Venture capital in India will hit an important milestone this year. At the end of 12 months, a new generation of investors will complete a decade of investing — a first for this market. Nearly $6 billion has been invested in Indian startups since 2004, of which more than $2 billion has been put to [...]
The seed round coincides with the launch of the company’s product offering, which provides a native SDK that integrates with mobile applications to provide a seamless in-app customer support experience.
The firm has also made a couple of additions to its overall team, with Parag Dhanuka joining the Mumbai team as a vice president and Arun Madhu signing up as a general counsel.
Mumbai-based Craftsvilla changed its business model last September to become an online marketplace for handmade products. It has raised $1.5 million as part of its Series A round of funding.
San Mateo, California-based storage software startup CloudByte, which runs a development center in Bangalore, has raised $2.1 million in Series A funding from Nexus Venture Partners and Kae Capital.
Nexus Venture Partners is on a roll. The Mumbai-based venture capital firm has just closed its fourth deal within a fortnight with a $4 million Series A investment in cloud publishing platform developer GENWI. Nexus led this round of funding with existing investors Inventus Capital Partners and Quest Venture Partners pitching in with follow-on funds. [...]
Helion Venture Partners and Nexus Venture Partners have made an undisclosed Series B investment in Gurgaon-based Eye-Q Super Specialty Health Hospitals. The company runs 16 affordable eye care hospitals in the country’s northern and western regions. It plans to use the fresh funds to further expand its geographical presence. The company was founded in 2007 [...]
Nexus Venture Partners has made a $2.01 million investment in Greywater Technologies, which operates in India through its Mumbai-based subsidiary Jaldhara Technologies. The company offers packaged products for water and waste water treatment, said a press release. This seems to be the company’s first round of institutional funding. Founded by Harshad Bastikar, a former Thermax [...]
Mayfield India Fund and Nexus Venture Partners have invested a Series B $7.8 million in Delhi-based agri-logistics company Sohanlal Commodity Management. The company, founded by Sandeep Sabharwal, provides warehouse management and procurement solutions to farmers and intermediaries such as traders, processors and agri-exchanges across 12 states in India. The latest round of funding follows a [...]
New York-based open source online video platform provider Kaltura has raised $20 million in Series C funding from Nexus Venture Partners, Intel Capital and existing investors .406 Ventures, Avalon Ventures and Silicon Valley Bank. Nexus led this round of funding. Kaltura’s solutions serve more than 100,000 publishers. Its users include Fox, Paramount, HBO, Times of [...]
Accelerator to angel to VC flow still struggling to find equilibrium in India
I had fun moderating the panel on early stage financing at India Internet Day. VCCircle has an interesting article. The key issues are as under: 1. Too few deals are progressing from accelerators to angel, and from angel to Series A. Only five per cent of deals going from accelerators to Series A might not [...]
The early ecommerce marketplace pioneers: eBay class of 2000-2005
TechCrunch recently published an article I wrote about how the eBay class of 2000-2005 helped shape ecommerce in Silicon Valley and continues to innovate and move the sector forward. By understanding what shaped this class’ experience and examining where these alums are today, we identified the most important industry trends and start to see a [...]
The founder’s guide to surviving the Series A crunch
The Indian entrepreneurship and venture capital ecosystem is fast maturing. Today we have more early stage funds than ever. This fund availability will only improve, aside from the temporary blips caused due to macroeconomic ups and downs. We are in one such ‘crunch’ today, where even though seed and angel funds are writing cheques with [...]
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