Indix, a SaaS + Big Data product intelligence platform company has raised $8.5 million of a $9 million Series A-1 round of financing,co-led by Avalon Ventures and Nexus Venture Partners.
Walden International’s proposal to launch a fund for semiconductor fabrication units in India has not been approved by the Planning Commission.
Experiential science education startup Everest Edusys has raised Rs 5.7 crore from a Series A funding round led by Lok Capital.
Bangalore based education startup Skyfi Labs has raised funding from angel investor network The Chennai Angels, along with investment bank Spark Capital.
BSE listed Persistent Systems which created a fund to back startups has invested in Hyginex, a healthcare technology startup.
Payment solutions company, Innoviti has raised Rs 10 crore of funding from Tata Capital and a group of investors.
IIM Ahmedabad’s cleantech focussed venture fund – Infuse Ventures has announced the closing of its second round of funds with over Rs 110 crores.
Bangalore based online jewelry retailer Bluestone has raised $10 mn from Kalaari Capital and other investors.
TeaBox, a Siliguri based e-commerce company which sells different types of tea has raised funds $1 mn from Accel Partners, according to a new report.
Kolkata based KarmYog Media and Entertainment Education Network has sold a minority stake to Singapore based investors to raise funds.