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LimeRoad raises $30M in Series C round from Tiger Global, Matrix and Lightspeed

Gurgaon-based A.M. Marketplaces Pvt Ltd, which runs social commerce platform LimeRoad.com, has raised $30 million (Rs 188 crore) in Series C round of funding from existing investors led by Tiger Global, the company said on Monday. Matrix Partners and Lightspeed Venture Partners also participated in...

30 March, 2015 |More »


News Corp completes acquisition of VCCircle

We are pleased to announce that News Corp has completed its acquisition of the VCCircle Network. We are proud to be the newest business in this great digital and global company. The stage is now set for us to speed up our plans for growth, building on a strong foundation created by proprietary da...

28 March, 2015 |More »


IAN angel investors score 18x returns in under 2-yrs in Stayzilla’s latest funding

Few angel investors have exited from Chennai-based Inasra Technologies Pvt Ltd, the startup behind budget hotel booking site Stayzilla.com, generating 18-fold returns in just under two years, marking a big thumbs up for early stage investments in the country. The company raised $15 million in its S...

27 March, 2015 |More »


Assisted e-com startup IPay Tech claims to be shipping over 15K products a month

Hyderabad-based IPay Tech India Pvt Ltd, which allows non-internet users shop online through an assisted purchase model largely targeting the hinterland, claims to be doing 15,000 transactions a day across its two verticals, digital and physical commerce, founder of the company told Techcircle.in. W...

27 March, 2015 |More »


Peesh Venture Capital raises $50M fund; launches startup accelerator in India

Early-stage investment firm cum startup accelerator Peesh Venture Capital (PVC), which has backed a clutch of US-based startups, has said it will now also invest in India out of its recently raised $50 million (Rs 301 crore) fund. It has simultaneously also launched an accelerator programme in India...

27 March, 2015 |More »


SEBI may issue paper on listing norms for startups next week

  Capital markets regulator Sebi is likely to put out a discussion paper on the listing norms for start-ups next week. Securities and Exchange Board of India (Sebi) Chairman U K Sinha today met an eight-member team from start-up think-tank iSpirt Foundation here to discuss the way forward for s...

27 March, 2015 |More »


Mobile video production firm Yogurt Labs raises $115K in funding

Yogurt Labs, a mobile video production firm, has raised Rs 72 lakh ($115,190) in convertible notes from a clutch of investors, including Silicon Valley-based angel investor Nick Adams and Kiran Bhat, author of ‘No Holy Cows in Business’, according to a report in The Economics Times. Other invest...

27 March, 2015 |More »

Future growth justifies today’s high valuations in ecommerce, say experts

Ecommerce companies have run past the carping experts to emerge as one of India’s high-growth sectors. Investors are ready to shell out cash based on six to seven times valuations and expect the online marketplace to surpass the offline model in India. According to venture capitalists, the eco...

27 March, 2015 |More »


Power bank provider Chargein raises $100K from Pittie Group’s family office

Mumbai-based power bank provider Chargein has raised $100,000 (about Rs 62 lakh) from a family office of Pittie Group, a top executive of the company told Techcircle.in. As part of the deal, Aditya Pittie, CEO, Pittie Group, will join the board of the company. The firm will use the funds for researc...

27 March, 2015 |More »

Lakshmanan Narayan

Social media analytics startup Unmetric’s Lakshmanan Narayan on new products, differentiators

Chennai- and New York-based social media benchmarking startup Unmetric Inc provides social media intelligence platform to agencies and brands across 20 countries. The company has raised $9 million to date across two rounds of funding from Nexus Venture Partners and JAFCO Asia. Techcircle.in spoke to...

27 March, 2015 |More »


Energy solutions startup Urjas raises $100K from Solidarity Venture Capital, others

Mumbai-based energy solutions startup Urjas Energy Solutions Pvt Ltd has raised $100,000 (about Rs 62 lakh) in funding from Solidarity Venture Capital and a few unnamed angel investors, a top executive of the company told Techcircle.in. The firm will use the funds to expand its reach across Maharash...

27 March, 2015 |More »


TC Roundup: Facebook, moving ahead with drone, plans test this summer

Facebook, moving ahead with drone, plans test this summer: Facebook plans to test a version of its solar-powered drone this summer, a step in its efforts to beam internet access to billions of people without it today, executives said on Thursday. Earlier this month, Facebook tested a smaller drone,...

27 March, 2015 |More »

Sharad Sharma

The dos for startups seeking early stage investment

If you are looking for an early stage investor, the value seen in your startup depends on the background of the investor. The same startup, when looked at by two different investors, may elicit different reactions. Here are a few things that startups have to keep in mind while seeking early stage in...

26 March, 2015 |More »


Amazon goes hyper-local in India; linking neighbourhood kirana stores to consumers

Global e-com giant Amazon, which runs an online marketplace in India, has launched an express delivery platform in partnership with mom-and-pop stores called ‘KiranaNow’. It has launched the service in Bangalore on a pilot run before taking it to other cities in the country. Notably this...

26 March, 2015 |More »


Qualcomm Ventures in talks to invest in IoT, hyper-local & personalised e-com startups

Qualcomm Ventures, the venture investment arm of wireless technologies and data solutions major Qualcomm Inc., plans to invest in over five companies in India this year in areas such as hyper-local commerce and personalised e-commerce space, a senior executive of the fund told Techcircle.in. “...

26 March, 2015 |More »

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