Ideaspring makes its second bet on enterprise networking startup Lavelle Networks

Naganand_Doraswamy_feBangalore-based early stage venture fund Ideaspring Capital has invested $600,000 (Rs 4 crore) in enterprise networking startup Lavelle Networks Pvt Ltd, according to a report by a financial daily. The firm will use the funds to expand its operations and for marketing, Shyamal Kumar, co-founder told The Economic Times. On Thursday, Lavelle Networks was one […]

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Ideaspring makes maiden investment in packaging software startup Karomi

For-GolfLan-Story-TC_ThinkstockPhotos-4938842652Marking its first investment, early-stage venture fund Ideaspring Capital has put in a little over $500,000 (Rs 3.5 crore) in Chennai-based Karomi Technology Pvt. Ltd, which runs Karomi, a tech startup in the packaging artwork management space. The investment will power Karomi’s international expansion plans, said Naganand Doraswamy, MD of Ideaspring Capital, in a press […]

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Ideaspring to seed-fund tech product startups with up to $450K

Naganand Doraswamy,Newly launched early-stage venture fund Ideaspring Capital, with a targeted corpus of Rs 125 crore (around $18.8 million), is set to achieve its first closure by next month. Naganand Doraswamy, managing director and CEO of Ideaspring, said that the Bangalore-based fund is expected to hit its first closure of Rs 90 crore by next month. “We […]

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