InfoEdge To Invest 3.5 Million $ in 99labels.com

InfoEdge  has made its second investment in as many months in a fashion retail website 99labels.com. The investment is to the tune of $ 3.5 mn in the fashion commerce site. This is the second...
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Online Cab Service Olacab.Com Infused With Funds

Mumbai-based ANI Technologies Pvt. Ltd., which runs the ‘book a cab’ service Olacabs.com, has raised its first round of funding from Anupam Mittal and Angel investor Rehan Yar Khan along with smaller...
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Babyoye.com Receives Funding from Accel, Tiger Global

Babyoye.com, an online babycare products retailer, has raised $2.5 million from Accel Partners and Tiger Globals. It will use this first round of funding to hire people, expand its supply chain, build...
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Brace Yourself To Check-in Using Mojostreet; Raises $350K Funding

Kalyan Manyam, the founder of Indian social networking site Indyrocks, raised $350k for his mobile gaming startup, Mojostreet, from Srini Koppolu, former managing director of Microsoft India Development...
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RockeTalk Launches An App For Samsung’s Bada Platform

For those of you unaware of Bada, it is a smartphone platform developed by Samsung for its Wave Series of Mobile Phones. Mobile Social Network RockeTalk just got in touch with us to tell us about their...
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Blackberry Makers Look To float VC Fund In India

If you are a startup then its the ‘good times’ for you. This is because the VC scene this year seems to be in full action. We covered many big announcements last week and this week as well....
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MotorExchange.In Raises Capital From Epiphany Ventures And Canaan Partners

MotorExchange.in – which is an online marketplace for used vehicles has raised a second round of funding led by early stage investors Epiphany Ventures. Canaan Partners, an existing investor also...
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Welcoming Rahul Khanna – Director, Clearstone Ventures As Speaker @ WATSummit 2011

One of the final panel discussions at WATSummit is on Startups Vs VC’s. We expect to end the summit with a bang with this panel as a lot of startups have a lot of things to say about VC’s....
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L-Pad Invites Applications For Batch-II

I can’t think of a better time to have been a startup in India. Maybe the pre dot com bubble days, but even back then – thanks to astronomical infrastructure costs it wasn’t very easy...
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Twitter Attains Meaningful Growth And A $3.7 Billion Valuation!

Twitter is on a mission to revamp it’s management and CEO Dick Costolo is leading the way. Today, a post from Costolo on the Twitter Blog stated that, Mike McCue of Flipboard and David Rosenblatt,...
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American 4B Capital Fund Picks Up 30% Stake In Eko India

Mobile banking services provider Eko India Financial Services Pvt. Ltd. has secured additional funding from 4B Capital Fund A, a Colorado-based social fund set up by 4B, a Christian charity group. The...
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Intel Capital Invests $77 million In 18 Companies

Intel announced 18 new and 5 follow on investments at the 11th Annual CEO Summit.  The 18 new investments total up to a value of $77 million and span 11 countries. According to Intel, these investments...
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Axel Springer AG Acquires 70.4% In CarWale.com & 19.1% In BagItToday.com

Carwale.com one of the leading car portals in India has announced that it has entered into an agreement to be acquired by Axel Springer AG and their Indian partners, the India Today Group. It is stated...
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Instablogs Raises 4 Million $ In Funding From The Times Of India Group

Instamedia Network which owns the blog networking Instablogs.com has announced that it has has secured $4 Million in Series A funding from Times Internet Limited which is a subsidiary of The Times of India...
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Foodiebay Backed By Info Edge With INR 4.7 Crore Funding

Foodiebay has definitely come a long way since we reviewed in late last year. Their growth has not gone unnoticed with Info Edge, the company that owns, Naukri.com and Jeevansaathi.com, amongst others,...
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Intel Buys McAfee – Closer Home Quick Heal Gets Funded By Sequoia

One of the largest deals in the internet security space was announced yesterday. It was Intel buying out the anti virus company McAfee for a whopping 7.68 billion dollars. Through this deal McAfee investors...
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