Offline App Distribution Company AppsDaily Raises Over $5 mn Series B from ru-Net & Existing Investors
Offline mobile app distribution company AppsDaily has raised over $5 mn in series B funding from ru-Net, IndoUS Venture Partners and Qualcomm Ventures.
Few months ago, Microsoft folded its Bing fund, BizSpark program and its Startup Accelerators into a single entity, which will not only run accelerators across the world but also invest in startups. Rahul Sood, who was an entrepreneur and an…
Cochin Based emPay has received government approval to set up a mobile payment system & has raised Rs 27.5 cr funding from foreign investors.
RHLvision Interactive, a gesture based technology startup based at Startup Village Kochi, has raised an undisclosed amount in seed funding from Malik Radix Healthcare, a New Delhi based healthcare service provider.
Hyderabad based Ineda Systems Raises Funding from Former Motoroloa Chief Sanjay Jha & Lip Bu Tan of Walden
Former Motorola Mobility Chief Sanjay Jha and founder of Walden International Lip- Bu Tan have invested in Hyderabad based semiconductor startup Ineda Systems.
Online bus ticketing portal Ticketgoose has raised Rs 18 cr from Indventure, a US based venture capital firm. The Chennai based company was founded in 2007 by Karthi Easwaramoorthy, Arunkumar Athippan and Vasudevan Ramasamy.
Venture Engine, an initiative by Blue Ocean Ventures and the Indian Angel Network in Sri Lanka said that 10 startups that made it to the finals of their competition, have raised the funds from investors of the Lankan Angel Network & the Indian Angel Network.
Tata Capital Innovations Fund, a domestic venture capital fund managed by Tata Capital has invested in Mitra Biotech Private Ltd, to help the company scale up its go to market strategy and to expand in India & globally.
The United States market regulator has proposed rules that will allow equity crowdfunding by companies. This will allow companies, especially startups, to raise capital without taking the traditional Venture Capital route or a public offering.
Digital advertising company Komli media has raised $30 mn from Peepul Capital & existing investors including Norwest Venture Partners, Nexus Venture Partners, Helion and Draper Fisher Jurvetson.