1. Articles from VCCircle


  2. 25-48 of 1966 « 1 2 3 4 5 ... 80 81 82 »
    1. Discount app for restaurants Ressy raises $400K in seed funding

      Discount app for restaurants Ressy raises $400K in seed funding

      Ressy, an app that provides last-minute deals and discounts at restaurants, has raised $400,000 (Rs 2.5 crore) in seed funding from Eight Capital’s founding partner Vikram Chachra and other investors, using the crowd funding platform LetsVenture. Mohandas Pai, chairman of Manipal Global Education and former member of Infosys' board; Akshay Garg, co-founder of Komli Media; Jeljo Joh Kottor, director, ProV Venture Investments (Singapore) and Ketharaman Swaminathan, founder of GTM360 were the other investors to put money in this round. The Pune-based Ressy Technology Pvt Ltd, the firm behind Ressy, will use the money for product development and ...

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    2. News Roundup: Sequoia Capital fuels tier II online story in Cardekho

      Sequoia Capital fuels tier II online story in Cardekho: Marquee venture capital firm Sequoia Capital is backing a tier II consumer internet story, fueling an audacious billion-dollar dream of its two founders from Jaipur. Sequoia Capital is ... Zoom Developers' assets put on the block again by UBI: State-run United Bank of India has put the assets of project development company Zoom Developers on the block for the third time in an effort to recover loans worth Rs 2,650 crore ($425 million).

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    3. Private equity pours money into India healthcare

      Private equity funds quadrupled their investment in India's primary healthcare, betting the sick and ailing will stop seeing family doctors in often cramped and dingy quarters and check into modern chains sprouting up across Asia's No.3 economy. Goldman Sachs Group Inc, Warburg Pincus LLC, Sequoia Capital and the Government of Singapore Investment Corp are among investors that pumped $520 million into India's basic healthcare industry this year, compared with $137 million in 2011, according to T
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    4. IDG-backed iCreate Software raises $9.2M led by Sequoia Capital

      Bangalore-based banking software developing company iCreate Software has announced the completion of its Series B round of funding of $9.2M (Rs 50 crore). The investment round was led by Sequoia Capital and IDG Ventures India, the Series A investors, also participated. As part of this investment, Gautam Mago from Sequoia Capital will join the board. The funds will be utilised for market expansion, product portfolio enhancement and to deploy banking solutions. iCreate claims its banking software
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    5. Sequoia backs Suburban Diagnostics as healthcare deals hit record high

      Sequoia backs Suburban Diagnostics as healthcare deals hit record high
      Venture and growth capital investor Sequoia Capital India has put in Rs 40 crore or $7.5 million in pathology chain Suburban Diagnostics India Pvt Ltd – its fourth investment in the healthcare delivery segment. The funding came when private equity deals in healthcare services and equipment space have reached a record high in 2012 as investors look at a large, recession-proof market with minimal regulatory intervention. According to VCCEdge, the data research platform of VCCircle, there have been
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    6. Tech Mahindra buys 51% of Bharti Group's mobile VAS firm Comviva for $48M

      Tech Mahindra Limited, India’s sixth largest software exporter, has struck a deal to acquire 51 per cent of Comviva Technologies Limited, a Bharti Group company engaged in providing mobile Value Added Services (VAS), mobile money and mobile payment solutions, for Rs 260 crore ($48 million). The firm will be rechristened Mahindra Comviva. As part of this arrangement, Tech Mahindra will make an upfront payment of Rs 125 crore towards the stake acquired and the balance amount of Rs 135 crore will b
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    7. News Roundup: Tech Mahindra to buy Bharti's Comviva for Rs 750Cr

      Tech Mahindra To Buy Bharti's Comviva For Rs 750Cr - Billionaire Sunil Bharti Mittal-led Bharti Group is in advanced discussions to sell Comviva Technologies, a mobile financial and value-added services (VAS) solution provider, to Tech Mahindra, the Mahindra group's IT arm, for around Rs 750 crore. The deal had been delayed for a while as some minor issues such as valuation of future contracts of Comviva had to be resolved. Comviva is about 50% owned by Mittal and his family, 30% by Sequoia Capi
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    8. Jolly'€™s Volley: Back to the USA

      Yes I am back on vccircle after a little hiatus (to the delight of some, and dismay of many). For those of you who are unaware, I recently relocated to the Bay Area. The reasons were purely personal (aging parents and in-laws are in California and the accidental loss of my younger brother last year), and in no way indicates a lack of interest or excitement about entrepreneurship or investment opportunity in India (political and policy logjam notwithstanding). While I still sit on multiple boards
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    9. News Roundup: IPG set to buy Sequoia Capital-backed Interactive Avenues

      IPG Set To Buy Sequoia Capital-backed Interactive Avenues - Interpublic Group or IPG, the world’s fourth largest advertising network after WPP, Omnicom and Publicis, is close to acquiring the largest digital marketing agency in India, called Interactive Avenues (IA). While the deal size could not be ascertained, IA has clients like ICICI Bank, Sony India and ITC, among others. IPG already has a 51:49 joint venture with IA, called Reprise Media. (Business Standard) Shareholders of Actis-owned Hal
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    10. Sequoia Capital invests $4.6M in online clinic management platform Practo

      Bangalore-based Practo Technologies Pvt Ltd, a web-based clinic management software developer, has raised Rs 25 crore (around $4.6 million) from Sequoia Capital in a Series A round of funding. Practo’s flagship product is Practo Ray, a web-based software tool which provides automated appointment scheduling and storage of healthcare records including X-rays, files, prescriptions and billing. Practo’s platform currently manages 10,000 appointments per day, with 8,000 doctors at 5,000 dental, welln
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    25-48 of 1966 « 1 2 3 4 5 ... 80 81 82 »
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