With the rising interest in Web 2.0 , innovative attitude of Indian Entrepreneurs and the pouring of funds in the Indian Market by Venture Investors shows very good signs for Internet Startup companies. In the last one year nine Indian internet ventures got funding to the tune of $80 million from VC funds.
THE COMPANIES THAT GOT FUNDED
Bill desk ($5 million) – Clearstone Ventures
24×7 Learning ($10 million) – KITVEN & 2 Private investors
Yatra Online ($5 million) – Reliance Capital, Norwest VC, TV18
Cleartrip.com ($3 million) – KPCB, Sherpalo
Travelguru ($10 million) – WestBridge Capital
Naukri.com ($10 million) – KPCB, Sherpalo
Shaadi ($8 million) – WestBridge
Jobstreet ($2 million) – TV18
Times Internet ($7 million) – WestBridge
Makemytrip ($10 million) – SAIF Capital Partners
Besides the above websites like Burrp.com and Sixer.in have got angel funded
(Source: ET; market estimates)
