Accel Partners’ Subrata Mitra has joined the list of some of the renowned venture capital investors in world thanks to the early investment bet on Flipkart, the country’s largest ecommerce firm. Mitra figures in the latest Forbes Midas List for top 100 global tech investors. Although Indian  Continue...

Mumbai-based Just Dial Ltd, which runs an India-specific local business listings site, will raise Rs 360 crore (~$68 million) through a public issue which may hit the markets within the next 8-10 weeks, sources close to the development told VCCircle. This would make it the biggest public issue by a Continue...

Venture capital firms Accel Partners and IDG Ventures India are making their second co-investment in the medical technology space by backing Forus Health Pvt. Ltd. The Bangalore-based company, which is into low cost affordable medical technology and solutions business, has raised Series A funding Continue...

Early-stage venture capital fund YourNest Angel Fund says that it has made a first close today, raising the initial corpus from a set of 40 individual investors including angel investors and first-generation entrepreneurs. The firm, however, declined to disclose the amount raised. YourNest Angel Fu Continue...

Digital advertising market is growing faster than anyone has imagined and is now attracting a new set of players. Earlier this month, Temasek-backed Singapore Telecommunications Ltd or SingTel struck a deal to buy California-based mobile advertising solution provider Amobee for $321 million. The sev Continue...

For the founding team of BigBasket.com, a grocery e-tailer based in Bangalore, this is the second innings in e-commerce. The team of five – VS Sudhakar, Hari Menon, Vipul Parekh, VS Ramesh and Abhinay Choudhari – had earlier launched Fabmart.com (backed by ChrysCapital), selling music, books, to Continue...

IDG Ventures India led a $14 million series B round of investment into BrainBees Solutions Pvt Ltd, which owns the brands FirstCry.com and GoodLife.com. SAIF Partners, the first institutional investor in BrainBees, participated equally in the round. SAIF had invested $4 million in the company in May Continue...

BASIX Sub-K iTransactions Limited, a mobile payments platform promoted by Vijay Mahajan’s BASIX Group, has raised an undisclosed amount of equity investment from Michael & Susan Dell Foundation. Sub-K provides residents of rural, urban and semi-urban areas with a mobile technology based tr Continue...

Harvard alumni Raj Chinai and Ramesh Shah, in collaboration with Harvard University, have recently co-founded and launched Harvard Business School Angels of India (HBSAI), an India-centric angel investing organisation. Incidentally, HBSAI happens to be the country’s first international angel netwo Continue...

Krishnan Ganesh: This serial entrepreneur needs no introduction. Ganesh has recently sold his latest start-up – an education-cum-consumer Internet services firm TutorVista Global – to British media group Pearson Plc. at a valuation of nearly Rs 1,000 crore. Fresh from this sale, Ganesh has start Continue...