Home > Archive by category 'Money'


Excl: Fashionandyou trying to reboot with $50M new funding from existing investors, others

Friday, October 31, 2014 | More »

Smile Group is trying to make a comeback in the lucrative and fast growing lifestyle apparel and accessories e-com space after losing its early mover advantage when markets consolidated around the top two players—Myntra and late entrant Jabong. Fashionandyou, arguably the biggest e-commerce ventur...


Self-drive car rental service Zoom secures $8M from Sequoia, others

Bangalore-based ZoomCar India Pvt Ltd, which runs a membership-based, self-drive car rental service under the brand Zoom, has secured $8 million (around Rs 49 crore) led by Sequoia Capital, as per a company statement. Former Infosys CFO T V Mohandas Pai and Abhay Jain of the Manipal Group among oth...

31 October, 2014 |More »


Autodesk creates $100M fund to invest in 3D printing firms

Designing software maker Autodesk will invest up to USD 100 million in 3D printing companies over the next several years. The Spark Investment Fund, which will be operated within Autodesk, will invest in entrepreneurs, startups and researchers who are working in the area of 3D printing technology. E...

31 October, 2014 |More »


Personalised student assessment firm Xamcheck gets $1.8M funding from Aspada

Secunderabad-based PI Policy Innovations Pvt Ltd, the company behind Xamcheck, an independent third-party assessment, test design and feedback solution for K-12 schools in India, has secured Rs 11 crore ($1.8 million) in funding from Bangalore-based early stage investor Aspada Investment Company. ...

30 October, 2014 |More »


Ad revenue boosting tool for web publishers AdPushup raises over $630K via LetsVenture

Delhi- and US-based AdPushup Inc., a startup that provides an A/B testing platform to enable web publishers and bloggers to create & test different ad placement, size and types to optimise their ad revenues, has secured $632,000 in funding from LetsVenture, an online platform that connects sta...

30 October, 2014 |More »


Hybrid higher education services provider iNurture raises $5M from Bertelsmann

Bangalore-based iNurture Education Solutions Pvt Ltd, which provides higher education services in the online as well as offline formats, has raised about $5 million (about Rs 30 crore) in fresh funding, led by Bertelsmann India Investments (BII), the strategic investment arm of international media ...

30 October, 2014 |More »


Michael & Susan Dell Foundation puts $2M in virtual classroom solutions co Edutel

Bangalore-based Edutel Technologies Pvt Ltd, a provider of virtual classrooms for students in government and low-fee private schools, has secured Rs 12.4 crore (around $2 million) in funding from Michael & Susan Dell Foundation (MSDF), a philanthropic organisation launched by Dell founder. Edut...

30 October, 2014 |More »


Infy co-founders launching startup incubator Axilor Ventures

Kris Gopalakrishnan and SD Shibulal, co-founders of Indian software giant Infosys, are joining hands with Srinath Batni, a company veteran, to launch a tech startup incubator called Axilor Ventures, says a report by The Economic Times, quoting Gopalakrishnan. Axilor will incubate startups operati...

30 October, 2014 |More »


US-based Cigital buys IDG-backed SaaS security testing firm iViZ

US-based software security services and products company Cigital Inc. has acquired Bangalore-based iViZ Techno Solutions Pvt Ltd, a cloud-based web and mobile app security testing provider, for an undisclosed sum. Cigital plans to leverage iViZ’s proprietary cloud platform and its technologies to...

29 October, 2014 |More »


Gadgets research portal 91mobiles.com raises $1M from India Quotient, others

Gurgaon-based 91digital Web Pvt Ltd, the company behind91mobiles.com, a product research site for gadgets, has raised $1 million in pre-Series A round of funding from a group of investors, led by early-stage investment firm India Quotient. Umang Kumar, founder and CEO of Gaadi.com, and Krishna Motuk...

29 October, 2014 |More »

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