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Brand Capital backs local search engine Infoline.in

Friday, November 21, 2014 | More »

Ahmedabad-based local search service and media company Infoline.in Pvt Ltd (IPL) has secured Rs 6.5 crore ($1.15 million) from Brand Capital, ad-for-equity private investment arm of media giant Bennett, Coleman & Co. Ltd (BCCL). BCCL, which has publications such as The Times of India, Femina a...


Urban Ladder acqui-hires 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, has acqui-hired BuyNBrag.com, a curated online marketplace for furniture and home decor, from Gurgaon-based Social Scientist E-commerce Pvt Ltd. As part of the deal, Prithvi Raj Teja...

21 November, 2014 |More »


CADashboard in talks to raise up to $2M in VC funding

Pune-based IT services and consulting firm, MindChipps Consulting Pvt Ltd, which is behind a web-based dashboard connecting chartered accountants, company secretaries and tax professionals with their clients under CADashboard.com, is in talks to raise up to $2 million (Rs 12.5 crore) in venture ca...

21 November, 2014 |More »


Excl: E-com logistics firm Delhivery readies a $150M fundraise plan; targets 5,000 centres by 2016

Gurgaon-based e-commerce logistics firm SSN Logistics Pvt. Ltd, which operates under the brand Delhivery, is in talks with multiple investors to raise up to $150 million (Rs 900 crore) in funding over the next 24 months, according to co-founder Sahil Barua. “We are currently in talks with a f...

20 November, 2014 |More »


500 Startups raising $10M micro VC fund to back mobility startups

Seed investor and accelerator 500 Startups has launched 500 Mobile Collective (500 MC), a $10 million VC fund focused on mobile startups, as per a filing to the US Securities and Exchange Commission. The 500 MC fund will be managed by its new partner Edith Yeung. She has previously run marketing and...

20 November, 2014 |More »


MadRat Games grabs $1M funding from co-founders of Flipkart and GlobalLogic

Bangalore-based offline gaming products startup MadRat Games Pvt Ltd has secured $1 million (around Rs 6.2 crore) in funding from a clutch of investors, including Sachin Bansal and Binny Bansal (not related), co-founders of home-grown e-commerce giant Flipkart.com. Other investors who participated...

20 November, 2014 |More »


Excl: Tea e-tailer Teabox raising up to $7M in Series A; Accel buys out Horizen’s stake

Bangalore- and Singapore-based AsianTeaxpress Pte Ltd, which runs the speciality tea e-tailer Teabox.com, is in advanced talks with four international funds to raise $5-7 million in its Series A round of funding, its founder Kaushal Dugar told Techcircle.in. “We are in advanced talks with four fu...

19 November, 2014 |More »


Seed stage investor Blume Ventures to write bigger cheques from new fund

Mumbai-based early stage venture capital firm Blume Ventures, has increased its target corpus for its second seed and pre-Series A stage fund and is also looking to stretch the investment sweet spot, Sanjay Nath, managing partner of the VC firm told Techcircle.in. Nath said there would be a mix of ...

19 November, 2014 |More »


PayUMoney introduces ‘Pay with PayUMoney’ button for faster payment collection on e-com sites

Gurgaon-based PayU India Internet Pvt Ltd that offers an online payment solution PayUMoney (earlier PayUPaisa) has introduced a ‘Pay with PayUMoney’ button to let online shoppers complete purchases with just a few clicks. The new feature will basically let e-tailers embed a button within their w...

19 November, 2014 |More »


Zomato raises $60M at pre-money valuation of $600M from Info Edge, Vy & Sequoia

Gurgaon-based Zomato Media Pvt Ltd, which owns the popular restaurant and event-listing site Zomato.com, has raised a fresh round of funding worth Rs 370 crore ($60 million) led jointly by Info Edge (India) Limited and Vy Capital, with participation from Sequoia Capital, it said on Wednesday. The t...

19 November, 2014 |More »

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