Luminus Devices closes $72 Mn Venture Capital Investment
Billerica: Luminus Devices, a developer and manufacturer of PhlatLight (Photonic Lattice) LED products for a wide variety of display and illuminati...
Wednesday, 19 March 2008, 14:00 Hrs
Adlabs to raise funds through foreign currency bonds
Mumbai: ADAG-promoted Adlabs Films Ltd has decided to raise $666,339 (Rs.27.13 million) through issuance of Zero Coupon Foreign Currency Convertibl...
Wednesday, 19 March 2008, 14:00 Hrs
Tata BP to raise $78 Mn for solar energy investments
Mumbai: Tata BP Solar, a joint venture between Tata Power and BP Solar, has signed an agreement with Calyon Bank (Credit Agricole CIB) and BNP Pari...
Wednesday, 19 March 2008, 14:00 Hrs
Five9 announces $12 Mn Financing
California: Five9, an on-demand call center solutions company, today announced the completion of $12 million in equity funding from leading investo...
Tuesday, 18 March 2008, 13:33 Hrs
Oorja Protonics, alcohol-based fuel cell company, gets $15 Mn
Fremont, California: Sanjay Malhotra founded Oorja Protonics, a California based start-up developing fuel cell systems that run on alcohols like methanol and ethanol, has just raised $15 million in its Series B funding. The company raised $5.52 million from Sequoia Capital last year. This time the investors also included DAG Ventures, Artis Capi...
Zuora raises $6.5Mn in series A round
California: K.V. Rao cofounded Zuora, California based provider of SaaS for subscription management and billing, today announced that it received a $6.5 million Series A round of funding led by Benchmark Capital. Additional investors include founders from Salesforce.com and WebEx. Zuora plans to use the funds to successfully deploy its next-gene...
IFC becomes strategic investor in Meghmani Finchem
Ahmedabad: For the first time while financing a project, World Bank affiliate International Finance (IFC) has decided to make an equity investment ...
Top microfinance companies line up PE to feed fund quest
Hyderabad: In a bid to meet the soaring demand for small loans from poor borrowers, three of India's biggest microfinance providers, all are based ...
TCS enters joint venture with Thailand company
Mumbai: Indian IT major Tata Consultancy Services (TCS) has formed a joint venture (JV) with the Bangkok-based Thai Re-Insurance Public (Thai Re) t...
