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Enterprise

Green energy startup igrenEnergi gets fresh funding

Friday, February 12, 2016 | More »

Jiten-Apte_igrenenergi
igrenEnergi Inc, a US-headquartered startup incubated at the Indian Institute of Technology-Bombay, has raised fresh funding to launch a product that it claims will improve the efficiency of solar energy panels. The company secured the investment from New York-based angel investor Sunil Mehta, it sa...

ActOnMagic

Data analytics startup ActOnMagic raises seed funding

ActOnMagic Technologies Pvt Ltd, which builds cloud analytics and management products to deliver intelligence and control for enterprises, has raised an undisclosed amount in a seed round of investment, led by NetMagic’s co-founder Jayabalan Subramanian, according to a press statement. The fun...

12 February, 2016 | More »

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Anti-virus software maker Quick Heal’s IPO oversubscribed around 10 times

The initial public offering of Sequoia Capital-backed anti-virus software maker Quick Heal Technologies Ltd was oversubscribed 9.68 times led by institutional investors, high net-worth individuals (HNIs) and corporate investors who bid aggressively on the final day of the issue. Non-institutional in...

10 February, 2016 | More »

Quick-Heal

Sequoia-backed Quick Heal’s IPO subscribed 77.5% by day 2

The initial public offering of Sequoia Capital-backed antivirus software maker Quick Heal Technologies Ltd was covered 77.5 per cent at the end of the second day on Tuesday, stock-exchange data showed. The IPO subscription was led by retail investors, who bid for 1.38 times their quota. Qualified in...

9 February, 2016 | More »

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Exclusive: Gray Routes raises second round of angel funding

Gray Routes Technology Pvt Ltd, which provides last mile logistics technology solutions to B2B and B2C firms, has raised an undisclosed amount in its second round of funding from Mahesh Parasuraman, co-founder of VC firm Amicus Capital, Rahul Gautam, a Hong Kong based investment banker and a group o...

8 February, 2016 | More »

Girish Matrubootham, CEO, Freshdesk

Private unicorn’s no big deal, challenge is to be a public unicorn: Freshdesk’s CEO

The year 2016 will be a year for scaling up, according to Girish Mathrubootham, CEO of Freshdesk Inc. The San Francisco- and Chennai-based provider of SaaS-based customer support platform for enterprises also intends to set up its first European base. In an interview with Techcircle.in, Girish Mathr...

8 February, 2016 | More »

Quick_Heal

Sequoia-backed Quick Heal raises $19.7M from anchor investors

Sequoia Capital-backed antivirus software maker Quick Heal Technologies Ltd has raised Rs 134 crore (about $19.7 million) from a bunch of anchor investors ahead of its initial public offering (IPO). The company allotted 4.17 million shares at Rs 321 apiece, the upper end of the price band, to 10 anc...

8 February, 2016 | More »

iBus

Why call drops are music to iBus’ ears

Call drops and poor or intermittent internet connectivity on smartphones have become so much of a bane today that the Telecom Regulatory Authority of India (Trai) has ordered telecom companies to pay customers Re 1 for each call that gets dropped. Bangalore-based iBus Networks & Infrastructure P...

5 February, 2016 | More »

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Exclusive: Walden Riverwood close to backing Indian semiconductor startup

Walden Riverwood Ventures (WRV), a San Francisco-based early-stage venture capital firm, is close to sealing its debut deal in India as it charts a focused investment plan for the country. WRV, floated by Walden International founder Lip-Bu Tan along with Michael Marks and Nicholas Braithwaite in 20...

3 February, 2016 | More »

Ambiga-Dhiraj

Mu Sigma names Ambiga Dhiraj new CEO

India- and US-based data analytics company Mu Sigma Inc. has appointed Ambiga Dhiraj as its new chief executive officer. Ambiga replaces Dhiraj Rajaram, her husband and the company’s founder who will now be its chairman, according to a press statement. She has been working with Mu Sigma for about ...

3 February, 2016 | More »

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