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industrybuying.com raises $2M in seed funding from SAIF Partners

Wednesday, February 25, 2015 | More »

Delhi-based MTech Engineering Pvt Ltd, which owns and operates industrial e-commerce platformindustrybuying.com, has raised $2 million in seed funding from early stage venture capital firm SAIF Partners. The fund will be used by the company to grow its direct traffic and vendor base, besides enhanci...


Excl: Enterprise networking startup Intelliber in talks with IAN, others to raise $2M

Intelliber Inc, a New York-headquartered startup which has an additional office in Jamshedpur, India, is in talks with IAN and other investors to raise $2 million (Rs 12.5 crore) in its Series A round of funding, a top company executive told Techcircle.in. The company is raising money for one of its...

25 February, 2015 |More »


Task-based workforce sourcing app SquadRun raises seed funding from founders of Zomato, SlideShare, Toppr & others

US- and Noida-based SquadRun Inc., which offers a mobile marketplace for crowdsourced work, has raised an undisclosed amount in seed funding from a group of angel investors including Amit Ranjan of SlideShare; Deepinder Goyal of Zomato; and Girish Khera of Scientific Animations, according to a t...

25 February, 2015 |More »


Cloud-based CSR related IT platform NextGen raises funding from Mumbai Angels, others

Bangalore-based NextGen PMS Pvt Ltd., which owns and operates technology enabled CSR & sustainability management company NextGen, has raised an undisclosed amount of funding through a syndicate between Mumbai Angels and a group of unnamed strategic investors, based in India and the Silicon Valle...

17 February, 2015 |More »


VC-backed Happiest Minds appoints Sashi Kumar as its CEO & MD

Bangalore-based Happiest Minds Technologies Pvt Ltd, a four-year old IT services startup floated by former MindTree chairman and co-founder Ashok Soota, has appointed Sashi Kumar as its chief executive officer (CEO) and managing director (MD). He takes over a post lying vacant last October when Vikr...

16 February, 2015 |More »


CimplyFive raises funding from former CFOs of Wipro & Infosys

CimplyFive Corporate Secretarial Services Pvt Ltd, which runs cloud-based financial solutions venture CimplyFive, has received an undisclosed amount of investment from Wipro’s outgoing chief financial officer (CFO) Suresh Senapaty and former CFO of Infosys turned private investor TV Mohandas ...

13 February, 2015 |More »


Excl: Housing.com in talks to acquire real estate analytics firm PropEquity

Mumbai-based Locon Solutions Pvt Ltd, the company behind real estate listing portal Housing.com, is in talks to acquire Delhi-based P.E. Analytics Pvt Ltd, which owns a real estate data product PropEquity, sources close to the development told Techcircle.in. Advitiya Sharma, co-founder, Housin...

12 February, 2015 |More »


Data and cloud hosting firm raising $4M from Canbank Venture Capital Fund

Nashik-based data centre services and cloud hosting firm ESDS Software Solution Pvt Ltd is raising Rs 25 crore ($4 million) from Canbank Venture Capital Fund, a subsidiary of public sector lender Canara Bank Ltd. The fund will be used to set up three data centres over the next two years. “We s...

12 February, 2015 |More »


Practo raises $30M in Series B from Sequoia, Matrix Partners

Practo Technologies Pvt Ltd, a web-based clinic management software developer which derives a major portion of its business from primary clinics, has raised $30 million (Rs 187 crore) in its second institutional round of funding led by Sequoia Capital with participation of Matrix Partners as a new i...

12 February, 2015 |More »

Vishal Sikka

Infosys invests $15M in a DreamWorks Animation-related tech startup

IT major Infosys Ltd has invested $15 million (Rs 94 crore) in an unnamed firm related to NASDAQ-listed DreamWorks Animation, as per separate media reports citing the company’s chief Vishal Sikka. Speaking at the Goldman Sachs Technology and Internet Conference held at San Francisco on Tuesday...

12 February, 2015 |More »

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