Archive for the ‘Money Matters’ category.
Building world-class technology companies – Helion VC – 24 April
Helion VC, TiE Pune, POCC, and YourStory.in have organized a panel discussion on “Building world-class technology companies” on 24th April, from 5pm-8pm at Le Meridien Pune. A panel discussion on Scaling Technology Companies will have these panelists: Sanjeev Aggarwal, Co-Founder Helion and Daksh Nitin Kulkarni, COO, Persistent Sanjay Katkar, Co-founder & CTO, Quick Heal Rajeev [...]
Fund-raising Environment in India: by Dev Khare, Lightspeed Ventures – 24 April
The Pune Open Coffee Club has organized a talk by Dev Khare of Lightspeed Venture Partners on Wednesday, 24th April where he will talk about the areas of interest for venture investors and the current fund-raising environment in India at the seed, early-stage and growth stages. He will also discuss key challenges that he sees [...]
Tech companies in Pune that have recently raised funding
Here is a list of technology companies that are fully, or mostly based in Pune, and have raised angel, seed, or venture capital in recent times. If you know of any company missing from this list, please leave a comment below so we can update the list. Companies that raised Series A or better in [...]
Pune’s Ayojak (Online Ticketing & Event Management) raises funding
Online Ticketing and Event Management startup, http://Ayojak.com has just secured funding from HBS Alumni Angels, Blume Ventures, and Srijan Capital. The majority of the investment will be used to launch new products to serve segments such as training & educational institutions, seminars, workshops, lifestyle activities, last minute tickets, adventurous trips and social activities. Also, part [...]
VCCircle Event: Meet investors from all over the country: Aug 23
(Normally, PuneTech does not promote paid events, unless under special circumstances. In this case we are making an exception because we believe that the event is likely to be interesting for tech entrepreneurs in Pune, and also because the organizers have promised a 30% discount for PuneTech readers.) VCCircle is one of the top forums/platforms [...]
Fab.com (co-founded & developed in Pune) raises $40 million
Fab.com, an online ‘deals’ website specifically targeting ‘design’ items, and co-founded by True Sparrow Systems, has just closed a $40 million round of funding led by Andreessen Horowitz. Fab.com started off as Fabulis, a social network for the gay community, but pivoted to a daily design deals site. This is the second Pune-startup by Jason [...]
Pune’s InnovizeTech receives Rs. 4.5cr funding from Seed Enterprises
Pune based startup, InnovizeTech software, which makes productivity measurement software, has just announced that it has closed a Series-A investment of Rs. 4.5 crores from Seed Enterprise. Seed Enterprise is a newly established fund focusing on software products in emerging markets. It has been started by Mitesh Bohra, Avinash Sethi, and Siddharth Sethi (previously co-founders [...]
Pune-based Druva get $12M in Series B from Nexus/Sequoia – This time its official
Pune-based Druva software, which makes enterprise backup software, has just cosed a $12 million round of funding from Nexus Venture Partners and existing investory Sequoia. In April 2010, they had raised $5 million from Sequoia and the Indian Angel Investors. This funding is going to be used by Druva to make a strong push into [...]
Pune Startup YourNextLeap.com get Series A Funding
Pune based startup, YourNextLeap.com, whom we covered last November as a company to watch, has just announced that they have received Series A funding from Nirvana Venture Advisors. YourNextLeap is a website targeting students and provides guidance on what university they can/should apply to after engineering, or after 12th std. They have online tools like [...]
News of Druva’s funding was inaccurate and premature
On Friday, based on an Economic Times report, we reported that Pune-based enterprise backup software provider Druva has received $10 million in funding from Nexus VP. Unfortunately this news appears to be inaccurate. Here is a comment from Jaspreet Singh, CEO of Druva: Thanks Navin, but this news is not very accurate. This was unethically [...]