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Enterprise

Loan_fe

Capillary Technologies, Simplilearn get venture debt from InnoVen

Venture debt firm InnoVen Capital India Pvt. Ltd said on Wednesday it has agreed to provide loans of $6 million (around Rs 40 crore) to Capillary Technologies Pvt. Ltd and Simplilearn Solutions Pvt. Ltd. “Our ability to provide loans across geographies enables clients like Capillary and Simplilear...

7 September, 2016 | More »

prozo

Exclusive: Ed-tech startup Prozo raises pre-Series A round

Prozo.com, an online marketplace for buying and selling study material, has raised its pre-Series A round of funding from a London-based venture capital firm and two affluent individuals, a person familiar with the development told TechCircle. Prozo, operated by Global Edu4Share Pvt. Ltd, has raised...

7 September, 2016 | More »

BigStylist

BigStylist gets $900K more from Naukri.com parent

Beauty-services marketplace BigStylist has raised Rs 6 crore ($900,000) in a new round of funding from existing investor Info Edge (India) Ltd. Info Edge said in a stock-exchange filing on Tuesday that the transaction takes the total it has so far invested in BigStylist to Rs 12.4 crore and that it ...

6 September, 2016 | More »

Zilingo

Fashion marketplace Zilingo raises Series A funding from Venturra, Sequoia, others

Bangkok-based Zilingo Pte Ltd, which runs a shopping app for small sellers who do not have an online presence, has raised $8 million in Series A funding from Venturra Capital, Sequoia India and Susquehanna International Group, it said in a statement. Others who participated in the round include Wave...

6 September, 2016 | More »

Vaibhav-Pandey_fe

Exclusive: Analytics startup IQLECT hires ex-Amazon & Flipkart exec Vaibhav Pandey

Analytics startup IQLECT Software Solutions Pvt. Ltd, founded by former Jabong CTO Sachin Sinha, has appointed former Flipkart and Amazon executive Vaibhav Pandey as head of solutions strategy. Pandey will lead the company’s efforts in creating strategic solutions for its real-time data analysis p...

2 September, 2016 | More »

Prateek-Bhandari_fe

Exclusive: Parcelled co-founder moves on to Headout

Prateek Bhandari, co-founder of on-demand logistics service Parcelled, has moved on from the company to join US-based Headout as head of marketing for Europe. Bhandari is an alumnus of IIT Bombay, and has previously worked with Housing.com. An email query sent to Bhandari did not elicit a response a...

1 September, 2016 | More »

Mad Street

AI startup Mad Street Den gets funding from Sequoia, others

Chennai-based artificial intelligence (AI) and computer vision technology startup Mad Street Den Systems Pvt. Ltd has secured an undisclosed amount in Series A funding from Sequoia Capital India and existing investors Exfinity Venture Partners and GrowX Ventures. A report in Mint stated Mad Street D...

1 September, 2016 | More »

lucidus_fe

Cybersecurity startup Lucideus raises investment from Motilal Oswal PE director

Delhi-based cybersecurity startup Lucideus Tech Pvt. Ltd has raised an undisclosed amount of angel funding from Motilal Oswal Private Equity Advisors director Amit Choudhary. The startup said in a statement it will use the capital to expand operations and hire talent. The company was founded in 2012...

1 September, 2016 | More »

Dheeraj Pandey, Chairman & CEO, Nutanix

Enterprise cloud firm Nutanix acquires Sequoia-backed automation startup Calm.io

Silicon Valley-headquartered enterprise cloud computing company Nutanix Inc. has acquired development and operations (DevOps) automation startup Calm.io for an undisclosed sum. Nutanix has also signed a definitive agreement to acquire PernixData Inc., a scale-out data acceleration and analytics firm...

31 August, 2016 | More »

Bala-Girisaballa-&-Ravi-Narayan_fe

Microsoft Accelerator names Bala Girisaballa as CEO, elevates Ravi Narayan as global director

Microsoft has appointed former Zinnov executive Bala Girisaballa as chief executive officer-in-residence to lead Microsoft Accelerator in India while Ravi Narayan, it’s former head, has been elevated to the role of Global Director. “Bala will lead the Accelerator’s efforts to help market-ready...

30 August, 2016 | More »