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Infosys to invest in up to 10 startups a year

July 18, 2016

India’s second-largest software services exporter Infosys will do 8-10 deals every year from its $500 million corpus earmarked for venture capital investments in startups across the globe. The focus will be on IT startups mainly and also startups in cyber security, digital technology and data space.

Read more - http://www.vccircle.com/news/technology/2016/07/15/infosys-invest-10-startups-year

CommonFloor CEO, Jabong CTO back e-commerce aggregator Baggout

July 18, 2016

New Delhi-based product aggregation website Baggout has raised funding from multiple angel investors.  This is Baggout’s second round of funding, after it raised a small amount from two investors in March.

Read more - http://www.vccircle.com/news/technology/2016/07/15/exclusive-commonfloor-ceo-jabong-cto-back-e-commerce-aggregator-baggout

Incubator TurningIdeas partners with Chandigarh Angels Network

July 15, 2016

Incubator TurningIdeas Venture Partners (TVP) has tied up with Chandigarh Angels Network (CAN) to act as an ecosystem facilitator for startup leads, investor access and mentor engagement.  Both partners will also jointly organize startup conferences, demo days, investor meetups and hackathons.

Read more - http://economictimes.indiatimes.com/articleshow/53222039.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Enterprise workflow collaboration firm WorkApps raising $ 1 Million seed funding

July 15, 2016

Pune-based enterprise workflow collaboration (EWC) firm WorkApps has raised $1 million from seed stage investment firm SRI Capital. The WorkApps product will be rolled out in the US, Europe and Asia-Pacific later this year.

Read more - http://www.vccircle.com/news/technology/2016/07/15/sri-capital-backs-enterprise-workflow-collaboration-firm-workapps

Satvacart to raise another $2 mn in current round

July 15, 2016

e-Grocery retailer Satvacart today said it is keen to raise another $2 million in current round of funding, in which a clutch of individuals, including Abhijit Avasthi, Karan Chellani and SP Vijay have already invested an undisclosed amount.

Read more - http://economictimes.indiatimes.com/articleshow/53211579.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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