Fund Alert: Bill Gates invests in Unitus Seed Fund
Bill Gates has made a personal investment in impact investment fund Unitus Seed Fund. Unitus invests in India through two funds — Unitus Seed Fund India, a Sebi-registered venture capital…
Deal Alert: Online clothing brand VoxPop raises Rs.6-Cr in fresh funding
Web-only merchandising brand VoxPop Clothing has raised INR 6 crore ($1 million) led by existing investor Blume Ventures. The funds would be utilised to increase product category in higher margin…
Deal Alert: YourNest, Udaan Angel Partners invest in online ads firm NLPCaptcha
Simpli5d Technologies, which operates digital ad platforms like NLPCaptcha, NLPVideo and NLPMobile, has raised seed funding led by Your Nest Angel Fund with participation from Udaan Angel Partners. The funds…
Deal Alert: USF invests in e-marketplace operator for mini-trucks Blowhorn
Unitus Seed Fund has led the seed round investment in Bangalore-based Blowhorn, an online marketplace for last mile logistics. Blowhorn offers a tech platform connecting owners of mini-trucks to consumers…
“Incremental reforms will push up growth, but fail the youth”: Former Chief Economic Adviser Shankar Acharya
Writing in Business Standard, former chief economic adviser to the government Shankar Acharya has evaluated the notable economic and financial developments during the first six months of Modi Sarkaar. Extracts:…
Deal Alert: Kalaari Capital leads Series A funding for online payments firm Instamojo
Kalaari Capital is leading the Series A funding for Mumbai-based Instamojo with participation from existing investors Blume Ventures and 500Startups. Two-year-old Instamojo helps small business owners, like private tutors and…
Deal Alert: Outbox Ventures, angels invest $400-K in travel site Tripoto
Travel community portal Tripoto has raised seed level funding of $400,000 led by Outbox Ventures with participation from Palaash Ventures and angel investors. Tripoto provides a platform for travellers to…
Deal Alert: Nexus Venture Partners invests in SDN Analytics company Arkin Net
Arkin Net is coming out of stealth mode with $7 million in funding, led by Nexus Venture Partners,to revolutionize the Software-Defined Networking (SDN) market – projected to be $8B by…
Deal Alert: Bookmycab acquires Hyderabad’s CabonClick.com
Mumbai-based Bookmycab.com has acquired Hyderabad-based CabonClick.com, an fellow online taxi booking service provider. The acquisition gives Bookmycab access to over 150 cabs. Bookmycab plans to increase the number up to…
Selling a Rs.400 bulb for Rs.10 and other Brilliant Ideas to Reduce the Fiscal Deficit
Dr. Ajay Shah has timely and extremely well argued post on the government’s plans to subsidise LED bulbs costing Rs.400 to be sold for Rs.10! Hopefully the decision makers will…