Venture Capital
Venture Capital
eDreams Software Raises R5Cr From Mumbai Angels
Bangalore based education startup - eDreams Software Innovation Private Limited has raised R5Cr from Mumbai Angels.
Venture Capital
Radiowalla.in Raises Series A Funding From Ojas Venture Partners
Venturenet Partners, promoters of internet radio service - Radiowalla, has raised Series A funding from Ojas Venture Partners, according to ET. Pavan Krishnamurthy and Raghu Batta from Ojas Venture Partners will join Venturenet's board.
Venture Capital
InRev Systems Raises SeriesA Funding
Bangalore based InRev Systems has raised Series A funding from a Kolkata based IT focused investor. The name of the investor was not disclosed. Post investment, Delhi based Raj Mishra will join InRev's board.
Venture Capital
Indian Angel Network Invests Cloud Based Startup - Peel-Works
Indian Angel Network has made a R3.25Cr investment in Peel-Works, a cloud enabled sales force transformation and BPO firm.
Venture Capital
Sequoia Invests R20Cr In E-Recharge Portal- Freecharge.in
Freecharge.in has raised R20Cr from Sequoia Capital in it's first round of funding. Funds will be used for expansion.
Venture Capital
Online Jewellery Store BlueStone.com Raises $5 MN VC Funding
Online jewellery store BlueStone.com, part of Jewels Online Distribution India Private Limited has raised $5Mn from Accel Partners and Meena Ganesh, CEO & MD of Pearson Education Services.
Venture Capital
IncuCapital Invests In Ghaziabad Based Loginworks Softwares
Loginworks Softwares has raised VC funding from IncuCapital for scaling up it's internal communication and document management service - TaskTrek.
Venture Capital
Cloud Telephony Startup - Knowlarity Raises Funding From Sequoia
Gurgaon based cloud telephony startup - Knowlarity has raised funding from Sequoia Capital. The financial details of the transaction were not disclosed, however according to ET, Sequoia will invest upto R35Cr in the cloud telephony firm.
Venture Capital
ETechies.in Raises $2 Mn From Inventus Capital
Gurgaon based Lemon Learn eServices Pvt Ltd which runs online PC repair and sales services - eTechies.in has raised series A funding of $2 Mn from Inventus Capital Partners.
Venture Capital
Magnetar Venture To Launch $100 Mn Clean Tech Fund
Magnetar Venture Private Limited is planning to launch $100 Mn fund focused on clean technologies by March this year.

Editorial
India A Bright Spot For Otherwise Insolvent CalPERS
I heard that Calfornia Pension is going to default and I started wondering what could be India's contribution to that.
















