Archive News

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 […]
03/08/2016

Food-tech startup Petoo raises $500K from existing investors, HNIs

Bangalore-based food-tech startup Petoo, owned and operated by Kinematic Foodtech Pvt Ltd, has raised $500,000 from its existing investors and high-net-worth individuals (HNIs) through online deal-making platform LetsVenture. The funding will be utilized for ongoing food research initiatives and to roll out its new products across the country.
03/08/2016

Film discovery app Flickbay raises INR 6 Crore in seed funding

Film discovery app Flickbay, backed by actor and movie director Farhan Akhtar, has raised $890,000 (about Rs 6 crore) in seed funding from Paul Roy, chairman of Dubai-based Riva Digital. The platform provides news, trailers, songs, reviews, ratings, box office collections and information about movies playing in theatres and on […]
03/08/2016

Startup2day Expo 2016

Startup2day Expo is an influential business platform designed to connect entrepreneurs, investors and other key players in the eco-system. For most entrepreneurs, fund raising is perhaps the biggest business hurdle to cross in the journey towards establishment, growth and success. Startup2day Expo strives to make this journey easier by enabling […]
03/08/2016

Entrepreneur India 2016

In its 6th Annual edition, Entrepreneur India 2016 will be bringing together selected leading Entrepreneurs, Start-ups, Investors, Indian Government officials and rest of the world to engage on multi-faceted demands of entrepreneurship across 6 parallel summits ranging from money summit to society summit. The highlight of the show will be […]
03/08/2016

Mentoring Round Table

It is a one of its kind event which will have open mentoring and Q&A, followed by networking, open for all startups.
03/08/2016

Ask Me Anything Session with Axilor Ventures

Axilor Ventures is an early-stage VC firm started by Infosys co-founders, S.D Shibulal and Kris Gopalakrishnan. Axilor helps founders improve their odds of success through its programs and a unique venture funding model. The event aims to address questions regarding being investor reading, startup progress hacks and building customer oriented […]
03/08/2016

TiE Live : Backgroud Screening Services for Start-up

Teams play a crucial role in the success of any startup with their constant perseverance and spirit to execute the tasks envisioned by the founders. In order to ensure the right candidate for the team background screening of the candidates is a must. The webinar aims to discuss several points […]
03/08/2016

Healthcare startup Xcode Life Sciences raises funding from RoundGlass Partners

Chennai-based Xcode Life Sciences Pvt Ltd has raised an undisclosed amount of funding from US-based venture capital (VC) firm RoundGlass Partners. Founded in 2010 Xcode Life Sciences is a bioinformatics company. The company provides preventive healthcare solutions through research in life sciences and technology. It offers offline testing to its […]
03/08/2016

Infosys to bet closer home, $15 Million for Indian venture capital fund

Infosys has begun discussions for what will be its first investment in an Indian venture capital fund — Stellaris Venture Partners . The software services company could invest up to $15 million in the fund, launched by a team of venture capitalists, who are aiming for a final corpus of […]
03/08/2016

Waste management startup ExtraCarbon to raise $225K from Brand Capital, others

Gurgaon-based waste management firm ExtraCarbon is set to raise $225,000 in a round led by Brand Capital, the ad-for-equity investment arm of Bennett Coleman & Co Ltd (BCCL). One institutional fund and one high net-worth individual (HNI) will also participate in the round.  
02/08/2016

Three start-ups from empoWer raise seed funding from Government and Vodafone

Three start-ups from empoWer, a Zone Startups India accelerator for women entrepreneurs, have received equity-free seed funding from the Department of Science and Technology and Vodafone. Saral Design Solutions Pvt Ltd, which makes sanitary napkins, received Rs.10 lakhs and Shubhpuja Services Pvt Ltd, an online marketplace that provides Hindu religious […]
02/08/2016

Mandala Capital makes first close in second $250 Million fund

Private equity firm Mandala Capital is raising $250 million for a new fund, which will invest in agri-businesses in India. The Mauritius-based firm has invested $180 million so far, all in India-based companies involved in agriculture. Mandala Capital looks for opportunities to provide growth capital in public equity investments. The […]
02/08/2016

CTE’s Cambridge Innovations backs two US-based startups

Cambridge Innovations, the investment and technology platform of Cambridge Technology Enterprises Ltd (CTE), has invested an undisclosed amount of money in two US-based startups, EnerAllies and ComplyGlobal. Cambridge Innovations invests in early-stage ventures and helps them leverage technology, big data and machine learning to disrupt markets through the creation of […]
02/08/2016

Hyperlocal delivery platform Daily Ninja raises funding

Subscription-based hyperlocal delivery platform Daily Ninja has raised an undisclosed amount in a pre-Series A round of funding from LetsVenture and TracxnSyndicate investor network platforms. The round saw participation from angel investor Anupam Mittal and Kunal Shah of Freecharge. Led by NuVentures’ Venk Krishnan, the round also saw participation from […]
02/08/2016

HR tech platform Sheroes raises INR 12 crore in Series-A funding

Sheroes a jobs and career platform for women has raised Rs 12 crore in a Series-A funding led by Lumis Partners as part of a larger commitment. Launched in 2014, Sheroes is looking to expand its footprint from 12,000 companies to 30,000 in the next 18 months. It runs a […]
02/08/2016

Food start-up Yumlane raises seed funding from Binny Bansal, Anupam Mittal, others

QwikPik Technology Pvt Ltd, which runs food start-up Yumlane, has raised funds in a seed round from Flipkart chief executive officer Binny Bansal and People Group founder Anupam Mittal. It said that the funding round was under $1 million. The funding will be utilized for brand building, marketing initiatives and […]
01/08/2016

YepMe to open 400 stores by the end of this financial year

Fashion retailer YepMe planning to hive off the software unit into a separate entity is in talks with investors to raise $15-20 million for that entity, which it targets to be a large business ensuring high margins. It plans to open 400 stores by the end of this financial year […]
01/08/2016

Hyperlocal grocery delivery startup Tokri raises $2.5 Million from Syska

Pune-based hyperlocal delivery startup Tokri has raised a pre-Series A round of funding from Syska LED group. The firm has raised $2.5 million (around Rs 16.7 crore), with a commitment from Syska to put in more money. The funding will be utilized to  upgrade technology in a bid to improve […]
01/08/2016

Ovum raises INR 33 crore from Norwest, IL&FS Invest

Bengaluru-based Neonatal Care & Research Institute (NCRI), which runs Ovum hospitals for pediatric and neonatal care, has raised INR 33 crore from IL&FS Investment Managers Limited and Norwest Venture Partners. The company is the latest among mother-and-childcare hospital chains to get funding from venture capital and private equity investors in […]
01/08/2016

Fintech startup EarlySalary.Com to raise $ 6 Million

EarlySalary, a fintech startup that offers personal loans, will raise $5-6 million in the coming months as it looks to expand its presence across cities like Hyderabad, Visakhapatnam and Jaipur.The Pune-based firm offers loans ranging from Rs 10,000 to Rs one lakh for a tenure of 7 to 30 days, […]
01/08/2016

Healthcare-focused Fulcrum Ventures India to raise up to $120 Million new fund

Pharmaceuticals and healthcare-focused private equity (PE) firm Fulcrum Venture India is planning a third fund which could attract as much as INR 700-800 crore. The firm is currently working on registering the new fund with the Securities and Exchange Board of India (Sebi), and the process is expected to be completed […]
01/08/2016

Indian gadget servicing startup Repaireasy raises seed funding

Pune-based online gadget servicing startup Repaireasy has raised a round of  around $250,000 as seed funding from a consortium of investors. The funding will be utilized for marketing, hiring and technology.
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