Venture Capital

Percept Reading For a Rs 15 Billion For Expansion - 0 Comments
Posted By Rafat Ali - Wed 14 May 2008 04:10 PM PST

Percept Holdings, the media and entertainment conglomerate, is planning to raise a total of Rs 15 billion in the second half of the year through private equity, IPO and debt,…

Mahindra & Mahindra To Set Up Entertainment Fund; Can’t Be Just $5 Million… - 1 Comment
Posted By Nikhil Pahwa - Tue 13 May 2008 10:49 PM PST

Auto major Mahindra & Mahindra has set up an entertainment media fund, reports IANS. There’s no formal announcement yet, but the company has acquired world distribution rights for the film…

Burrp Had Received Angel Funding From Network18 Group CEO Haresh Chawla - 4 Comments
Posted By Nikhil Pahwa - Wed 07 May 2008 01:51 AM PST

There’s a rumour doing the rounds that Web18 has invested in social media startup Burrp.com. We’ve confirmed from official Network18 sources that this is not true. However, we should have…

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New Horizon Media Raises Second Round Of Funding From Beacon India - 0 Comments
Posted By Nikhil Pahwa - Wed 07 May 2008 01:03 AM PST

Indian language publisher New Horizon Media has raised a second round of funding, led by Beacon India Private Equity. This round also saw investment from existing promoters and Emergic Venture…

One97 Communications To Close $25 Million In Funding - 11 Comments
Posted By Nikhil Pahwa - Mon 05 May 2008 03:09 AM PST

Mobile Value Added Services company One97 Communications is in the process of raising $25 million in Series B funding, the company has confirmed to contentSutra. Vijay Shekhar Sharma, Founder and…

Canvera Raises Series A Funding From Footprint, DFJ And Mumbai Angels - 1 Comment
Posted By Nikhil Pahwa - Mon 05 May 2008 01:13 AM PST

Canvera, a Bangalore-based digital photo startup has raised an undisclosed amount of funding in a round led by Footprint Ventures, reports VC Circle. The Series A round also included Draper…

Reliance Big Entertainment To Raise $500 Million From PE Firms; Company Structure? - 1 Comment
Posted By Nikhil Pahwa - Sun 04 May 2008 11:06 PM PST

Reliance Big Entertainment is looking to raise $500 million, divesting around 10 percent equity, reports the Economic Times. The company is in talks with PE funds like Kohlberg Kravis Roberts…

Obopay Inc Secures $20 Million From Essar, Qualcomm, Promethean India And Others - 0 Comments
Posted By Nikhil Pahwa - Fri 25 Apr 2008 03:05 AM PST

Mobile payment company Obopay Inc has secured a $20 million in a fourth round of investment led by India’s Essar Communications Holdings, and included Alliance Bernstein, ONSET Ventures, Redpoint Ventures,…

Percept Sells 10 Percent Stake To Indivision For Rs. 65 Crores? - 0 Comments
Posted By Nikhil Pahwa - Tue 22 Apr 2008 05:06 AM PST

Percept Ltd, the flagship company of the Percept group has sold 10 percent stake for around Rs. 65 crores to Indivision, the Private Equity arm of the Future Capital, reports…

Zoom Sells 25 Percent To Merrill Lynch For $30 Million; IPO, More Video Content - 0 Comments
Posted By Nikhil Pahwa - Sun 20 Apr 2008 08:53 PM PST

Mint reports that Zoom Entertainment Television, the entertainment and lifestyle channel from BCCL (Times of India Group) is going to sell 25 percent stake to a private equity fund owned…

Tata Teleservices To Raise $1 Billion Through 15-30% Equity Sale - 0 Comments
Posted By Cerius Shah - Sat 19 Apr 2008 03:50 PM PST

Tata Teleservices plans to raise $1 billion by selling 15-30% of its stake to private equity and strategic investors reports ET. Tata, as per the latest TRAI report, holds 35.41%…

mKhoj Receives $7.1 Million From KPCB And Sherpalo Ventures - 8 Comments
Posted By Nikhil Pahwa - Fri 11 Apr 2008 07:00 AM PST

Mobile advertising company mkhoj has received $7.1 million in investment from Kliener Perkins, Caulfield & Byers and Sherpalo Ventures. Prior to this, mkhoj had received $0.5 million in funding from…

Id8Labs To Acquire Chennai Based Company; Looking To Raise $6-8 Million - 0 Comments
Posted By Nikhil Pahwa - Tue 08 Apr 2008 11:30 PM PST

Id8Labs, the digital marketing agency, is on the verge of acquiring a Chennai based initiative, founder Amit Tripathi told contentSutra. The acquisition - of a company with IPR being run…

Adlabs Founder Invests In iRock Media, Frameboxx - 1 Comment
Posted By Nikhil Pahwa - Tue 01 Apr 2008 07:25 AM PST

Adlabs founder Manmohan Shetty has been on an investment spree of sorts: he first invested in iRock Media, former Head of Animation at Adlabs Films, and has followed it up…

Ashmore Group Picks Up Stake in Directi’s Skenzo - 1 Comment
Posted By Cerius Shah - Fri 28 Mar 2008 12:23 PM PST

Skenzo, part of Directi, the $300 million valued Indian web product firm and the ten largest domain name registrar, has announced the completion of a minority investment from the Ashmore…

Instablogs Negotiating $3 Million Round Of Funding: Report - 5 Comments
Posted By Nikhil Pahwa - Thu 27 Mar 2008 10:12 PM PST

Instablogs, an India-based citizen journalism site is negotiating a $3 million round of funding, reports TechCrunch. As per the story, the company gets 2.5+ million page-views per month, has 12,000…

Interview With Ram Shriram, Founder Of Sherpalo Ventures - 6 Comments
Posted By Nikhil Pahwa - Sun 23 Mar 2008 10:40 AM PST

Ram Shriram’s has had a busy couple of days since he arrived in Delhi on the 14th - I almost got an interview with him on the 19th, while he…

Sherpalo Ventures And Kleiner Perkins Pick Up 15 Percent Stake In Futurebazaar.com - 6 Comments
Posted By Nikhil Pahwa - Thu 20 Mar 2008 02:32 AM PST

Sherpalo Ventures and Kleiner Perkins Caufield & Byers (KPCB) have together picked up 15 percent stake in the Future Group’s (Pantaloon) e-commerce portal Futurebazaar.com, Ram Shriram, founder of Sherpalo Ventures…

Ortel Raises Rs 60 Crores In PE Funding From New Silk Route - 0 Comments
Posted By Nikhil Pahwa - Mon 17 Mar 2008 02:24 AM PST

Ortel Communications, which provides telecom and broadcast services in the state of Orissa, has raised Rs. 60 crores from PE firm New Silk Route which has picked up 23 percent…

Helion Venture Partners Closes $210 Million Fund - 1 Comment
Posted By Nikhil Pahwa - Tue 11 Mar 2008 02:34 AM PST

Helion Venture Partners has announced the closing of it’s second India fund of $210 million, thus increasing the total number of funds raised by the VC for India to $350…

Cleartrip Raises $18.5 Million From DFJ, Mahindra Group And Existing Investors - 3 Comments
Posted By Nikhil Pahwa - Thu 28 Feb 2008 03:19 AM PST

Cleartrip has raised a third round of funding of $18.5 million, led by Draper Fisher Jurvetson which has put in $10 million. The Mahindra Group and existing investors Sherpalo Ventures…

SBI Capital To Set Up Rs 400 Crore Fund - 0 Comments
Posted By Rafat Ali - Tue 19 Feb 2008 11:38 PM PST

[by Cerius Shah] This has happened sooner than expected. Close on the heels of Balakrishnan comments on indigenous venture capital funds, the State Bank of India’s subsidiary SBI Capital Markets…

Seedfund To Invest In Online Publishing And College Info Ventures - 0 Comments
Posted By Nikhil Pahwa - Tue 19 Feb 2008 02:00 AM PST

Two of the businesses that were showcased at an IIM Calcutta business plan competition will receive funding from Seed Fund, reports Mint. Mudranik allows users to publish and sell their…

Cisco Eyes Stake In Media Companies - 0 Comments
Posted By Nikhil Pahwa - Thu 14 Feb 2008 06:23 AM PST

Cisco (NSDQ: CSCO) Media Solutions Group is planning to launch an online content delivery product in India, and SVP and General Manager Dan Scheinman tells ET that a part of…

NetMagic Receives Rs. 80 Crores In PE Funding From Fidelity, Nexus India - 0 Comments
Posted By Nikhil Pahwa - Tue 12 Feb 2008 05:09 AM PST

NetMagic Solutions, a managed IT services provider which specializes in Internet Data Centers, Managed Hosting, Network Operations and Remote Infrastructure Management, has received Rs. 80 crore (around $20.2 million) in…