Press release archives - Venture Capital

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Thursday, 16th Sep 2010

Vyas Labs' RDK - India's Product Among Global Top 10 in Nokia's Growth Economy Venture Challenge

Vyas Labs is developing Remote Diagnostics Kit (a rural telemedicine project) which provides healthcare to people in areas which have no access to basic health services. Remote Diagnostics Kit (RDK) was among top 10 finalists for Nokia's Growth Economy Venture Challenge 2010. The finalists run off for a USD 1 million investment by Nokia was held in conjunction with Nokia W... More...

IISc and IIMB to collaborate on technology and innovation

The Indian Institute of Science, Bangalore (IISc) has signed a Memorandum of Understanding (MOU) with the Indian Institute of Management Bangalore (IIMB) in a historic move that will deepen the academic exchange and collaboration between the two Institutes. More...

Monday, 6th Sep 2010

Tyfone Closes Series B Investment from HDFC Holdings, Polaris Software Lab and Ojas Venture Partners

Award winning innovator of patented MicroSD memory card technology for mobile transaction and mobile payment solutions now positioned to accelerate global deployment More...

Tuesday, 31st Aug 2010

Suryoday Microfinance raises INR 210 million equity from Lok Capital and Aavishkaar Goodwell

Suryoday Microfinance Pvt Ltd (Suryoday), a Pune-based MFI announced the successful closure of its Series B equity financing for a primary infusion of INR 175 million led by Lok Capital as well as from its existing investor, Aavishkaar Goodwell, two leading social investment / microfinance equity funds operating in India. As part of the current transaction, Lok has agreed ... More...

Saturday, 21st Aug 2010

India Venture Partners invests in Gensol Consultants Pvt. Ltd.

Gensol Consultants Pvt. Ltd., one of the leading carbon consultancies in India has successfully raised capital for 15-20% stake to a US based venture capital firm, India Venture Partnership Ltd., managed by India Venture Partnership Management, a Mauritius GBL1 company, with the deal being of an enterprise value within the range of $4-$6 million. More...

Tuesday, 3rd Aug 2010

Attero Recycling attracts Rs.150 million in second round funding led by Granite Hill India Opportunities Fund (Mauritius)

Attero Recycling, India's only integrated end-to-end electronic waste recycling company based in Noida, has attracted Series B investment of Rs. 150 million from Granite Hill India Opportunities Fund (Mauritius). Both, IndoUS Venture Partners and Draper Fisher Jurveston who were Series A investors, enthusiastically participated in the current round. More...

Thursday, 15th Jul 2010

Mumbai Angels invest In Algorhythm, Pune based supply chain solutions firm

Mumbai Angels, India's premier group of angel investors has made an early stage investment in Algorhythm Tech Pvt Ltd, a Pune based supply chains solutions firm, More...

Wednesday, 12th May 2010

Insideview Raises $11.5 Million Series B Round

InsideView, Inc. today announced that it closed $11.5 million in Series B financing led by current investors Emergence Capital Partners, Rembrandt Venture Partners and Greenhouse Capital Partners. The new financing will be used to expand new customer acquisition efforts and scale user adoption and customer success, while accelerating the company's investment in product dev... More...

Monday, 10th May 2010

Fidelity Growth Partners India takes a significant minority stake in PL Engineering

Fidelity Growth Partners India takes a significant minority stake in PL Engineering More...

Tuesday, 27th Apr 2010

Nurture Talent Academy announces workshop on Finance for Entrepreneurs for Delhi and Gurgaon startups

After successful workshops for entrepreneurs at Mumbai, Pune, Bangalore and Chennai, Nurture Talent Academy announces its program at Delhi and Gurgaon. The workshop is for budding entrepreneurs and startups who want to learn fundamentals of finance, valuations and funding sources. More...

Thursday, 15th Apr 2010

Reliance Venture Asset Management strikes exclusive India alliance with MIT $100k and Stanford Business Competition

Reliance Venture Asset Management is proud to announce its strategic collaboration with two of the most prestigious universities globally - the Massachusetts Institute of Technology (MIT) and Stanford University. More...

Wednesday, 7th Apr 2010

"BFSI presents great entry point for consumer, infra sectors": PE Investors

Microfinance, Infrastructure Finance and service providers to financial services firms, are among the favourite sectors of PE & VC investors within the industry, a survey by research firm Venture Intelligence reveals. More...

Reliance Venture Asset Management leads Series-C round of funding in Tessolve Services

Reliance Venture Asset Management, India's first and largest corporate venture capital firm and an arm of the Reliance ADA Group, today announced that it has successfully led and completed the Series C round of venture funding in Tessolve Services, a leading independent full-service semiconductor test and product engineering company. The announcement comes close on the hee... More...

Tuesday, 6th Apr 2010

PE firms invest $2-B in Indian Cos. in Q1 '10

Private Equity firms invested about US$2,000 million across 56 deals during the quarter ended March 2010, according to a study by Venture Intelligence (http://www.ventureintelligence.in), a research service focused on Private Equity and M&A transaction activity in India. The amount invested during the latest quarter was the highest in the last six quarters. The figure was ... More...

Sunday, 4th Apr 2010

Nurture Talent Acadamy announces workshop on Finance for Entrepreneurs for Pune startups

After successful workshops for entrepreneurs at Mumbai, Nurture Talent Academy announces its program at Pune. The workshop is for budding entrepreneurs and startups who want to learn fundamentals of finance, valuations and funding sources. More...