Accel India’s New Fund Of $60 Million For Seed and Early Stage Fund

Accel which was earlier Erasmic Ventures in India has closed a $60M Venture Fund to invest in seed and early stage opportunities in India. The fund is looking at sectors as divers asĀ  Technology, Technology-enabled...
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Accel Partners & Erasmic Ventures Merge To Launch Accel India Venture – Seed/Early Stage Venture Firm

Erasmic Ventures which is a seed stage investor and has done investments like Myntra.com, Chakpak.com and HolidayIQ in the internet space in India has now been absorbed by Silicon Valley based Accel Partners...
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Madhouse Ex-Founder & Seventymm VP Sameer Guglani To Start YCombinator For India Called Morpheus Ventures

Sameer Guglani whose dvd rental startup Madhouse got funded for 1.05 crore and who later sold madhouse to Seventymm and joined them as VP-Corporate Strategy has now decided to quit Seventymm alongwith...
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Funding Updates : Seedfund considering investment in Mudranik, UniApply

Moving on from the “cash prizes” handed over to the Business Plan competition winners, the business schools have now moved to awarding the winners by actual funding – something that...
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VCs invest over half a billion dollar in India in 2007

A report by Venture Intelligence says Venture Capital firms invested around $543 million in India in 2007. A total of 98 companies were invested in, majority of them being the seed-level and stage 1 funding.   Sudhir...
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Myntra.com gets Seed Funding from Erasmic Venture Fund

For those who dont know Myntra.com is an online marketplace for on-demand consumer products stuff like T-Shirts, Mugs, Calendars, Keychains, Diaries etc where you can publish you own design on the product...
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