Venture Capital

Intel Capital Invests $17M In Yatra.com, BuzzInTown And An OOH Firm - 0 Comments
Posted By VCCircle - Thu 24 Jul 2008 09:58 AM PST

Intel (NSDQ: INTC) Capital, the venture capital arm of chipmaker Intel, has announced that it would invest $17 million into three Indian companies - which includes travel portal Yatra.com, events-oriented…

Info Edge To Invest $1.5 Million In Delhi-based Education Company - 0 Comments
Posted By VCCircle - Tue 22 Jul 2008 11:22 AM PST

Info Edge (BOM: 532777) Ltd, the owners of jobs portal Naukri.com, has made investment in another education company. Info Edge informed the stock exchanges today that it has proposed to…

Cybercafe Ad Platform Ideacts Gets $5 Million From Sequoia - 1 Comment
Posted By VCCircle - Wed 02 Jul 2008 03:14 AM PST

Mumbai-based Ideacts Innovations, a web-based advertising platform, has recieved $5 million funding from Sequoia Capital India. Sequoia Capital India’s senior advisor R.Ramaraj and operating partner Mohit Bhatnagar have joined the…

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Online Video Advertiser Jivox Gets $10.7 Million First Round From Helion, Others - 0 Comments
Posted By Joseph Weisenthal - Mon 16 Jun 2008 10:49 AM PST

Jivox, the developer of a self-serve video ad system, has raised a $10.7 million first round led by Opus Capital, along with Helion Venture Partners and other past backers. In…

Sequoia Capital Invests Rs 29 Crore In SatNav - 2 Comments
Posted By Cerius Shah - Sat 14 Jun 2008 03:03 AM PST

Hyderabad based SatNav Technologies has received $7 million (Approx Rs 29 crore) in a first round of funding by Sequoia Capital. The funds will be utilized to expand product portfolio…

Times/BCCL Takes Stake in Travel Portal TravelChaCha - 6 Comments
Posted By Rafat Ali - Fri 13 Jun 2008 07:12 AM PST

BCCL, the parent company of Times of India, has taken an undisclosed stake in Culture Holiday, the parent company of online travel portal TravelChaCha.com, adding to more crush in the…

Hungama’s Parent Looking To Sell Stake To Merrill, Lehman, Among Others - 3 Comments
Posted By Rafat Ali - Thu 12 Jun 2008 10:50 PM PST

Virtual Marketing India, the parent company of Hungama, is about to get a minority investment of about $40 million (170 crores), and the race is on: firms such as Merrill…

Reliance Invests in Mobile Social Network Pelago; Total $15 Million Raise - 1 Comment
Posted By Tricia Duryee - Tue 27 May 2008 09:13 AM PST

Seattle-based Pelago, which has been developing a mobile social network called Whrrl, plans to announce either today or tomorrow that it has secured $15 million in a second round of…

Idea Cellular Divests 20 Pc Stake In Subsidiary To Providence Equity Partners For $640 Million - 0 Comments
Posted By Nikhil Pahwa - Fri 23 May 2008 03:56 AM PST

Aditya Birla Telecom (ABTL), a subsidiary of Idea Cellular has divested 20 percent stake for $640 million to Providence Equity Partners. Idea Cellular has informed the BSE of the same.…

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 - 5 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…

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? - 4 Comments
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 - 9 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…