IndiaHomes, a housing and property broker, has raised Rs 150 cr in fresh funding from New Enterprise Associates and existing investors Helion and Foundation Capital.
India’s second largest OTA, Yatra.com has raised Rs 140 crore in its fifth round of funding.
Private equity firm TPG’s equity investment arm TPG Growth has formed a joint venture with India based Smile Group to form Katalyzers, which will invest and grow internet companies.
Cloud based app testing platform BetaGlide has won $1 Mn prize via the Rice Business Plan competition (RBPC).
VC Funding in India: Technology and tech enabled companies raised over Rs 2626 cr ($437 mn) in the first 3 months of 2014.
Market regulator Sebi is planning to come out with guidelines for crowdfunding, a move that will greatly benefit crowd funding startups and entrepreneurs looking to raise capital.
Hyderabad and Santa Clara based Ineda Systems, a low power System on Chip (SoC) developer, has raised $17 Mn in Series B Funding.
PK Online, the Gurgaon based digital content company which is trying to raise Rs 100 cr to fund its expansion, clocked Rs 26 cr in revenues in FY14 and has plans to touch Rs 50 cr next year.
Bangalore based Wits Solutions, which specializes in mobile app development and digital marketing services has secured $50,000 in funding from Devindra Mankare of Clockwork Business Solutions.
Bangalore and California based July Systems has raised $2.1 mn of funding. WittyParrot a content delivery platform has raised $1 mn in seed funding.