30/03/2017

Avendus Capital to raise independent tech fund

Avendus Capital, most widely known for its investment banking services in the digital space, will soon launch a digital and technology-focussed fund.
30/03/2017

China’s APUS Group acquires Siftr Labs

APUS Group, China’s fastest growing unicorn has acquired Venture Catalysts-backed Siftr Labs for an undisclosed amount.Founded by veterans from Adobe, Qualcomm, and Samsung with significant expertise in machine learning, image processing, and mobile development, Siftr Labs is a leading technology-driven photo-curation platform.
30/03/2017

Health-tech startup Medinfi raises another angel round

Bangalore-based Medinfi Healthcare Pvt Ltd, a platform to search doctors and hospitals through the Web and mobile app, has raised $50,000 (INR 32 lakh) in its seventh round of angel funding from existing investors. Vinod Martin, COO at a Singapore-based IT services company, Hemant Kaul, former MD and CEO at […]
30/03/2017

Indus OS raises funds from JSW Ventures, others

Mumbai-based OSLabs Technology India Pvt Ltd, which runs smartphone operating system Indus OS, has raised an undisclosed amount in Series A2 funding from early-stage investor VenturEast and JSW Ventures. Existing investor Omidyar Network also participated in the round.
30/03/2017

Emflux raises funding to build India’s first electric sports bike

Bangalore-based Emflux Motors Pvt Ltd has raised an undisclosed amount in angel funding from a group of investors to make what it touts as India’s first electric sports bike. The investors include IIT Delhi alumnus and cryptocurrency expert Meher Roy; investment bankers Nikhil Arora, Meet Kanodia and Krit Sankalp; Nitish […]
30/03/2017

Facebook co-founder Saverin’s VC firm B Capital leads $25 Million round in Icertis

Cloud-based enterprise software firm Icertis Inc has raised $25 million in a Series C funding round led by B Capital Group, taking the total it has mobilised so far from investors to $46 million. Existing investors Ignition Partners, Greycroft, e.ventures and Eight Roads Ventures also invested in the new round.
30/03/2017

SIDBI puts INR 20 crore in solar installation startup Oriano Solar through its private arm

Samridhi Fund, INR 450-crore fund owned by the private investment arm of Small Industries Development Bank of India (SIDBI), has agreed to make INR 20-crore investment in Mumbai-based solar installation startup Oriano Solar. The Series A investment comprises a mix of debt and debenture.
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