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…
Deal Alert: India Innovation Fund invests in life science technology company Shantani Proteome Analytic
From the Press Release: With it’s focus on supporting innovation driven start-ups in technology and life sciences with early stage investment, the India Innovation Fund (IIF) (www.indiainnovationfund.in) along with Blume…
VCs make 100 investments worth $363-M in first half of 2012
Volume of investments keeps pace with 2011; Deal Value comes down Venture Capital firms invested $363 million across 100 deals in India during the six months ending June 2012, according…
Deal Alert: Nexus participates in Aryaka Networks’ $25-M 3rd round
From the Press Release: Aryaka (www.aryaka.com), the world’s first cloud-based WAN optimization as-a-Service, today announced it has secured a $25 million Series C funding round led by InterWest Partners, with…
Slowdown in PE continues; quarterly investment dips 34% to below $1.9-B
Private Equity firms invested about $1,848 million across 102 deals during the quarter ended June 2012, according to a study by Venture Intelligence (http://www.ventureintelligence.in), a research service focused on Private…
Deal Alert: Rajasthan Venture invests Rs. 20 crores in International Oncology
From the Press Release: Jaipur-based Rajasthan Venture Capital Fund (RVCF) has invested Rs 20 crores in International Oncology Services Private Limited (IOSPL), a super specialty cancer care company for an…
A Nation of App Developers?
Looks like the built-in business model in the mobile apps space (unlike the Internet where everything is expected to be free) is unleashing an entrepreneurial wave across the country. From…
Happening Desi FMCG Companies
Business Today has a cover story on various regional Indian FMCG companies – including Vi-John |Havmor | Sakthi Masala | Mapro | Dantadhavanachoornam | Sosyo | Wagh Bakri | Kalimark…
Deal Alert: OneAssist gets funded by Sequoia and Lightspeed Advisors
From the Press Release: OneAssist Consumer Solutions Pvt Ltd, an assistance company, was founded in 2011 by Gagan Maini and Subrat Pani and has Sequoia Capital and Lightspeed Venture Partners…
Deal Alert: CloudByte Receives $2.1 mn Series A funding from Nexus Venture Partners
From the Press Release: CloudByte Inc., building next generation storage virtualization products, announced that it has raised $2.1 million in a Series A funding led by Nexus Venture Partners. Kae…