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.
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.
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.
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.
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.