Inbound Interest from (an Associate at) a VC firm…its meaning and worth for Entrepreneurs
Vijay Anand of accelerator The Startup Centre has an interesting post on how entrepreneurs often end up wasting precious time by getting all excited about the research expeditions of associates…
Deal Alert: Intel invests $16-M across SnapDeal, Bright Lifecare, Singapore’s Reebonz
Intel Capital has made three investments totaling $16 million in Asia’s e-commerce segment. These include Delhi-based SnapDeal, owned by Jasper Infotech, Gurgaon-based Bright Lifecare and Singapore-based Reebonz.com. The funds will…
Deal Alert: Games2win acquires Delhi-based studio Backyard Game FactorRy
Mumbai-based gaming company Games2win India Pvt Ltd has acquired Backyard Game FactorRy, a casual games studio based in Delhi. Backyard Game FactorRy was founded in 2010 and builds web and…
Deal Alert: Just Dial gains 19% on listing
The Internet and mobile-based search company Just Dial gained about 19% in intraday on its first day upon listing. The company’s opening price on listing was Rs 590 on the…
Deal Alert: Digital ad network Adfederal Media merges with Lyxel Digital; combo to raise funding
Delhi-based digital ad network AdFederal Media has merged its operations with Gurgaon-based Dynamis Partners backed proprietary digital advertising start-up Lyxel Digital. Founded in 2010, AdFederal focuses on behavioural analytics based…
Deal Alert: Nexus Venture Partners invests in Housing.co.in
Housing.co.in secures $2.5m funding from Nexus Venture Partners To establish Data Science Lab (DSL) and develop breakthrough new technologies Housing.co.in, the fastest growing completely map based real estate search portal…
Deal Alert: Canada’s Valent acquires online luxury portal Bornrich
Online luxury publication, BornRich.com, has been acquired by the Canadian-based internet firm Valnet Inc. The online magazine, featuring lifestyle content, has a global reach of over 2.5 million readers with…
Deal Alert: Wipro invests $5-M in M2M platform provider Axeda
Wipro has made a $5-million investment for a minority stake in Axeda, a provider of cloud-based service and software for managing connected products and delivering machine-to-machine (M2M) applications. Wipro has…
Deal Alert: Car sharing service Zoom raises $30K angel funding from Larry Summers
Bangalore-based ZoomCar India Pvt Ltd, which operates the membership-based car rental service ZoomCar.in, has raised $30,000 in angel funding from the former US treasury secretary Larry Summers in the form…
Deal Alert: Blue Star Infotech invests in analytics firm Activecubes
Publicly listed Software services and solutions provider Star Infotech has bought a stake in Activecubes Solutions India. Started in 2007, Bangalore-based Activecubes provides business intelligence and analytics services to clients…