Home » Miscellaneous, News

The best way to stay in touch with PuneTech and associated activities is to subscribe and receive most recent updates in your email inbox or via RSS. And, if you are looking for special interest groups, Click here. See our About Page to find out more about what PuneTech is.

Like to chat with PuneTech's founder? Connect now!

Archive for the ‘Miscellaneous’ category.

Rdio acquires Pune’s Dhingana to Enter India Market

MediaNama is reporting that international streaming music startup Rdio has acquired Dhingana in a bid to enter the India market. This is really less of an “acquisition” and more of a “fire sale” (or an aquihire): Sources also told MediaNama that the amount being offered to Dhingana is lower than the amount of funding they […]

Quick Heal plans initial public offer in Dec-Jan – Financial Express

Financial Express reports that Pune-based computer security software products company Quick Heal is planning an IPO in Dec-Jan. This is likely to be Pune’s first software product company IPO, unless Pubmatic manages to do an IPO before that (which is still quite possible). Excerpts from the article: In 2010, the Pune-based company was valued at […]

Interview with @NexusVP, the most active tech Venture Capitalists in Pune

Venture Capital firm Nexus VP, with 8 investments in Pune, is not only the VC firm with the largest presence in Pune, but conversely, they also seem to love Pune, with more investments here than any other city, including everyone else’s darling Bangalore. Recently, Sandeep Singhal wrote this in a tweet: Pune has the most […]

GSF is looking for an EIR: Good opportunity for some Pune Techie

@thinkSantosh (Santosh Dawara) points out that the GSF (Global Superangels Forum) is looking for an Entrepreneur in Residence, and hopes people from Pune will take this opportunity to increase their network, increase their exposure, and help improve Pune’s presence in the Indian and Global startup ecosystem. More information about the EIR@GSF program is here. What […]

Pune’s Pubmatic gets $13MM funding; preparing for a $1B IPO?

Pubmatic, a software product company with solutions in the cloud and mobile advertising space, which is fully developed out of Pune, has just received $13 million in funding from Nokia Growth Partners, along with existing investors. This takes the total amount of funding raised by Pubmatic to $76 million. Excerpt: The company plans to use […]

@PersistentSys acquires @CloudSquads – Pune/California based enterprise social media startup

Pune’s Persistent Systems has just acquired CloudSquads, a Pune and San Francisco based startup that builds social apps for the enterprise market. After cloud-computing and mobile, the new hottest trend in the industry is SMAC (Social, Mobile, Analytics, and Cloud), and CloudSquads is smack in the middle of this trend. CloudSquads builds products that help […]

Pune based enterprise security firm Uniken raises investment from Nexus Venture Partners

Pune-based enterprise security software company, Uniken, has just raised a round of funding from Nexus Venture Partners, reports the Economic Times. The amount of funding has not been disclosed, but the internet is claiming that it is around $4.8 million. This is Nexus’ second major investment Uniken’s main product is the REL-ID platform which allows […]

Baby products e-commerce retailer, Pune’s FirstCry.com raises Rs. 82cr funding

Pune’s FirstCry.com, a baby-products online retail store, has just raised Rs. 82 cr from Singapore’s Temasek Holdings, and existing investors IDG Ventures, and Saif Partners, reports the Economic Times. This is FirstCry’s third round of funding. Previously FirstCry had raised $4 million in 2011, and $14 million in 2012. Excerpts: FirstCry, which has tied up […]

Pune’s LinguaNext, a localization software company, raises Series A funding from Helion

LinguaNext, a Pune-based company that provides a “langauge management platform” for software products, has raised a round of funding form Helion Venture Partners, reports VCCircle. LinguaNext creates software products that allow enterprise software to be “localized” to one or more languages without requiring any change in the source code of the software. What is Localization? […]

University of Pune prepares a Math textbook, and puts it online for free download

In a heartening display of moving forward with the times, the University of Pune has not only published a new textbook to match the recently updated syllabus for first year Maths for B.Sc. and B.A., but they have made the entire textbook available online as a free download, reports Pune Mirror. This is a great […]