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Posts Tagged ‘ Accel Partners ’

Accel Partners, Jungle Ventures invest $4 mn in B2B marketplace Moglix

Tuesday, October 4, 2016 | More »

Moglix, run by MOGLILABS Pvt. Ltd, a B2B e-commerce company specialising in procurement of industrial products, has raised Rs 28 crore ($4.2 million) in Series A round of funding led by Accel Partners, along with Jungle Ventures and SeedPlus. Jungle Ventures’ co-founder and managing partner Anurag...

Mohit Bhatnagar

Sequoia Capital to invest in early stage startups from now on, says MD Mohit Bhatnagar

Going back to its global business philosophy of being an early stage investor in fledgling companies, Sequoia Capital in India has decided to primarily make early stage, seed and series A investments going forward even as it remains open to writing “large cheques” for companies needing growth ca...

26 September, 2016 | More »


Parenting app ParentLane gets funding from Cloudnine Hospitals’ co-founder

ParentLane, an app-based social platform for babycare and parenting, has received an undisclosed amount of funding from Cloudnine Hospitals’ co-founder and managing director Rohit MA. Rohit made the funding through his personal investment arm, Capier Investments. His other investments include ...

23 September, 2016 | More »


Industrybuying ropes in ex-MakeMyTrip exec as finance controller

Industrybuying, an online marketplace for industrial goods run by Emtex Engineering Pvt. Ltd, has appointed former MakeMyTrip executive Bharat Arora as its financial controller. Arora will be responsible for strategy, financial planning and accounting, and corporate affair, the company said in a sta...

20 September, 2016 | More »


Food ordering startup Swiggy gets $15 mn from Bessemer Venture, others

Bengaluru-based Bundl Technologies Pvt Ltd, which owns and operates online food ordering platform Swiggy, has raised $15 million (Rs 100 crore) in a Series D funding round led by Bessemer Venture Partners. Swiggy’s existing investors, which include firms such as Accel India, SAIF Partners and ...

19 September, 2016 | More »


Exclusive: Couple socialising app Milofy gets Accel’s backing

Couple socialising app Milofy, run by Bangalore-based Futuron Systems Pvt. Ltd, has raised $740,000 (Rs5 crore) in seed funding from investment firm Accel Partners, according to two persons familiar with the development. The investment marks Accel Patners’ first investment in a social networking...

19 September, 2016 | More »


Why some investors are betting on competing businesses

Two weeks ago, Taiwanese chip designer MediaTek invested $60 million in One97 Communications, which runs Paytm, a mobile wallet platform and an online shopping site. In itself, the transaction is not unusual – Paytm is raising funds for growth and MediaTek is known for backing innovative firms. Wh...

12 September, 2016 | More »

Tapan Barman

Personal mobile assistant app Mihup secures $6.7 mn from Accel Partners

Kolkata-based Mihup Communications Pvt Ltd, which operates an artificial intelligence-based personal mobile assistant app, has secured over Rs 45 crore ($6.7 million) from Accel Partners. The VC firm is picking up 20% stake in the startup. Besides Accel, Stayzilla’s chief technology officer and f...

31 August, 2016 | More »


Crownit raises funding from Girish Mathrubootham, Kunal Shah and Anand Chandrasekaran

Gurgaon-based GoldVIP Technology Solutions Pvt. Ltd that operates merchant discovery and rewards platform Crownit has secured an undisclosed investment from a group of investors, it said in a statement. Those who took part in the funding round include Freshdesk CEO Girish Mathrubootham, Freecharge...

26 August, 2016 | More »


Exclusive: Accel-backed Trivone trims Bangalore operations, lays off staff

Bangalore-based digital media and content services company Trivone Digital Services Pvt. Ltd has enacted another round of layoffs, the third since it raised Series A funding from Accel Partners, which would effectively halve the size of its Bangalore operations. Trivone management, on Tuesday, infor...

24 August, 2016 | More »

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