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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 as  Technology, Technology-enabled Services, Internet, Mobile, Media, Life Sciences, Consumer Products and Services, and other high-growth sectors of the Indian economy
Seed and early stage [...]

As mentioned in the ealier post WATBlog was at the 4th edition of the Barcamp Mumbai which was being held at the IIT Mumbai SJMSOM Institute of Management. Now for those who dont know the concept of barcamp is an international one and it basically is an ad-hoc get together of techie and tech/startup enthusiasts [...]

NEN (National Entrereneurship Network) and TATA have launched hotteststartups.in a platform where one can nominate and vote for the hottest startups of India. WATBlog is happy to be a associate partner of this initiative and would recommend all the startups to list themselves and also participate in voting for the other startups.

Besides for TATA and [...]

There is no dearth of funding in India and that can be clearly seen in the second quarter of 2008. According to the Quarterly India Venture Capital Report released yesterday by Dow Jones VentureSource, advertising start-ups have received maximum funding - $89 million-nearly 37% of the region’s quarterly investment total-went to five advertising/marketing companies, more [...]

Funding Funding and more funding.. Well soo much of it that its difficult to get by for a day till funding isn’t mentioned in a post. So here are all the funding updates :
 
Homeshop18 raises 21 M $ from Saif and Capital18
HomeShop18 which is Network18’s online and on-air retail marketing company and which launched the [...]

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 makes much more sense for wannabe entrepreneurs.
 
IIM-Calcutta’s annual business plan competition i2I 2008 will have Seedfund considering investments in two of the winning teams - [...]

TiE – IIM Event
 
TIE-Kolkata,IIM-Calcutta,Seedfund,IISc Bangalore,NEN & IIT-Kharagur. Are jointly organizing TiEGER ’08, an International Event on Entrepreneurial Awareness and Celebration of Entreprenuership in Eastern India.
 
The event goes step ahead of the traditional, academic business plan competitions, in that it provides a fund to the winning team and also provides them with mentoring for setting up [...]

The TIE-ISB Connect is happening in Hyderabad and as I blog this the session on Internet and Mobile is coming towards its end.  This session had a lot of talk on how mobile can have applications for data and internet that can make a major impact. There was also talk on mobile advertising and how [...]

Yes we are back with WATShow! And though its almost midweek we have managed to get our 3rd show up and running!
This show is shot in the arabian deserts! And besides for the exotic locales we also have 2 really big VC’s talking about their respective funds and also their thoughts on local content and [...]

Online Photo sharing and printing is one of the most crowded spaces and we have blogged about the same earlier as well and also published a presentation covering most of the players in this space. Also recently we had blogged about 16frames which alongwith photo printing also provides video publishing i.e. users can upload and [...]

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 and then buy it!
They have various customization tools which enable the user to create and customize his own design. Myntra’s core team comprises [...]

Anyone who is either connected with advertising or media should have heard or been a regular visitor to agencyfaqs.com. I infact used to frequest agencyfaqs quite a lot in my college days for completing my advertising related projects and also to visit their Jobswitch section. Now im an reader of their digital section which has [...]