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Flipkart raises $1B from Tiger Global, Naspers, Singapore’s GIC & others

Tuesday, July 29, 2014 | More »

India’s largest e-commerce platform Flipkart.com has raised $1 billion (around Rs 6,000 crore) in a fresh funding round co-led by two of its existing investors Tiger Global and Naspers. One of the two sovereign wealth funds of Singapore, GIC, along with other existing investors Accel Partners, D...


SaaS co Peel-Works raises $2M in Series A funding from Inventus, IDG; angels exit

SaaS and Big-Data analytics firm focused on sales force management domain Peel-Works Outsourcing Pvt. Ltd (Peel-Works) has raised $2 million (Rs 12 crore) in Series A investment round from Inventus Capital Partners and IDG Ventures India, as per a company statement. The deal also has a secondary com...

28 July, 2014 |More »


Real estate listing site Zillow acquires Trulia for $3.5B in all-stock deal

NASDAQ-listed Zillow, Inc has entered into a definitive agreement to acquire NYSE-listed Trulia for $3.5 billion in a stock-for-stock transaction, as per a company statement. The transaction is expected to close in 2015. The combined company will maintain both the Zillow and Trulia consumer bran...

28 July, 2014 |More »


Rocket Internet-backed mobile taxi booking app Easy Taxi raises $40M in Series D led by Russian Phenomen Ventures

Rocket Internet’s multi-geography mobile taxi app ‘Easy Taxi’, which expanded its operations to India early this year, has raised $40 million in Series D funding led by the Russian Phenomen Ventures with participation of Tengelmann Ventures. “The new round of funding will allow us to continu...

28 July, 2014 |More »


Cloud telephony firm Knowlarity raises $15M in Series B from Mayfield, Sequoia

Cloud telephony firm Knowlarity Communications Pvt Ltd has raised $15 million (around Rs 90 crore) in its Series B round of funding led by Mayfield Fund, as per a company statement. Existing investor Sequoia Capital also participated in this round. The funding will be used to invest in R&D and...

28 July, 2014 |More »


Rocket Internet-backed FabFurnish.com claims 50K orders a month

Rocket Internet-backed FabFurnish, run by Bluerock E-Services Pvt Ltd claims that it has crossed a million orders across 35 cities since inception. The two year old startup further claims that it is currently catering to about 50,000 orders on a monthly basis with an average GMV of Rs 30 crore per m...

28 July, 2014 |More »


Excl: Exhilway close to investing in social networking app YoTurf

US and India-based private investment group Exhilway Global is close to investing in Mumbai-based Crackheads, the company behind the mobile social networking app YoTurf, sources privy to the development told Techcircle.in. For more details on the funding click here. When contacted, YoTurf co-foun...

25 July, 2014 |More »


Jabong backer Rocket Internet said to be preparing to raise $4B via IPO in Frankfurt

German e-commerce incubator-cum-investor Rocket Internet held a road show in Berlin for its possible initial public offering (IPO) later this year on the Frankfurt stock exchange, says a report by The Wall Street Journal, quoting unnamed sources. The firm is looking to raise more than $4 billion fr...

24 July, 2014 |More »


Digital daily Scroll.in gets funding from Omidyar, Media Development Investment Fund

US-based digital publishing company Scroll Media Inc, which runs a digital daily under the name Scroll.in, has raised an undisclosed amount in funding from Omidyar Network, the philanthropic VC firm set up by eBay founder Pierre Omidyar, with participation from New York-based Media Development Inve...

24 July, 2014 |More »


Excl: Indic language customised smartphone OS maker Firstouch in talks to raise $10M

Mumbai-based MoFirst Solutions Pvt Ltd, the company behind Firstouch brand of smartphones which comes strapped with Indic language customised operating system on an Android base, is in talks with five venture capital investors to raise $10 million in Series A funding, a top company executive told VC...

23 July, 2014 |More »

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