Archive for venture fund
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“India Is Still One Of The Best Investing Opportunities In The World” – Sarayu Srinivasan, Intel Capital
The tough phase of lack of funds for entrepreneurs continues as the economy forces venture capital firms to spend more money with longtime holdings. This makes it tougher for startup firms to get a mind share of venture funds. The 2009 Global Survey states that most VC firms are willing to invest only in fewer [...]
TOM Online may sell stake in indiagames
Economic Times: TOM Online Inc a leading wireless Internet company in China providing value-added multimedia products and services. is looking to sell its 62% stake in Mumbai-based Indiagames. The new investor is expected to pump in $25m in the company. it will be the largest investment in the fledgling Indian gaming industry.
Due to the [...]
Looking for funding? Look no further!
Well WATblog stands for Web, Advertising and Technology blog and since internet came into being and internet companies started making millions.. The relationship between venture funds became the most crucial for an internet or technology companies future. I say this because as an entrepreneur you really dont want to give part of your company away and [...]
Sulekha gets 10 million $ in funding!
Its raining funds!!! Atleast as far as the Internet space in India is concerned. Sulekha.com which is very well known for its online classifieds business and who recently added new features has recieved 10M$ in funding from Norwest Venture Partners (NVP), a leading global technology venture capital firm. According to the release Sulekha.com plans to [...]
Web18 gets 10 million in funding
Web18 the internet arm of the TV giant TV18 which had recently acquired Cricketnext, CompareIndia and UrbanEye has recieved 10 million dollars in funding from Tracer Capital. This funding has come at the right time for Web18 as all its competitors (Naukri group, BharatMatrimony group, MakemyTrip.com, Cleartrip.com, Cricinfo.com) in both the travel (web 18 holds a stake [...]
Bharatmatrimony follows shaadi and times footsteps
Not too long ago we had a story about Shaadi.com and Timesgroup looking at South-East Asian Markets and now in an Interview to CIOL the founder and CEO of BharatMatrimony Murugavel Janakiraman has mentioned his move to go south east.. Below is an excerpt
Murugavel Janakiraman, founder and CEO of BharatMatrimony
Could you detail us more on [...]
Dotcoms and Venture Funding – Two of a kind
Financial Express: Venture Funding more often than not are the two most important words for an internet entrepreneur or for any entrepreneur in a capitalist economy. Dotcoms saw the crash of 2001 but a recent article states that the confidence in Dotcoms is back and if you dont believe me then this fact will surely make [...]
Google looking at aquisitions in India
Red Herring: Google has released an ad on its recruitment page stating a unique requirement. Google is searching for a Corporate Development Manager, South Asia – Bangalore or Mumbai who can scout partnerships and acquisitions for google in India
The following is what they are asking
"Can you look across a crowded landscape and spot the partnership [...]
Yatra gets David for creativity
Exchange4media: Its seems that yatra.com is fully geared up to launch a massive advertising campaign. Recently they has announced that Tribal DDB (Possible reason is that Reliance Capital has funded yatra and TribalDDB is one of its subsidiary companies Mudra’s digital arm)would be handling their media duties and now they have appointed David as their official [...]
Investors become advertisers and distributors for Yatra.com
Its well said in the veture capital circle that the difference between a great and not so great company could directly depend on the kind of entrepreneur and investors backing the company and their commitment towards the company. So its no surprise that Yatra.com is getting all that it could ask from its investors (TV18 [...]
BharatMatrimony wants to spend its money!
If i were to ask you what would you do if i gave you 8.65 million dollars? The obvious answers is "Ill spend it!". So your interent companies are no different. BharatMatrimony just days after announcing that it has recieved funding from Yahoo.com and Canaan Partners has invited an agency pitch for its advertising account (which includes [...]
Its raining venture capital! – Updated*
ContentSutra: Its raining venture capital in India quite literally. The BharatMatrimony Group that owns BharatMatrimony.com, IndiaProperty.com, ClickJobs.com and IndiaAutomobile.com) has got ventura capital investment of 8.6 Million Dollars from Yahoo.com and Canaan Partners which in India is managed by Alok Mittal founder JobsAhead.com. Now this makes is the classified segment really competitive as far as money power [...]
Baazee.com founder turns Venture Capitalist
Avnish bajaj the founder of Baazee.com that was aquired by Ebay has joined hands with Matrix Partners US and formed Matrix Partners India which announced the closing of its first fund. The $150 million, multi-sector, multi-stage fund will focus on early to growth stage businesses in the Internet, mobile, financial services, media & entertainment, healthcare, travel [...]
Wah India goes the Investor community!
Well Indians seem to be enjoying the boom in Online Media like no other country. So here again one more company has got angel funded for a undisclosed amout so what if the company is based in the US after all its founded and run by an Indian and appropriately called WahIndia (www.WahIndia.com), an online [...]
Web Startups can look at a brighter future
With the rising interest in Web 2.0 , innovative attitude of Indian Entrepreneurs and the pouring of funds in the Indian Market by Venture Investors shows very good signs for Internet Startup companies. In the last one year nine Indian internet ventures got funding to the tune of $80 million from VC funds.
THE COMPANIES THAT GOT [...]