“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…
Deal Alert: Omidyar invests in media start-up Scroll.in
Omidyar Network, promoted by eBay founder Pierre Omidyar, has invested in start-up news and commentary website Scroll.in. The investment was made into Scroll India’s US-based parent, Scroll Media Inc. Scroll…
Deal Alert: Mobile travel marketplace SeekSherpa raises angel investment
Delhi-based mobile travel marketplace SeekSherpa has raised seed investment from a group of angels associated with early-stage accelerator VentureNursery. The company will use the funding to expand operations and for…
Deal Alert: New Biotech accelerator invests in Lucep, SKL Medtech, Bugworks
A new incubator set up by entrepreneurs in the biotechnology sector has invested in software product company Lucep, which is looking to enter the healthcare segment; Coimbatore-based SKL Medtech, which…
Deal Alert: RoomnHouse.com raises Rs. 1-Cr from Euphoria Venture
Property portal RoomnHouse has raised funding of close to Rs. 1 crore from Euphoria Ventures through a bridge round to expand its operations. Angel funded by Euphoria Ventures CEO Ashish…