HolidayIQ Merges Operations with Singapore based Wego

Bangalore basedHolidayIQ has  announced merger with Singapore based Wego, a travel meta-search startup. Wego.com allows travelers to search for flights, hotels, packages, travel deals and travel research across 150+ travel websites (meta search) on a real time basis and shows…

eTechies, Managed IT Helpdesk for SMB and Consumer Secures Angel Investment

There surely is need for managed IT helpdesk & technology support for SMB plus consumer segment in India and eTechies.in, a Delhi based startup has announced their first round of funding today. While the SMBs so far had to rely…

Indian Fashion Site, Exclusively.in Raises $2.8mn from Accel and Helion

Exclusively.in is an India based ecommerce site that sells high-end Indian fashion products to US. The company has secured $2.8mn from Accel partners and Helion Venture. The site offers new sales every day featuring unique items such as inspired jewelry…

VenSat, the company behind Visual Effects of Dabangg/Robot Secures $10mn from IUV

Bangalore based VenSat, a provider of animation, visual effects, motion comics and 2D/3D conversion services and best known for visual effects (VFX) for the 2010 motion picture releases, ‘DABANGG’ and some of the complex VFX sequences for ROBOT has raised…

IAN Invests in TaxSpanner for Significant Stake

Span Across IT Solutions Pvt Ltd, which runs an online tax filing service, TaxSpanner, has raised an undisclosed amount of funding from Indian Angel Network (IAN). The funding by IAN – for a “significant stake” – will be used by…

Mast Kalandar secures Series B funding from Helion and Footprint Ventures

Mast Kalandar, popular North Indian quick service restaurant chain has raised Series B from Helion Ventures and Footprint Ventures (Salarpuria Group, also participated in this round of financing). Started in 2005, the company has expanded to 18 outlets (across Bangalore,…

Hosting Provider, NetMagic Raises $16Mn from Nokia Growth Partners, NVP and Cisco

Netmagic has raised $16mn in Series C led by Nokia Growth Partners and Cisco (existing investors Nexus Venture Partners and Fidelity International also participated in this round). The funding will be used to expand its data centers and develop cloud…

Google Funds The Khan Academy – $2Mn Under Project 10tothe100

Google has announced the winners of Project 10tothe100 and The Khan Academy is amongst the selected 5. Khan academy is selected under the idea of Make educational content available online for free. Khan academy was started by Salman Khan, an…

Nexus Venture Partners Invests in Aryaka, Cloud Application Platform

Aryaka Networks provides cloud-based application acceleration and WAN optimization solution and the company has raised Series A investment of $14mn from Nexus Venture Partners, Trinity Ventures, Mohr Davidow Ventures and Stanford University. Aryaka Networks (www.aryaka.com), provider of the world’s first…