FortunePay, Nykaa, AdSparx & Bombay Shirt Company have secured funding from various investors.
Canadian tablet maker DataWind is looking to raise $27.4 mn through an Initial Public Offering at the Toronto Stock Exchange, valuing the company at about $107 mn.
Exfinity fund, the technology focused fund founded by IT veterans V Balakrishnan, Mohandas Pai and former Wipro Chief Girish Paranjpe has raised Rs 100 cr, in its first round of fund raising.
Gaming company Octro has raised $15 mn from Sequoia Capital in Series A funding. The startup has created successful games like Teen Patti and Indian Rummy.
IIT Bombay incubated Covacsis Technologies has raised series B funding from GenNext Ventures- the VC arm of Reliance Industries and networking giant Cisco. Existing investor Blume Ventures also participated in the round.
Kerala State Industrial Development Corporation (KSIDC) has created a Rs 10 crore angel fund to support startups this financial year.
Sequoia Capital has raised its fourth India-focused fund of $530 million . The new fund will invest mostly in technology, consumer and healthcare sectors.
InvenZone, a knowledge discovery platform for scholars and researchers has raised angel funding from VentureNursery’s angels.
Online insurance company PolicyBazaar has raised Rs 119 crore from undisclosed investors. Info Edge, which had 32% stake in the company informed the BSE that its stake has been diluted to 23%.
Pepperfry has raised $15 mn in a new round of funding from Bertelsmann India Investments (BII) and existing investor Norwest Venture Partners (NVP).