Chennai-based Uniphore Software Systems has secured an undisclosed amount of funding from The Indian Angel Network. The round was led by IAN members Nagaraja Prakasam and MV.Subramanian along with Ray Stata and YourNest Angel Fund.
Data analytics firm DataRPM has raised $5.1 million in Series A funding from InterWest Partners and CIT GAP funds.
Quikr has raised $90 mn from Swedish PE firm Kinnevik & others.
Affordable health care services startup iKure Techsoft has raised Rs 70 lakh in investment from the Japanese impact investment firm ARUN LLC, Mumbai angels and existing investors.
Smaaash, a company owned by Sachin Tendulkar and Shripal Morakhia, the founder of brokerage Sharekhan and sports management firm Techfront have secured funding.
Japanese telecommunication giant Softbank has written off all or a major part of its $200 mn investment in mobile ad network InMobi.
Lifestyle e-tailer Koovs is raising $37 million in funding from London’s AIM exchange by filing for an IPO, the company has reported.
Over 5,000 backers from India contributed to more than a million dollars to Kickstarter projects!
Vinculum has secured Series B funding from IvyCap Ventures and Accel India Ventures.
Selling equity outright is, averaged out, an expensive proposition!