India a highly competitive market for VCs with only a few success stories: IFC's Jinsi

June 27, 2016 | Joseph Rai

IFC's venture capital arm has increased the pace of its investment in the past years and India, along with China, continues to be its biggest market.

Exclusive: Sixth Sense Ventures raises debut VC fund

June 24, 2016 | Debjyoti Roy

Sixth Sense Ventures, a consumer sector-centric venture investment firm, has made the final close of its debut fund last week, after resizing the target corpus, a top company executive told VCCircle.

Exclusive: Self-publishing platform Pratilipi gets seed funding from Nexus Venture, others

June 24, 2016 | Nishant Sharma

Pratilipi, a Bangalore-based self-publishing e-platform, has raised about Rs 6.3 crore ($925,000) in seed funding from Nexus Venture Partners and other investors, a person privy to the development told VCCircle.

Exclusive: Scrap collector Kabadiexpress gets seed funding

June 24, 2016 | Disha Sharma

Kabadiexpress, a startup which collects scrap from homes and offices and sells it to recycling plants, has raised Rs 1 crore (about $147,000) from a Delhi-based affluent individual in the real estate segment, co-founder Kapil Bajaj told TechCircle.

Exclusive: On-demand driver app Drivify gets funding from Citrus Pay founder

June 24, 2016 | Arti Singh

Mumbai-based startup DR Mobility Solutions Pvt. Ltd, which runs on-demand driver app Drivify, has raised $50,000 (Rs 3.4 lakh) in seed funding from Citrus Pay founder Jitendra Gupta and a high net-worth individual Pankaj Tripathi.

JSW's venture capital fund gets SEBI nod

June 23, 2016 | PTI

JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi to begin investing in the country.

Nandan Nilekani invests in eye-care chain Drishti

June 23, 2016 | Joseph Rai

Disha Medical Services Pvt Ltd, an eye-care chain focused on providing affordable treatment in underserved markets under the brand Drishti, has received funding from former Infosys CEO Nandan Nilekani, it said in a statement.

Will Brexit impact Indian markets?

June 23, 2016 | Shruti Jain

The world is watching closely on whether the United Kingdom will continue to remain a part of the European Union (EU) or exit it.

Indian Angel Network backs AI startup Staqu

June 23, 2016 | Priya Prasad

Gurgaon-based Staqu Technologies Pvt. Ltd, an artificial intelligence (AI) focused startup working on automated image understanding technology, has raised an undisclosed amount of funding from Indian Angel Network (IAN).

Logistics management startup FarEye raises $3.5 mn from SAIF Partners

June 23, 2016 | Arti Singh

Software-as-a-service (SaaS) based mobile workforce management platform FarEye has raised $3.5 million (around Rs 20 crore) in its Series A funding round from SAIF Partners.

Exclusive: Ed-tech startup Uolo raises seed funding

June 23, 2016 | Disha Sharma

Ed-tech startup Uolo Technology Pvt. Ltd, which runs an app that allows schools and parents to communicate with each other, has raised $210,000 (around Rs 1.4 crore) in seed funding from Purvi Ventures, Sunstone Business School director Rajul Garg, and Vipin Arora.

Infibeam to invest $8.9 mn in payment gateway CCAvenue

June 22, 2016 | Arti Singh

E-commerce firm Infibeam Incorporation Ltd has decided to invest Rs 60 crore (around $8.9 million) in Avenues India Pvt Ltd that operates payment gateway CCAvenue.

Govt earmarks $90 mn this year for $1.5 bn startup fund of funds

June 22, 2016 | Arti Singh

The Union Cabinet on Wednesday formally approved the establishment of Rs 10,000 crore fund of funds to back venture capital firms that would in turn invest in domestic startups.

Exclusive: Syona Cosmetics raises fresh funding from The Chennai Angels

June 21, 2016 | Debjyoti Roy

Syona Cosmetics Pvt. Ltd, a Chennai-based company that offers beauty products and training services to salons and spas, has raised its second round of angel funding from existing investors.

Timbru Ventures backs govt schemes tracker The Indian Iris

June 21, 2016 | Arti Singh

The Indian Iris, a policy research and consulting startup that tracks government policies and schemes, has raised an undisclosed amount in angel funding from Ahmedabad-based Timbru Ventures.

Exclusive: White Unicorn Ventures invests in travel-tech startup Naturenama

June 20, 2016 | Nishant Sharma

Venture capital firm White Unicorn Ventures has invested Rs 1.5 crore ($225,000) in travel-tech startup Naturenama Pvt Ltd in a seed funding round.

Exclusive: Freight logistics marketplace Dipper gets funding from angel investor

June 20, 2016 | Varun Arora

Delhi-based Dipper Technologies Pvt. Ltd, which runs freight logistics marketplace Dipper, has raised funding from an angel investor.

Omnivore Capital aims to hit first close of new fund by December

June 20, 2016 | Debjyoti Roy

Venture capital firm Omnivore Capital has received regulatory approval for its second India-focused fund and is targeting to make the first close by the end of this year, a co-founder told VCCircle.

Govt scraps 'angel investment tax' that probably no one paid

June 18, 2016 | Nishant Sharma

The government has scrapped the so-called ‘angel investment tax’ on investors providing funding to startups.

Exclusive: Accel, Blume, TaxiForSure co-founder back stealth-mode messaging app

June 17, 2016 | Disha Sharma

Bangalore-based Bombinate Technologies Pvt. Ltd, which runs voice messaging service Oktalk, has raised funding from a bunch of investors.