Ad Network startup AdMagnet has reportedly suspended operations since Oct 30th, multiple sources have told to MediaNama. Also, online advertising company, Vizury has also reportedly laid off 50 people in 3 cities, and pivoted its ad retargeting business into a data management platform.
Vizury has raised $16 million Series C funding round led by Intel Capital with participation from Ascent Capital and existing investors, Nokia Growth Partnersand Inventus Capital Partners.
Existing angel investors who led the seed round of funding also continue to remain invested, the company said. The funds will be used to strengthen the company’s presence across Asia, Australia and South America, step up R&D efforts and drive product innovations.
Ojas Ventures and Inventus Capital have invested in Vizury, Bangalore based ad network. Vizury’s Visitor Relationship Management, VRM is a 1:1 messaging solution that enables an advertiser to engage in…
Hi Folks, Over the last few weeks, there has been consistent bad press around a few startups in India concerning lay-offs, (ref. Tiny Owl, Zomato, Housing.com, Vizury), bad decisions, hostage…
Take Zomato for instance. If you looked at them in 2011, it would have been very hard to envision the scale that the market is expecting them to reach now.
Jabong has reported 4X revenue over a normal day!
It’s been a good week so far for product startups out of India. At least 3 of them managed to raise follow on funding from top investors this week.
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.
Here goes THE NEXTBIGWHAT list of NEXTBIGWHAT in Indian Startups space. You can’t ignore them.
The firm will continue to invest in high potential businesses within the mobile ecosystem in the U.S., Europe and Asia, the company said. It also announced expansion in China with the appointments of David Tang as managing director and Lu Guo as principal.
Indian startups have come of age. Like every year, we bring together India’s most amazing startups that were spotted. This year was a big year for startups with lots of great moves. Take a look some of the greatest startups of India from 2012.
The number of early stage investments made by venture capitalists in India has increased by 60% from 99 deals worth a total of $334 million in 2010 to 149 deals worth $397 in November 2012.
To start with, the platform is being positioned as a solution which will help e-commerce companies to acquire customers in a smarter way by assembling banners in real-time and serving them to a re-targeted audience.
The Pluggd.in jobs section is a step forward to bring your dream job closer to you, very close indeed. Yeah, we are putting our step forward to connect awesome geeks to awesome companies(product companies and technology startups only).
Multiple new products, investments and its always a good thing for the ecosystem which matures with time. Indian tech industry is changing at a rapid pace, its only fair to…