Venture Capital in India
Silicon Valley startup company Pixazza has raised cash from Google selling its Product of monetizing Photo Inventory by Advertisements. Late 2005 and early 2006 seeing the Google Stock hitting a new peak I decided to innovate a competing product for Text based Google’s AdSense. Influenced by the Software King inContinue Reading
Over the past few days I did some research to know how good Indian Startups really are. I chose the Comparison Shopping vertical since we expect a boom in e-Commerce [hopefully]. I found around 8 websites competing in this vertical and its disappointing to see none offering an innovative consumerContinue Reading
Skenzo – a leading provider of technology, in the traffic monetization business, has raised undisclosed significant funding parting a very small stake. Skenzo is Directi Business Unit / Subsidiary. Skenzo was the fastest growing domain parking company worldwide for 2006 & 2007. They also claim that they are globally numberContinue Reading
Idea cellular which had been constantly dumping stake to Private Equity and VCs, late last night completed its IPO in India. From the subscription figures obtained from Ventura Securities, their is a terrific demand for Indian Equities. The Idea IPO was of $500 Million and received bids for $25 Billion. Last April,Continue Reading
Kamla has a report on Himachal Futuristic Communications Ltd’s group company HFCL Infotel talking to, New Enterprise Associates, a valley based PE firm to buy 50% stake in the company at around Rs 350 crores [$78 Million]. All said and done about Triple Play in India, Kamla probably forgot to write aboutContinue Reading
Madhouse Media, one of the early entrants in Online Media [Movies / Games/ Books] has entered into partnership with Bangalore based Netkode Solutions which will power their Product and Technology needs. Netkode has provided solutions to leading Online Business, ISVs and Enterprises. Netkode provides the end to end technology solutionContinue Reading
Sulekha.Com an online community for Indians worldwide received $10 Million in funding from Norwest Venture Partners according to NVP. NVP’s managing partner Pramod Haque will join Sulekha’s board of directors.Sulekha is mainly into classifieds, blogs and yellow pages. Sulekha’s blogs and classifieds are mostly popular outside India. Nikhil Pahwa overContinue Reading
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