SiliconIndia.com

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.

Matrix Partners spends Rs.20 Crore in city based mobile firm

Matrix Partners, a venture capital firm has invested Rs.20 crore in Ver se Innovation, a Bangalore-based provider of classified services on mobile phone.

Indian founded ViVu raises $3 Million

Indian founded ViVu, an online video conferencing platform, has raised $3 million in Series A funding.

Capillary Technologies secures $100,000 in seed funding

Capillary Technologies, which offers mobile-based customer management solutions for retail has secured $100,000 as seed money, after being the India winner of Qualcomm Ventures' international business plan competition, Qprize.

VCs ready to tap 3G space in India

With the 3G auction round the corner, VCs are ready to exploit the vast potential of VAS in India.

Engine Yard raises $19 Million in Series C funding

Engine Yard, a San Francisco-based provider of Ruby on Rails automation and management technologies, has raised $19 million in Series C funding.

Eka raises $10 Million from Nexus Venture

Eka Software Solutions, a Bangalore based commodity and risk management software provider has received $10 million from Nexus Venture Partners.

Yext raises $25 Million to accelerate growth

Yext, a local internet advertising company has raised $25 million in funding led by Institutional Venture Partners (IVP) with Sutter Hill Ventures, which had also led previous investments.