Bengaluru: Agriculture-technology is emerging as one of the hottest sectors for investors this year, primarily for the mountains of data these startups are able to harvest. Leading venture capital firms including Accel India and SAIF Partners are evaluating several agritech firms to invest in, ac…
Tag: Accel India
VC investments dip 21% in 2016; IT stays favourite segment
Venture Capital firms made 405 investments in India, worth $1.4 billion during 2016 as compared to 512 deals worth $2 billion in 2015, which is 21% lower in volume terms and 28% lower in value as compared to the all-time highs of 2015, according to a data from Venture Intelligence. With 304 inves…
Zenoti plans big facelift in US, Europe with newly-raised Rs 100 cr
Software maker Zenoti has raised Rs 100 crore ($15 million) in a round led by Norwest Venture Partners along with existing backer Accel India in the largest such deal this year for a startup offering software as a service. The Seattle and Hyderabad-based company, which provides cloud-based softwa…
Sistema, others load Rs 67 crore onto QwikCilver gift card
Gifting card solutions provider QwikCilver has raised a new round of funding, pegged at $10 million (Rs 67 crore), led by Sistema Asia Fund, the proprietary fund of Russian conglomerate Sistema. Other existing backers of the Bengaluru-based company, which include Amazon Asia-Pacific, Accel India …
Category winners like crown it and little catch fancy of startups investors
In the past 12 months, early-stage investors have closed over a dozen deals in the hyper local deal-discovery space in the search for a category winner, from Paytm-backed Little to Accel-backed Crown It and Lightspeed Ventures-backed MagicPin besides smaller outfits such as Shouut and GoYaNo. Wit…