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Enterprise

Software services giant Infosys to invest $10M in Irish startups

Friday, July 3, 2015 | More »

Infosys
The country’s second largest software exporter Infosys will spend $10 million from its global innovation fund to invest in Ireland-based startups, the company said today. Though Infosys did not reveal the type of startups it will pursue, the innovation fund’s mandate is to put money in t...

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IoT-based energy management startup Zenatix raises $200K from Snapdeal founders and others

Zenatix, an Internet of things (IoT)-based energy management startup, has raised around Rs 1.27 crore ($200k) in seed funding from Snapdeal co-founders Rohit Bansal and Kunal Bahl, Google Southeast Asia head Rajan Anandan and a clutch of other investors. Trifecta Capital MD Rahul Khanna, Investopad ...

2 July, 2015 |More »

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Data centre firm NxtGen raises $13.5M from IFC, Axon Partners Group, Intel Capital

Bangalore-based IT infrastructure services provider NxtGen Datacenter & Cloud Technologies Pvt Ltd has raised $13.5 million (Rs 86 crore) from International Finance Corporation (IFC), private sector lending arm of the World Bank, Axon Partners Group and existing investor Intel Capital. The money...

1 July, 2015 |More »

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Flytxt raises $11M led by Sunrise Capital, Big Data Investments

Netherlands-headquartered big data analytics solutions firm Flytxt that has offices in Mumbai and Trivandrum in India, has raised $11 million led by Sunrise Capital GmbH and Big Data Investments BV, the company said on Wednesday. Existing investors Cliffton Holding (The Netherlands), IVC Venture Cap...

1 July, 2015 |More »

K Ganesh

Entrepreneurship is a roller-coaster ride; perfect work-life balance may be impossible

India’s startup landscape is truly booming thanks to the abundant supply of capital. However, many entrepreneurs and investors are over-awed by the glamour associated with a startup and fail to understand the intricacies of building a successful company. This euphoria takes them on a roller-co...

29 June, 2015 |More »

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SaaS & Big Data firm Indix raises $15M from Nokia Growth Partners, existing investors

SaaS and Big Data product intelligence startup Indix Corporation has raised $15 million (Rs 95 crore) in its Series B round of funding round led by Nokia Growth Partners. Existing investors Nexus Venture Partners and Avalon Ventures also participated in the round. “This new investment enables ...

25 June, 2015 |More »

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Online recruitment solutions startup Belong raises $5M from Matrix Partners, others

Bangalore-based recruitment startup Belong.co, owned and operated by Belong Technologies India Private Limited, has raised $5 million (Rs 32 crore) in Series A round of funding led by top-tier venture capital fund Matrix Partners along with Snapdeal co-founders Kunal Bahl and Rohit Bansal. Seed sta...

22 June, 2015 |More »

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Marketing analytics firm Hansa Cequity raises $5M from ASK Pravi

Mumbai-based Hansa Customer Equity Pvt Ltd, which provides consulting services in customer strategy, data management, analytic, campaign management, CRM and digital services, has raised Rs 30 crore ($4.7 million) from private equity firm ASK Pravi, according to a press release. This is the first ext...

18 June, 2015 |More »

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Satya Nadella restructures Microsoft; former Nokia CEO Stephen Elop, three others to leave

Technology giant Microsoft Corporation has gone in for an organisational overhaul involving the departure of former Nokia chief executive Stephen Elop and three other senior executives. The move, which comes as Microsoft readies to launch Windows 10, is aimed at refreshing the company’s falter...

18 June, 2015 |More »

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Open source-based object storage startup Minio raises $3.3M from Nexus, others

US-based Minio, an open source-based cloud object storage startup built by Gluster co-founder Anand Babu Periasamy, has raised $3.3 million in seed funding from General Catalyst, Nexus Venture Partners and others. Yahoo co-founder Jerry Yang’s AME Cloud Ventures, Index Ventures, Mark Leslie, Brian...

17 June, 2015 |More »

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