You are browsing the archives of sherpalo.

On the whole it does seem that there is potential and paymate seems to be doing all the right things for an early mover in a nascent market i.e. raising enough money, doing multiple tie ups and in general leading the industry. But funding along with its pro’s has its cons as well. A funded startup could become an alienated startup..

Well they say its not too late to change a business strategy. Better change it than see your business die. This principle can be very well applied to mKhoj.com which initially started as a mobile search engine and was able to raise seed capital from the mumbai angels. But over time they realised that [...]

FutureBazaar.com which is the Future Group’s e-commerce venture has raised funding for which it has given 15% of equity to Sherpalo Ventures and KPCB (Kliener Perkins) which is headed by Ram Shriram. As this report suggests that the Future Group was looking at raising $20-30 Million For Futurebazaar.com and diluting 10-15 percent stake. So the [...]

Its just been a week since the new year started and already the money seems to be pouring in when it comes to online startups. Million dollar funding news has almost become the norm in the internet and mobile circles. So here are two more updates on who got funded by whom and what it [...]