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Archive for the ‘Money Matters’ category.

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 […]

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? […]

Interview with Vaultize: Pune based Enterprise File Sharing and Sync Service

PuneTech has just learnt that Pune-based Enterprise file sharing and sync (EFSS) startup Vaultize has just received funding from Tata Capital Innovations Fund. Vaultize builds cloud-based solutions for enterprise endpoint (i.e. laptop/desktop/mobile devices) sync, backup, encryption, security, and anytime/anywhere access to corporate file servers – all of this in a way that is visible to, […]

Founders of @firstcryindia @dhingana @sokrati to talk at @SAIFPartners Ignition Event

SAIF Ignition is a startup event by Venture Capital firm Saif Partners. The event is divided into two sessions: Session 1 will have some startups sharing their learnings on go-to-market strategies on sales and customer acquisition. In addition, we will have Supam Maheshwari from FirstCry, Swapnil Shinde from Dhingana and Ashish Mehta from Sokrati share […]

Pune’s @TastyKhana get’s $5 million strategic investment from @DeliveryHeroCom

Pune’s TastyKhana, an online food ordering service, has just received $5 million in strategic investment from global online food ordering and take-out service DeliveryHero. TastyKhana, which started in Pune as an online table booking service and then pivoted to food delivery, and is now mainly a food ordering service (the delivery is mostly handled by […]