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VENTURE CAPITAL

Incofin floats ProPulse Fund to back microfinance cos, targets institutions

July 31, 2014 | Shruti Ambavat

Incofin has backed microfinance firms such as Annapurna, Fusion and Grameen Koota in India.

Qualcomm Ventures invests in healthcare service provider Portea Medical

July 31, 2014 | Jasleen Kaur Batra

Portea had raised $8 million from Accel Partners and Ventureast last December.

SaaS co Peel-Works raises $2M in Series A funding from Inventus, IDG; angels exit

July 28, 2014 | Priyanka Sahay

The four-year-old startup had raised angel funding from IAN.

Cloud telephony firm Knowlarity raises $15M in Series B from Mayfield, Sequoia

July 28, 2014 | Nikita Peer

The firm, which moved its headquarters to Singapore recently, claims to have 6,500 clients globally.

Craft beer maker Cerana Beverages raises fresh angel funding

July 25, 2014 | Diksha Dutta

Last month, the company had raised seed funding from a group of investors based in New York and Singapore.

Exhilway close to investing in social networking app YoTurf

July 25, 2014 | Sainul K Abudheen

Exhilway had recently backed Hyderabad-based hospital firm and IndiDebt.com, a yet-to-be launched debt funding platform.

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Exhilway close to investing in social networking app YoTurf

July 25, 2014 | Swet Sarika

Exhilway had recently backed Hyderabad-based hospital firm and IndiDebt.com, a yet-to-be launched debt funding platform.

Solar power products firm Fourth Partner Energy raises funding from Chennai Angels

July 24, 2014 | Anuradha Verma

Earlier in March, The Chennai Angels, invested in Bangalore-based education products and services start-up Skyfi Labs.

Digital daily Scroll.in gets funding from Omidyar, Media Development Investment Fund

July 24, 2014 | Sainul K Abudheen

Omidyar has outlined an investment of approximately $25-30 million per year in India.

Indic language customised smartphone OS maker Firstouch in talks to raise $10M

July 23, 2014 | Bhawna Gupta

The company raised angel funding from Dubai-based angel investor Hari Padmanabhan.

Lightbox’s $90M tech-focused VC fund oversubscribed

July 23, 2014 | Sainul K Abudheen

The fund had announced its first close at $25 million in April this year.

Rakesh Jhunjhunwala invests in VCs-controlled e-payments firm Remedinet

July 23, 2014 | Sainul K Abudheen

Last year, Bessemer Venture Partners and Nirvana Venture Advisors had acquired 100 per stake in Remedinet.

App development startup Appdra raises $1.5M through crowd funding

July 22, 2014 | Nikita Peer

The startup develops and designs creative internet and web applications, in addition to providing SEO services to enterprises.

Restaurant chain Sattviko raises angel funding

July 22, 2014 | Diksha Dutta

Sattviko also works with a few corporates where it supplies food on a daily basis.

DSG Consumer Partners plans to top up its early stage consumer fund by $15M

July 22, 2014 | Shruti Ambavat

DSG founder Deepak Shahdadpuri has partially exited companies like Sula Wines, Cleartrip.

Preventive healthcare startup Xcode eyes fresh VC funding

July 21, 2014 | Jasleen Kaur Batra

The four-year-old healthcare firm had previously raised funding from micro VC firm Shead Holdings and Chennai Angels.

Delhi-based travel startup SeekSherpa raises seed round from VentureNursery’s angels

July 21, 2014 | Nikita Peer

The startup uses mobile application technology coupled with ‘Google Cloud Messaging’ to create a mobile platform where locals can post experiences.

Mobile workplace firm Workspot raises $6.5M in Series A funding from Helion, Translink, Qualcomm

July 21, 2014 | Sainul K Abudheen

Previously, it raised a $3.3 million in seed funding from Qualcomm Ventures, Kleiner Perkins Caufield & Byers, Norwest Venture Partners, Redpoint Ventures, Webb Investment Network and a few angel investors.

Short term capital gains tax bomb in Budget to hit angel investors, but a few VCs

July 18, 2014 | Priyanka Sahay

Startups could face a cash crunch early in their life cycle.

Alternative accommodation marketplace RoomnHouse.com raises under $170K in funding from Euphoria Ventures

July 17, 2014 | Sainul K Abudheen

The company is looking to raise $1.7 million in Series A funding early next year.

SAIF Partners invests $1.7M in online marketplace for travel agents TravelTriangle

July 17, 2014 | Sainul K Abudheen

TravelTriangle’s platform enables customers to connect to multiple local travel agents, get quotations, customise their trips according to their preferences and book through the site directly.

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