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CDC, Lok Capital lead $21M funding round in Utkarsh Micro Finance

December 22, 2014 | Bhawna Gupta

Existing investors IFC, NMI and Aavishkaar also participated.

Flipkart raises $700M from Steadview, Qatar Investment Authority & existing investors

December 20, 2014 | Sainul K Abudheen

Flipkart has also filed with Singapore regulator to become a public company as its shareholders exceeded 50.

SaaS-based multi-channel order fulfilment platform Primaseller gets funding from Mumbai Angels

December 19, 2014 | Sainul K Abudheen

Other players in the space are Nexus-backed Unicommerce and Seedfund-backed Browntape.

Unitus Seed Fund backs learning startups Curiositi and Cue Learn

December 17, 2014 | Sainul K Abudheen

USF recently invested an undisclosed amount in Blowhorn, an online marketplace for last mile logistics services. raises $90M from SoftBank, Falcon Edge, others

December 16, 2014 | Nikita Peer

With the fresh round, the total funds raised by Housing have crossed over $121 million.

Chinese handset maker Xiaomi invests over $200M in home appliances maker Midea

December 15, 2014 | Sainul K Abudheen

Recently, Delhi HC granted an ex parte injunction order against Xiaomi for infringement of Ericsson’s patents.

Chinese internet firm Baidu infusing $600M into Uber

December 12, 2014 | Sainul K Abudheen

Early this month, Uber had raised $1.2 billion in funding from a group of unnamed investors.

GiftCardsIndia raises funding from Blume, Rajan Anandan; acquires social gifting venture Giftery

December 12, 2014 | Sainul K Abudheen

GiftCardsIndia claims to have sold over 250,000 pre-paid gift cards through its platform.

Mobile P2P marketplace for used cars Zoomo raises $1M from SAIF Partners

December 12, 2014 | Sainul K Abudheen

The firm says it currently lists over 1,800 cars, and has more than 1,200 active subscribers.

Video-based learning solutions startup Linkstreet raises Series A funding from Faering Capital

December 12, 2014 | Sainul K Abudheen

The startup will use the funds for product and business development.

Mobile app development firm Apps Daily in advanced talks to raise $15M in Series C funding

December 11, 2014 | TEAM VCC

In October last year, the firm had raised Rs 31 crore in funding from ru-Net, Kalaari and Qualcomm.

Move over Tigers, it’s now time for cubs to invest in Indian tech

December 11, 2014 | Shrija Agrawal

New Indian investors Steadview and Falcon Edge are offshoots of hedge funds like Tiger Global and DST.

Big Data firm Qubole raises $13M Series B funding from Norwest, others

December 11, 2014 | Sainul K Abudheen

Last year, the firm had raised $7 million from Charles River Ventures, Lightspeed and others.

Reliance Cap in talks to sell travel portal’s stake for $80M

December 10, 2014 | PTI

The deal would put the valuation of at around $500 million.

Online talent testing platform Youth4Work raises $500K from Aurum Equity Partners, others

December 09, 2014 | Sainul K Abudheen

Youth4Work is a platform where individuals showcase their talent and skills that are tested and ranked. in talks to raise $50M in Series C funding

December 08, 2014 | TEAM VCC

In September this year, the firm raised $33 million from existing investor Sequoia Capital and others.

On-demand logistics services startup Grofers raises seed funding from Sequoia

December 08, 2014 | Sainul K Abudheen

Grofers mainly competes with Delyver in Bangalore which recently raised $1 million in funding.

IIM-A’s tech incubator CIIE invests in bio-degradable napkin maker Aakar Innovations

December 08, 2014 | Sainul K Abudheen

Aakar was one of the winners of the Artha Venture Challenge in 2013.

Real-time hotel distribution management startup RezNext raises $5M from NEA

December 08, 2014 | Sainul K Abudheen

The funds will be used to fuel its expansion plans in the domestic and international markets.

IT security startup Wegilant raises $160K angel funding

December 05, 2014 | Nikita Peer

The funds will be used to add new features to its product, get more clients and expand the team.




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