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 and sales force.
mGinger enables advertisements including offers, vouchers, news and more, sent in the form [...]
Archive for the 'Venture Capital / Pvt Equity News' Category
DFJ and NEA- IndoUS Ventures put USD 2 mn in mGinger
Published November 28th, 2007 in Internet / Mobile and Venture Capital / Pvt Equity News. 0 Comments---------------------------
Sequoia Capital invests INR 100 Cr in GVK Pharma
Published November 27th, 2007 in Venture Capital / Pvt Equity News. 1 CommentGVK 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 in 2001 at Hyderabad and has established itself as a leading Contract Research Organization in India. Currently GVK [...]
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Online bus ticket portal Ticketvala raises USD 2 mn from FootPrint Ventures
Published November 25th, 2007 in Venture Capital / Pvt Equity News. 0 CommentsTicketvala.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.
Capital18 invests in Webchutney
Published November 23rd, 2007 in Venture Capital / Pvt Equity News. 0 CommentsIndian 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 operating in interactive media, web development and web analytics), has got an undisclosed amount of [...]
HT Media Acquires Desimartini.com
Published November 21st, 2007 in Business News, Internet / Mobile and Venture Capital / Pvt Equity News. 0 CommentsFirefly 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 was for less than US $ 10 Million (Rs. 39.3 Crores), which makes an interesting reading, since [...]
Nexus India Capital raises $100M Venture Capital Fund
Published July 14th, 2007 in Venture Capital / Pvt Equity News. 0 CommentsNexus 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 investors include top tier institutions and strategic family offices from North America, Europe [...]
Ad network Komli raises funds from Draper Fisher Jurvetson, Helion
Published April 16th, 2007 in Venture Capital / Pvt Equity News. 2 CommentsKomli, 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 firms. Draper Fisher Jurvetson, based in the US, and Helion Venture Partners, based in India, have been involved with companies such as Skype, [...]
GVFL make an exit from Icenet?
Published April 10th, 2007 in Venture Capital / Pvt Equity News. 3 CommentsAhmedabad 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.
INDIAN VENTURE CAPITAL ASSOCIATION lashes out at new budget provision for domestic Venture funds
Published March 9th, 2007 in Venture Capital / Pvt Equity News. 0 CommentsIn 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.
Does Indian Govt hate VCs and Entrepreneurs?
Published February 28th, 2007 in Venture Capital / Pvt Equity News. 1 CommentDoes 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.