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Author Archive ‘ Bhawna Gupta ’

Enterprise analytics startup Pragmatix raises $2.4M from SIDBI

Thursday, July 30, 2015 | More »

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Business intelligence and enterprise analytics startup Pragmatix Services Pvt Ltd has raised Rs 15 crore ($2.4 million) from SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of India (SIDBI). Pragmatix will use the money to build new data models, invest in pl...

Exclusive: Kinnevik, new investors buy stake in Quikr from existing shareholders

Wednesday, July 22, 2015 | More »

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Swedish investor Investment AB Kinnevik has shelled out fresh money to raise its holding in classifieds site Quikr in a secondary transaction a few days ago, becoming the single-largest shareholder of the firm. The secondary deal is believed to have seen some others, including new investors too, buy...

Blue Star Infotech to acquire remaining 51% stake in associate BI & analytics firm

Wednesday, July 22, 2015 | More »

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Blue Star Infotech Ltd, a Mumbai-based technological consulting services provider, has received its board approval to acquire remaining 51.03 per cent stake in Blue Star Infotech Business Intelligence and Analytics Pvt Ltd, for an undisclosed amount, according to a stock market disclosure. Post acqu...

Former MySpace CEO Michael Jones launches $30M VC fund to back Indian mobile startups

Monday, July 20, 2015 | More »

Michael Jones
Michael Jones, former chief executive of MySpace, is raising a $30 million (Rs 190 crore ) venture capital fund named Science India Fund to invest in early-stage startups that are building mobile phone applications, The Hindu reported. He expects to close the fund in a few months. The fund is floa...

Singapore’s fintech startup fastacash aims to expand in India and other markets with $15M funding

Friday, July 17, 2015 | More »

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Singapore-headquartered financial technology company fastacash Pte Ltd has raised $15 million in Series B funding from Rising Dragon Singapore to strengthen its tentacles in India and other large markets. The company will use the money to build a foothold in India, which is one of the the world’s ...

Mobile internet firm Ver Se acquires e-commerce recommendation platform BuyT.in

Thursday, July 16, 2015 | More »

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Bangalore-based Ver Se Innovation Pvt Ltd, the owner of local language mobile app NewsHunt among other businesses, has acquired Delhi-based Rocket Science Innovations Pvt Ltd, which runs e-commerce price comparison and recommendation platform BuyT.in, for an undisclosed amount. “The BuyT team ...

On-demand delivery platform Roadrunnr raises $11M from Sequoia Capital, others

Wednesday, July 15, 2015 | More »

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Bangalore-based Roadrunnr, a hyper local on-demand delivery service founded by former Flipkart employees, has raised $11 million in Series A funding from venture capital firm Sequoia Capital and others. Existing investors Nexus Venture Partners and Blume Ventures also participated in this round at ...

Technical recruiting platform HackerRank raises $7.5M from Japan’s Recruit Holding

Tuesday, July 14, 2015 | More »

Bangalore and California-based Interview Street Inc, which offers a technical recruiting platform for enterprises under the brand name HackerRank, has raised $7.5 million from Japanese firm Recruit Holding’s HR Technology Fund, as per a press statement. Peeyush Ranjan, VP (engineering-Motorola...

On-demand physical storage solutions provider to consumers BoxMySpace raises $300K in angel funding

Tuesday, July 14, 2015 | More »

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DTC Technologies Pvt Ltd, which owns and operates a platform for physical storage services or warehousing for consumers under the brand name BoxMySpace, has raised Rs 1.92 crore ($300,000) led by Farooq Oomerbhoy, one of the co-founders of early-stage investment firm Orios Venture Partners, the comp...

Former FreeCharge CEO Alok Goel joins VC firm SAIF Partners

Monday, July 13, 2015 | More »

Alok Goel
Venture capital and growth equity investment firm SAIF Partners has appointed Alok Goel, former chief executive officer of online recharge platform FreeCharge, as managing director, according to a press release. In this role, Goel will be looking into early stage investments. “He brings a weal...

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