StartupAvenues

mGinger, a permission based mobile advertising network has received $2 million funding from Draper Fisher Jurvetson and NEA-IndoUS Ventures. The company will use the fund for its business growth, build up their technology stack and ramp up their marketing...

GVK Biosciences Private Limited (GVK BIO), a Pharma & Biotech research and development outsourcing company, today announced that Sequoia Capital a leading global private investment firm has invested Rs.100 crores in GVK BIO. GVK BIO started operations...

Ticketvala.com, a portal for bus ticket booking has raised USD 2 mn from FootPrint ventures, an early stage venture capital fund, based out of India as per report published in Mint. Ticketvala, headed by Harnath Lokanadham, aim to capture the...

Indian digital media space seems to be in thick of action. After acquisition of Quasar media by WPP, Webchutney, known for its creative virals (Webchutney, headquartered at Delhi with offices at Mumbai, Bangalore and KualaLumpur is an online ad agency...

Firefly e-Ventures Ltd., the wholly-owned Internet subsidiary of HT Media Ltd., has acquired social networking site, Desimartini.com, as per the news reported in Hindustan Times. Though the financial terms are not disclosed, HT Media said that the deal...

Nexus India Capital (website) has closed a $100M Venture Capital Fund to invest in opportunities across sectors in India. Nexus plans to invest in both technology start-ups as well as companies with business models not driven by technology. The funds...

Komli, Inc., a technology and media company in the online advertising industry, today announced it has received an investment from Draper Fisher Jurvetson (http://www.dfj.com) and Helion Ventures (http://www.helionvc.com), two leading venture capital...

Ahmedabad based GVFL seems to be in overdrive with some recent investments in two startups after a long hiatus and now seems to be making exit from its existing investments. As per unconfirmed reports GVFL has made an exit from ICENET, the leading ISP...

In a press release, IVCA (INDIAN VENTURE CAPITAL ASSOCIATION) has condemned Finance Minister’s Budget proposal regarding taxation of Domestic funds and called these steps as regressive and retrograde. IVCA has said that the said proposal with regard...

Does the present Congress led govt has something against entrepreneurs ?? If one goes by the series of events has they have unfolded in past 2 years then it does look like that Govt is not very fond of venture funds and entrepreneurs. Earlier the...