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Venture Capital | 12 April 2012

Insieve Raises Funds From Ojas Ventures, Blume Ventures

by Charmi Gutka
 
@charmi
Inseive has raised angel funding led by Ojas Ventures and @BlumeVentures_I.

Post funding, Gautam Balijepalli and Rajesh Srivathsa will join the Insieve board and Karthik Reddy of Blume Ventures will serve an observer.

Insieve, the company behind Dhiti product is a sharing network that learns what you share (within your network) and recommends content based on one’s reading behavior (as well as from the network).

Mitsui Sumitomo Acquires New York Life Stake In Max New York Life

Japan based MS&AD Insurance Group has bought out New York Life Insurance's 26% stake in Max New York Life, a JV between New York Life and Max India. The deal size is estimated to be about R2700Cr, according to ET.

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China's Hareon Solar Partners Nereus Capital For India Foray

Chinese solar panel maker Hareon Solar Technology Company is partnering US-based, India-focused private equity firm Nereus Capital for foraying into the Indian sub continent as the former seeks to set up 150 MW of solar power plants in India in the next two years.

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