-Cr from SAIF Partners
Bangalore-based Zen Lefin, which owns and operates online SME lending platform Capital Float, has raised INR 6 crore from SAIF Partners. The funding is the latest tranche of round which…
“Indian E-Commerce Funding Buzz Reaches Manhattan”
So informs Shyam Kamadolli of Fidelity’s Private Equity arm in his blog post titled “India’s Internet – the second gold rush”. Extracts: Last week, on one of the hottest afternoons…
Deal Alert: App development firm AppDra raises $1.5 M thru crowdfunding
AppDra Software Solutions Pvt Ltd, a Bangalore and US-based app development start-up, has raised $1.5 million in Series A financing via Becovillage, a crowd-funding platform. Co-founded by Raghavendra Prasad and…
Deal Alert: SocialCops raises $320-K from 500 Startups, Rajan Anandan, others
SocialCops, a data and analytics startup, has secured a seed funding of $320K from 500 Startups, Rajan Anandan, Manoj Menon and others. It leverages the power of technology, mobile and…
Deal Alert: IDG, Inventus invest $2-M in data analytics firm Peel-Works
IDG Ventures India and Inventus Capital Partners have invested $2 million (about Rs 12 crore) in Mumbai-based SaaS and big data analytics venture Peel-Works. Proceeds from the Series A round…
Fund Alert: Wipro sets up $100-M VC fund
Bangalore-based IT services Wipro, has set up a venture capital fund that will look at investing in early-to-middle stage technology start-ups globally. The initiative is being driven by Chief Strategy…
Deal Alert: Chennai Angels invests in Hyd-based solar products firm Fourth Partner Energy
Hyderabad-based renewable energy services start-up Fourth Partner Energy (4PEL) has raised a series-A funding of Rs 3 crore from the Chennai Angels. The start-up, co-founded by Vivek Subramanian, who earlier…