IAN invests in renewable energy solutions startup
Indian Angel Network Services Pvt. Ltd, which had recently marked the first close of its maiden venture fund, has backed a Bengaluru-based renewable energy solutions provider, a person privy to the development told VCCircle.“Indian Angel has invested Rs 4 crore ($618,764) in Carbon Masters India Pvt. Ltd, the Indian subsidiary ......
Bessemer Venture leads $15 mn round in food-tech startup Swiggy
Bengaluru-based Bundl Technologies Pvt Ltd, which owns and operates online food ordering platform Swiggy, has raised $15 million (Rs 100 crore) in a Series D funding round led by Bessemer Venture Partners. Swiggy's existing investors, which include firms such as Accel India, SAIF Partners and Norwest Venture Partners (NVP), also participated ......
Cops And Civil Servants Take A Shine To Private Equity
At a recent private equity conference organised by VCCircle in Mumbai, there were two unusual attendees: Rajan Singh, a former commissioner of Police of Thiruvananthapuram City, and a 2004 batch IPS officer from Kerala cadre. These civil servants were, interestingly, searching for fresh deals and to gain a handle on ......
Blume Ventures looking to up fund size by as much as 25%
Early-stage venture fund Blume Ventures is looking to increase the size of its maiden investment fund after it has witnessed oversubscription as part of the final close of Blume Ventures Fund I. This points to investor appetite for early-stage venture funds at a time when large private equity firms are facing ......
News Roundup: 3i, Blackstone & Carlyle In Fray For Lanco Arm
3i, Blackstone & Carlyle In Fray For Lanco Arm - Private equity majors 3i, Blackstone and Carlyle have shown interest in buying a stake in the holding company to be formed by combining all Lanco Infratech's power assets. Debt-laden Lanco is forming a holding company and raising capital for its ......
AI startup Boxx.ai gets $500K from Unicorn India Ventures, others
Bangalore-based artificial intelligence startup Boxx.ai has raised $500,000 (Rs. 3.2 crore) from Mumbai-based venture capital firm Unicorn India Ventures and a clutch of investors.The startup, run by AIBoxx Solutions Pvt. Ltd, said in a statement that Venky Krishnakumar, former COO and CFO at Citibank Asia Pacific; Suresh Shankar, founder and ......
Will Indian IT and pharma firms be in Donald Trump’s crosshairs?
Indian information technology and pharmaceutical companies, which get a significant portion of their revenue from the US, could face some trouble under the presidency of Donald Trump. Trump, who takes office on 20 January, had targeted Indian IT companies for what he said "stealing American jobs" and has promised to create ......
Axilor, Parampara Capital invest in SaaS startup SecurAX
Cloud-based solutions provider SecurAX Tech Solutions (I) Pvt Ltd has secured an undisclosed amount of funding from early stage investor Axilor Ventures, Parampara Early Stage Opportunities Fund and a clutch of angel investors, a report by a financial daily on Friday stated.The Bengaluru-based company will use the funds raised to ......
Fulcrum Venture India makes first close of second fund just short of $10M
Early stage investor Fulcrum Venture India (FVI) has achieved first close of its second investment fund at Rs 60 crore ($9.7 million), a top executive told VCCircle. Although sector agnostic, the fund would have a preference for healthcare-related investments with pharmaceutical companies being the focus area.“Friend and family brought in ......
JustCode acquires online hiring platform Jobspire
New York-based interviewing platform JustCode has acquired Bengaluru-based Jobspire Technologies Pvt. Ltd, which operates hiring portal Jobspire, for an undisclosed amount, the Indian firm said in a statement.JustCode is run by TurnToTech which is a mobile boot camp that offers project-based courses for iOS and Android development.With the acquisition, JustCode ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News