Cisco Investments Allocates $40 mn to Back Indian Product Startups; Covacsis, Mobstac Get Funded
Cisco investments, the venture capital arm of Cisco today announced the allocation of $40 mn to fund early-stage firms in India.
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Mobstac
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Mobile Publishing Platform MobStac Raises Series B Funding from Accel Partners & Cisco
Bangalore based MobStac has raised $2 mn in series B funding from Accel Partners and Cisco.
MobStac Launches HTML5stac for Developers
Venture backed startup MobStac has launched HTML5stac, a cloud based platform for HTML5 and JavaScript developers to build responsive websites and mobile apps.
MobStac launches API platform for developers to build and manage mobile websites and apps for their customers
By signing up as a developer (link), MobStac lets you plug in your customized themes and designs into a preset framework, equips you with a set of tools to test your final products on any mobile environment and finally lets you launch your customers’ mobile sites and apps in just one-fourth of the usual development time.
MobStac Partners with PubMatic – Gets Distribution in US Market
Through this partnership, MobStac will not only help PubMatic publishers create optimized mobile websites and apps across devices seamlessly using our cloud platform, but also effectively monetize them through the same PubMatic solution publishers have been using.
Mobstac Kills Freemium Model, Says Advertisement Revenues Not Enough
Bangalore based Mobstac, the 360 degree mobile publishing platform has announced that it will now kill freemium model and will start charging bloggers a minimum of $5 for the product…
The MobStac Story–From Die Hard Geeks To Starting Up (And Going Global)
MobStac, the Bangalore based startup that recently raised funding (for global expansion) has an interesting story to tell. At Pluggd.in’s Hackathon, MobStac cofounder, Ravi Pratap shared his journey from being…
Mobstac To Go Global. Secures Funding From Accel Partners and Mumbai Angels
Mobstac, the Bangalore based startup that earlier launched its platform for publishers (like bloggers/media companies) to have a beautiful mobile site has raised a fresh round of funding from Accel…
Raising Seed Funding? Use This Convertible Note Template [Thanks Mobstac Team]
Now when we raise our next round (Series A), let’s say we raise $500k from a VC firm at a pre-money valuation of $1 million. Since the seed round helped us increase the company’s value to that much, we ought to give the angels a valuation that is lower than this $1 million, because at the point they invested, there was a lot less. Just you and me and a prototype, basically. Right?
5 Things You Need To Know About Asia’s first ‘IoT’ Hub in Bangalore
In a strategic partnership with Electronics City industries association (ELCIA), Cisco has planned to develop Asia’s first end-to-end ‘Internet-of-Things (IoT) innovation Hub’ in Bangalore. The reason why ELCIA is chosen…
After $13mn Funding, IPO on the Anvil for PubMatic?
California-based programmatic ad platform PubMatic may soon file for an IPO according to a report. The company is set to be valued at $1 billion post IPO.
Weekly Summary: E-commerce Going Offline In India; Aam Aadmi Party’s Online Crowdfunding Success & More
The new year is off to a kick ass beginning with a few startups announcing their fundraise and Bangalore based Little Eye Labs’ getting acquired by social networking giant Facebook. The acquisition could be one of the many to come this year.
Indian Startups, Are Convertible Debts for You?
Startup Financing with Convertible Debt: While equity financing remains the primary way of raising early stage capital in India, convertible instruments are showing some early signs of picking up.
Weekly Recap: Engineering Flipkart; This Founder Made $99 from $82.5mn Exit & More
For all those who missed out on the action, here is a curated list of all the stuff that we covered last week.
Blume Ventures Makes Strategic Investment in Bangalore based Kuliza
Blume Ventures has made a strategic investment in Kuliza, a software development company which works on web, mobile and social media products.
Uncafe Notes : SAAS, Inbound Marketing, Indian Customers and more..
Seven great startups huddled at the office of Accel Partners in Bangalore on Friday for the first UnCafe meetup. What were the talking about? Business. Why? Because if you are…
