Indian Angel Network invests in Lowdownapp


Indian Angel Network (IAN) has invested an undisclosed amount in Lowdownapp Ltd, a London based company. IAN has recently started its operations in UK.Lowdown has built a unique application which provides important information in advance. It puts together the calendar inbuilt in the mobile device with a custom-built narrow artificial intelligence engine, presenting … [Read more...]

Mindhelix meets funding goal through Kickstarter

Mindhelix Rico

Indian security device startup Mindhelix has raised more than $1,00,000 from more than 750 backers on crowd funding platform Kickstarter.Mindhelix has developed a security device, Rico which turns a spare smartphone into a fully loaded smarthome security device. The smartphone can be used as a sensor to detect changes such as temperature, humidity, noise level, presence of … [Read more...]

Phanindra Sama and Manish Dalal to join GSF Board

GSF Accelerator

Indian startup accelerator GSF inducted redBus co-founder Phanindra Sama and angel investor Manish Dalal to its board. GSF aims to deepen the mentoring and support it provides to nurture companies.Sama and Dalal will help GSF by picking the right startups and advise some of its portfolio companies. The GSF programs are focused on companies catering to the India market and … [Read more...]

PriceBurp raises funding from Bright Ventures


PriceBurp, an online coupons and deals portal has raised under $100K from Netherlands based Bright Ventures, an early stage investment is owned by Mumbai-based PriceBurp Media Pvt. Ltd. The company was founded by Nirav Dave in 2011. Currently, PriceBurp has more than 850 stores partners and is has target to grow its store partners to 2500+. The site h … [Read more...]

Timesaverz secures seed funding


Timesaverz provides curated service providers to users doorstep for various home services like cleaning, repairs, handyman jobs, and running errands.It has secured seed funding from a group of angel investors led by Neville Taraporewalla and Rajesh Sawhney, Founder of GSF Accelerator. The other investors include Ashish Jalani, Dinesh Agarwal, and Nish Bhutani.Timesaverz was … [Read more...]

OnlinePrasad raises funds led by Hyderabad Angels


OnlinePrasad is a one stop spiritual destination which has a network of 50 temples across the country. In the current times devotees are increasingly using the web and mobile platform to connect to their faith. The company is offering a variety of services like Prasad, Pooja, Rudraksha, Yantra, and other spiritual has raised undisclosed amount in … [Read more...]

Sapience Analytics raises Rs 45 crore from Orios Venture Partners

Sapience Analytics

Sapience Analytics, a product technology company has raised Rs 45 crore in its series B funding from Orios Venture Partners. The company has previously received funding from Indian Angel Network and Seed Enterprises.The funds will be used to drive its sales and marketing efforts primarily in the US, where it has set up a separate subsidiary.Sapience Analytics has … [Read more...]

IMImobile acquires TextLocal


Mobile communications company TextLocal has been acquired for 11 million euro (Rs 86 crore or $ 13.9 million) in a mix of cash and equity by IMImobile.TextLocal services include inbound and outbound SMS and MMS communications. It was founded in 2005 by Alastair Shortland, reported revenue of 7 million euro and profit after tax of one million euro for the year ending … [Read more...]

Zippr gets Rs. 6 crore funding


Zippr, a Hyderabad based start-up that gives a unique address on Google maps, gets funds of Rs 6 crore from Indian Angel Network and few individual investors.Zippr founded in 2013 by Aditya Vuchi, is a central location management service which enables users to create and share short codes with friends or vendors to avoid low value conversations around finding an address and … [Read more...]

AdNear raises $19 million in Series B funding


Sydney’s telecom company Telstra and Tokyo-headquartered Global Brain has funded AdNear $19 million (Rs 116 crore) for global expansion. Both its existing investors, Sequoia Capital and Canaan Partners, also participated in the funding.AdNear, a location-based mobile advertising platform has the technology that can track user's location without the need of GPS or operators. … [Read more...]