-
Popular Articles
IDG Ventures India Invests $3 Million In EIR Spin-off Aujus Networks
"We Are Not A Google Challenger:" Kosmix Founder
Ex-Bankers Formed MFI Receives Rs 4.5 Cr From Aavishkaar Goodwell
India Value Fund Backed Act Tv Invests Rs 450 Cr For IPTV Launch
VC Circle Growth Capital Forum, Pune: Highlights, Downloads & Pics
Reliance Technology Ventures Invest In WiMax Chip Maker Sequans
“Jivox Is For Video Ads What Google AdWords Is For Text Ads”
“2008 Will See Inflexion Point For Broadband Penetration In India”
Erasmic Merges With Accel Partners To Form Accel India Venture Fund
-
Challenges In Executing Buyouts In India
Explore Article VCCircle (Mar 2 2010) Acquisition
The Indian Private Equity industry has shown great promise and the India story continues to be an attractive investment proposition for PE funds. The Indian PE deal flow has however largely been minority growth capital stake as opposed to buyouts which have the largest share of PE deals in global markets. Traditional buyout houses such as 3i Private Equity, TPG, Warburg Pincus among others, have mostly invested for minority stakes providing growth capital. While India continues to be a play on minority stake holding, the market for large buyout transactions in the country is opening up with second generation entrepreneurs ... (Read Full Article)
Comment on Article Mentions: Bain Capital Blackstone Indian School of Business
-
Letter from Barcelona: To Go Mobile, Get to the Desktop First.
Explore Article VCCircle (Feb 19 2010) Maps/Local , Mobile , Social Networking
It’s hard not to run into some wide-eyed fanatic telling us how mobile will change our lives. And I am in Barcelona as I write this – the Mobile World Congress, also called 3GSM, is on – and the city is positively bursting with mobile fanatics from around the planet. A colleague from the Internet business in India meets me before we board the plane and says that his employer, one of India’s leading print media groups, is now investing in mobile startups. Another presenter at the conference I’m speaking at here has just gone on about how social ... (Read Full Article)
Comment on Article Mentions: Minglebox Pinstorm AOL
-
To Go Mobile, Get to the Desktop First.
Explore Article VCCircle (Feb 19 2010) Maps/Local , Mobile , Social Networking
It’s hard not to run into some wide-eyed fanatic telling us how mobile will change our lives. And I am in Barcelona as I write this – the Mobile World Congress, also called 3GSM, is on – and the city is positively bursting with mobile fanatics from around the planet. A colleague from the Internet business in India meets me before we board the plane and says that his employer, one of India’s leading print media groups, is now investing in mobile startups. Another presenter at the conference I’m speaking at here has just gone on about how social networking ... (Read Full Article)
Comment on Article Mentions: Minglebox Pinstorm BigAdda
-
Belgium’s MFI Fund Incofin Hits Road To Raise $139M
Explore Article VCCircle (Feb 5 2010) Acquisition
Belgium-based Incofin Investment Management, a global microfinance fund, is on course to raise a Euro 100 million ($139 million) second global fund, a major portion of which would be committed to India investments. The firm expects to close the commitments by the next quarter, a senior fund official told VCCircle. “We have significant amount of commitments from investors across the globe. All the institutional investors are very keen on how we add value to microfinance institutions across the world,” said Incofin Investment Management private equity expert Aditya Bhandari, who looks at Incofin’s portfolio in India. The microfinance-focussed fund, ... (Read Full Article)
Comment on Article Mentions: Social Investment Services World Bank Intellecap
-
Belgian MFI Fund Incofin Hits Road To Raise $139M
Explore Article VCCircle (Feb 5 2010) Acquisition
Belgium-based Incofin Investment Management, a global microfinance fund, is on course to raise a Euro 100 million ($139 million) fund which would be a successor to the existing Rural Impluse Fund I, a material portion of which would be committed to India investments. The firm expects to close the commitments by the next quarter, a senior fund official told VCCircle. “We have significant amount of commitments from investors across the globe. All the institutional investors are very keen on how we add value to microfinance institutions across the world,” said Incofin Investment Management private equity expert Aditya Bhandari, who looks ... (Read Full Article)
Comment on Article Mentions: Social Investment Services World Bank Intellecap
-
Tata Communications Acquires Digital Media Management Co
Explore Article VCCircle (Jan 18 2010) Acquisition
Tata Communications, a leading provider of a new world of communication, today announced that it has reached an agreement to acquire BT group`s (BT) Mosaic business, which offers an on demand digital media management platform that manages content and workflow from production to distribution across collaborative market ecosystems. The amount of acquisition remains undisclosed. The Mosaic business, with its service-oriented architecture, helps media customers improve cross enterprise content creation, management and multi format delivery.``The acquisition of the Mosaic platform strengthens our global media and entertainment portfolio with powerful cloud-based digital media management applications that can be accessed over the ... (Read Full Article)
Comment on Article Mentions: Videsh Sanchar Nigam Limited Vsnl COO
-
‘We Did Not Shut Down Any Portfolio Company Last Year’
Explore Article VCCircle (Dec 21 2009) Social Networking , Acquisition , Funding
Venetia Kontogouris, managing director of Palo Alto-based Trident Capital, visits India six times a year. Trident, she says, is committed to the Indian geography where it invested $40 million in five Indian technology-based companies out of its global fund. “Personally, I am more bullish than ever,” she says, reacting to reports that indicated that Trident would be slashing India commitments by 60%. Venetia Kontogouris, who will start looking at bright ideas from India in the first half of 2010, talks to VCCircle about the status of portfolio companies and expansion plans for the year. She adds that two of her Indian ... (Read Full Article)
Comment on Article Mentions: Minglebox Venetia Kontogouris Trident Capital
-
‘Microland & Elucido Will Go Public In Two Years’
Explore Article VCCircle (Dec 21 2009) Social Networking , Acquisition , Funding
Venetia Kontogouris, managing director of Palo Alto-based Trident Capital, visits India six times a year. Trident, she says, is committed to the Indian geography where it invested $40 million in five Indian technology-based companies out of its global fund. “Personally, I am more bullish than ever,” she says, reacting to reports that indicated that Trident would be slashing India commitments by 60%. Venetia Kontogouris, who will start looking at bright ideas from India in the first half of 2010, talks to VCCircle about the status of portfolio companies and expansion plans for the year. She adds that two of her Indian ...
(Read Full Article)
Comment on Article Mentions: Minglebox Trident Capital Venetia Kontogouris
-
Indian Television Broadcasters: The Glitz and the Grit
Explore Article VCCircle (Dec 14 2009)
ADVERTISING REVENUES- RECOVERING FROM THE SLOWDOWN Advertising revenue accounts for ~80% of broadcasters’ revenues in India and for a large number of channels (particularly newer ones), advertising constitutes the predominant source of revenue. Advertising spends on television grew at a CAGR of 17% from CY04- CY08 on the back of strong economic growth and resilient performance of sectors like telecom and financial services. Whilst the high growth rates of the past years continued through the first half of CY08, the impact of the broader economic slowdown began to be felt during H2. Ad spend across sectors like FMCG, financial services and real estate contracted and ... (Read Full Article)
Comment on Article Mentions: Star Plus Sun TV GEC
-
Baring Asia To Invest $50-60M In Coastal Projects
Explore Article VCCircle (Dec 11 2009) Acquisition
In one of the largest growth capital deals, Baring Private Equity Asia is close to investing around $50-60 million in Coastal Projects, a Hyderabad based infrastructure company. The deal is expected to close in two to three weeks, VCCircle has learned. Coastal Projects is involved in a variety of infrastructure development activities such as construction of hydel power projects, mini dams, water supply schemes, laying of roads and so on. When contacted, Jimmy Mahtani, who looks after the firm’s India investments of Barings Private Equity Asia, refused to comment. “At any point of time, we are evaluating multiple transactions ... (Read Full Article)
Comment on Article Mentions: Barings Private Equity Citigroup Venture Capital International VCCircle
-
Skype To get Independence -- For Better or Worse
Explore Article VCCircle (Nov 8 2009) Mobile
Now that eBay has vaulted a major hurdle in its efforts to sell Skype, the Web telephony service must prove it can make it on its own. Since its founding six years ago, Skype has built up a roster of more than 520 million registered customers who use the free Web service for voice, video or text communication. In just the last quarter, it added 40 million users. Still, Skype is facing some challenges. One problem is growing competition from other high-profile services, including Google Inc's Google Voice. Another, perhaps larger, issue is that consumers are increasingly ... (Read Full Article)
Comment on Article Mentions: Andreessen Horowitz Niklas Zennstrom Google Voice
-
Rediff Acquires Location Sensing Co
Explore Article VCCircle (Nov 2 2009) Mobile , Social Networking
Rediff.com India has invested in Imere Technologies, a Bangalore based location sensing company. The amount of investment is not disclosed. The company provides geospatial features for mobile and internet location-based services. Imere’s technologies work without the need for GPS on mobile phones. On the internet, the company aims to bring high levels of user location accuracy without entirely being dependant on IP addresses. Ajit Balakrishnan, Chairman and CEO, Rediff.com said “Location-awareness in applications is critical for hyper-local search and local advertising besides many evolving social networking and enterprise applications. Imere’s technology is very cost effective in delivering location awareness.” ... (Read Full Article)
Comment on Article Mentions: GPS Ajit Balakrishnan
-
Rediff Invests in Location Sensing Co
Explore Article VCCircle (Nov 2 2009) Mobile , Social Networking
Rediff.com India has invested in Imere Technologies, a Bangalore based location sensing company. The amount of investment is not disclosed. The company provides geospatial features for mobile and internet location-based services. Imere’s technologies work without the need for GPS on mobile phones. On the internet, the company aims to bring high levels of user location accuracy without entirely being dependant on IP addresses. Ajit Balakrishnan, Chairman and CEO, Rediff.com said “Location-awareness in applications is critical for hyper-local search and local advertising besides many evolving social networking and enterprise applications. Imere’s technology is very cost effective in delivering location awareness.” ... (Read Full Article)
Comment on Article Mentions: Ajit Balakrishnan GPS
-
"We Worry About Products First, Money Later": Nikesh Arora
Explore Article VCCircle (Nov 1 2009) Maps/Local
On the sidelines of the Hindustan Times Leadership Summit 2009, held on 30-31 October, Nikesh Arora, president of global sales operations and business development at Google Inc. and a member of the company’s operating committee, spoke about Google’s approach to copyright law, factors changing the Internet and how the company can grow without turning “evil”. Edited excerpts: During your session, you spoke about how the Internet is becoming more social and more real-time. Content is being produced all the time by millions of people through Facebook, Twitter and other networks. How does this affect Google’s most important business: search? ... (Read Full Article)
Comment on Article Mentions: Google
-
India Innovation Fund Achieves 1st Close Of Rs 40Cr
Explore Article VCCircle (Oct 29 2009)
After several false starts, India Innovation Fund (IIF)—led by IT industry body Nasscom and ICICI Knowledge Park Trust--which was announced almost two years back, is now finally good to go. The fund has achieved its first close of Rs 40 crore--raised from domestic sources such as Tata Consultancy Services, Bharti Airtel Ltd, ICICI Knowledge Park Trust and the department of science and technology. Its launch is as close as in a week or 10 days. The fund had originally planned to raise Rs 100 crore. “We are still confident of achieving the target,” Nasscom vice-president Rajdeep Sahrawat told ... (Read Full Article)
Comment on Article Mentions: Nasscom Airtel Tech Mahindra
-
Matrix Puts $10M In Hospitality Service Firm
Explore Article VCCircle (Oct 28 2009) Acquisition
Matrix Partners India, which is sitting on a $450-million fund that it raised in 2007, is clearly on a deal rampage. In the Mumbai-based venture capital fund's fifth investment in less than three months, Matrix Partners has put $10 million as the sole investor in the first institutional round of funding of Siesta Hospitality Services Limited. Ashok Chattaraj-promoted Siesta Hospitality provides transit apartments for corporate accommodation and is currently managing over 500 rooms in 14 cities and claims that its clientele include some of India’s leading corporations. With the completion of this financing, Rishi Navani, Co–founder & ... (Read Full Article)
Comment on Article Mentions: Matrix Partners Helion Venture Partners Quikr India
-
Info Edge Q2 Net Down 5%; Shows Uptick Over June Quarter
Explore Article VCCircle (Oct 22 2009)
Info Edge India Ltd, the owners of online consumer service web portals such as Naukri.com, Jeevansathi.com and 99acres.com, has reported 6% growth in revenues and 10% increase in net profit for the quarter ended September’09 on a sequential basis, after three straight sequential quarters of decline in top line. This probably indicates that the online consumer services businesses are also coming out of the economic slowdown which affected ad rates as well as demand as corporate clients put on a freeze on hiring. Net profit for the second quarter stood at Rs 14.73 crore with net revenues of ... (Read Full Article)
Comment on Article Mentions: Info Edge India Ltd Kleiner Perkins Caufield & Byers Bombay Stock Exchange
-
India founder of PartyGaming Makes Near Exit
Explore Article VCCircle (Oct 21 2009)
India born techie Anurag Dikshit, who struck gold after developing the software which runs one of the world’s best known online betting site PartyGaming, has sold around 19% stake in the UK listed company for close to $300 million. Dixit, who figured at number 701 in the last Forbes list of global billionaires, continues to hold 9% in the company which is valued around $150 million. He sold two thirds of his 28% stale to institutional investors early this week for £188 million and has disclosed that he intends to sell the remaining holding in the future. Dikshit is, reportedly, ... (Read Full Article)
Comment on Article Mentions: Goldman Sachs
-
Baring India Exits Gitt; More To Follow
Explore Article VCCircle (Oct 21 2009) Acquisition
Baring Private Equity Partners India has exited from its investment in Gi Terminal i-Tech Pvt Ltd, a Chennai-based online gaming solutions company that develops solutions for the lottery market, a senior official told VCCircle. The private equity fund has exited its investment completely in an M&A transaction. Rahul Bhasin, Managing Director, Baring Private Equity Partners India, declined to give the name of the buyer and the value of the transaction. BPEP invested in the company in early 2007. The amount invested then is also not known. Bhasin told VCCircle that they are planning a couple of exits this ... (Read Full Article)
Comment on Article Mentions: Pvt Ltd VCCircle Baring
-
Aavishkaar Pumps Money Into Waterlife
Explore Article VCCircle (Oct 15 2009)
Aavishkaar, a micro equity fund, has invested in Hyderabad-based Waterlife India Pvt Ltd, a water purification company, for a significant minority stake. The amount of money pumped into the firm was not disclosed. Waterlife has been founded by Sudesh Menon, Mohan Ranbaore and Indranil Das with the objective of providing potable water to rural communities. Waterlife installs and operates mini water purification plants (120,000–30,000 litres per day capacity) in rural areas that treat water for bacterial as well as chemical contamination, a press release said. The company will deploy the funds to expand its reach. The water purification sector ... (Read Full Article)
Comment on Article Mentions: Anji Reddy Swas Healthcare ICICI Bank
-
India Says Aims For Green GDP Alternative By 2015
Explore Article VCCircle (Oct 14 2009)
India aims to factor the use of natural resources in its economic growth estimates by 2015, environment minister Jairam Ramesh said on Tuesday, as New Delhi seeks to underscore the actions it is taking to fight global warming. The stand is likely to strengthen India's stance at crucial negotiations in Copenhagen in December on a treaty to succeed the Kyoto Protocol, which obliges 37 rich nations to cut emissions by an average of 5 percent below 1990 levels by 2008-12. India is under no obligation to cut emissions but says it is taking unilateral domestic actions such as ... (Read Full Article)
Comment on Article Mentions: Jairam Ramesh Kyoto Protocol
-
An Update on the Downturn and Aggressive Taxation Policies
Explore Article VCCircle (Oct 13 2009)
E- Commerce and Taxation: An Update on the Downturn and Aggressive Taxation Policies: Although there are talks of “green shorts” of the recovery, the downturn continues. We previously discussed in the article “Downturn and Aggressive Taxation”, how US and Indian tax authorities are becoming aggressive about perceived lost tax revenue as a result of the downturn. As governments search for increasing revenues, online and e-commerce sales have been targeted for tax collection worldwide. Online retail sales in US rose to $32.4 billion and accounted for 3.6% of all retail sales in the second quarter of 2009. Pursuant ... (Read Full Article)
Comment on Article Mentions: Shantanu Surpure Nisha Mallik Google
-
Sequoia May Bundle All Funds : Report
Explore Article VCCircle (Oct 12 2009) Acquisition
Sequoia Capital may be looking at bunching together its different funds into a single vehicle. At its next annual LP (limited partners) meeting in China, Sequoia may put in place a consolidation plan too, according to a report in PEHub. What this means is that instead of separate funds focused on domains or geographies, Sequoia will have a single fund. When contacted, a spokesperson for Sequoia Capital India said, “we would not like to comment on this”. If this happens, Sequoia will be closer to the Blackstone model of a core fund strategy rather than Carlyle’s. While ... (Read Full Article)
Comment on Article Mentions: Edelweiss Capital WestBridge Capital Partners Blackstone
-
mChek Raises Second Round From Nexus
Explore Article VCCircle (Sep 23 2009) Mobile
mChek, a Bangalore-based mobile payment application provider, has raised a second round of venture capital funding from Nexus India Capital. Nexus has invested around $5-8 million, a source close to the development told VCCircle. Draper Fisher Juvertson (DFJ), an earlier backer of the firm, has also invested in the second round. An email sent to a Nexus spokesperson remained unanswered at the time of filing the story. mCheck CEO Sanjay Swamy declined to comment on the investor or the amount raised. Speaking to VCCircle last week, Swamy said, the company is working aggressively to bring banking to the masses ... (Read Full Article)
Comment on Article Mentions: Airtel Nokia ICICI Bank
-
VCCircle Launches VCCEdge - Online Financial Research Platform
Explore Article VCCircle (Sep 23 2009) Acquisition
The VCCircle Network is proud to announce the launch of VCCEdge, a revolutionary data product for the deal and investment industry. VCCEdge offers in-depth deal data on Mergers and Acquisitions, Venture Capital and Private Equity, including transaction terms, structures, deal amounts and valuations. It also contains entity information on all companies involved in these transactions including targets, investors, financial advisors and law firms. In-depth data is supported by a state of the art technology platform that enables research on demand and helps reduce research time substantially. Some of the many features of VCCEdge: · ... (Read Full Article)







Recent Comments
sudiptapl » Battery Ventures Raises $709M For 9th Fund
We are leading online florist in Pune with the largest in Maharashtra. You may send ...
sunnyrf » Battery Ventures Raises $709M For 9th Fund
Send your good taste to celebration by delivering our mouthwatering cakes to Coimbatore and exotic ...
See all recent comments