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Data backup solutions firm SysCloud raises $2.5M from Inventus, Kae Capital

TMT

18 November, 2014

Data backup solutions firm SysCloud raises $2.5M from Inventus, Kae Capital

US- and Chennai-based SysCloud, Inc., which provides data backup and disaster recovery solutions to enterprises, has secured $2.5 million in ......

Bill Gates commit money to Unitus' offshore fund; Rupee fund bags $4M more

General

17 November, 2014

Bill Gates commit money to Unitus' offshore fund; Rupee fund bags $4M more

Impact investor Unitus Seed Fund (USF) has announced that its India-focused offshore fund vehicle has received commitments from Microsoft co-founder ......

SAIF may participate in Ixigo's Series B funding round worth over $25M

TMT

17 November, 2014

SAIF may participate in Ixigo's Series B funding round worth over $25M

At least one of the two investors in travel search engine Ixigo operated by Delhi-based Le Travenues Technology Pvt Ltd, ......

Premium
Sequoia strikes multi-bagger part-exit from Just Dial, original investment makes 30x

TMT

14 November, 2014

Sequoia strikes multi-bagger part-exit from Just Dial, original investment makes 30x

Venture capital firm Sequoia Capital has part-exited its investment in Mumbai-based Just Dial Ltd, which runs the online business directory ......

India Quotient aims to raise $24.3M in second fund, ropes in new partner

General

14 November, 2014

India Quotient aims to raise $24.3M in second fund, ropes in new partner

Mumbai-based venture capital investor India Quotient (IQ) is targeting a Rs 150 crore ($24.3 million) corpus for its second fund ......

Property management system for hotels Hotelogix gets $1.8M from Accel, Saama Capital

TMT

14 November, 2014

Property management system for hotels Hotelogix gets $1.8M from Accel, Saama Capital

Noida-based HMS Infotech Pvt Ltd, which owns and operates Hotelogix, a SaaS-based property management system (PMS) for small and medium ......

Kno founders launch $3.5M angel fund to back immigrant entrepreneurs in the US

General

14 November, 2014

Kno founders launch $3.5M angel fund to back immigrant entrepreneurs in the US

Nitin Pachisia and Manan Mehta, co-founders of education startup Kno Inc., which was acquired by Intel last year, have launched an ......

After Snapdeal & BlueStone, Ratan Tata invests in online furniture store Urban Ladder

TMT

17 November, 2014

After Snapdeal & BlueStone, Ratan Tata invests in online furniture store Urban Ladder

Ratan Tata, former chief of Tata Group and currently chairman emeritus of group’s holding company Tata Sons, has invested an ......

T-shirt design crowd-sourcing platform VoxPopClothing gets $1M from Blume, others

TMT

14 November, 2014

T-shirt design crowd-sourcing platform VoxPopClothing gets $1M from Blume, others

Mumbai-based 21 Trends Pvt Ltd, the company behind VoxPopClothing, a community-driven platform to crowd-source t-shirt designs by individuals across the ......

Cadila looks to set up $16M fund to back pharma startups

Healthcare

14 November, 2014

Cadila looks to set up $16M fund to back pharma startups

Ahmedabad-based Cadila Pharmaceuticals Ltd is planning to set up a fund with a corpus of Rs 50-100 crore (up to ......

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