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Archive for the ‘funding’ tag.

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 […]

Pune’s HelpShift (Infinitely Beta) gets $3.25 million funding

Pune company Helpshift (previously known as Infinitely Beta), which is focusing on helping mobile app developers do better customer service, has received $3.25 million in funding from True Ventures and Nexus Venture Partners. According to TechCrunch Last year, Abinash Tripathy and Baishampayan Ghose founded Helpshift to address what they perceived to be a significantly underserved […]

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 […]

Pune based RainingClouds (AppSurfer) get 1cr Angel Funding

Pune based software startup RainingClouds Technologies has just raised Rs. 1cr in angel funding from Vijay Shekhar Sharma, founder of One97 Communications. RainingClouds makes AppSurfer, which allows people to access any android app from any browser. The funding happened as part of the Finale of the Super Angels show of ET Now. (We’ll update this […]

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 […]