Surewaves Raises INR 10 Cr From Indian Innovation Fund and Accel Partners

Surewaves Raises INR 10 Cr From Indian Innovation Fund and Accel Partners

Promoted by NASSCOM and ICICI Knowledge Park, India Innovation fund, in partnership with global early stage investor Accel Partners, is investing Rs 10 crore in Bangalore-based digital media-technology start-up Sure-Waves MediaTech. Started in 2006, SureWaves has launched its technology platform…

Of Investors' Seven Deadly Sins And "Crazy" Ecommerce Investments In India

Of Investors’ Seven Deadly Sins And “Crazy” Ecommerce Investments In India

I see both side of the table – right from startups sharing their term sheets (for feedback/suggestions) to VCs sharing how crazy have valuations moved up in the last few years. Over the last year or so, there is almost…

Ad Network, NetworkPlay Raises Second Round Of Funding

Ad Network, NetworkPlay Raises Second Round Of Funding

Ad network, NetworkPlay has raised its second round of funding (details will be announced next week). Started in 2008 (with initial funding from Capital 18), NetworkPlay has expanded from being an Internet-only ad network to a full multi-screen ad network…

IDG Ventures Invest $3mn In Mobile Ad Network, Vserv

Mobile advertising industry is ramping up and while networks like InMobi are growing globally, there still is a huge opportunity to deliver advertising in emerging markets. Vserv, a Mumbai-based Mobile Advertising company, has raised $3 million in series A round…

One97 Communications Invests S1M$ in Singapore Based The Mobile Gamer (TMG)

Mobile Social game creator TheMobileGamer Pte Ltd (TMG) of Singapore has received series A funding of S$1 Million from One97 Communications of India. TMG is a publisher of mobile social games like Club Wars, Monster Fight and Fun Factory for…

IAN Invests $1mn in Vayavya Labs

Indian Angel Network (IAN) has invested $1mn in Vayavya Labs, Belgaum (Karnataka) based startup that builds automation technology to link hardware to the software in consumer electronics, communication devices and medical equipments. Vayavya’s tools target the ‘First-Inflection-Point’ of the hardware…

IAN Invests in Groffr, Group Buying Site For Real Estate Industry

IAN (India Angel Network) has invested in Groffr, group buying site for real estate. Unlike other group buying sites that concentrate on low value impulsive purchase decisions like a eat out or spa session, Groffr has focussed on high value…

Indiaplaza Raises $5mn From NEA-IUV [Funding]

Indiaplaza Raises $5mn From NEA-IUV [Funding]

Indiaplaza, one of the early ecommerce players in India has raised $5mn from NEA-IUV. Indiaplaza is backed by Indigo Monsoon Group, an investment firm focused on early stage deals. Indiaplaza, in spite of being one of the early movers in…