Deal Alert: Samruddhi Realty files for Rs.2.6-Cr IPO
Bangalore-based residential property developers Samruddhi Realty Ltd. has filed the DRHP to issue 21,70,000 equity shares at Rs.12 per share aggregating to Rs 2.6 crore, forming 31% of the post…
Deal Alert: Nexus invests in security tech firm Armor5’s $2-M seed round
Santa Clara, California-based Armor5 emerged from stealth mode with a $2 million seed funding from Citrix Startup Accelerator, Nexus Venture Partners and Trinity Ventures. Founded by security, mobility and cloud…
Deal Alert: Blume announced investments in Gharpay, WebEngage, Printo, CareerVita, Others
VC firm Blume Ventures has released its quarterly report in which it discloses funding updates. Its previously unannounced investments in the second half of 2012 included: GharPay: The company offers…
Deal Alert: AlmaConnect raises $250,000 From CIIE-IIMA, IXORA Ventures & Others
Alma Connect, a portal that connects alumni, students & faculty, has raised $250,000 from CIIE – IIM Ahmedabad, IXORA Ventures, CountShop.com, Ixigo Co-founder Dharmendra Yashovardhan and other angel investors. This…
Deal Alert: Kyron Accelerator announces first batch
Bangalore-headquartered accelerator Kyron has announced the first batch of start-ups that include the following firms from India: Admirch Media Labs (Bangalore) – enables users to share content with people of…
Deal Alert: SVG Media invests in “India entry” digital media firm PlatformPlay
Digital media network SVG Media has invested in NetworkPlay cofounder Rammohan Sundaram’s second entrepreneurial venture, PlatformPlay. The new company, PlatformPlay Media Ventures Pvt. Ltd., will act as an entry point…
Deal Alert: Info Edge acquires semantic search firm MakeSense for Rs.8-Cr
New Delhi-based listed Info Edge (India) Ltd. has acquired Makesense Technologies Pvt. Ltd. for about Rs.8 crore. MakeSense has developed proprietary software for semantic search, which is expected to augment…
Budget Alert: Tax break for SEBI-registered angel investors
SEBI will prescribe requirements for angel investor pools by which they can be recognised as Category I AIF venture capital funds Venture Capital Funds have been allowed pass through status…
Budget Alert: Tech incubators get access to corporate CSR pool
The funds provided to technology incubators located within academic institutions and approved by the Ministry of Science and Technology or Ministry of MSME will now qualify as CSR expenditure. The…
Getting to Series A
Gaurav Saraf of Epiphany Ventures has a post in StartupCentral guiding founders to solutions to getting around the current crunch for “Series A” (first round of VC investments). Venture Intelligence…