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Posts Tagged ‘ funding ’

Aerospace startup Team Indus signs launch contract with ISRO

Thursday, December 1, 2016 | More »

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Bengaluru-based aerospace startup Team Indus has signed a contract with the Indian Space Research Organisation (ISRO) to launch a spacecraft that will attempt to land on the moon as part of its bid to win the Google Lunar XPRIZE. Team Indus, incorporated as Axiom Research Labs Pvt Ltd, is the only I...

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Social networking app Pulse raises $500K from SAIF Partners

Pulse, a social networking app that enables users to stay connected with their college or school communities, has raised $500,000 (around Rs 3.4 crore) in funding from venture and growth capital fund SAIF Partners. Pulse, owned by Instalively Livestreaming Pvt. Ltd, provides users a full-screen visu...

30 November, 2016 | More »

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Startup industry welcomes SEBI’s move to relax rules for angel investments

All stakeholders of the startup ecosystem – entrepreneurs, investor and even lawyers – are welcoming the Securities and Exchange Board of India’s decision to relax rules for angel investments in startups. On Wednesday, SEBI eased rules for angel investments in young, fledgling firms and in...

24 November, 2016 | More »

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News summarisation app Awesummly raises $146K

Bengaluru-based NitroLabs Technology Pvt Ltd, the company which runs and operates news summarisation app Awesummly, has raised $146K (Rs 1 crore) in funding from Vivek Bhargava, chief executive, iProspect, a digital performance marketing agency, and Ameera Shah, promoter and managing director of Met...

22 November, 2016 | More »

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Enterprise sales assistant startup Vymo raises $5 mn from Sequoia

US- and Bengaluru-based enterprise sales assistant Vymo Solutions Pvt. Ltd has raised $5 million (nearly Rs 34 crore) in Series A funding from Sequoia Capital India. Vymo said it would use this funding to deepen its R&D (research and development) and strengthen its presence in international mark...

22 November, 2016 | More »

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Former Genpact CEO Pramod Bhasin invests in analytics startup Scienaptic

Data analytics firm Scienaptic Systems Inc. has received an undisclosed amount of funding from Genpact founder and former Nasscom chairman Pramod Bhasin. The two-year-old startup is headquartered in New York and has an engineering centre in Bengaluru. “The investments will enable Scienaptic to...

15 November, 2016 | More »

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Online marketplace for golfers GolfLan raises $1 mn

New Delhi-based online golf community and marketplace GolfLan has raised $1 million (Rs 6.65 crore) from existing investors YourNest Angel Fund and Africa’s IT/ITES group iSON, the company said in a statement. As part of the deal, iSON Group founder and chairman Ramesh Awtaney has taken up a minor...

10 November, 2016 | More »

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Exclusive: The Gourmet Jar raises seed funding from Chandigarh Angels Network

New Delhi-based Apeksha Gourmet Jar Pvt. Ltd., which operates The Gourmet Jar, has raised an undisclosed amount in seed funding from Chandigarh Angels Network (CAN). The funding will be utilised by the startup to build team, scale operations and add global customers. It will also be used for marketi...

3 November, 2016 | More »

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Exclusive: Android utility app SooperMo raises seed funding

Android utility app suite SooperMo, operated by Gurgaon-based SooperMo Appstudio Pte Ltd, has raised $100,000 (Rs 67 lakh) in seed funding from Dubai-based entrepreneur Lalit Vase. Vase is the chief executive of Red Entertainment Distribution FZCO, a distributor of interactive entertainment software...

25 October, 2016 | More »

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Realty-tech startup Foyr.com raises funding from JLL

Foyr.com, a Hyderabad-based online interior designing and home décor startup, has raised funding from a new real estate technology investment vertical set up by property consultancy firm Jones Lang LaSalle (JLL) India. The funding round comes more than a year after Foyr, earlier known as Renderlogy...

24 October, 2016 | More »

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