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Money

Amar Arsikere

Big data company Infoworks raises $15 mn from Centerview Capital, Nexus

Data warehousing company Infoworks.io Inc. has raised $15 million (Rs 98 crore) in its Series B round of investment led by Centerview Capital Technology. Existing investor Nexus Venture Partners also took part in this round, Infoworks said in a statement. As part of the investment, Ned Hooper, partn...

15 March, 2017 | More »

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Tech accessories e-tailer LatestOne.com raises $3.3 mn from Ashish Dhawan, Mathew Cyriac and others

Hyderabad-based Palred Technologies Ltd (formerly Four Soft Limited) has raised about Rs 22 crore ($3.34 million) in its latest round from both new and existing investors, the company said in a statement. The company, which is listed on both BSE and NSE, will allot 1.5 million shares to investors on...

14 March, 2017 | More »

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China-based Cyber Carrier invests in healthcare startup MyDermacy

Health startup MyDermacy has raised an undisclosed amount of funding from Chinese venture capital firm Cyber Carrier, a statement issued by the company said. The investor has acquired 15-18% stake in the company. The round also saw participation from MyDermacy’s existing investors, the statement a...

14 March, 2017 | More »

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Qualcomm Ventures leads Series E round in IoT device maker Borqs

Borqs International Holding Corp, which operates Internet of Things (IoT) device developer Borqs, has raised an undisclosed amount in its Series E round of funding led by Qualcomm Ventures, weeks before the firm is set to undergo a reverse merger, it said in a statement. In December 2016, the compan...

14 March, 2017 | More »

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Karnataka govt announces $1.5 mn fund for women entrepreneurs

In a move that would give a fillip to entrepreneurship among women, the Karnataka government announced a $1.5 million (Rs 10 crore) Idea2POC (idea to proof of concept) fund on International Women’s Day, a statement issued by the state government said. Priyank Kharge, the state minister for  IT (i...

10 March, 2017 | More »

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Asuka Holdings, existing investors back real estate firm Property Share

Bangalore-based Property Share, which offers investors fractional ownership of properties, has raised an undisclosed amount in a fresh round of investment led by Japanese venture capital investor Asuka Holdings, Kunal Moktan, founder and chief executive of the startup told VCCircle. Existing investo...

10 March, 2017 | More »

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Ideaspring makes its second bet on enterprise networking startup Lavelle Networks

Bangalore-based early stage venture fund Ideaspring Capital has invested $600,000 (Rs 4 crore) in enterprise networking startup Lavelle Networks Pvt Ltd, according to a report by a financial daily. The firm will use the funds to expand its operations and for marketing, Shyamal Kumar, co-founder told...

10 March, 2017 | More »

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Former Snapdeal product head backs online funding platform LetsVenture

Former chief product officer at Snapdeal Anand Chandrasekaran has invested in Bangalore-based IndiePitch Solutions Pvt. Ltd, which runs online funding platform LetsVenture, according to a press statement. LetsVenture also allows startups to get their business plans reviewed by experts and helps them...

9 March, 2017 | More »

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Kae Capital invests more in parenting startup Parentune

Gurgaon-based Proparent Solutions Pvt. Ltd, which runs online community of parents Parentune, has raised an undisclosed amount in its second round of funding from existing investor Kae Capital and Singapore-based SEGNEL Ventures, a VC firm that operates in South and Southeast Asia. Parentune will us...

8 March, 2017 | More »

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Mental health platform Juno Clinic bags $1.2 mn from Hexaware, Zodius Capital founders

Mumbai-based Davman Technologies Pvt Ltd, which operates Juno Clinic, an online and offline mental health startup, has raised $1.2 million (Rs 8 crore) in pre-Series A funding from a clutch of angel investors, a press statement by the firm said. Others who participated in this round include Atul Nis...

8 March, 2017 | More »