BrownTape Raises Funding From Seedfund And Ganesh Krishnan To Expand Operations

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Seedfund and Growth Story’s Ganesh Krishnan have made an investment in Browntape eCommerce Pvt. Ltd. The investment amount has not been disclosed. Browntape runs a SaaS based service which is targeted towards the growing breed of online sellers in India who are taking advantage of the framework provided by online marketplaces such as Ebay India, ShopClues and Snapdeal to establish their online retail...
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Indix Secures $8.5M From Avalon Ventures and Nexus Venture Partners

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Big Data and SaaS platform Indix has raised funding worth $8.5 M from Avalon Ventures and Nexus Venture Partners. The Series A-1 round of funding will be used by the company to ramp up its R&D and marketing activities. Founded by former Microsoft employee Sanjay Parthasarathy in 2010, Indix is based in Seattle and Chennai. Indix’s product offerings include a product intelligence application...
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Adobe Proves The Efficacy Of Cloud Based Subscription

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Adobe Systems Inc. has surpassed its Quarterly Estimates owing to strong demand of cloud–based Software as a Service (SaaS) model.The maker of widely popular creative software like Photoshop, Illustrator and office productivity platform Flash, Acrobat and many others, has managed to pleasantly surprise investors with its Quarterly Revenue Report. The company has managed to generate substantial...
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DataRPM Gets $ 5.1 Mn. Funding From InterWest Partners and CIT GAP Funds

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Data Analytics firm DataRPM, who despite having an headquarter in Washington DC, has majority of its employees working in Bangalore, has managed to raise US$ 5.1 Million in Series A Funding led by InterWest Partners and CIT GAP Funds.CIT has already invested US$ 800,000 (Rs. 4.87 Crores) last year in the seed–funding round. This round of funding is going to be utilized for strategic international...
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e–Commerce Software Developer Viniculum Raises Series B Funding From IvyCap Ventures and Accel Partners

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Viniculum, a Software as a Service (SaaS) developer has successfully closed its second institutional round of funding.Based in Noida, Saas based software products developer Viniculum targets the eCommerce segment. This Series B round of funding saw active participation from IvyCap Ventures and Accel India Ventures. While Accel is an existing investor, IvyCap participated in this round of undisclosed...
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Indian Angel Network Invests In UK Start-up SwiftShift

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The Indian Angel Network (IAN) has made its first investment in UK based software start-up Swiftshift. Financial details about the funding were not disclosed. Saurabh Srivastava, co-founder of IAN, said, “UK is amongst the world’s top 10 ecosystems for startups and home to some of the finest R&D in the world. Our debut in the UK will allow IAN to invest in world class, innovative startups...
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Airtel Extends Cloud Support And Shopify’s DIY e-Commerce Platform To Its SME Clients

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India’s leading telecom service provider Bharti Airtel, in association with online marketplace facilitator Shopify, has offered an interesting bouquet of services to its SME clients.Neatly combining its own prowess in the networking and cloud storage segment, Airtel has roped in the Do-It-Yourself (DIY) e-commerce solution, developed by Shopify, to offer a holistic, all inclusive e–Commerce platform...
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Indix Launches A Cloud Based Big Data Analysis Service

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E-commerce has risen and is demanding tools to run its business more efficiently. There are many aspects related to consumer choice and delivery time that these ventures capitalize on and sophisticated softwares are required to do this job and when there is demand, there is supply. Nexus Venture Partners backed data analytics company, Indix has launched its SaaS and big data product intelligence...
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Indian Businesses To Get Graphics Accelerated Cloud Platform As Nvidia Launches ‘Grid’

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Nvidia, the company that specializes in Graphics oriented processing and visual appeal of processes and games, has announced availability of ‘Grid’, a Desktop Virtualization technique, for Indian Businesses. However, what’s interesting is the fact that this platform is entirely Cloud Based and hence companies can design and deploy graphics-accelerated virtual desktops to their employees, without...
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Indians Actively Using Cloud Services As Market Expected To Swell Beyond US$ 434 Million: Gartner

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India’s consumption of apps and services hosted remotely, commonly referred to as Cloud based services, appears to be growing healthily. A recent report by research firm Gartner seems to suggest the market size of Public Cloud Services could swell to as much as US$ 434 Million.The cloud services market is expected to easily surpass earlier estimates of US$ 315 Million made last year. But what’s...
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