Indix Raises $8.5mn from Nexus Venture Partners & Avalon Ventures

Indix Raises $8.5mn from Nexus Venture Partners & Avalon Ventures

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 Fund For Indian Electronics Chip Design Startups Delayed

Walden International’s Fund For Indian Electronics Chip Design Startups Delayed

Walden International’s proposal to launch a fund for semiconductor fabrication units in India has not been approved by the Planning Commission.

Chennai Based Everest Edusys Raises Rs 5.7 Crore in Series-A Funding

Chennai Based Everest Edusys Raises Rs 5.7 Crore in Series-A Funding

Experiential science education startup Everest Edusys has raised Rs 5.7 crore from a Series A funding round led by Lok Capital.

Education Startup Skyfi Labs Raises Funding from The Chennai Angels

Education Startup Skyfi Labs Raises Funding from The Chennai Angels

Bangalore based education startup Skyfi Labs has raised funding from angel investor network The Chennai Angels, along with investment bank Spark Capital.

Persistent Systems Backs Wearable Tech Startup Hyginex

Persistent Systems Backs Wearable Tech Startup Hyginex

BSE listed Persistent Systems which created a fund to back startups has invested in Hyginex, a healthcare technology startup.

Payment Solutions Company Innovit Raises Rs 10 Cr in Funding

Payment Solutions Company Innovit Raises Rs 10 Cr in Funding

Payment solutions company, Innoviti has raised Rs 10 crore of funding from Tata Capital and a group of investors.

Infuse Ventures’ Second Closing Garners Rs 110 Crore

Infuse Ventures’ Second Closing Garners Rs 110 Crore

IIM Ahmedabad’s cleantech focussed venture fund – Infuse Ventures has announced the closing of its second round of funds with over Rs 110 crores.

Online Jewelry Store Bluestone Secures $10 mn Funding from Kalaari Capital

Online Jewelry Store Bluestone Secures $10 mn Funding from Kalaari Capital

Bangalore based online jewelry retailer Bluestone has raised $10 mn from Kalaari Capital and other investors.

Siliguri Based TeaBox Secures $1 mn Funding from Accel Partners

Siliguri Based TeaBox Secures $1 mn Funding from Accel Partners

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.

KarmYog Media Secures Funding for Pan India Roll Out of Indian Idol Academy

KarmYog Media Secures Funding for Pan India Roll Out of Indian Idol Academy

Kolkata based KarmYog Media and Entertainment Education Network has sold a minority stake to Singapore based investors to raise funds.