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AdNear raises $19M Series B funding from Telstra Ventures, Global Brain & Others

AdNear, which provides location intelligence data to brands and advertisers, has raised $19 million in Series B funding from Telstra Ventures and Global Brain, with participation from existing investors Sequoia Capital and Canaan Partners. The Singapore-headquartered company didn’t provide much insight into how the funds will be used, though AdNear CEO Anil Mathews did hint…


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Genesys Net Profits Down 76% YoY to Rs 1.74 crore in Q1-FY15

Genesys International Corporation, the parent company of street-view portal WoNoBo, reported operating revenues of Rs 15.95 crore for the quarter ended June 30, 2014 (Q1-FY15). It is down 47% from the Rs 30.17 crore reported in the corresponding quarter last year. However, it is 177.6% higher than the Rs 5.74 crore operating revenues reported in…