Tag: venturecapital

Nexus Marks Fourth Exit in 12 Months with MagicRooms Buy

Nexus Marks Fourth Exit in 12 Months with MagicRooms Buy

This week, Nexus Venture Partners completed its fourth exit within a year with the acquisition of portfolio company MagicRooms by travel portal Yatra Online. Details on the value of the transaction were not available. Nexus had invested $1.5 million in Magic Rooms last July for an undisclosed stake. MagicRooms, founded by 53-year old Niranjan Gupta, […]

IDG Invests $3 Million in Mobile Ad Network Vserv

IDG Invests $3 Million in Mobile Ad Network Vserv

IDG Ventures India has made a $3 million Series A investment in Mumbai-based mobile ad network Vserv. The company focuses on emerging markets and has developed full-screen in-app advertising for J2ME applications out of India.  It also works with WAP publishers and is currently extending its advertising solutions into Android applications, said a press release. […]

IAN Invests $1 Million in Vayavya Labs

IAN Invests $1 Million in Vayavya Labs

Indian Angel Network has invested $1 million in Bangalore-based embedded software tool developer Vayavya Labs. The company will use the funds to expand its suite of tools for electronic systems level design and strengthen sales and marketing, said a press release. Former Yahoo India R&D head Sharad Sharma and Vivek Raghavan, who currently heads Magma […]

VC Deals Roundup: June 2011

VC Deals Roundup: June 2011

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

James Chan would love to hang out more in India

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 […]

Nexus Leads $15 Million Series B Investment in Aryaka

Nexus Leads $15 Million Series B Investment in Aryaka

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 […]

VC Deals Roundup: May 2011

VC Deals Roundup: May 2011

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 raising $1 billion Fund IV

Khosla Ventures raising $1 billion Fund IV

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 […]

A little bit of India in Google Ventures

A little bit of India in Google Ventures

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 […]

Morpheus founders on plans for Fund II

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 […]