Carwale.com recieves 7 Million $ in Funding From Sierra Ventures

Carwale.com the standalone auto classifieds portal that raised seed funding from SeedFund in 2006. Now Carwale has raised their A series funding from Sierra Ventures (which also are one of the limited partners in seed fund) of about 7 million dollars. With is funding Tim Guleri and Vispi Daver of Sierra Ventures will join the company’s Board of Directors.Carwale operates in a market with fewer...
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Exclusive: Instablogs.com Raises Funding From Vishal Gondal (CEO Indiagames.com)- Valued At 30 crores!

Instablogs the blog network which was showcased at last Proto.in has raised funding from Vishal Gondal who as most people might remember is the Founder and CEO of Indiagames 51% of which was acquired by UTV group last year. (Check out our WATShow with Vishal which we did last year) According to our sources the funding is within the range of 500-800k $ (approximately 2-3.5 crores) at a valuation of...
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LinkedIn Worth 1 Billion! Looking to Acquire Smaller Players?

Well the big boy in business networking has finally found its worth. So if you thought that after the massive 15 billion $ valuation for facebook.. Linkedin looked like a poor cousin? think again! Linkedin has raised a whopping 53 million $ in financing and finally broken the magic number of 1 billion $ in valuation.   Linkedin has been criticised to be a slow mover in the networking space. Though...
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Cleartrip Gets “More Money Than Required!” – 18.5 M $!

Talk about the roof giving way and a windfall of money falling from it and it just doesn’t stop raining money! Im sure if one were to visit the cleartrip office in mumbai a similar scene atleast in context of the news just in can be visualized. So more funding has come into the travel space and this time the beneficiary is cleartrip which has raised a whopping 18.5 Million $. Just convert that...
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