Funds seems to be pouring in to Indian companies and this time SAP who is the market leader in enterprise application software which has it investment arm called SAP Ventured has invested USD $10 million in a Delhi based mobile internet services firm One97 Communications. SAP ventures is the only investor in this third round of funding. Founded in year 2000, One97 is a delhi based mobile internet services company offering its services for consumers in India and delivers mobile content, advertising and commerce services to mobile consumers. One97 is ...

Intel Capital is set to invest US$ 20 million in six Indian companies, fund will come from Intel's USD $250 million India Technology funde stablished in December 2005 which invests in tech companies to stimulate local innovation. In its press release Intel mention that - "Intel sees tremendous growth for India technology industry", on the contrary to this earlier past week Intel Capital Managing Director said that valuations of local tech start-ups have reached a 'bubble level' due to too much capital chasing too few quality opportunities, similar to that if ...

Recently concluded Silicon India Startup Awards 2010 saw around 100 new technology startups taking part in order to own the crown of the best startup in India. The event was held at Bangalore, which got started by small speech by Ajit Balakrishnan (Founder of Rediff.com), and Sunil Rao (Head of Nokia India forum). The participating 100 tech startups made a good use of this platform and demonstrated their products along with business plan and other related documents. The basic aim of the event was to honour startups under the category:- internet, ...

If you ever think that why Google, Yahoo, Microsoft or even Twitter is not from India despite the fact that most of these big brands are backed by mind,mentors or tech-forces of India only than the answers is - '?'...yes its the big question mark on all of us living in India as workforce, employees,Techpreneurs or even the CEO of any company that why the best minds in India always chose to go away and create the master piece out of India rather than in India (being Indian). Some ...

The Entrepreneurship Cell, IIT Bombay organizing an event called Vulture's Nest part of Entrepreneurship Summit 2010 which is first event of its kind in the history of Indian entrepreneurship. Its uniqueness comes from its express funding concept and it's format as a reality show to be aired on ET Now channel starting January 2010. In the event plus realty show those who are on verge of building any potential start-ups and having one or more business plans with themselves than after selection phase they will have to pitch their ideas to ...

IMImobile, an end-to-end provider of converged mobile and online value-added services for mobile operators, media companies and enterprises today announced that it has raised USD 13 million in a financing round led by Sequoia Capital and existing investor First Mark Capital. The funding will enable IMImobile to embark on its next phase of growth building on the impressive gains the company has made over the last few years. Spark Ventures plc, a founding partners of IMImobile is the largest institutional shareholder and had provided the seed capital. MAPE Advisory Group acted ...

ChakPak.com an Indian online entertainment community about movie based content and media has raises funds via US based early stage venture capital partner Canaan, moreover Accel India has also invested in ChakPak fundings second time. Canaan is an early-stage US venture capital firm with a focus towards Indian early start-ups. The company has also invested in Bharatmatrimony.com and TechTribe.com. Accel Partners, a leading venture capital firm operating in Silicon Valley, Europe, Israel and China has formed Accel India Venture Fund in July this year with a strategy to strongly focus on early-stage ...