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Money

Pole To Win acquires interactive entertainment biz of Canaan-backed BPO e4e

Japanese game testing company Pole to Win (a part of Poletowin Pitcrew Holdings) has acquired the global interactive entertainment division of e4e Inc. e4e is an ITeS and BPO firm covering two broad market opportunities namely interactive entertainment services and healthcare business services. Th...

24 August, 2012 | More »

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Voice-messaging company Bubble Motion raises $5M from Japanese VC firm JAFCO Asia

Singapore-based voice messaging company Bubble Motion Pte Ltd has raised $5 million in funding from Japanese venture capital firm JAFCO Asia. In India, Bubble Motion partners with top operators including Bharti Airtel, Reliance Communications and Vodafone to offer voice-based services such as celeb...

24 August, 2012 | More »

Excl: VC-backed Vriti Infocom sells telecom connections sales and comparison site Connectindia

Intel Capital and Jafco Asia-backed Vriti Infocom has sold one of its digital media properties Connectindia.in, a site that lets users compare mobile and Internet tariff plans & offers across the country besides related telecom products and services, to a little-known company Spade Financial Ser...

23 August, 2012 | More »

Excl: Premium lifestyle e-tailer Rock.in raises Series A funding led by VC firm Partech

Mumbai- based Rock In Fashions Pvt Ltd, which runs premium e-commerce site for apparel and accessories Rock.in, has raised an undisclosed Series A funding led by Partech International, a venture capital firm based in France & Silicon Valley and chasing early & mid-stage investment opportu...

23 August, 2012 | More »

Fidelity investing $20M in data analytics firm AbsolutData

Fidelity Growth Partners India, the private equity arm of Fidelity Worldwide Investment, is investing $20 million (Rs 110 crore) in AbsolutData Research and Analytics, a data analytics services firm headquartered in San Francisco Bay Area with operations located in Gurgaon. With this round of invest...

23 August, 2012 | More »

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Accel Partners invests $18M in BookMyShow

Venture capital firm Accel Partners has invested Rs 100 crore ($18 million) to buy a large minority stake in Big Tree Entertainment Pvt Ltd, which runs movie and event ticketing website BookMyShow, through a mix of primary share issue and sale of shares by existing investor Network18 Media & In...

23 August, 2012 | More »

Online social learning network Classle raises Rs 2.76Cr from Chennai Angels

Chennai-based online social learning network Classle Knowledge Pvt Ltd has raised Rs 2.76 crore (approx. $0.5 million) from Chennai Angels, according to The Hindu Business Line. Classle was set up in 2009 by Vaidya Nathan, an alumnus of IIT-Madras and Massachusetts Institute of Technology (MIT), wi...

22 August, 2012 | More »

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Freemont Partners invests in Mumbai-based eco-shopping portal Natural Mantra

Freemont Partners Pvt Ltd has invested an undisclosed amount in Natural Mantra, an online portal, owned and operated by Happy Earth Lifestyle Solutions Pvt Ltd. But the investment is estimated to be in Rs 10 lakh – Rs15 lakh bracket. The funding will be used to expand firm’s product portfol...

21 August, 2012 | More »

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Excl: GTI Capital Group invests Rs 2.8Cr in Rajan Anandan-backed WebEngage

India-focused investment firm GTI Capital Group has invested $0.5 million (Rs 2.8 crore) in WebEngage, which offers online feedback and survey tools to e-commerce websites, a top executive with the investment firm told VCCircle. This is part of three investments by the investment firm this year acro...

20 August, 2012 | More »

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