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Author Archive ‘ Bhawna Gupta ’

Solar-as-a-service firm Simpa Networks raises $4M from US development finance institution OPIC, others

Thursday, December 18, 2014 | More »

US-based Simpa Networks Inc, which operates as Simpa Energy India Pvt Ltd in the country, has raised $4 million debt funding to scale up the clean electricity solutions in rural India, as per a release. The funding has been raised by Overseas Private Investment Corporation (OPIC), the US Governmentâ...


SAIF Partners scores 30x in part-exit from Just Dial

Multi-stage private investment firm SAIF Partners part-exited its investment in Mumbai-based Just Dial Ltd, which runs the online business directory Justdial.com, by selling its small stake in the company early this year. This is the second part exit after selling some shares as part of the offer fo...

28 November, 2014 |More »


Excl: CADashboard in talks to raise up to $2M in VC funding

Pune-based IT services and consulting firm, MindChipps Consulting Pvt Ltd, which is behind a web-based dashboard connecting chartered accountants, company secretaries and tax professionals with their clients under CADashboard.com, is in talks to raise up to $2 million (Rs 12.5 crore) in venture ca...

21 November, 2014 |More »


Vista Equity Partners buying Vivek Ranadive’s software firm TIBCO for $4.3B

US-based PE firm Vista Equity Partners has entered into a definite agreement to acquire NASDAQ-listed TIBCO Software Inc, an infrastructure and business intelligence software provider, for around $4.3 billion to take it private, the company said in a press release. The deal is subject to approval by...

1 October, 2014 |More »


IFC may invest $10M in AV Birla’s personal finance services portal MyUniverse

International Finance Corporation (IFC) may invest up to Rs 60 crore ($9.7 million) to buy an undisclosed equity stake in Aditya Birla Customer Service Pvt Ltd (ABCSPL), which runsMyUniverse.com, an online personal financial services platform. MyUniverse will use the funding for building of product ...

30 September, 2014 |More »

MercuryMinds logo

Excl: IT services provider MercuryMinds looking to raise $5M

Tamil Nadu-based IT services and solutions provider MercuryMinds Technologies Pvt Ltd is looking to raise around $5 million (Rs 30 crore) for its product development and growth, a top company executive told VCCircle. Formed in 2008 by S Rajaram, MercuryMinds provides online business solutions in e...

5 September, 2014 |More »


Excl: Online healthcare startup Credihealth in talks to raise up to $10M in funding

Gurgaon-based Credi Health Pvt Ltd, an online healthcare services provider is in talks to raise up to $10 million in funding, a top executive of the company informed Techcircle.in. The funds will be invested in scaling up its operations as well as for expansion. The firm will open a Mumbai office i...

20 August, 2014 |More »


Excl: Cloud telephony firm Big V Telecom looking to raise over $6.5M in funding

Big V Telecom Pvt Ltd, a Nagpur-based cloud telephony firm, is looking to raise Rs 40 crore (over $6.5 million) in funding, a source privy to the development informed Techcircle.in. The company has also appointed Surmount Advisors as banker for the proposed funding. The funds will be invested to fue...

20 August, 2014 |More »


Excl: Indic language customised smartphone OS maker Firstouch in talks to raise $10M

Mumbai-based MoFirst Solutions Pvt Ltd, the company behind Firstouch brand of smartphones which comes strapped with Indic language customised operating system on an Android base, is in talks with five venture capital investors to raise $10 million in Series A funding, a top company executive told VC...

23 July, 2014 |More »


Excl: Realty Compass in talks with Kae Capital, Growx, others to raise up to $320K in pre-Series A funding

Chennai-based Blitzkrieg Technology Pvt Ltd, the company that owns and operates property search engine Realty Compass, is in talks with three investors to raise pre-Series A funding, a top company executive told Techcircle.in. “We are talking to Kae Capital, Growx Ventures Management and India...

3 June, 2014 |More »

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