For lots of first-time founders, raising money is the first hurdle they need to cross. This is like a rite of passage and they feel that unless they are able to raise oodles of cash, they’re not going to be able to run their startup successfully. This is partly because of all the media buzz [&hel…
Tag: investor
Pune start-up hub bucks funding slowdown trend in India: VCEdge Funding
Pune has bucked the funding slowdown and is one of the few startup hubs in India to buck the funding slowdown. In Maharashtra too, Pune has seen a 69% annual increase in startup funding deals and a jump of 35% in funding value with $52.5 million raised across 59 deals in 2016, according to VCCEdg…
Digital news media space hot; Dailyhunt expands footprint
News and ebooks mobile application Dailyhunt has picked up a minority stake for Rs 15 crore in OneIndia, the local news language portal owned by Rajesh Jain and BG Mahesh. The duo were the brains behind Prime Minister Narendra Modi’s digital strategy during the 2014 elections and the invest…
Mumbai Angels and Times Internet fund MintM
Bengaluru-based digital marketing startup MintM, has raised a pre Series-A funding of undisclosed amount led by Mumbai Angels and Times Internet, with participation from a clutch of angel investors, for its cloud based smart signage solution. The product ‘Magnet’ is a cloud-based resp…
Paytunes raises $500,000 from IAN, CIO Angels
Mobile advertisement platform, PayTunes said it has received a funding of $500,000 from Indian Angel Network. The pre-series A round also saw participation from PayTunes’ existing investor, CIO Angel Network as well as Apurva Parekh from Pidilite and Sanjay Mehta. Vishal Khare and Rajeev Ar…
Capital float receives ₹170 cr in Series B round
Capital Float, a leading online lender for small businesses, has raised about ₹170 crore ($25 million) in a Series B round led by Creation Investments. Existing investors Aspada, Sequoia India and SAIF Partners participated in this round that valued the company at over $100 million. This is Capit…