Aplhaworks Shows A New Way Forward For Startup Funding.

Betaworks, the company behind the new Digg Reader has announced something interesting. Their new product Alphaworks is built to take crowdfunding to a more democratic level. Instead of just funding a project, like many do on Kickstarter, Alphaworks will allow users and others to purchase equity in the startups that list on the platform.Imagine having a startup and putting it up on a platform like...
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InfoEdge Expresses A Commitment of Rs. 71.5 Crores Till Date In Meritnation

Online K–12 Education, Student Progress and Assessment Platform Meritnation, has received another fund infusion of Rs. 10 Crores (US$ 1.6 Million) from its long–term investor Info Edge (India) Ltd.This latest round of funding, which comes at the end of 2013, was preceded by another round in the beginning of 2013 that valued Rs. 30 Crores (US$ 5 Million). In all, Venture Capital (VC) firm Info...
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Minglebox Seeks To Collate Information About Online Courses By Launching MOOC Section

Education centric portal Minglebox, backed by Sequoia Capital, has launched an interesting collative effort to offer information about Massive Open Online Courses (MOOC). The section appears to be an extensive attempt to aggregate information not just about the courses, but associated information as well.What is the intention behind such an undertaking? It is interesting to note that this MOOC section...
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Simplilearn Gets $ 10Million Jointly From Existing Investor Kalaari And VC Firm Helion Venture

Online education and course-material distribution platform Simplilearn.com has managed to bag its second significant Series B funding. US$ 10 Million have been pledged by existing investor Kalaari Capital as well as newly interested Venture Capital (VC) firm Helion Venture Partners.Simplilearn, having secured its first institutional Series A funding of US$ 3 Million exactly a year ago, has been trying...
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Nirvana Venture Advisors Invests In Games2Win By Acquiring 10% of the Company’s Equity

Games2Win announced today that Nirvana Venture Advisors have invested in the gaming company and acquired upto 10% of the company’s equity. This was equity which was previously held by Nexus India Pvt. Ltd, ICICI Ventures and some senior employees of Games2Win.Games2Win is one of the top 20 online gaming companies in the world. It was founded by Alok Kejriwal who serves as CEO of the outfit. Games2Win...

American 4B Capital Fund Picks Up 30% Stake In Eko India

Mobile banking services provider Eko India Financial Services Pvt. Ltd. has secured additional funding from 4B Capital Fund A, a Colorado-based social fund set up by 4B, a Christian charity group. The funding comes in return for a 30% stake in the company. 4B Capital’s General Partner, Christopher Murdoch has joined Eko’s board with this acquisition. WATBlog featured a review on Eko and...
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‘It takes 30 years of hard work to be an overnight success’ – Raman Roy – Founding Member – Indian Angel Network

We did a WATShow to Raman Roy the founding member of Indian Angel Network (previously band of angels) at the recently concluded Nasscom summit and questioned him about angel funding, business plans, what’s critical for a startup and so on. Check out the WATShow below. httpv://www.youtube.com/watch?v=wAcXE_CQMZc Also check out other videos at WATShow.com .. We have over 50 exclusive interview...

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 his Madhouse partner Nandini and start off a new venture. The new venture is a US based YCombinator style venture firm called Morpheus Venture Partners. For all those who have little clue on what YCombinator...

One Laila Many Majnu’s! Asklaila raises 10M$ second round of Funding from 3 VC’s!

We had covered the launch of AskLaila and how it featured against the other local search players. So if the laila got her first majnu (For those who aren’t indian laila and majnu can be classified as the indian counterparts of juliet and romeo.) in Matrix Partners the second, and third majnus have come in the form of Lightspeed Venture Partners and SVB India Capital Partners along...