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Venture Capital | 5 September 2011

TIFAC Launches Revolving Technology Fund For MSMEs

by Irfan Khan
 
@irfan
Technology Information, Forecasting and Assessment Council(TIFAC) has set up a Rs30Cr 'Revolving Technology Innovation Fund' with SIDBI for funding MSMEs for development, up-scaling, demonstration and commercialization of innovative technology based projects. SIDBI will manage the fund on behalf of TIFAC.

The fund will provide capital asistance upto 80% of the total project cost, which should not be more than Rs1 Cr.

Funding Guidelines(Here)
Brochure(Here)

Holiday Comparison Site-Polama.com Raises Angel Funding From Blume, Rehan Yar Khan

Bangalore based holiday comparison site - Polama.com has raised Angel Funding from Blume Ventures and Rehan Yar Khan.

Read More...

Nexus Venture Buys Stake In Startup Function Space

Pune based education startup Function Space has raised an undisclosed amount of funding in seed round from Nexus India Capital to strengthen its existing content and also increase its current userbase.

Read More...
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