SiliconIndia.com

Atul Jalan founded Manthan Systems raises $15 Million

Manthan Systems, a provider of business intelligence (BI) and analytical solutions for the retail and consumer packaged goods industries, has raised $15 million in series B funding.

IIMB Innovations to raise funds for incubating startups

To raise funds for incubating startups, Indian Institute of Management Bangalore (IIMB) has set up an independent and not-for-profit entity, IIMB Innovations.

Fate Therapeutics raises $30 Million in series B financing

Stem cell company, Fate Therapeutics has closed a $30 million in series B venture financing round.

Indian founded IMImobile raises $13 Million

Mobile and online value-added services provider IMImobile has raised $13 million in a second round of funding.

Vamshi Reddy co-founded Apalya raises $3 Million

Hyderabad-based mobile entertainment start-up Apalya Technologies or MimobiTV, has raised $3 million in a new venture funding round.

Cambrios closes $14.5 Million in series D financing round

Cambrios, a maker of conductive films used in electronic displays and monitors, has raised $14.5 million in a fourth round of venture capital funding.

CubeTree raises $8 Million in series B financing

CubeTree, a freemium enterprise collaboration suite built on a social networking platform, has raised $8 million in Series B financing.

Indian founded Vdopia raises $4 Million in first round

Vdopia, a video ad network firm, has raised $4 million in the first round of funding from Nexus Venture Partners.

Now, a robot for Rs. 15k: Courtesy Indian Engineer

An Indian engineering graduate, Pulkit Gaur, has developed a robot that can go underwater and clean water or chemical tanks.

Link_A_Media raises $18 Million in series C funding

Link_A_Media Devices, a Santa Clara, California-based provider of data recovery and transport technologies for storage devices, has raised $18 million in series C funding.

Bling Nation raises $20 Million in Series B funding

With an aim of establishing a revolutionary and comprehensive payment system for physical goods, California-based startup Bling Nation has raised $20 million in Series B funding.

Virdante Pharmaceuticals raises $47.75 Million

Cambridge, Massachusetts-based Virdante Pharmaceuticals has raised new funding to bring its Series A round to $47.75 million.

Indian founded MPOWER Mobile on its way to raise $5 Million

Mobile commerce and payments firm MPOWER Mobile, is in the process of closing a $5 million second round of funding.

Scared to join a startup?

India has become the Silicon Valley of the east and a nurturing ground for startups but these startups are often targeted with wrong assumption and myths.

Deccan Healthcare raises Rs. 15 Crore for expansion

FMCG major Deccan Healthcare has raised Rs. 15 crore through Nexus Venture Partners for enhancing Research and Development (R&D) and to fund expansion plans.

Evolva raises CHF 28 Million in first closing of Series B funding

Evolva Biotech, a Switzerland and India-based drug discovery firm, has raised CHF 28 million (about $27.8 million) in the first closing of its series B financing round.

Centice closes $6.1 Million in venture financing

Centice, a Morrisville, N.C.-based developer of a pharmaceutical authentication sensor system, has raised $6.1 million in Series C funding.

Anant Agarwal co-founded Tilera raises $10 Million

A fabless semiconductor company Tilera Corporation, has raised $10 million from Quanta Computer in venture funding.

VC firms invest $77 Million in India in Q3'09

Indian companies witnessed about 20 percent rise in venture capital (VC) funding, which moved up to $77 million (around Rs. 360 crore) in July-September (third quarter) this year. The VC funding is also poised to grow in the coming months.

Warburg and Citigroup Venture to exit Indian firms

Warburg Pincus and Citigroup Venture Capital International (CVCI) are rushing to exit as they plan to sell stakes in Indian companies such as real estate developer Emaar MGF in initial public offerings, exploiting the record stocks rally this year.