Category Archives: Funding

Indian Startup Funding Related News.

Desktop Virtualization Startup, Nivio Secures $21mn from Videocon and AEC Partner

Desktop Virtualization Startup, Nivio Secures $21mn from Videocon and AEC Partner

Desktop virtualization company, Nivio has raised $21mn in Series A from Videocon and AEC Partner, a US based PE firm. The investment will support nivio’s mission to bring the magic back to computing, by expanding engineering efforts in nivio’s Palo … Read More »

   

Exclusive: Myntra Secures $20mn funding, Targets INR 500 Crores Revenue in FY 2012-13.

Exclusive: Myntra Secures $20mn funding, Targets INR 500 Crores Revenue in FY 2012-13.

Confirmed sources tell us that Bangalore based Myntra has raised $20mn, led by Tiger Global. In the last round (Nov 2010), Myntra raised $14mn and in 2008, raised $5mn from NEA-IUV, IDG Ventures and Accel. Myntra started as a custom … Read More »

IAN Invests in Gaming Startup, Gamiana

IAN Invests in Gaming Startup, Gamiana

Indian Angel Network, IAN has invested under a million US dollars in Mumbai based gaming start-up, Gamiana. Gamiana or House of Games, derived from Games and Aashiana (house), is one of the first companies in India to offer multi-player platforms … Read More »

Flipkart Raises $150mn at a Valuation of $850mn

Flipkart Raises $150mn at a Valuation of $850mn

We have been in the know that Flipkart’s talks with General Atlantic failed at the last moment owing to valuation numbers and they instead raised the next round from existing investors, i.e. Accel Partners and Tiger Global Management. Mint reports … Read More »

Indian Angel Network invests in Peel-Works: Salesforce talent transformation & BPO firm

Indian Angel Network (IAN) has invested a sub $1 million in a Salesforce Talent transformation and BPO company, Peel-Works. Set up by a team of management graduates with extensive experience in the FMCG sector in the Human Resources and Sales … Read More »

Freecharge Secures INR 20 Cr Series A Funding from Sequoia Capital

Freecharge Secures INR 20 Cr Series A Funding from Sequoia Capital

Freecharge, a site that allows consumers to recharge their mobile has secured INR 20 Cr (~4mn) funding from Sequoia Capital. Freecharge has developed a unique business model (hint: they are not in the business of recharge)and the company has partnerships … Read More »

Online Jewellery Store, BlueStone Secures $5mn Funding from Accel Partners and Meena Ganesh

Online Jewellery Store, BlueStone Secures $5mn Funding from Accel Partners and Meena Ganesh

Online jewellery store Bluestone.com has secured $5mn funding from Accel Partners and Meena Ganesh, CEO & MD of Pearson Education Services. BlueStone is founded by Vidya Nataraj and Gaurav Kushwaha and offers latest jewellery designs and a wide range of … Read More »

Sequoia Capital Invests INR 35 Crores in Knowlarity, Cloud Telephony Startup

Sequoia Capital Invests INR 35 Crores in Knowlarity, Cloud Telephony Startup

Sequoia Capital has invested INR 35 Crores in Knowlarity, cloud telephony startup. Started in 2009, Knowlarity has launched couple of products focused on SMBs (SuperFAX, VirtualReceptionist, SuperConference). The company claims to have over 40,000 clients across different sectors (including Pepsi, … Read More »

eTechies Secures $2 mn Series A funding from Inventus Capital Partners

eTechies Secures $2 mn Series A funding from Inventus Capital Partners

eTechies, managed IT helpdesk for SMB and Consumer segment has raised Series A, $2mn funding from Inventus Capital Partners. eTechies.in is India’s first organized “Door-step, Online and phone” technical support & repair service for Desktops, Laptops, Printers and other digital … Read More »