Investments in earlystage companies and startups rose nearly 40% to 121 deals with the transaction value jumping 66% to $605 million (Rs 3,630 crore).
The Delhi-based startup earlier raised $200,000, or Rs 1 crore, from Sequoia as a seed round in September 2011.
The startup is initially focusing on the Bangalore market, tying up with hospitals, such as Apollo, Fortis, Manipal, Nova Specialty and Sparsh, to help set up doctors appointments.
Silicon Valley incubator Y Combinator to invest in Delhi-based ClearSharp Tech that has 3 lakh users
Y Combinator has earlier backed other Indian startups but they have been focused on developing products for the US or global markets.
Somerset Capital's first fund, which raised $27 million (Rs 160 crore) is backed by US buyout firm Avista Capital and Health Evolution Partners.
The product, can be used for video surveillance, automated number plate recognition, red-light violation detection and facial recognition.
They are also beefing up senior executive teams and also considering offers for pre-IPO rounds of funding from risk capital investors.
Many of the proposals by Sebi to oversee crowdfunding are leading to unrest in the startup community.
Infuse Ventures, Intellecap Impact Investment Network invest Rs 3 crore in solar startup Surya Power
Intellecap Impact Investment Network (I3N) and Infuse Ventures have invested $500,000, or Rs 3 crore, in solar-agriculture startup Surya Power Magic.
nline ticketing service BookMyShow has raised a new round of funding that marks an over three-fold increase in its value and catapults the Mumbai-based company into the league of India's most valuable consumer Internet firms.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon