During the week ended 28 April, 2013, there were 15 PE/VC deals worth $169mn. During the week ended 5 May, 2013, there were seven PE/VC deals worth $1.38bn compared to 15 deals worth $169mn in the previous week.
Entrepreneurs in Pune came to MCCIA Trade Tower Pune, to listen Anand Lunia of India Quotient talk about VC funding and demystify the VC termsheet.
Pickme e-Solutions India, a Mumbai-based company co-founded by Praful Wadyalkar (CEO) and Wilbert Raj (COO) received Series A funding from the three angels group. Pickme provides doorstep pick-up, technical assistance and drop of gadgets from consumer to authorized service channel for repair and ensures their safe return to consumers post repair.
The funds raised will be used to strengthen Pepperfry’s leadership position in the furniture, home and living segment. Pepperfry.com is looking to widen its merchant reach, expand fulfillment operations and invest in improving its brand presence across media. But this change of strategy comes after a lot of research and behind-the-scene number crunching.
A startup needs money for initial infra-structural costs (be it buying systems, capital goods, servers, and other set-up costs) and also needs money for running day to day business operations till the time the business does not make enough money( that’s called working capital). Startups generally can raise money from two sources; one is called its internal source and other obviously the external.
VentureNursery, an angel-backed startup accelerator has announced the third round of its acceleration program starting from May 16, 2013 in Mumbai. They are looking for eight differentiated ideas from media and entertainment, retail, e-Commerce, consumer technology, education and cleanTech, who will be mentored and groomed by the team at VentureNursery. VentureNursery’s first and second round [...] Read More
During the week ended 24 March, 2013, there were nine PE/VC deals worth $231.9mn compared to five deals worth $40.7mn in the previous week. The year 2013 has so far aggregated $830.3mn of PE investments across 85 deals compared to $2.38bn (130 deals) during the same period last year. PE Deals that happened during the week [...] Read More
YourStory’s inaugural Bootcamp was held in IIT Delhi last Saturday and it reaffirmed our belief in the Delhi NCR startup ecosystem. A rocking affair, the participants had unprecedented levels of both passion and intellect. Conducted by Soumitra Sharma from IDG Ventures India Advisors, the Bootcamp was a comprehensive one day session on all aspects of [...] Read More
The Pune Startup Pulse (take the survey) is an effort to know the Pune Ecosystem better and chart out the Pune Startup Map. As a run up to the report, we’ll be carrying articles specific to Pune. And here, we’re listing some of the companies that have evoked VC interest uptillbeyond the Series A and beyondstage, (also includes companies that went to get acquired):
Is Peltzman Effect the reason why Venture Capitalists are always behind their portfolio companies to perform? Does a sense of complacency creep in entrepreneurs due to funding? Read on to explore this topic…