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Friday, November 24, 2006

TravelGuru raises $15 Million VC Funding

Travelguru was in news earlier this week for launching m-commerce [m-ticketing] in association with Bharti Airtel Ltd. The Economic Times has reported that it has raised $15 Million in funding from Battery Ventures and Sequoia Capital. Travelguru said that it is planning an offline retail presence and may actually buy-out a travel company operating in that space.

Travelguru has already raised $10 Million funding in first round from Sequoia Capital.

Tags: Venture Capital, Sequoia Capital, VC India, Travel India

Published on Friday, November 24, 2006 at 5:25 PM 0 comments

Tuesday, November 14, 2006

Four bangalore based Startups get angel funded

Four valley based startups, Picsquare, Redbus, Sales Guru and Experience Commerce have been angel funded by The Indus Entrepreneurs.

We had earlier covered Redbus which is involved in online ticketing for buses. Picsquare is in the photo business. You can upload, share, print and order photos. Sales-Guru has created an on demand training platform. All the companeis have received seed funding of $25,000.

[VIA CIOL]

Published on Tuesday, November 14, 2006 at 3:57 PM 0 comments

Monday, November 13, 2006

Mobile2Win secures funding from Norwest and Nexus

Mobile2Win has secured funding of $15 Million from Norwest Venture Partners and Nexus Capital. [ET]

Mobile2Win is leading solutions provider for wireless marketing. It has presence in two of the fastets growing mobile markets in the world - India and China. In our earlier coverage, Mobile2Win is providing solutions to Bharat Matrimony. It has also developed technology for delivering location based ads.

Published on Monday, November 13, 2006 at 11:56 AM 0 comments

Friday, November 10, 2006

Guruji to insource data from Infomedia India Ltd

Guruji.Com the Indian search engine has tied-up with Infomedia India Ltd to insource Yellow Pages data and enable local city search. Infomedia India has one of the largest datbases of 500,000 business establishments across various cities. Now this confuses me with the goal of Guruji ? I thought they were here to take Google head on ?

Infomedia is also Google's one of the two authorized adwords reseller in India.

Published on Friday, November 10, 2006 at 12:23 AM 0 comments