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…
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…
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…
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…
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…
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…
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…
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…
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…
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…