JustBooks secures funding from CoCreate Ventures

For-Dalmia-Cement-Story_ThinkstockPhotos-532169709Investment firm CoCreate Ventures has set up a Rs 15 crore ($2.2 million) fund to help startups pivot or turn around. The firm, co-founded by TeliBrahma founder Suresh Narasimha and Ojas Ventures founder and partner Pavan Krishnamurthy, raised the capital from a clutch of high net-worth individuals (HNIs), the company said in a statement. CoCreate […]

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JustBooks secures funding from CoCreate Ventures

For-Dalmia-Cement-Story_ThinkstockPhotos-532169709Investment firm CoCreate Ventures has set up a Rs 15 crore ($2.2 million) fund to help startups pivot or turn around. The firm, co-founded by TeliBrahma founder Suresh Narasimha and Ojas Ventures founder and partner Pavan Krishnamurthy, raised the capital from a clutch of high net-worth individuals (HNIs), the company said in a statement. CoCreate […]

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Nagraj Kashyap-led Microsoft Ventures launches new fund for AI startups

US-based Microsoft Ventures, the venture capital arm of software giant Microsoft, announced on Monday that it has formed a new fund for investments in startups focused on artificial intelligence. Nagraj Kashyap, who heads Microsoft Ventures, confirmed the development in a blog post. The corpus of the new fund was not announced, but the company has […]

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Microsoft Accelerator names Bala Girisaballa as CEO, elevates Ravi Narayan as global director

Bala-Girisaballa-&-Ravi-Narayan_feMicrosoft has appointed former Zinnov executive Bala Girisaballa as chief executive officer-in-residence to lead Microsoft Accelerator in India while Ravi Narayan, it’s former head, has been elevated to the role of Global Director. “Bala will lead the Accelerator’s efforts to help market-ready startups and entrepreneurs to scale up and become successful businesses through the technology […]

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Helpshift raises $23 mn from Microsoft Ventures, Salesforce Ventures, others

L to R: Abinash Tripathy & Baishampayan Ghose, Co-founders, HelpshiftPune- and San Francisco-based mobile customer relationship management (CRM) company Helpshift Inc. has raised $23 million (around Rs 153.6 crore) in a Series B funding round led by Microsoft Ventures and Salesforce Ventures. Existing investors Intel Capital, Nexus Venture Partners, True Ventures and Visionnaire Ventures also participated in the round. With the latest round, Helpshift […]

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Startup funding: Valuation alone should not define a unicorn

Ravi-Narayan2In terms of investments, Food-tech and travel-tech firms seem to be gradually moving away from the radar. Deeply-focused tech companies that are not necessary consumer facing, could be the next hot segment. Several entrepreneurs are looking at building machine-learning and IoT-based companies and industry experts are welcoming this trend. Predictions for 2016 India’s startup ecosystem is still very […]

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Microsoft Ventures unveils new accelerators for late-stage startups

Microsoft Ventures India, which runs an India-focused early-stage startup accelerator programme, has launched two new accelerator programmes to help later stage startups. Called Accelerator Plus and Scale Up, the incubator has already shortlisted close to a dozen startups for the two programmes. The current batch has five startups under Accelerator Plus (AdPushup, Frilp, iReff, DailyRounds […]

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