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Inventus Capital to Fund Redbus.in
We’ve blogged about redbus.in earlier, and kept you updated on redbus.in and other developments in the non-air travel ticketing sector. Redbus.in is a travel-based startup by young entrepreneurs from BITS-Pilani. Networking with travel-agents and bus service providers across the country, Redbus.in revolutionised bus booking facilities, with Redbus.in offering options to book via credit card [...]
“India Is Still One Of The Best Investing Opportunities In The World” – Sarayu Srinivasan, Intel Capital
The tough phase of lack of funds for entrepreneurs continues as the economy forces venture capital firms to spend more money with longtime holdings. This makes it tougher for startup firms to get a mind share of venture funds. The 2009 Global Survey states that most VC firms are willing to invest only in fewer [...]
Venture Capital Beliefs & Views On Indian Internet Space – (Must Read For Online Startups)
We had the good fortune of listening to a presentation by Ritesh Banglani from IDG Ventures India at the recently held Startup City event in Bangalore. He pointed out the assumptions and beliefs that their VC firm had on the Indian Internet space. We quite enjoyed the presentation and are sharing his points here. A [...]
Google Launches Google Ventures – A Venture Fund For All Kinds Of Startups
Yesterday Google announced its move to launch a venture fund of its own named Google Ventures. By the looks of it Google ventures has a very broad investment philosophy. The google ventures site states and I quote “We’re studying a broad range of industries, including consumer Internet, software, hardware, clean-tech, bio-tech and health care. We [...]
IDG Ventures & Microsoft Come Together To Provide Early Stage Funding
In a bid to provide access to entrepreneurial, technology and financial resources to startups all at one go IDG Ventures India and Microsoft India have announced ‘Early Stage Funding Program’. As per this partnership startups registering for Microsoft BizSpark which have the opportunity to get funded for up to 25 crore rupees by IDG Ventures.
One [...]
Funding Updates: Onmobile – Norwest / Pubmatic Secures Second Round
Even though the recession gets deeper the funding scene continues to buzz with activity although not at the early stage level. It seems with tough times investors are being cautious and parking their funds with already funded companies. Here are two such stories on the same.
NVP India Invests 15 Million $ in Onmobile
Norwest Venture Partners [...]
Find Your Angel – Angelsoft Launches Filtering Tool for Startups to Look for Angel Investors
Angelsoft, an Internet software company that provides the investment management platform has launched the software service that allows you to narrow down on potential angel investors based on location and expertise stage. The filters help startups adjust their sorting results by how much an investment firm usually invests, what terms they typically offer, as well as by company-based criteria such as industry, location and stage.
Exclusive WATShow With Om Malik Of GigaOm.com – Talks About Funding, Acquisitions & India
We caught up with one of the topmost bloggers in the world Om Malik of Gigaom.com fame at wordcamp in delhi and quizzed him about:
1) How to scale a media company?
2) What is his acquisition strategy?
3) What’s his take on Indian market?
and much more..
Dont miss out on watching this exclusive WATShow
You can watch this and [...]
Funding updates: Qualcomm Ventures Invests $9 Mn in MapMyIndia,Accel India To Invest $2.5 Million In Healthcare Portal
Yesterday Robin Wauters argued on Techcrunch that web 2.0 is dead, it is reflected in his analysis of the term web2.0 on Google trends and is also implied in all the recent funding news, the other day we reported the funding in VAS space and now it is GIS and Healthcare. The recent liquidity crunch has made more and more Venture Capitalists to return to the basics and concentrate on realistic evaluations of the ventures with real value addition.
Twitter Raises Third Round of Funding, Pushes Funded Capital to over $55 Million
It hasn’t raised a dollar in revenue yet, but Twitter has now been bulked up with at least another 35 million dollars in investment. According to the TechCrunch this number is set to rise with further numbers of investing partners still unknown. The investors involved are Benchmark, Institutional Venture Partners, Union Square Ventures and Spark Capital with Benchmark and IVP bringing in $21 and $14 million respectively to the table. Union Square and Spark Capital were in fact the ones who carried the first two rounds of funding for Twitter ($5million and $15 million respectively).
Event Review: E-Summit 2009 @ IIT MUMBAI – Insights & Analysis
What is enterprise e-summit:
E- Summit is a unique initiative by The Entrepreneurship Cell, IIT Bombay which serves as a common platform for aspiring, budding and successful entrepreneurs to interact and help build successful enterprises.
E-Summit 09, also celebrating the Golden Jubilee celebrations of IIT Bombay had an overlying theme of Empowering entrepreneurs.
Morning address:
The welcome address was [...]
Funding Updates: GETIT Gets 20 crores From Helion Ventures
GETIT Infoservices (P) Ltd. GETIT a producer of yellow pages and directories in India which now offers integrated digital and print offerings in the local search and classifieds space has raised 20 crores in funding from Helion Ventures.
The online site is accessible on Getit.in. Getit is primarily an offline company which is now spreading its [...]
Funding Update: Intel Capital Pours In 23 Million $ In 3 Startups
On their tenth anniversary (This year marks ten years of Intel Capital investments in India) Intel is investing US$23 Million in three Indian Companies – One97 Communications, Global Talent Track (GTT) and IndiaMART. Individual investment amounts were not disclosed. The funding will come from the $250 million Intel Capital India Technology Fund, established in December 2005.
@HeadStart 09 Bangalore – The Entrepreneur Round Table
We just reached Headstart at Bangalore. A delayed flight and fuel strike delayed us reaching the event. But nevertheless we are here and are bringing you the updates via live blogging and also via twitter. We missed the Entrepreneur roundtable panel in the morning and are reproducing the synopsis via the headstart blog.
Panel in the [...]
SchoolMATE Raises Funding From Chennai Fund
We had written about Schoolmate a while back in 2006 and we had given it a thumbs up for being a mobile based complete student analysis system. Well Schoolmate has finally got its due and has raised funding from Chennai fund through a business plan contest. Chennai fund angel investors comprising Suresh Kalpathi (SSI, Aptech, [...]