Voltage Security closes $12 Mn in Expansion Round Financing

Rishi Kacker co-founded Voltage Security closed its serious D funding of $12 million led by Trident Capital. Also participating were Hummer Winblad...

Friday, 04 January 2008, 08:00 Hrs

VC funds log out of IT firms

Mumbai: Venture capital funds (VCFs), which have invested nearly $419 million in Indian information technology (IT) and business process outsourcin...

Friday, 04 January 2008, 12:14 Hrs

Yume closes $9 Mn funding

Co-founded by Jayant Kadambi and Ayyappan Sankaran in 2004, Yume Networks closed its second round of funding of $9 million. The current round, the ...

Friday, 04 January 2008, 12:25 Hrs

Ybrant Tech to raise $ 30 Mn via IPO

Mumbai: Ybrant Technologies, a digital marketing company is all set to hit the capital market in the next two months to raise up to $30 million (Rs...

Friday, 04 January 2008, 08:00 Hrs

Fund raising plans of IT start-ups turn awry on rising rupee

Bangalore: The rising rupee is forcing dollar-funded Indian IT start-ups to redraw their fund-raising plans. The venture capital community has turned apprehensive that the returns on its investments may come down. The currency appreciation has increased the capital required for starting a business in India. The rising cost (in rupees) of emp...

Goldman values Tejas at Rs. 2,400 Cr

Purfresh secures $25 Mn Series C funding round