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Tiger Global part-exits Just Dial with 20x

Monday, March 30, 2015 | More »

Tiger Global has part-exited its eight-year-old investment in Mumbai-based Just Dial Ltd, which runs the online business directory Justdial.com, by selling just over a quarter of its stake in the company on Monday for Rs 300.5 crore ($48 million). It sold 3.4 per cent of its 13.22 per cent stake thr...


SEBI floats discussion paper for startup listing platform

The securities market regulator SEBI has proposed relaxed norms for its separate platform to allow startups to list in the country. It has called for a much lower lock-in period for shares held by promoters and other investors compared with conventional three-year period, restricted the platform to ...

30 March, 2015 |More »


LimeRoad raises $30M in Series C round from Tiger Global, Matrix and Lightspeed

Gurgaon-based A.M. Marketplaces Pvt Ltd, which runs social commerce platform LimeRoad.com, has raised $30 million (Rs 188 crore) in Series C round of funding from existing investors led by Tiger Global, the company said on Monday. Matrix Partners and Lightspeed Venture Partners also participated i...

30 March, 2015 |More »

Aviation tech startup Team Indus ropes in Nandan Nilekani as an investor, advisor

Bangalore-based Axiom Research Labs Pvt Ltd, the company behind aviation technology venture Team Indus, has raised an undisclosed amount of funding from Infosys co-founder and the man behind UIDAI Nandan Nilekani, according to a report in The Economic Times. Nilekani will also be involved with the...

30 March, 2015 |More »


Online home décor marketplace Livspace buys community linking designers DezignUp

Bangalore-based Home Interior Designs E-commerce Pvt Ltd, the startup behind Livspace, an online marketplace for personalised home interior design and décor, has acquired DezignUp, a marketplace of design professionals, as per a company statement. As part of the deal, co-founders of DezignUp and it...

30 March, 2015 |More »


IAN angel investors score 18x returns in under 2-yrs in Stayzilla’s latest funding

Few angel investors have exited from Chennai-based Inasra Technologies Pvt Ltd, the startup behind budget hotel booking site Stayzilla.com, generating 18-fold returns in just under two years, marking a big thumbs up for early stage investments in the country. The company raised $15 million in its S...

27 March, 2015 |More »


Peesh Venture Capital raises $50M fund; launches startup accelerator in India

Early-stage investment firm cum startup accelerator Peesh Venture Capital (PVC), which has backed a clutch of US-based startups, has said it will now also invest in India out of its recently raised $50 million (Rs 301 crore) fund. It has simultaneously also launched an accelerator programme in India...

27 March, 2015 |More »


SEBI may issue paper on listing norms for startups next week

  Capital markets regulator Sebi is likely to put out a discussion paper on the listing norms for start-ups next week. Securities and Exchange Board of India (Sebi) Chairman U K Sinha today met an eight-member team from start-up think-tank iSpirt Foundation here to discuss the way forward for s...

27 March, 2015 |More »


Mobile video production firm Yogurt Labs raises $115K in funding

Yogurt Labs, a mobile video production firm, has raised Rs 72 lakh ($115,190) in convertible notes from a clutch of investors, including Silicon Valley-based angel investor Nick Adams and Kiran Bhat, author of ‘No Holy Cows in Business’, according to a report in The Economics Times. Other invest...

27 March, 2015 |More »


Power bank provider Chargein raises $100K from Pittie Group’s family office

Mumbai-based power bank provider Chargein has raised $100,000 (about Rs 62 lakh) from a family office of Pittie Group, a top executive of the company told Techcircle.in. As part of the deal, Aditya Pittie, CEO, Pittie Group, will join the board of the company. The firm will use the funds for researc...

27 March, 2015 |More »

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