StartupCentral

There’s some confusion. Or shall we say competition? News reported first by VC Circle this morning said that Expedia has bought a majority stake in Mumbai-based travel services portal TravelGuru. The report puts the size of the deal at $17 million and additionally, Expedia reserves the right to up its stake in TravelGuru in future. [...]

Venture capitalists invested $210 million in cleantech companies in India in 2007, up 58% from 2006, says Cleantech Group in a February press release. The organization, which has Vinod Khosla among others on board, thinks clean energy and water are key opportunity areas in India for investors. There’s been some activity in terms of raising [...]

Inventus Capital, the new venture capital fund backed by Silicon Valley-based entrepreneur Kanwal Rekhi is finally off the ground. The fund has a $125 million corpus and was formally launched in Bangalore two days ago. The firm intends to invest in 15-20 early-growth companies and will invest not less than $1 million and not more [...]

We are almost done with the finalists. This edition has been trickier to shortlist because of two reasons. For one, I am experimenting with a new way of shortlisting these candidates. And two, we got quite a bit of good companies this time, and going from 19 to 15 is where the problem is right [...]

I have no idea which RD Burman song has the word Vakow!, but it was powerful enough for die-hard RD fans Rahul Gupta and Amit Upadhyay to pick as the name of their startup. Vakow! was in the news today for tying up some funding (amount and stake undisclosed) from Rediff. The Mumbai-based startup, which [...]