STARTUPCENTRAL Startups | STARTUPCENTRAL

Sadeesh Raghavan, Amit Patni sign up with VentureNursery

Posted on May 17, 2012 by StartupCentral | 0 Comments

Mumbai-based startup accelerator VentureNursery has signed up 12 angel investors for its charter angels programme, who will provide mentoring support to the startups that participate in the accelerator’s upcoming 13-week bootcamp. The startups will also have an opportunity to pitch for funding to these charter angels when they graduate from the bootcamp. The 12 angels who have signed up include…

Hippocampus Learning raises $1.3 million from Lok Capital, Acumen

Posted on May 15, 2012 by Snigdha Sengupta | 0 Comments

Hippocampus Learning Centres (HLC), a Bangalore-based education services provider that targets rural markets, has raised Rs 7 crore ($1.29 million) from Lok Capital and Acumen Fund as part of a Series A round of funding for an undisclosed equity stake. HLC will use the funds raised to expand its outreach to 7,000 students and 100 villages over the next two…

SingTel grows Silicon Valley footprint; Buys 3D mobile ads startup AdJitsu

Posted on May 15, 2012 by Susheela Menon | 1 Comments

Singapore Telecommunications (SingTel), South East Asia’s largest telecom services provider, is losing no time making inroads into the emerging mobile advertising market and Silicon Valley is its current hunting ground. Last week, Amobee, a California-based mobile ad startup that SingTel bought in March, announced the acquisition of AdJitsu, a startup that specializes in 3D advertising solutions for mobile phones. AdJitsu…

[Deals Today] Basix Samrudhi, Limberlink, CBazaar

Posted on May 11, 2012 by StartupCentral | 0 Comments

Basix Krishi Samrudhi: Vijay Mahajan-backed Basix Krishi Samrudhi, a company that provides agri-services such as soil testing, seed treatment and pest management, has raised $2 million from Acumen Fund. The funds raised will be used to scale BASIX Krishi’s activities to 67 branches serving nearly 350,000 farmer customers over the next two years. (Source: Venture Intelligence). Limberlink Technologies: Online education services…

Ecommerce consolidation: Yebhi buys jewellery etailer Stylishyou

Posted on May 11, 2012 by StartupCentral | 1 Comments

In more consolidation in the local ecommerce segment, Nexus Venture Partners-backed Yebhi, an ecommerce startup focused on lifestyle products, has acquired fashion jewellery etailer Stylishyou in a cash-and-stock deal, according to a press statement. Details of the size of the transaction have not been disclosed. Following the acquisition, Stylishyou founder Shraddha Dadani will join the Yebhi team as head of…

Mumbai accelerator VentureNursery gets 120 entries for maiden bootcamp

Posted on May 7, 2012 by Snigdha Sengupta | 1 Comments

Ravi Kiran and Shravan Shroff-backed startup accelerator VentureNursery has received more than 120 applications from startups teams, originating from 17 cities including Mumbai, Bangalore, Delhi and even from as far as Imphal and Patna. Applications were being accepted between April 1 and April 23. The final shortlist of between five and eight applicants who will participate in a 13-week bootcamp…

Trafflers pitches to investors at JFDI-Innov8 Bootcamp Demo Day

JFDI-Innov8 S’pore Bootcamp closes with 11 startup pitches

Posted on May 7, 2012 by Susheela Menon | 0 Comments

The JFDI-Innov8 2012 Bootcamp, an initiative that saw pre-selected startups build business prototypes ove 100 days in Singapore, concluded on Friday with 11 digital startups presenting their products and ideas to over 100 investors. The investors were a mix of angels and venture capitalists from Singapore and overseas. Each startup takes home S$15,000 in seed funding, expert mentoring and potential…

ACE unveils first batch of 11 startups, awards grants worth S$50K

Posted on May 4, 2012 by Susheela Menon | 0 Comments

Singapore’s Action Community for Entrepreneurship (ACE), a public-private sector collaboration to promote startups, launched its mentoring programme yesterday. A group of 11 startups were awarded grants up to S$ 50,000 and will also receive mentoring for a year from experienced entrepreneurs during this period. ACE chairman Teo Ser Luck, who is also the minister of state for trade and industry,…

[Partner Post] Mentor Rendezvous in B’lore and Chennai

Posted on May 2, 2012 by StartupCentral | 0 Comments

Mentor Rendezvous, an initiative from CIIE (Centre for Innovation, Incubation and Entrepreneurship) at IIM Ahmedabad and MentorEdge, comes up in Bangalore and Chennai on May 12 and 19 respectively. The event enables entrepreneurs to spend between half an hour and 45 minutes, one-on-one with mentors drawn from the startup ecosystem. The Bangalore edition also involves a partnership with early stage…

Playmoolah goes live with online learning platform

Posted on May 2, 2012 by Susheela Menon | 0 Comments

Singapore-headquartered education startup Playmoolah, which pre-launched its online learning platform in the island state last June, is now live. The platform offers a fun online learning medium for children aged between six and 11 to encourage them to save, manage and earn their monthly allowances. Founded by Singaporeans Min Xuan Lee and Audrey Tan in 2010, the service comes with an…