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Money

Just Dial plans to raise $165M; revenue up 31%, net margin declines in Q2

Tuesday, October 21, 2014 | More »

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Mumbai-based Just Dial Ltd, which runs the online business directory Justdial.com, is planning to raise up to Rs 1,000 crore ($165 million) through equity and related instruments, the company announced in a stock market disclosure. It has not disclosed the reason for the huge funding that it plans t...

Excl: Weight loss app ObiNo raises seed funding from healthcare incubator Healthstart

Mumbai-based Manna Healthcare Pvt Ltd, the company behind weight-loss app ObiNo, has raised an undisclosed amount in seed funding from healthcare incubator Healthstart, a top executive of the company informed Techcircle.in. “The funds will be invested in growing the team as well as upgrading the p...

20 October, 2014 |More »

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Coupon site PriceBurp raises under $100K from Dutch VC firm Bright Ventures

Mumbai-based Priceburp Media Pvt. Ltd, which runs coupons and online deals portal PriceBurp.com, has raised under $100,000 (less than Rs 60 lakh) from Bright Ventures, an early stage investment company based in the Netherlands. The investment will be used to facilitate tech development and hire work...

20 October, 2014 |More »

Buy-n-Brag

Excl: Urban Ladder in advanced talks to acqui-hire curated marketplace for furniture & home decor BuyNBrag

Bangalore-based Urban Ladder Home Decor Solutions Pvt Ltd, the company behind the online furniture shop Urban Ladder, is in advanced talks to acqui-hire BuyNBrag.com, a curated online marketplace for furniture and home decor, from Gurgaon-based Social Scientist E-commerce Pvt Ltd, a source privy ...

17 October, 2014 |More »

Housing

Yuri Milner to fund half of Housing.com’s $40M fundraise

Mumbai-based Locon Solutions Pvt Ltd, owner of real estate portal Housing.com (earlier Housing.in) is in advanced talks to raise $40 million (close to Rs 246 crore) in funding, sources close to the development informed Techcircle.in. Of this, half or $20 million (about Rs 123 crore) will be invested...

17 October, 2014 |More »

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How Info Edge plans to invest $125M to boost 99acres.com

A month after raising Rs 750 crore ($125 million) through a QIP for investment in real estate portal 99acres.com, Info Edge has now revealed how it plans to invest the funds in hiring talent, product, services and building the brand. Here’s a sneak peak into its plan: Team The firm recently expand...

17 October, 2014 |More »

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Angel investor Vikram Upadhyaya launches GHV accelerator, startups to get up to $100K each

Vikram Upadhyaya, a serial entrepreneur and member of Indian Angel Network, has launched a startup accelerator called GHV (Green House Ventures) accelerator. GHV is planning to on-board 25 startups by early 2017. Each startup will receive up to $100,000 in sustainability funding at the end of the pr...

16 October, 2014 |More »

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IATA & Travel Capitalist Ventures launch $5M global VC fund for tech-enabled travel startups

International Air Transport Association (IATA), global trade association of airlines, has partnered with Travel Capitalist Ventures (TCV), a California-based travel-focused investment firm, to launch a new fund with a corpus of $5 million, which will seek to back tech-enabled travel startups across ...

16 October, 2014 |More »

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Reliance Games to launch incubator for gaming startups; may invest in them

Anil Ambani-led Reliance Games is launching an incubator for gaming startups, and is also planning to invest in them, according to a report by The Economic Times, citing Manish Agarwal, head of Reliance Games and CEO of Reliance Entertainment. However, more details on the same are not disclosed. Acc...

16 October, 2014 |More »

myrefers

Excl: Referral recruitment portal MyRefers.com raises Series A funding from Bedrock Venture; plans to break-even in one year

Delhi-based referral recruitment portal MyRefers.com has raised an undisclosed amount in its Series A round of funding from Noida-based Bedrock Venture Management Private Ltd, a source close to the development informed Techcircle.in. MyRefers’ founder and CEO Lalit Bhagia confirmed the fundraisi...

15 October, 2014 |More »

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