Funding Roundup: FortunePay, Nykaa, AdSparx & Bombay Shirt Company Secure Funding

Funding Roundup: FortunePay, Nykaa, AdSparx & Bombay Shirt Company Secure Funding

FortunePay, Nykaa, AdSparx & Bombay Shirt Company have secured funding from various investors.

Aakash Maker DataWind Files For $27.4 mn IPO in Canada

Aakash Maker DataWind Files For $27.4 mn IPO in Canada

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.

Former Infy Exec's Tech Startup Fund Exfinity Closes Rs 100 cr Round

Former Infy Exec’s Tech Startup Fund Exfinity Closes Rs 100 cr Round

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.

Mobile Gaming Company Octro Secures $15 mn Series A Funding from Sequoia Capital

Mobile Gaming Company Octro Secures $15 mn Series A Funding from Sequoia Capital

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.

Kerala Sets Up Rs 10 cr Angel Fund To Invest in Startups

Kerala Sets Up Rs 10 cr Angel Fund To Invest in Startups

Kerala State Industrial Development Corporation (KSIDC) has created a Rs 10 crore angel fund to support startups this financial year.

Sequoia Capital Raises Its Fourth India Focused Fund of $530 mn

Sequoia Capital Raises Its Fourth India Focused Fund of $530 mn

Sequoia Capital has raised its fourth India-focused fund of $530 million . The new fund will invest mostly in technology, consumer and healthcare sectors.

Network For Researchers & Scholars InvenZone Secures Angel Funding

Network For Researchers & Scholars InvenZone Secures Angel Funding

InvenZone, a knowledge discovery platform for scholars and researchers has raised angel funding from VentureNursery’s angels.

Online Insurance Seller Policybazaar Raises Rs 119 Crore in Funding

Online Insurance Seller Policybazaar Raises Rs 119 Crore in Funding

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 Secures $15 mn Series C Funding from Bertelsmann India Investments

Pepperfry Secures $15 mn Series C Funding from Bertelsmann India Investments

Pepperfry has raised $15 mn in a new round of funding from Bertelsmann India Investments (BII) and existing investor Norwest Venture Partners (NVP).