Accel Partners leads $1.2 million Series A round in Hotelogix

Posted on April 5, 2012 by StartupCentral | 0 Comments

Delhi-based cloud startup Hotelogix, a software-as-a-service property management solution for small and mid-sized hotels, has raised a $1.2 million Series A round of funding from Accel Partners, Blume Ventures and Mumbai Angels. The company had raised an undisclosed amount as angel funding from Mumbai Angels and Accel Partners last year. The company will use the fresh round of capital to…

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Accel, Tiger Global Back Online Home Products Store Zansaar

Posted on February 28, 2012 by StartupCentral | 1 Comments

Continuing on their ecommerce run, Accel Partners and Tiger Global have teamed up to invest in home products ecommerce site Zansaar. It will use the funds to manage inventory, ramp up marketing and grow its team, said a press release. Details on the stage or quantum of investment were not disclosed in the release. However, VCCircle’s report puts the deal size…

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MobStac Grows Up, Plans Series B Round

Posted on January 30, 2012 by Snigdha Sengupta | 1 Comments

MobStac, the mobile publishing platform developed by Bangalore-based MobileMotion Technologies, is growing up. A couple of weeks ago, the Accel Partners-backed startup announced the launch of its 360-degree mobile publishing platform, which allows online publishers to seamlessly adapt content to any kind of mobile device, including tablets. The new platform also brings along some key changes to the business model…

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Meena Ganesh, Accel Invest $5 Million in BlueStone

Posted on January 24, 2012 by StartupCentral | 3 Comments

Serial entrepreneur Meena Ganesh and Accel Partners have teamed up to make a $5 million Series A round investment in BlueStone, an online jewellery and accessories store, said a press release. This is the first of a slew of ecommerce investments that will be formally announced by Bangalore-based serial entrepreneur couple Meena Ganesh and Krishnan Ganesh over the next few…

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Big Data Startup Mu Sigma Raises $108 Million Series D

Posted on December 28, 2011 by StartupCentral | 0 Comments

Data analytics startup Mu Sigma has raised a $108 million in a Series D round of funding led by General Atlantic Partners, says a press release issued by the company. The stake acquired by General Atlantic has not been disclosed. Existing investor Sequoia Capital has also participated in the current round, raising its stake in the company. The latest round…

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Accel Launches $155 Million India Fund

Posted on November 17, 2011 by StartupCentral

Accel Partners’ much awaited second India fund is finally in the bag. The Palo Alto, California-based venture capital firm announced the closing of the $155 million Accel India III fund. The new fund will invest in seed and early stage companies here, said a press release. The latest fund takes the total dedicated corpus managed by Accel for India to…

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Neeraj Bharadwaj to Steer Accel India Growth Investments

Posted on October 20, 2009 by Snigdha Sengupta

Palo Alto, California-based Accel Partners is spreading its wings in India. The venture and growth investor, which manages a $6 billion global capital pool, has hired Neeraj Bharadwaj to steer its growth investments here. Bharadwaj moves from private equity major Apax Partners after an eleven year stint, which included leading the firm’s India investments from late 2006. In a press…

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