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Tag Archives: funding
JustDial to get $15 million in second round of funding
JustDial, India’s leading directory assistant company, has almost closed it’s second round of funding and it is said that New York based Hedge Fund Tiger Management may invest $15 million in the company. The company had received $12 million from … Continue reading
BCCL picks up stake in HolidayIQ
BCCL which had earlier invested in EYantra has recently picked up 17% stake in HolidayIQ. HolidayIQ is also one of the two companies funded by Erasemic Ventures. To keep in touch with more industry news, subscribe to this blog here. … Continue reading
Nazara get another $8 million
Mobile content company Nazara Technologies, which has the mobile rights to cricketers like Sachin Tendulkar, Virender Sehwag and Mahender Dhoni is closing it’s second round of funding of close to Rs 32 crore this month. The company has registered sales … Continue reading
Cannan partners invests in Delhi based company
It had been a long time since Cannan Partners had invested in a company. The last time, they had put it close to $9 million in BharatMatrimony.in. Recently, they have invested $2-3 million in a Delhi based startup which provides … Continue reading
Sudheer Kuppam is MD of Intel Captial in AsiaPac
via ContentSutra, India’s Digital News Monitor, Published in Santa Monica, California, USA. Intel Capital, the venture capital arm of chip maker Intel, has appointed Sudheer Kuppam as managing director for India, Japan, Australasia and South-East Asia. Kuppam replaces Kumar Shiralagi, … Continue reading
Cargill Ventures investing in KPIT Cummins
KPIT Cummins announced yesterday that it has finalized negotiations with Cargill Venutures who is going to invest $4.5 million in the company, in addition to $4.5 million of warrants convertible to shares. Cargill Ventures is a venture capital arm of … Continue reading
Aloo Techie : Internet Business and Boom time
Rajesh Barnwal, from Aloo Techie.com has a really long post on the topic ‘Internet Businesses : Is the Boom real this time. The post lists the points which were discussed at the recent Venture Intelligence organized round table event called … Continue reading
Moveo gets second round of funding
Moveo systems, a Bangalore based startup has got its second round of funding from CEO’s of large Indian firms. The amount has not been disclosed. The raised amount would be used to set up a sales and marketing team. Moveo … Continue reading
Zook picks up $1.7 million in first round of investing
Mobile search company Ziva Software has raised $1.7 million in it’s first round of investing. Nadathur Holdings, a Bangalore based venture firm has funded the startup. Ziva is being incubated by IIM Bangalore’s – NSR-GIV center run by Nadathur S … Continue reading
Rajesh Jain starts venture fund called Emergic; makes first investment with Mobifusion
Rajesh Jain (the IndiaWorld founder) has floated a venture fund called Emergic Ventures, which has already made it’s first investment in Mobifusion.com, a US based mobile content and applications company. Along with other investors, they have invested $3.1 million in … Continue reading