20
Feb
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Blackstone, the world leader in private equity is investing $50 million in Pune based Emcure pharma.
(Link)

Google has invested in two Indian VC funds, Erasmic and Seefund.

Seedfund is looking to invest in 15-20 Indian companies in the range of $500k.
Erasmic has invested in two companies, one of which is holidayIQ, whose ads keep showing up in most travel blogs all the time. Though I am not sure how much did they get.

Has anybody heard of an Indian company get funded in the range of $50-80k?
Who funded them?


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