Adding to its investments in India, Intel Capital (the VC arm of the chip giant) is putting $23 million in three startups in the country. The startups are One97 Communications, a provider of value-added services like ring tones and games for mobile phones, online B2B marketplace IndiaMart and vocational educational institute Global Talent Track, according to […]
Silicon Valley startup ViVu Inc. (with a development center in Bangalore) has raised around $1 million in its first round of funding. The round was led by Draper Fisher Jurvetson and Amidzad Partners, with participation from Quest Ventures and other angel investors, including serial entrepreneurs Bill Carrico and Amarjit Gil. Founded by startup veterans from […]
Indian movie rental service Seventymm has raised Rs 50 crore in a new round of funding from NEA-Indo US Ventures, according to the Hindu BusinessLine. A Netflix copycat, Seventymm offers DVD rentals in Bangalore, Chennai, Hyderabad, Mumbai, Delhi and Chandigarh. The latest round of funding will go toward expanding the service to more
Venture capitalist and Sun Microsystems co-founder Vinod Khosla has backed a New York City-based healthcare startup ZocDoc. Vinod’s VC outfit Khosla Ventures led ZocDoc’s Series A round, which raised $3 million. ZocDoc, which went live in September 2007, lets users make online appointments for primary care, dermatology, ophthalmological and dental care in New York City. The fledgling hopes […]
Meraki, a Silicon Valley wireless Internet startup co-founded by a desi entrepreneur Sanjit Biswas, seems to be on a tear these days but we are skeptical that this Formula car will ever reach its destination. The two-year-old Mountain View, California start-up offers networking widgetry that promises to make setting up wireless Internet access a snap. […]
Struggling with its Internet misadventures in the face of the relentless Google onslaught, a desperate Microsoft is investing $240 million in social networking web site Facebook Inc. Google, which was also keen on a deal with Facebook, has a social networking web site Orkut that’s popular in India and Brazil but has yet to catch on in the […]