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Posts Tagged ‘ IVFA ’

Layoffs at Indian Internet businesses touch 10,000

Wednesday, December 21, 2016 | More »

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Since August 2015, when the first signs of a funding slowdown emerged in the Indian startup ecosystem, around 10,000 people, who have been part of domestic internet firms, have lost jobs, according to a Techcircle analysis. While vulnerability of jobs at startups is not unusual, Indian internet busi...

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Meru Cabs CEO Siddhartha Pahwa resigns, mulls starting up

Meru Cabs CEO Siddhartha Pahwa has resigned from the Mumbai-based radio taxi firm and will be replaced by CTO Nilesh Sangoi from January. The decision was first announced by Pramod Kabra, partner at India Value Fund Advisors (IVFA), Meru’s biggest investor, in an email to Meru’s top brass. Later...

29 November, 2016 | More »

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Will latest markdowns affect Flipkart, Ola and Snapdeal’s fundraising?

Year 2016 has not been a great period for Indian consumer internet companies. Not only has there been a sharp decline in the number of deals in this space, companies that saw large cheques and subsequent valuation jumps earlier are now facing what they dread the most – markdowns on their valuation...

9 November, 2016 | More »

IVFA, Zodius Capital-backed Group FMG acquires New York-based Pod1

Group FMG, a marketing and media solutions firm, has acquired New York-based Pod1, Inc, a creative digital agency with focus on e-commerce. However, details of the transaction were not disclosed. Backed by the private equity major India Value Fund Advisors and former WNS Global CEO and co-founder N...

14 June, 2012 | More »