04/08/2016

Gaia Smart Cities raises $300,000 from angel investors Devang Mehta, Sandeep Shetty

Gaia Smart Cities, a venture by former Reliance Jio president and chief information officer Sumit Chowdhury, has raised $300,000 from angel investors Devang Mehta and Sandeep Shetty. The funding will be utlized for product development targeted at smart city initiatives, and demonstrations and pilots for various clients.
04/08/2016

Axilor Ventures plans to invest in 15 startups this financial year

Bangalore-based Axilor Ventures on Wednesday said it plans to invest in 12-15 start-ups in the current financial year. Axilor offers three platforms—early stage venture capital funding, scale up and accelerator programme.
04/08/2016

Ratan Tata to set up venture capital fund

Ratan Tata in partnership with the University of California, is setting up a venture capital fund with a corpus of around $100-150 million. They are looking at investments in the ticket size of around $10-15 million. However, initially they are also looking at writing smaller cheques of around $5 million.
04/08/2016

Israeli cloud solutions firm Cloudyn raises $ 4 Million from Infosys

Infosys Ltd has invested $4 million in Israel-based cloud monitoring solutions startup Cloudyn Software Ltd. The transaction will be completed this month, Infosys said in a stock-exchange filing on Wednesday. The company will get an undisclosed minority stake in Cloudyn. The startup which was founded in 2011, enables enterprises to […]
Top