Doug Leone of Sequoia on Indian VC
Economic Times has an interesting interview with Sequoia Capital’s Silicon Valley-based partner Douglas (Doug) Leone on the firm’s investments in India and elsewhere. Extracts (emphasis mine): On why Sequoia is…
Deal Alert: Lingerie e-tailer Cloe attracts German investors
Noida-based lingerie e-tailer Cloe has raised an investment from a group of investors in Germany “with deep roots in consumer retail and Internet”. From the Venture Intelligence PE Deal database:…
Deal Alert: Biba acquires 26% stake in fellow apparels firm Anju Modi
Retail brand Biba Apparels has acquired 26.66% stake in Anjuman Brand Designs which is engaged in the business of designing, manufacture and sale of garments under the brand name “ANJU…
Deal Alert: Fmr Infy CFO V. Balakrishnan invests in IT Services firm Avekshaa
Former Infosys board member V Balakrishnan has invested Rs 25 lakh in Bangalore-based IT solutions provider Avekshaa Technologies. Balakrishnan has joined Avekshaa’s board as an independent director and is mentoring…
Deal Alert: Seedfund invests $2-M in resort room aggregator V Resorts
V Resorts, a Noida-based company aggregating boutique hotel chains, has raised close to $2 million (about Rs. 12 crore) in pre-series A funding from Seedfund. V Resorts, founded by Aditi…
Deal Alert: SRK in a structured deal with fashion e-tailer Yepme
Bollywood actor Shah Rukh Khan (SRK) has signed on as the brand ambassador for fashion e-tailer Yepme in a deal that is structured in a such a way that lets…
Deal Alert: Online handyman service Timesaverz attracts angel funding
Mumbai-based Timesaverz, a platform to obtain people for home services, has raised seed funding from a clutch of angel investors led by former Yahoo executive Neville Taraporewalla and GSF Accelerator…
Deal Alert: OnlinePrasad taps Hyd, Chennai Angels
Hyderabad Angels and Chennai Angels – via 20 of their members including former Microsoft India Development Center MD Srini Koppulu, ex-CEO and cofounder of Sify.com R Ramaraj, Suresh Productions CEO…
Deal Alert: Ventureast Tenet to invest $1-M in online health portal MediAngels
MediAngels.com, an online platform which allows patients to consult the specialised doctors from across the globe, has raised $1 million (INR 6 crore) from Ventureast Tenet Fund and Government of…
Deal Alert: Web content protection firm ShieldSquare raises Rs. 2-Cr
Bangalore-based ShieldSquare has raised INR 2 crore from 15 investors including Girish Mathrubootham of Freshdesk; Murugavel Janakiraman of BharatMatrimony; Sanjay Anandaram of Seedfund; red-Bus founders Phanindra Sama, Charan Padmaraju and…