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Author Archive ‘ Manu P Toms ’


‘I want to invest in uniquely Indian companies’: Palihapitiya

Chamath Palihapitiya, whose Silicon Valley-based VC firm Social+Capital Partnership last week unveiled a plan to invest $1 billion in India by 2025, is the latest investor to come with moneybags to back Indian startups. A familiar name in Silicon Valley, Palihapitiya became the youngest vice preside...

10 August, 2015 | More »


Silicon Valley VC firm Social+Capital Partnership lines up over $1B for India by 2025

Four-year-old Silicon Valley-based venture capital firm Social+Capital Partnership plans to invest over $1 billion in Indian companies in sectors such as financial services, energy, infrastructure and agriculture, its founder Chamath Palihapitiya said at a press meet in Bangalore. Sri Lanka-born 38-...

7 August, 2015 | More »


InMobi ties up with Amazon and Paytm for India launch of discovery-led mobile commerce platform

SoftBank-backed mobile ad technology company InMobi Pte Ltd has joined hands with Amazon India, mobile wallet Paytm and others for the India launch of Miip, its new platform for discovery-led mobile commerce. Miip, which has an animated green monkey as mascot, engages users by suggesting products to...

6 August, 2015 | More »

V Balakrishnan

B2C startups’ GMV is an artificial number; B2B revenues are more real: Exfinity’s VBalakrishnan

A year after launching venture capital firm Exfinity Venture Partners, V Balakrishnan, former CFO and board member of Infosys, is in the middle of raising money for two new funds under the VC firm. Founded by veterans of top-tier IT industry firms, Exfinity is looking to raise a Rs 250 crore fund be...

3 August, 2015 | More »


Aujas co-founder Manjula Sridhar to help individuals fight cyber crime with new venture ‘ArgByte’

Aujas Networks’ Manjula Sridhar, one of the earliest women technocrats to be smitten by the entrepreneurial bug, is back with her second venture, a startup that helps individuals deal with online harassment and threats. Christened ArgByte Technologies Inc, the US-incorporated firm intends to w...

3 August, 2015 | More »


Exclusive: Kris Gopalakrishnan to back crowdsourced software testing startup 99Tests

Infosys co-founder and its former CEO, Kris Gopalakrishnan and other individual investors are in the final stages of investing in Bangalore-based startup NinetyNine Tests Software Pvt Ltd, which runs an online community offering crowdsourced software testing services, sources privy to the developmen...

30 July, 2015 | More »


Seed investor AngelPrime raises $47M in new fund, rebrands as Prime Venture Partners

Bangalore-based seed stage capital firm AngelPrime has raised Rs 300 crore ($46.82 million) for its second VC fund mostly from institutional investors from Silicon Valley, New York, Hong Kong, Europe and Singapore and a few high net-worth individuals, it said on Thursday. Its institutional investors...

30 July, 2015 | More »


Square’s Gokul Rajaram invests in home decor & design startup Livspace, joins as special advisor

Gokul Rajaram Gokul Rajaram, product engineering lead at US-based payments and small business solutions company Square Inc, has invested an undisclosed amount in Bangalore-based home design and décor startup Livspace and joined as its special advisor. Rajaram was formerly product director of ads at...

28 July, 2015 | More »


Online platform for real estate brokers IndiaMLS raises $1M in seed funding

Multiple listing online platform for real estate brokers IndiaMLS, run by IndiaMLS Systems Pvt Ltd, has received seed funding of $1.09 million (Rs 7 crore) from a group of high net-worth individuals, including Mumbai-based real estate businessman Dhaval Bharot. Founded in May by Jay Patel (CEO) and...

24 July, 2015 | More »


Finance, healthcare & food firms set to grow big in Bangalore: VCCircle Investment Summit

Bangalore startup scene is moving beyond technology and companies in sectors such as finance, healthcare and food are poised to grow big in the city which is dubbed as the startup capital of the country, according to panellists at the opening session of VCCircle Bengaluru Investment Summit 2015 held...

23 July, 2015 | More »