Investment

KPCB & Sherpalo Sell Significant Stake In Info Edge

By Nikhil Pahwa on March 16th, 2010 |

Venture Capital firms Sherpalo Ventures and Kleiner Perkins Caufield & Byers have sold most of their stake in BSE listed Info Edge India, though we’re not sure if KPCB (through its ... Continue_Reading

Web18 Sells Back 50% Stake In JobStreet India; $0.126M Cash

By Nikhil Pahwa on March 15th, 2010 |

3 Comments

A little less than four years after it had first acquired the stake, TV18’s digital business Web18 has sold back its 50% stake in JobStreet India for a total cash ... Continue_Reading

eYantra Raises $7.8 M In Series B From Argonaut

By Diwaskar Chettri on March 12th, 2010 |

2 Comments

Update: Phani Narayanam, Founder, EYantra informs us that the company had bought back stake from Times Private Treaties last year. Earlier (March 12, 2009): Hyderbad based merchandising and corporate gifting solution company ... Continue_Reading

Net 4 India To Raise Rs. 200M: Report

By Preethi J on March 8th, 2010 |

Post a Comment

BSE-listed web domain service provider Net 4 India will be attempting to raise funds by diluting its equity by 10 to 15%, in order to fund the expansion of its ... Continue_Reading

Spice Mobile Raising Rs. 7 Billion; JV With Blueberry

By Preethi J on March 5th, 2010 |

3 Comments

A month after announcing the merging of NSE listed Spice Mobiles, the handset manufacturing division, with Spice Televentures, the company has revealed its plans to raise capital. It will ... Continue_Reading

DQ Entertainment IPO Opens On March 8; Challenges

By Diwaskar Chettri on March 5th, 2010 |

3 Comments

Hyderabad based animation firm DQ Entertainment will be going public on March 8 with 16,048,011 equity shares of Rs. 10 each. Subscriptions will close on March 10, 2010. The ... Continue_Reading

July Systems Raises $7 M To Fund Mobile Publishing; Advertising Future?

By Nikhil Pahwa on March 5th, 2010 |

2 Comments

Bangalore based July Systems has raised $7 million in Series C funding led by Intel Capital, alongwith Sequoia Capital and Footprint Ventures. The details of the investment were not disclosed, ... Continue_Reading

EdServ Takes Over SmartLearn Web TV For Rs 46M

By Preethi J on March 3rd, 2010 |

Post a Comment

After buying out Hyderabad-based education ERP provider Bridle Information and Technology Solutions (for its product SchoolMATE) last month and 2tion.com previously, BSE and NSE listed e-learning company EdServ SoftSystems is ... Continue_Reading

Updated: Reliance Mediaworks’ Hostile Bid For Fame

By Preethi J on March 3rd, 2010 |

3 Comments

Updated: Reliance Capital Partners, Reliance MediaWorks Ltd and Reliance Capital purchased 11,830 equity shares, 0.03% of the equity share capital of Fame India at an average price of Rs 82.10 ... Continue_Reading

Meltwater Acquires Social Media Monitoring Co BuzzGain For $4 Million

By Diwaskar Chettri on March 3rd, 2010 |

Post a Comment

Norwegian software company Meltwater Group has has acquired social media monitoring company BuzzGain Inc. PC reports that the deal is worth $4 million including earn outs. BuzzGain is a California ... Continue_Reading

Affle Raises Strategic Investment From Japan’s Itochu Corp; Deployments

By Nikhil Pahwa on March 2nd, 2010 |

5 Comments

Update: Responding to our query, Anuj Kumar, ED (South Asia) at Affle, informs us that all investors, including the Times of India group, continue to stay invested in the company. ... Continue_Reading

DQ Entertainment Pre-IPO Placement Raises Rs.256.9M

By Preethi J on February 24th, 2010 |

Post a Comment

Hyderabad based animation firm DQ Entertainment India is on its way to being listed on the BSE: it has has ended a pre-placement IPO round and raised Rs. 256.9 million by ... Continue_Reading