http://www.vccircle.com/feed/news NewsFeed for VCCircle en http://www.vccircle.com/500/news/vccircle-survey-12-13-to-be-a-good-vintage-year-for-pevc-funds <div class="sushant_slider_script"> <script type="text/javascript" src="http://ajax.googleapis.com/ajax/libs/jquery/1.3.2/jquery.min.js"></script><script type="text/javascript"> $(document).ready(function(){ var currentPosition = 0; var slideWidth = 655; var slides = $('.slide'); var numberOfSlides = slides.length; // Remove scrollbar in JS $('#slidesContainer').css('overflow', 'hidden'); // Wrap all .slides with #slideInner div slides .wrapAll('<div id="slideInner"></div>') // Float left to display horizontally, readjust .slides width .css({ <p><a href="http://www.vccircle.com/500/news/vccircle-survey-12-13-to-be-a-good-vintage-year-for-pevc-funds">read more</a></p> http://www.vccircle.com/500/news/vccircle-survey-12-13-to-be-a-good-vintage-year-for-pevc-funds#comments Fri, 03 Feb 2012 21:21:31 +0530 bhawna 13317 at http://www.vccircle.com http://www.vccircle.com/500/news/tata-capital-files-winding-up-petition-against-lilliput-kidswear <p>After falling out with its private equity investors Bain Capital and TPG over alleged inappropriate accounting practices, apparel retailer Lilliput Kidswear Ltd is now facing trouble on another front. One of its lenders, Tata Capital, has filed a winding up petition in the Delhi High Court to recover the outstanding debt amounting to Rs 10 crore.</p> <p>Lilliput had apparently defaulted on the loan last October, following which rating agency ICRA downgraded the long-term debt note of the company. Bank of India is another lender to Lilliput.</p> <p><a href="http://www.vccircle.com/500/news/tata-capital-files-winding-up-petition-against-lilliput-kidswear">read more</a></p> http://www.vccircle.com/500/news/tata-capital-files-winding-up-petition-against-lilliput-kidswear#comments Thu, 02 Feb 2012 16:33:11 +0530 bhawna 13300 at http://www.vccircle.com http://www.vccircle.com/500/news/vc-backed-indiahomes-raises-4m-eyes-another-6m-funding <p>Delhi-based IndiaHomes (formerly Agni Property Services Pvt Ltd), a property services company, has raised $4 million from existing backers Helion Venture Capital and Foundation Capital. The firm is seeking to raise another $6 million in the coming fiscal.</p> <p><a href="http://www.vccircle.com/500/news/vc-backed-indiahomes-raises-4m-eyes-another-6m-funding">read more</a></p> http://www.vccircle.com/500/news/vc-backed-indiahomes-raises-4m-eyes-another-6m-funding#comments Fri, 03 Feb 2012 20:59:24 +0530 bhawna 13316 at http://www.vccircle.com http://www.vccircle.com/500/news/investors-seek-things-to-like-on-facebook <p>A solid online advertising business &ndash; though not quite the juggernaut that some had hoped - and with key questions still hanging over the value of &ldquo;social&rdquo; and mobile advertising to the world&rsquo;s big consumer brands.</p> <p>That has been the verdict from analysts and investors in the wake of Facebook&rsquo;s IPO filing. The paperwork, which gave the first in-depth look at the company&rsquo;s finances, has paved the way for a debut on Wall Street expected in May.</p> <p><a href="http://www.vccircle.com/500/news/investors-seek-things-to-like-on-facebook">read more</a></p> http://www.vccircle.com/500/news/investors-seek-things-to-like-on-facebook#comments Fri, 03 Feb 2012 12:26:38 +0530 bhawna 13310 at http://www.vccircle.com http://www.vccircle.com/500/news/pe-owned-bpo-firms-wns-exlservice-announce-share-sales <p>Even as private equity majors continue to make the best of the rally in the Indian stock markets, they have lined two outsourcing companies for share sales. The two sales together could rake in over $200 million for the PE-backers of these companies, according to VCCircle&rsquo;s analysis of the current share prices of these companies.</p> <p><a href="http://www.vccircle.com/500/news/pe-owned-bpo-firms-wns-exlservice-announce-share-sales">read more</a></p> http://www.vccircle.com/500/news/pe-owned-bpo-firms-wns-exlservice-announce-share-sales#comments Thu, 02 Feb 2012 14:59:14 +0530 bhawna 13298 at http://www.vccircle.com http://www.vccircle.com/500/news/telenor-may-quit-india-after-licences-revoked <p>Norwegian telecom firm Telenor could quit India now after the Supreme Court revoked its mobile licences and not wait for new market rules to be introduced, the company's chief executive told Reuters.</p> <p>The Supreme Court on Thursday revoked 122 telecoms licences issued under a scandal-tainted 2008 sale, including 22 licences Telenor holds via Uninor, a joint venture with real estate firm Unitech.</p> <p>Affected licence holders can operate for four months, during which regulators will come up with new market rules.</p> <p><a href="http://www.vccircle.com/500/news/telenor-may-quit-india-after-licences-revoked">read more</a></p> http://www.vccircle.com/500/news/telenor-may-quit-india-after-licences-revoked#comments Fri, 03 Feb 2012 10:42:01 +0530 bhawna 13308 at http://www.vccircle.com http://www.vccircle.com/500/news/vc-backed-persistent-systems-acquires-location-biz-from-openwave <p>Pune-based Persistent Systems Ltd has acquired the &lsquo;Location&rsquo; business of California's mobile Internet software solutions company Openwave Systems, Inc., for an undisclosed sum, the company has disclosed in a statement.</p> <p>Although details of this &lsquo;Location&rsquo; business and the number of people working for the unit are not immediately known, Openwave is into location infrastructure and applications for both emergency and commercial location services.</p> <p><a href="http://www.vccircle.com/500/news/vc-backed-persistent-systems-acquires-location-biz-from-openwave">read more</a></p> http://www.vccircle.com/500/news/vc-backed-persistent-systems-acquires-location-biz-from-openwave#comments Fri, 03 Feb 2012 16:10:25 +0530 bhawna 13312 at http://www.vccircle.com http://www.vccircle.com/500/news/stanchart-pes-midmarket-team-invests-25m-in-bush-foods-0 <div id="slideshow"> <div id="slidesContainer"> <div class="slide"> <p>The mid-market team of Standard Chartered Private Equity has invested Rs 110 crore ($25 million) for an undisclosed stake in Delhi based ready-to-eat manufacturers Bush Foods Overseas Pvt Ltd, sources close to the development told VCCircle. When contacted, StanChart officials refused to confirm the investment.</p> <p><a href="http://www.vccircle.com/500/news/stanchart-pes-midmarket-team-invests-25m-in-bush-foods-0">read more</a></p> http://www.vccircle.com/500/news/stanchart-pes-midmarket-team-invests-25m-in-bush-foods-0#comments Fri, 03 Feb 2012 17:02:51 +0530 bhawna 13314 at http://www.vccircle.com http://www.vccircle.com/500/news/top-picks-from-techcirclein-47 <p><a href="http://techcircle.vccircle.com/500/amazon-serves-an-indian-appetiser-takes-the-wraps-off-e-com-referral-site-junglee-com/">Amazon Serves An Indian Appetiser; Takes The Wraps Off E-com Referral Site Junglee.com</a></p> <p><a href="http://techcircle.vccircle.com/500/we-are-here-to-collaborate-not-compete-anil-srivatsa-ceo-co-founder-venturenet-partners/">We Are Here To Collaborate, Not Compete: Anil Srivatsa, CEO &amp; Co-founder Of SpotRadio &amp; Radiowalla</a></p> <p><a href="http://www.vccircle.com/500/news/top-picks-from-techcirclein-47">read more</a></p> http://www.vccircle.com/500/news/top-picks-from-techcirclein-47#comments Thu, 02 Feb 2012 18:44:02 +0530 bhawna 13304 at http://www.vccircle.com http://www.vccircle.com/500/news/top-picks-from-techcirclein-48 <p><a href="http://techcircle.vccircle.com/500/after-twitter-google-to-censor-content-but-leaves-a-window-for-readers-to-get-around-it/">After Twitter, Google To Censor Content But Leaves A Window For Readers To Get Around It</a></p> <p><a href="http://techcircle.vccircle.com/500/will-internet-mobile-pan-out-e-com-the-offline-online-retail-dilemma-notes-from-internet-retail-expo/">Will Internet Mobile Pan Out E-com &amp; The Offline-Online Retail Dilemma: Notes From Internet Retail Expo</a></p> <p><a href="http://www.vccircle.com/500/news/top-picks-from-techcirclein-48">read more</a></p> http://www.vccircle.com/500/news/top-picks-from-techcirclein-48#comments Fri, 03 Feb 2012 18:44:47 +0530 bhawna 13315 at http://www.vccircle.com