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Posts Tagged ‘ Avendus Capital ’

French e-payments firm to buy fintech firm TechProcess

Tuesday, January 31, 2017 | More »

French e-payments firm Ingenico Group has agreed to buy Mumbai-based TechProcess Payment Services Ltd, the companies said on Tuesday, as Indian fin-tech companies continue to attract investors. The companies didn’t disclose the deal value, but a person associated with the transaction told Techcirc...


Media-tech firm Amagi raises $35 mn in Series D round

Amagi Media Labs Pvt. Ltd, which provides targeted TV advertising services, has raised $35 million (Rs 237 crore) in its Series D round of funding from KKR-backed investment firm Emerald Media and existing investor PremjiInvest, the investment arm of Wipro Ltd chairman Azim Premji. Existing investor...

15 December, 2016 | More »


Exclusive: Kunal Shah-backed scrap collector EnCashea shuts shop

Bangalore-based scrap collection and recycling startup EnCashea, which raised a seed funding from FreeCharge co-founder Kunal Shah and others recently, has decided to shut down its operations due to an unsustainable business model that runs on thin margins, but necessitates incremental working capit...

3 November, 2016 | More »


Food delivery startup Box8 raises Series B funding from IIFL, Mayfield

Mumbai-based Poncho Hospitality Pvt. Ltd, which owns and operates on-demand food delivery services firm under the brand name of Box8, has raised $7.5 million (Rs 50 crore) in Series B funding from IIFL Seed Ventures Fund and existing investor Mayfield. IIFL Seed Ventures Fund is the venture capital ...

24 October, 2016 | More »


Vernacular news aggregator DailyHunt raises $25 mn from China’s ByteDance

Ver Se’ Innovation Pvt. Ltd, which runs vernacular news aggregator DailyHunt, has raised $25 million (Rs 168 crore) in a fresh round of funding from Chinese content provider ByteDance, it said in a statement. The Bangalore-based company said Arun Sarin, former CEO of Vodafone, and existing investo...

15 October, 2016 | More »


Avendus to partner Zodius Capital for new fund to invest up to $500M in digital space

Financial services firm Avendus Capital, through its alternative asset management subsidiary, is partnering technology-focused private equity firm Zodius Capital, to invest $400-500 million in firms in the high growth digital and SMAC (Social, Mobile, Analytics and Cloud) based business services, as...

7 April, 2014 | More »


Myntra emerges as best PE/VC-backed consumer internet company: VCCircle Annual Awards 2014

The VCCircle Awards is India’s only platform that recognises the best performing private equity or venture capital-backed companies and transaction advisors. The 3rd edition of this annual event was held in the evening of February 19 at Trident, Nariman Point, Mumbai. The occasion was graced b...

19 February, 2014 | More »

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Data analytics services market in India to grow 3 times, could touch $1.15B in 2015

The data analytics services market in India is set to grow three times and is expected to touch $1.15 billion in 2015, an over 67 per cent increase from $375 million in 2010, according to a report on analytics outsourcing by Avendus Capital, a leading financial services firm. India alone accounted f...

14 September, 2012 | More »