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Seclore raises $12 mn in Series B funding from Sistema Asia Fund, others

Wednesday, May 4, 2016 | More »

Mumbai-based enterprise technology firm Seclore Technology Pvt. Ltd has raised $12 million (around Rs 80 crore) in Series B funding from Sistema Asia Fund, Helion Venture, VentureEast and India Alternatives. Kirill Kozhevnikov, managing director and partner at Sistema Asia Fund Advisors, has joined ...


Prime Focus to form JV with Hong Kong firm for VR business, exits VFX venture

Media services firm Prime Focus Ltd has signed an agreement to sell its 30% stake in loss-making visual effects (VFX) service firm Digital Domain-Reliance, LLC to its partner Digital Domain Holdings Ltd (DDHL) for $30 million. The move will allow the firm to invest more in advertising and virtual re...

28 April, 2016 | More »


Wipro Ventures invests in US-based cyber security startup Vectra

Wipro Ventures, the $100 million strategic investment arm of Wipro Ltd, has invested an undisclosed amount of funding in US-based cyber security company Vectra Networks Inc. for a minority stake. “Wipro completed this investment in March 2016 and plans to go to market with Vectra jointly with its ...

28 April, 2016 | More »


Exclusive: StartupXseed to write bigger cheques from expanded Aaruha fund

StartupXseed Ventures LLP plans to increase the amount it will invest in startups from its expanded Aaruha Technology Fund, the seed-stage venture capital firm’s founder told VCCircle. For full report click here...

18 April, 2016 | More »


Exclusive: Revvx plans to invest in hardware startups

Bangalore-based hardware accelerator Revvx, run by Capmorris Business Accelerator Pvt Ltd, plans to invest in hardware startups. It is setting up a dedicated fund for investing in startups selected for its accelerator programme. For more detail click here. The second batch of startups, which is expe...

14 April, 2016 | More »


Exclusive: Proximity marketing ad platform BeaconsTalk raises pre-Series A funding

BeaconsTalk Technologies Pvt Ltd, a Mumbai-based startup that runs a proximity marketing ad platform, has raised a pre-Series A round of funding, co-founder Vinay Hinge told Techcircle.in. The round was led by Rajeev Agrawal, co-founder of Ambit Pragma Ventures; and Prashant Gooty, a senior executiv...

13 April, 2016 | More »


Goldman Sachs’ game plan for venture investments in India

Investment banking giant Goldman Sachs’ Principal Strategic Investments (PSI) group is looking to invest in early-stage Indian startups, mainly those focused on big-data analytics and machine learning, as it seeks to ramp up its venture funding activity in the country. The group, which invests fro...

12 April, 2016 | More »


VC firm Fenox eyes Indian tech startups as next investment target

Silicon Valley-headquartered Fenox Venture Capital has named Venktesh Shukla, serial entrepreneur and chairman of TiE Global, a General Partner (GP) at the firm as it looks to expand the Asian investment franchise with India as a target market. GPs are essentially investment managers. “Venktesh wi...

11 April, 2016 | More »

Ritesh Malik

26-year-old doctor who has backed two dozen startups shares his secret sauce

Ritesh Malik, a 26-year-old doctor-turned-investor who was among those listed on ‘Forbes 30 under 30 Asia’ recently, has invested over $2.5 million in over 26 startups under his angel fund Guerrilla Ventures. Calling himself a ‘safe investor’, Malik said he put his family’s money o...

8 April, 2016 | More »


Six Indian AI startups that raised funding in past 6 months

Artificial Intelligence (AI) is a half-century-old idea but investors across the globe have warmed up to it only now. While the world’s largest tech companies such as Google parent Alphabet, Facebook, Microsoft and IBM are investing heavily in the field, hordes of other investors have also jum...

30 March, 2016 | More »

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