BookMyShow, an India-based entertainment ticket agency backed by local media group Network18’s corporate venturing unit, has seen venture capital firm Accel Partners invest $18m. The money is being used to buy shares from Capital18, Network18’s corporate venturing unit that also owns stakes in travel agency Yatra and DEN Networks, according to news provider VCCircle. VCCircle… Continue reading Accel boosts BookMyShow
Month: August 2012
Northgate has clear view of Aoptix
Aoptix said it had in total raised $123m in total for its adaptive optics technologies
Gree delivers cash to Star Festival
Star Festival, a Japan-based operator of the Gochikuru food delivery and search service, has raised Y250m ($3m) from internet company Gree’s corporate venturing unit and venture capital firm Globis.
On Deck sweeps up $97m loans
US-based investment firm SF Capital Group provided the $4m C round extension and, along with Lighthouse Capital Partners, has provided $17m in venture debt to On Deck.
Hubspan meets up with Liaison exit
Founded in 2000, Hubspan said its investors include Intel Capital
Centum Learning exits to Everonn
Venture capital firm Mayfield invested R40 crore ($7m) in Centum in June 2010 and was a shareholder alongside Bharti.
Just Dial restarts IPO plans
Just Dial plans to sell 9.55 million shares in its initial public offering managed by investment banks Citigroup and Morgan Stanley.
AbsolutData analyses Fidelity’s $20m
The investment follows AbsolutData hiring in March Sundar Ramaswamy, Abishek Sawhny and Rahul Monie as head of operations, finance and technology, respectively, in its Indian office.
Mocana secures $25m round
Venture capital firm Trident Capital led the D round, and was joined by peers Shasta Ventures and Southern Cross Ventures as well as Intel Capital and Symantec.
Qualcomm chips in to Telcare
Telcare, a US-based provider of monitors that let people know their blood-sugar levels, has raised $25.5m in its series B round from a consortium including chip maker Qualcomm’s $100m Life corporate venturing fund. Venture capital firm Sequoia Capital led the B round, which followed a $4.5m A round from a consortium also including Qualcomm at… Continue reading Qualcomm chips in to Telcare
LivingSocial grants to businesses
LivingSocial, a US-based provider of discount sales coupons backed by online retailer Amazon, and bank JPMorgan Chase have provided $3m in grants to 12 businesses. Their Mission: Small Business grants of $250,000 each went to Bright Power, Ellessco, Skillastics, Carmin Industries, Lasher Sport, American Grilled Cheese Kitchen, Didrick Medical, PlanetReuse, UsedCardboardBoxes.com, EcoScraps, RonWear Portable Clothing… Continue reading LivingSocial grants to businesses
Kraft snacks on deals
In October, Kraft is breaking itself into two companies, one handling snacks and one groceries.
Lumosity glows with Discovery
Lumos Labs, a US-based brain-training games developer behind the Lumosity website, has raised $31.5m in its series D round from a consortium led by Discovery Communications, a US-listed media group, as a new investor. Venture capital firms FirstMark Capital (formed out of hedge fund Pequot Capital’s ventures unit), Harrison Metal, Menlo Ventures and Norwest Venture… Continue reading Lumosity glows with Discovery
Holtzbrinck guides Springer to Allesklar
Holtzbrinck Digital Strategy, a division of Georg von Holtzbrinck formerly known as Holtzbrinck Networks, owned 43.9% of Allesklar, with the remainder being sold by the founding Stegger family.