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Mumbai startup EPS raises Series B round from Aavishkaar 27 Aug 2013 | 02:06 pm
Mumbai-based Electronic Payment & Services (EPS) has raised $6 million in a Series B round of funding from Aavishkaar, reports The Economic Times. The company has a mandate to set up ATMs for public s...
Gramco Infratech raises $2.3 mn Series A round 27 Aug 2013 | 10:24 am
Gramco Infratech, an Indore-based company that develops rural infrastructure for farmers, has raised Rs 15 crore ($2.29 million) in Series A funding from Samridhi Fund. The company will use the funds ...
Govt may revisit policy on FDI in ecommerce — Reports 27 Aug 2013 | 09:36 am
FDI (foreign direct investment) in ecommerce may have another shot with the Department of Industrial Policy and Promotion (DIPP) reportedly in the process of preparing a Cabinet note on ecommerce, acc...
TrekTo: Customized weekend getaways, treks on tap 26 Aug 2013 | 10:15 am
Trekking enthusiast Amol Suhas Gehmud decided to set up an online destination for information on treks after he found that the usual sources — newspapers and friends — were not enough. The site — Trek...
[Weekend Roundup] Google Ventures’ mega Uber deal; Just Dial has bigger plans 24 Aug 2013 | 09:30 am
History has shown us that some of the best startups were born or built during a slowdown. We’re in the middle of an extended economic slowdown right now and India is no longer at the center of the wor...
Career marketplace Collegefeed raises $1.8 mn from Accel Partners, Mark Stevens 23 Aug 2013 | 09:14 pm
Mountain View, California-based Collegefeed, a career marketplace that provides college students and graduates access to the network they need to kickstart their careers, has raised $1.8 million in a ...
Airwoot raises funds from Kae Capital, angels 23 Aug 2013 | 08:09 pm
Delhi-based Memetic Labs, developer of Airwoot, a social media customer support helpdesk solution for enterprises, has raised an undisclosed amount in funding from KAE Capital, Rajan Anandan, Sasha Mi...
Purplle raises angel round from Mumbai Angels, others 23 Aug 2013 | 07:09 pm
Mumbai-based Purplle, an online store for beauty and personal care products, has raised an angel round of funding from Mumbai Angels, Chennai Angels and Blume Ventures, reports The Economic Times. The...
The Label Corp raises Series A round from Kalaari Capital 23 Aug 2013 | 02:42 pm
Mumbai-based The Label Corp, a lifestyle ecommerce company, has raised an undisclosed amount in a Series A round of funding from Kalaari Capital, reports TechCircle, quoting sources. The company curre...
Social app platform Adepto had ceased operations, says Blume Ventures — Medianama 23 Aug 2013 | 01:40 pm
Social app platform Adepto has “ceased operations”, according to its investor Blume Ventures, which disclosed the status of the company in its half yearly investor report. When we contacted, Adepto CE...
