IDG Ventures and Axilor Ventures partner to fund frontier tech startups

L to R: Kris Gopalakrishnan, Chairman, Axilor Ventures and Sudhir Sethi, Chairman, IDG Ventures IndiaIndia-focused technology venture capital fund IDG Ventures India and Bangalore-based startup accelerator Axilor Ventures have come together to launch a programme to discover and fund early-stage startups in frontier tech sectors, the company said in a statement. Christened the Frontier Tech Innovators Programme, it will fund startups looking to raise seed or pre-Series A round […]

Read more

Infosys founders-led Axilor Ventures doubles intake for accelerator programme

L to R: Infosys co-founders Kris Gopalakrishnan and SD ShibulalInfosys co-founders Kris Gopalakrishnan and SD Shibulal-led Axilor Ventures on Thursday announced that it would double the intake for its 100-day accelerator programme, for which it is currently accepting applications. The programme, which is open to early-stage startups focussed on artificial intelligence, enterprise, fin-tech, consumer internet and health-tech, will now be admitting 20 startups, said […]

Read more

Events marketplace Events High gets funding from Axilor Ventures

Invest_For-Jungle-Ventures-Story_ThinkstockPhotos-180442738Bengaluru-based Nuta Technologies Pvt Ltd, which runs events marketplace Events High, has raised an undisclosed amount of funding from Axilor Ventures, it said in a statement. The startup will use the funding to expand its organiser base and enhance user experience on its platform. “We have 3,000 verified listings per city per month with 30% […]

Read more

Pocket Aces raises $3 mn led by Sequoia Capital

Seed_funding_junaidMumbai-based Pocket Aces Pictures Pvt Ltd, which runs digital entertainment startup Pocket Aces, has raised $3 million (Rs 20 crore) in a round of funding led by venture capital firm Sequoia Capital India, the company announced on Thursday. Other investors included North Base Media, TV Mohandas Pai-led Aarin Capital, 3one4 Capital, Axilor Ventures, and FreeCharge […]

Read more

Telemedicine firm Neurosynaptic raises Series A funding

ThinkstockPhotos-484559980_feBengaluru-based health-tech firm Neurosynaptic Communications Pvt. Ltd has raised an undisclosed amount in its Series A round of funding from healthcare-focused investment firm Healthquad, Indian Angel Network, and Infosys co-founders backed Axilor Ventures. Last month, VCCircle had first reported the fund raising development in the company. “Telemedicine as a concept and solution is gaining traction […]

Read more

Exclusive: Existing investors, HNIs back food-tech startup Petoo

Petoo_01_feBangalore-based food-tech startup Petoo, owned and operated by Kinematic Foodtech Pvt. Ltd, has raised $500,000 from its existing investors and high-net-worth individuals (HNIs) through online deal-making platform LetsVenture. The startup will use the capital to fund its ongoing food research initiatives and to roll out its new products across the country, Kumar Setu, co-founder of […]

Read more

Axilor to bring on board more startups for its accelerator programme

Axilor-Ventures3Infosys co-founders Kris Gopalakrishnan and SD Shibulal-led Axilor Ventures has invited applications for the fourth batch of its 100-day accelerator programme. Axilor Ventures, founded by Shibulal, Gopalakrishnan and former Infosys board member Srinath Batni, former Infosys head of strategy Ganapathy Venugopal and Harvard Business School professor Tarun Khanna in October 2014, has mentored 20 companies […]

Read more

Can equity crowdfunding work in India?

crowdfundingEntrepreneurs in the US now have access to a new class of investors, the unaccredited investors. In other words, any individual who has the cash can now become a startup investor in the US. Prior to this, only individuals whose net worth along with their spouse exceeded $1 million were allowed to invest in startups […]

Read more

Emergency response app MUrgency gets funding from Ratan Tata

MUrgency-Team-with-Ratan-N-TataMUrgency Inc., which runs an emergency response mobile app, has raised an undisclosed amount of funding from Ratan Tata, chairman emeritus of Tata Sons. The company will use the funds to augment technology and scale operations. “He (Tata) clearly wanted us to launch and grow the network in India first before taking it overseas,” said […]

Read more

Starting up, the Infosys way

MVH_1428The principles of founders, their execution capability, financial discipline and deep understanding among founders are some of the key elements in building great enterprises, according to Infosys co-founder Kris Gopalakrishnan. “To me running a business is all about leadership, the founders, what kind of leadership that you have, qualities that you have, what principles you […]

Read more