Venture capitalists invested over $80 million across 16 deals during the month of June. This takes the total investment during the first six months of calendar year 2011 to over $300 million. A total of 61 deals were announced during the period. Investments Image Courtesy: Pixomar/ FreeDigitalPhotos.net
Neoteny Labs is a Singapore-based venture capital investor focused on consumer Internet startups in Asia and the Middle East. It has invested in 14 startups so far, including ad buying platform ADZ, mobile ad network Chalkboard and social games developer Game Ventures. Portfolio company ADZ was recently in the news when Facebook co-founder Eduardo Saverin [...]
Milpitas, California-based Aryaka, provider of cloud-based WAN optimization and application acceleration solutions, has raised $15 million in Series B funding in a round led by Nexus Ventures Partners. Other investors in the round include Trinity Ventures and Mohr Davidow Ventures. The company had raised a $14 million Series A round from the same set of [...]
Venture capital investors announced investment deals worth over $50 million during the month of May. The total number of deals reported was 13. Series A deals dominated investment activity, signaling a renewed interest in early stage deals. Investors also diversified their sector focus, investing across the spectrum from mobile applications and consumer Internet to robotics, [...]
Khosla Ventures is raising a $1 billion fund, Khosla Ventures IV, reports Techcrunch. Plans for the new fund were revealed in a SEC filing yesterday. This will take the total funds raised by Khosla Ventures so far to $2.3 billion. The Menlo Park, California-based venture capital firm was founded in 2004 by Sun Microsystems co-founder [...]
Google Ventures, search giant Google’s corporate venture capital investment arm, is yet to make a direct investment in India, but it already has a little bit of India in its portfolio. It has investments in six companies that have Indian-American founders at their helm. A quick look at a bit of India in the Google [...]
The Morpheus has raised its second fund, The Morpheus Tritiya, with a $777,245 (Rs 3.5 crore) corpus. The new fund’s corpus could go up to $1.1 million (Rs 5 crore), said a press release. Morpheus runs a four-month startup accelerator programme which has worked with 31 startups so far. Sameer Guglani and Nandini Hirianniah, founders [...]
Pilani Soft Labs, makers of online bus ticketing solution redBus, said in a press statement that it has raised $6.5 million in Series C funding. The deal was led by existing investor Helion Venture Partners. Seedfund and Inventus Capital Partners, also existing investors, participated in the round. Startupcentral was first to report the Series C [...]
![[Scoop] redBus to raise $6 mn Series C from existing investors](http://i1.wp.com/startupcentral.in/wp-content/uploads/2011/05/logo-redbus.gif?resize=315%2C157 "[Scoop] redBus to raise $6 mn Series C from existing investors"){kind=logo}
Bangalore-based Pilani Soft Labs, makers of online bus ticketing service redBus has raised $6 million in Series C funding from existing investors Helion Venture Partners, Inventus Capital and Seedfund. This takes the total venture capital raised by the company to $9.5 million. Seedfund, which seed funded the company in 2008, remains the largest shareholder, said [...]
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 [...]
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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