The government is considering setting up Angel/Venture funds for electronics-specific firms in the next few months. A detailed project report for setting up a Rs.10,000 crore EDF is being examined.…
Market regulator SEBI has approved India’s first social venture fund, Incube Connect Fund, which seeks to collect Rs.200 crore for investment in four sectors impacting the life of people. The…
Mumbai-based real estate portal Housing.co.in has raised angel funding from eight investors led by Zishaan Hayath, who’s the co-founder of the Future Bazaar acquired Chaupati Bazaar. The other investors include…
Bessemer Venture Partners has extended Series A financing to Mumbai-based Anunta Technology Management Services. Founded by Ananda Mukerji, founding CEO of Firstsource Solutions, and Sanjiv Dalal, ex-CTO of Firstsource Solutions…
Kolkata-based healthcare provider iKure TechSoft has received an investment from angel investor group Intellecap Impact Investment Network (I3N). Launched in 2011, I3N comprises individuals and institutional investors looking to invest…
Mumbai-based IntelleGrow, a venture debt-financing company for small and medium enterprises (SMEs), has raised Rs.10 crore from the Michael and Susan Dell Foundation (MSDF). IntelleGrow, promoted by investment banking services…
San Francisco-based Burrill & Company has completed a Series B round of financing in Bangalore-based Strand Life Sciences. Burrill, a diversified global financial services firm focused on the life science…
MasterCard Advisors, a division of NYSE-listed MasterCard, has acquired an equity stake in Bangalore-based analytics firm Mu Sigma. The partnership seeks to combine MasterCard Advisors’ purchase behavior insights with Mu…
Cadence Design Systems, Inc., a leader in global electronic design innovation, has acquired Cosmic Circuits Pvt Ltd, a provider of analog and mixed signal intellectual property (IP) cores. Cosmic Circuits…
Kabir Misra, managing partner at SoftBank Capital and president/CEO of SB China and India Holdings, which manages Bodhi Investments LLC, has joined Softbank’s $250 million SoftBank PrinceVille Investments, L.P. fund.…