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Archive for the ‘startup’ tag.

Overview of Function Space (@fspace314), Pune’s “Facebook for Science”

FirstPost has an good overview of Function Space – Pune’s Science Social Network, the startup founded by Pune’s Adit Gupta, Sakshi Majumdar, and Sumit Maniyar, and that was recently funded by Nexus Venture Partners. How did Function Space get started? The venture, started in April 2013, was conceived as a sort of Facebook for science […]

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 […]

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 […]

Backup Software Provider Druva.com get $10 million funding from Nexus

Update: It appears that the report in ET, on which this article is based, was inaccurate. Please see this update. Pune-based startup Druva, which sells enterprise backup software, has just closed a second round of funding worth $10 million from Nexus Venture Partners, reports Economic Times. In April 2010, Druva had raised $5 million from […]

“World-class software products can come out of India” – Interview with CEO of Druva

We now have in our midst a startup success story that will hopefully inspire a 100 new software product startups in Pune. PuneTech and the Pune Open Coffee Club both started about 2 years ago, and the steadily increasing memberships and vitality of these communities points to a very strong startup community in Pune. However, […]

Druvaa: From proto.in presenter to proto.in sponsor in 18 months

Pune based backup software startup Druvaa has gone from being a 3-person startup that presented at proto.in 18 months back, to a 16-person company that is profitable, and sponsored proto.in this weekend. We caught up with Jaspreet Singh of Druvaa during proto and had a conversation with him about how they are doing. Note: Please […]