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Posts Tagged ‘ Ascent Capital ’

Online payments firm PayU to buy rival Citrus Pay for $130 mn

Wednesday, September 14, 2016 | More »

Citrus
Online payments company PayU, owned by South African Internet conglomerate Naspers, has agreed to buy Mumbai-based rival Citrus Pay for $130 million (Rs 865 crore) in one of the largest takeover deals in India’s nascent but rapidly growing fintech sector. The deal will increase PayU’s India cust...

Newgen

Newgen Software raises funding from IDG Ventures and Ascent Capital

Delhi-based document imaging solutions provider Newgen Software Technologies Ltd has announced that it has secured an undisclosed amount in funding from IDG Ventures and Ascent Capital. Early last month, VCCircle first reported Newgen had raised funding from Ascent Capital and IDG Ventures in a ...

3 February, 2014 | More »

hyderabad-forim

Meet top entrepreneurs, CEOs, PE, VC & angel investors at VCCircle Hyderabad Investment Forum on Oct 11

After the successful first edition, the 2nd edition of VCCircle’s Hyderabad Investment Forum will capture and identify the emerging sectors and the entrepreneurs who will redefine and lead the industrial scenario of Andhra Pradesh in the coming years. The event will be held at ISB Campus in Hydera...

28 September, 2012 | More »

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We Want To Scale Up Profitably: Hari Menon, CEO, BigBasket.com

For the founding team of BigBasket.com, a grocery e-tailer based in Bangalore, this is the second innings in e-commerce. The team of five – VS Sudhakar, Hari Menon, Vipul Parekh, VS Ramesh and Abhinay Choudhari – had earlier launched Fabmart.com (backed by ChrysCapital), selling music, books, to...

7 March, 2012 | More »

bigbasket.com-logo

Grocery E-tailer BigBasket.com Raises $10M From Ascent Capital

Bangalore-based private equity firm Ascent Capital has invested $10 million in the first round of funding in BigBasket.com, an online grocery store. The transaction is believed to be the first institutional investment in an online grocery retailer and the largest series A round in an e-tailing ...

5 March, 2012 | More »