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Medtech startup Yostra Labs secures funding from Marico, Villgro

Bengaluru-based medical technology startup Yostra Labs Pvt Ltd has raised an undisclosed amount of funding from Marico Innovation Foundation (MIF) and social enterprise incubator Villgro, the company said in a statement on Wednesday. Yostra Labs Pvt Ltd was founded in 2014 by Vinayak Nandalike, Maru...

4 January, 2017 | More »

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advantEdge Partners hires Ridhish Talwar as incubator programme head

Early-stage venture capital fund advantEdge Partners has appointed Ridhish Talwar to head its newly-formed incubator programme. Talwar—who earlier co-founded gaming brand ‘The Shark’ and legal services startup ‘EasyLaw’—will be responsible for identifying new startups for...

4 January, 2017 | More »

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Temasek-backed InnoVen sets up lenders’ consortium to fund startups

As venture debt financing begins to gain momentum in India, Temasek-backed InnoVen Capital India Pvt. Ltd has created a consortium of banks and non-banking financial companies (NBFCs) to provide debt capital to startups in the country. Christened InnoVen Credit Assistance Program (InnoVenCAP), the p...

4 January, 2017 | More »

Learntron

SaaS startup Learntron raises funding from Kae Capital

Chennai-based Heuristix Digital Technologies Pvt Ltd, which runs and operates learning-technology venture Learntron, has raised an undisclosed amount of funding from venture capital firm Kae Capital. The Chennai-based startup offers training programmes to tutoring and online learning ventures, K-12 ...

4 January, 2017 | More »

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Exclusive: IoT and SaaS startup TempoGo raises seed funding from K2 Investments

TempoGO, an IoT and SaaS-based solutions provider for commercial transportation, has raised its seed round of funding from a clutch of investors, a top company executive told VCCircle. Pranav Shirke, the co-founder of the Goa-based firm said the capital will be mainly utilised for upgradation of tec...

3 January, 2017 | More »

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Exclusive: Fashion portal Fynd backed by ex-Snapdeal exec Anand Chandrasekaran

Fashion portal Fynd, run by Shopsense Technologies Pvt Ltd, has raised an undisclosed amount of funding from Facebook executive Anand Chandrasekaran, two people familiar with the matter who did not wish to be identified told TechCircle.in. Rajiv Mehta, chief executive of Arvind SportsLifestyle and R...

3 January, 2017 | More »

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Exclusive: Car services marketplace VOW CarClinic raises angel funding

Gurgaon-based GreyHair Ventures Pvt Ltd, which runs car servicing and repair startup VOW CarClinic, has raised an undisclosed amount of angel funding, the firm’s co-founder Abhishek Menon Ramachandran told TechCircle.in. The investment was made by Vishal Malik, founder and director of IT services ...

3 January, 2017 | More »

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Hero Group’s Sunil Munjal eyes stake in Paytm at $5.7 bn valuation

Hero Corporate Services chairman Sunil Munjal and Adventz Group chairman Saroj Poddar are reportedly looking to buy a stake in digital wallet and e-commerce firm Paytm. Munjal and Poddar are together negotiating to buy Paytm shares from early investor and former IDFC Securities analyst Nikhil Vora, ...

3 January, 2017 | More »

TaxSutra

Exclusive: Tax information portal TaxSutra raises third funding round

Pune-based Taxsutra Services Pvt Ltd, which runs tax information portal TaxSutra, has raised Rs 2.5 crore in its third round of funding from existing investors V Balakrishnan and T V Mohandas Pai, former board members and CFOs of Infosys. Former tax head at IT firm Wipro Ltd P V Srinivasan also part...

2 January, 2017 | More »

Inder Sharma

Inder Sharma: This serial entrepreneur builds businesses to sell

When Inder Sharma bought the domain Hotel.com during the Internet boom in 1996, he was very confident that this would become a big business one day. But, rather than running the site, which offered discounted hotel room reservations, he sold it to Expedia for $7 million in 2002. The reason behind se...

2 January, 2017 | More »