Geothermal Cooling Startup GIBSS
Business Today has a profile of Mumbai-based start-up Green India Building Systems and Services (GIBSS) which uses geothermal technology to slash the power requirements of air conditioners. In a conventional…
ReGen rides the wind
Business Today has an article on the Wind Energy sector with a special focus on the rise of ReGen Powertech (which is backed by PE investor Everstone and the Nuziveedu…
Deal Alert:UrbanLadder raises funding from IndoUsVenture Partners
From the Press Release: Recently launched UrbanLadder.com, led by Ashish Goel, (ex –McKinsey, ex-COO of ACK Media); and Rajiv Srivatsa (ex-Yahoo) announced today that the company has raised $1 Million…
Small retailers enjoying VC-funded e-tail discounting
Businessworld has an amusing article on how small retailers are having a great time enjoying the (VC-funded) discounts offered by e-tailers. Heavy discounts, offers on first-time registration, and cash-back vouchers…
Jain Irrigation’s stumble and recovery
Bhavarlal H. Jain, Founder-Chairman of publicly listed Jain Irrigation provide an interesting first person account in Business Today. Between 1992 and 1994 we acquired an IT company, took a granite…
The rise of boutique investment banks
Business Today has a cover story on the phenomenon. Among the “bigger boutiques”, Veda Corporate Advisors, set up by C. Venkat Subramanyam and M. Vinod Kumar, who have been together…
Deal Alert:Acumen Fund Invests INR 1.5 Crore ($300K) in Edubridge Learning
From the Press Release: Acumen Fund, a pioneering nonprofit global venture fund addressing poverty across Africa and South Asia, today announced a INR 1.5 Crore ($300K) equity investment in Edubridge…
“Leveraged stock purchase led Arvind Rao to go astray”: Forbes India
Forbes India has an article on the series of events leading to the recent controversial exit of Arvind Rao, Co-founder & CEO of listed Mobile VAS firm OnMobile. On November…
VC Interview: Shailendra Singh of Sequoia Capital India
In a recent interview to Venture Intelligence, Shailendra Singh discussed some of the firm’s newer investments in the early stage segment including in the online payments space, the progress at…
Deal Alert: Bookmycab.com –Mumbai’s First and Only Call Taxi Service Raises Funding from YourNest Angel Fund and Mumbai Angels
From the Press Release: YourNest Angel Fund, an early stage venture capital fund has invested in Bookmycab.com, which offers lowest fare among all cab operators in Mumbai. Bookmycab.comoffers local travel…