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Venture Capital | 3 December 2012

Hyderabad Angels Invests In Whistle Talk

by Sushil Surana
 
@Hemant_Kaul

Online Employee referral site – Whistle Talk has raised $400000 (R2 Cr) from @Hyderabad_Angels1, according to Firstpost.com.

WhistleTalk is a social hiring application that enables employees and hiring managers to quickly find the best talent. Users can share job openings in their team, help friends to find their dream job and earn a referral bonus.

It uses social networking sites, such as Facebook, LinkedIn and Google Plus, to facilitate referrals for job openings.

WhistleTalk amplifies the power of referral hiring by leveraging employees' social networks. The company’s matching and virality engine ensures that right opportunities reach the best candidates fast.

Adani Enterprises To Raise Funds Through Global Bonds

Adani Enterprises is planning to raise funds by issuing $1.5 Bn global bond to fund its Australian coal, rail and port projects.

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Ace Investor Rakesh Jhunjhunwala Backs Remedinet Technologies

Ace investor Rakesh Jhunjhunwala has invested an undisclosed amount in Remedinet Technologies, software firm which provides solutions to manage pre-authorised payments. The round also saw the participation of existing investors - Bessemer Venture Partners and Nirvana Venture Advisors Private Limited.

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