YourNest names Revvx’s Satish Mugulavalli as director of technology

Early stage venture capital firm YourNest has appointed Satish Mugulavalli as director of technology, it said in a statement. Mugulavalli – who earlier co-founded Revvx IoT Hardware Accelerator – will work closely with the fund to identify deep tech investments in areas such as IoT (Internet of Things), advanced robotics and enterprise software. “Satish will […]

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GolfLAN buys competitor GolfGreedy in cash-and-stock deal

For-GolfLan-Story-TC_3b19bfc9f3d02f34350c590cce1a6ede_feDelhi-based golf course aggregator GolfLAN has acquired its Singapore-based competitor GolfGreedy in a part-cash, part-stock deal, the company said in a statement on Monday. This is GolfLAN’s second deal in six months after it bought Dubai-based golf technology company StayPrime in July 2016 for $1 million. Following the GolfGreedy deal, the number of golf courses […]

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2017 will be all about enterprise software, IoT solutions: YourNest’s Sunil Goyal

Sunil K Goyal, founder and CEO, YourNestSunil K Goyal, founder and CEO of early-stage venture fund YourNest, is betting big on Internet of Things (IoT) and enterprise solutions with his second $45-million fund. Goyal believes the frenzied $100-million funding rounds that consumer-centric startups saw in 2015 are history, but “enterprise will be big in 2017”, clocking bigger rounds of $40-$50 million. […]

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Exclusive: Speech recognition startup Uniphore raises $2 mn led by IDG Ventures

Uniphore1Chennai-based speech recognition startup Uniphore Software Systems has raised $2 million (Rs 13.4 crore) in a bridge round led by IDG Ventures with participation of existing investors, including Indian Angel Network (IAN) and YourNest Angel Fund. “We are happy with the kind of progress the company has made and how it has migrated from an […]

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Health-tech startup AlternaCare raises $500K from Eros Labs

InfraDigital Technologies Pvt. Ltd, which operates online doctor consultation platform AlternaCare, has raised $500,000 (Rs 3.35 crore) in seed investment

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