Archive for Canaan Partners
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The WATBlog Panel Delhi on “Bridging the digital divide” took place at Metropolitan hotel New delhi on 12th December 2008. The panelists were Sidharth Rao Webchutney, Sanjay Trehan of Ndtv Convergence, Alok Mittal of Canaan Partners and Neeraj Sannan of Star News and we had analysed the panel before on WATBlog.
But as promised here is [...]
Well we announced our first panel in Delhi last week and have got a tremendous response with over 70 registrations in just a couple of day. We have limited seats (just 150) so hurry and book your place. Even more reason to attend the WATBlog panel is the set of elite panelists that are going [...]
We had ealier spoken to Tim Draper of DFJ on his thoughts about the slowdown. We felt that we also needed to take a closer to home point of view of Venture Capitalists who have been working with entrepreneurs and business models in India for sometime now.
We caught up with Sateesh Andra of Draper Fisher [...]
Canaan Partners the Venture firm that has funded the likes of BharatMatrimony (Now Consim Info) and techtribe is now looking towards the VAS space with high expectations with its new fund ready for investment. The mobile space has seen some action lately with the likes of Mkhoj, Smsgupshup raising funding.
Canaan raised about 650 Million $ [...]
Well this is surely funding windfall 2.0 and if the earlier windfall was cut short by the dotcom bust this windfall will take some stopping if at all it can stop. The money seems to be pouring in from all directions in India. Those who have invested stay invested and are looking to invest some more and those who had invested earlier and gone back seem to be returing with more money this time around. Atleast that seems to be the case if you look at Canaan Partners and Walden venture Capital.
Matrix Partners invest in Kijiji
Matrix Partners India has invested in Indian mobile classified startup Kijiji.com. Kijiji India, lauanched in 2005, is an online website that caters to a local community in a particular city. It offers services “to buy or sell a used car, look for an apartment on rent, buy or sell a house, [...]
Alok Mittal, MD, Canaan Partners, a venture capital firm, says: “When you put that in context, Indian social networking websites are in their infancy. The break-even point is longer, but once they attain a critical mass of 40 million users, then VC firms will start investing in them.”
Current Indian online population:
comScore put the current [...]
Sahad at VCCircle reports about Google spreading its wings in the Indian investing scenario. Google has now joined as one of the institutional members of Band of Angels (BOA).
Google had previously invested as a limited partner in two early stage funds – Erasmic Venture Fund and Seed Fund. Recently they even acquired 30% units of [...]