Policybazaar.com,  a website which aggregates Insurance policy plans has received its third round of funding. eTechAces Marketing and Consulting Pvt. Ltd., the company behind Policy Bazaar has confirmed that they have received $5 million (Rs. 27 crore approx) in a round that was led by Inventus Capital Partners. Previous investors Infoedge and Intel Capital have also participated in this round. The...

Aspiring entrepreneurs and startups in India  now have yet another accelerator program designed to get them to start flying. The Centre for Innovation Incubation and Entrepreneurship (CIIE) and Village Capital have joined hands to kickstart an accelerator program for aspiring technology startups. This program is designed for for profit tech startups looking to solve problems in mobile/ICT, health,...

Unilazer Ventures has chosen to step into the world of e-Commerce sector by investing in multi-portal lifestyle products e-tailer Valyoo Technologies. Along with earlier investor IDG Ventures, the duo has put in a total of Rs. 53 Crores (@ US$ 10 Million). The funds are expected to fetch a double digit stake for Unilazer in Valyoo. The company operates specific vertical niche products websites namely:...

Guest Author – Alok Kejriwal – CEO Games2win.com In an increasingly alarming rate, I have begun to receive a panic stricken call from close friends who have been cheated of their esop/ equity/promised /founder shares in start up’s and VC funded companies. This is what is I keep hearing: * There was no paper work in place while I was there, and when I left * The CFO kept changing * I...

We had the good fortune of listening to a presentation by Ritesh Banglani from IDG Ventures India at the recently held Startup City event in Bangalore. He pointed out the assumptions and beliefs that their VC firm had on the Indian Internet space. We quite enjoyed the presentation and are sharing his points here. A must read for any internet entrepreneur looking to pitch to a VC. 1) Average monetization...

Just yesterday we blogged about the second batch of Morpheus Venture Partners companies and there were some queries on their model So we decided to have an exclusive interview with Sameer and Nandini of Morpheus Ventures and asked them some interesting questions. Read on to know all there is to know about Morpheus Venture Partners – India’s self proclaimed YCombinator model. Q) What...

WATShow interviewed Dr Rajesh Shrivathsa of Ojas Ventures when we went shooting the Startups at Proto 4. We had recently covered Ojas Ventures’ acquisition of mobile tech startup Mango Technology. And as promised then, we now have an interview with Dr. Rajesh. The interview revolved around the following topics: A brief introduction about Ojas Venture The companies that Ojas has funded The...

Its seems to be the official funding news day with earlier the announcement coming in from Ozone media regarding raising of 4 million dollars and now its time for another advertising based startup by the name of Ideacts to announce its funding. Sp Sequoia has gone ahead and bet 5 million $ on Ideacts which esentially has a product called Clinck that powers desktop advertising. Well these are desktops...

Youtube is one of the webs most well documented successes. It can be awarded the most revolutionary innovation since the invention of television given the sheer distribution of video that it has created and has feeded on the long tail of video viewers be it on blogs or on youtube itself.   Now one of Youtube’s co-founders Jawed Karim has gone ahead and launched his own venture capital firm known...

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 – Mudranik...