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Venture Capital | 17 October 2012

Instamojo Raises Funds From DaveMcClure's 500 Startups

by Sushil Surana
Instamojo Raises Funds From DaveMcClure's 500 Startups
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@Hemant_Kaul

Instamojo has raised an undisclosed amount of funds from DaveMcClure’s @500_Startups, according to Medianama.

In July, Angel Investors Rajan Anandan and Sunil Kalra invested in Instamojo, for further development of the portal.

Founded by Aditya Sengupta, Akash Gehani, Harshad Sharma and Sampad Swain, Instamojo is a tech startup which provides solution that lets you give away your stuff by sharing unique links.

It allows users to buy & sell digital files like reports, code, documents, photos, templates, tutorials, music, videos, and offer physical goods for free.

Ex-Bain And TPG Backed Retailer - Lilliput Plans To Raise Fresh Funds

Ex-Bain And TPG Backed Retailer - Lilliput Plans To Raise Fresh Funds

Kidswear maker, Lilliput is planning to raise around R300 Cr for expansion, BS stated.

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Navayuga Plan To Sell Stake In Its Power Assets

Navayuga Plan To Sell Stake In Its Power Assets

Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.

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