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…
Luis Miranda On Valuations
Former IDFC PE CEO Luis Miranda has started a on the Forbes India web site with a post on (what else?) valuations. And, given the topic, it’s no surprise that…
Deal Alert: YourNest Angel Fund invests in Mycity4kids
From the Press Release: Just4Kids Services Ltd, the parent company that owns the mycity4kids brand, has raised funding from YourNest Angel Fund, an early-stage venture capital fund. mycity4kids is a…
Harsh Mariwala launches entrepreneur mentoring foundation Ascent
To start with Mumbai- & Pune-based entrepreneurs Harsh Mariwala, who has steered Marico to grow in sales from Rs. 40 lac in 1971 to Rs. 4,000 crore today, has launched…