Villgro Innovations invests in healthcare technology startup Windmill Health

Chennai based Villgro Innovations Foundation has invested an undisclosed amount in Windmill Health Technologies, a startup which creates low-cost technology innovations for healthcare sector. “We are looking forward to working with the entrepreneurs—a biodesign expert and a doctor—who are pass...

Sonam Gulati

CultureAlley secures seed money from Kae Capital, will rebrand to new platform called Readil

Jaipur-based Intap Labs Pvt Ltd that runs a cloud-based online language learning platform CultureAlley has raised a seed round from Mumbai-based early-stage VC fund Kae Capital. The money will be used for product development. Founded in November 2012, CultureAlley was started as a one-on-one teacher...

Sonam Gulati

Excl: ShoppingWish.in raises angel funding from Sandeep Johri, others

Pune-based Wishpoint Tech Pvt Ltd that runs a price comparison portal in India called ShoppingWish.in has disclosed that it raised angel funding from Sandeep Johri and others. Sushil Choudhari, co-founder, ShoppingWish confirmed the development but refused to disclose the amount or other investorsâ€...

Team TC

Just Dial raises $38M from anchor investors including Temasek, half of the IPO subscribed on day 1

Just Dial Ltd, which runs the India-specific local business listings site Justdial.com, has raised Rs 208.66 crore or approximately $38 million from anchor investors, including Singapore sovereign wealth fund Temasek and asset management major Fidelity. The Mumbai-based firm, which opened its IPO on...

Sainul K Abudheen

Data centre storage optimisation firm Atlantis raises $20M from Adams Street Partners, existing investors

Atlantis Computing, Inc., a California-based data centre storage optimisation firm founded by Indian-origin entrepreneur Chetan Venkatesh, has secured $20 million in Series D, led by new investor Adams Street Partners. Existing investors Cisco Systems, El Dorado Ventures and Partech International al...

Sainul K Abudheen

Cloud firm 8KMiles buys FuGen for $7.5M; looking for more acquisitions in 2013

8KMiles Software Services Pvt Ltd, a California-headquartered cloud computing company founded by Indian origin entrepreneurs, has acquired FuGen Solutions, Inc., a provider of hosted PaaS-based identity federation services, for $7.5 million. Post-acquisition, FuGen will become a subsidiary of 8KMile...

Sonam Gulati

Caratlane closes Series C of $15M from existing investors

Chennai-based Caratlane Trading Pvt Ltd, which runs the online diamond and jewellery portal Caratlane has recently closed its series C round of funding, a source privy to development informed. Founded in 2008, Caratlane deals in gold, silver and diamond jewellery. It was founded by Srinivasa Gopalan...

Rashi Varshney

Srinath Devireddy of Hyderabad Angels invests in GenY Medium, joins board

Srinath Devireddy, a member of Hyderabad Angels, has invested an undisclosed amount in online branding and marketing firm GenY Medium Pvt Ltd. Devireddy made the investment in his personal capacity and acquired an undisclosed stake in the firm. He has also joined the company’s board as part of the...

Sonam Gulati

Former Indiagames COO Samir Bangara joins Qyuki.com as MD and CEO

Samir Bangara, who was the managing director at Disney UTV Digital (after Disney took over UTV), has joined in AR Rahman and Shekhar Kapur’s media startup Qyuki.com as MD and CEO. He is taking the helm from former CEO Poonacha Machaiah, an official statement said. Qyuki is basically a platform for...

Rashi Varshney

Tech startup Helical raises angel funding from Singapore-based investor

Hyderabad-based technology startup Helical IT Solutions Pvt Ltd  has secured angel funding of Rs 25 lakh from a Singapore-based Citibank official whose name has not been disclosed. Helical is an open source data warehousing, data visualisation, data modelling and business intelligence solutions pro...