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SaaS-based market analytics firm InsideView raises $32.5 million from Spring Lake Equity Partners

Friday, July 31, 2015 | More »

SaaS-based market intelligence firm InsideView Inc, which develops some of its global offerings from a product development centre in Hyderabad, has raised $32.5 million in equity and debt funding from Spring Lake Equity Partners and existing investors. InsideView’s investors Big Sky Partners, Foun...

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

Thursday, July 30, 2015 | More »

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...

Enterprise analytics startup Pragmatix raises $2.4M from SIDBI

Thursday, July 30, 2015 | More »

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...

ManageMySpa raises $6M in Series A funding from Accel Partners

Monday, July 27, 2015 | More »

ManageMySpa, which runs a cloud-based technology platform for spas, salons and medical spas, has raised $6 million in Series A funding from Accel Partners and others. The company will use the money to accelerate its sales and marketing growth globally and to expand its mobile product offering, as pe...

Canadian SaaS startup Procurify raises around $4M in seed round from Nexus, others

Thursday, July 23, 2015 | More »

Canada-based Software-as-a-Service (SaaS) startup Eka Innovations Inc that operates under the Procurify brand has secured $4 million in seed investment from Nexus Venture Partners, Point Nine Capital and the Business Development Bank of Canada, according to a press release. The startup, which offers...

Exfinity invests in online fitness marketplace Fitternity, Big Data analytics firm IQLECT

Thursday, July 23, 2015 | More »

Exfinity Venture Partners, a venture capital firm formed by IT industry veterans TV Mohandas Pai, Balakrishnan V, Girish Paranjpe and Deepak Ghaisas, has put money in online fitness discovery platform Fitternity and real time big data analytics firm IQLECT. The Mumbai-based Fitternity raised Rs 6.3 ...

Sify’s cloud and managed services business soars 66%, internet revenue up 16% in Q1

Thursday, July 23, 2015 | More »

NASDAQ-listed Indian internet and IT services firm Sify Technologies Ltd has reported a 66 per cent rise in cloud and managed services services while its internet business grew by 16 per cent for the first quarter ended June 30 over the year-ago period. Total revenue for the quarter was up 15 per ce...

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

Wednesday, July 22, 2015 | More »

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...

Digital marketing startup Mobikon raises $2.3M from Singapore’s Jungle Ventures, two angel investors

Wednesday, July 15, 2015 | More »

Mobikon Asia Pte Ltd, a digital marketing startup located in India and Singapore and offering a customer engagement platform for hospitality and retail sectors, has secured $2.3 million (about Rs 14.5 crore) in a funding round led by Singapore-based Jungle Ventures and two angel investors, including...

Transportation tech provider MoveInSync raises venture debt funding from InnoVen Capital

Tuesday, July 14, 2015 | More »

MoveInSync Technology Solutions Pvt Ltd, whose management solution is used by the likes of Google and Microsoft for transporting employees, has raised an undisclosed amount of venture debt investment from InnoVen Capital India, a non-banking financial corporation. The funding will be used for MoveIn...

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