Anand J - Author at VCCircle
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Anand J

Walmart inching closer to Flipkart deal; Accel eyes bumper returns

TMT

04 May, 2018

Walmart inching closer to Flipkart deal; Accel eyes bumper returns

Flipkart, India's largest e-commerce company, has decided to sell a majority stake to US retail giant Walmart and a deal ......

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Around 25% money in third VC fund came from new LPs: Prime Venture's Swamy

Finance

02 May, 2018

Around 25% money in third VC fund came from new LPs: Prime Venture's Swamy

Early-stage investor Prime Venture Partners recently closed its third fund at Rs 400 crore ($60 million). The Bengaluru-based firm mainly ......

Mumbai investment firm backs online events platform TheCollegeFever

TMT

01 May, 2018

Mumbai investment firm backs online events platform TheCollegeFever

Bengaluru-based online college event ticket booking startup TheCollegeFever (TCF) has completed raising $250,000 (around Rs 1.7 crore) in seed funding ......

Bay Capital leads $7.5 mn round for online stock broker Samco

TMT

30 April, 2018

Bay Capital leads $7.5 mn round for online stock broker Samco

Mumbai-based online broker Samco Securities has raised $7.5 million (Rs 49 crore) in a Series B round led by Bay ......

Amazon's India investment continues to bleed its international business

TMT

27 April, 2018

Amazon's India investment continues to bleed its international business

E-commerce giant Amazon Inc.’s massive investment in India continues to drag its margins, with the loss of its international business ......

Lending platform Capital Float raises $22 mn from Amazon

TMT

24 April, 2018

Lending platform Capital Float raises $22 mn from Amazon

Bengaluru-based digital lender Capital Float has raised $22 million (Rs 144 crore) in equity funding from e-commerce major Amazon India, ......

Ebix to buy into e-learning firm Smartclass in ninth India acquisition

TMT

20 April, 2018

Ebix to buy into e-learning firm Smartclass in ninth India acquisition

NASDAQ-listed software firm Ebix Inc. will acquire 60% stake for $8 million (Rs 52 crore) in Indian e-learning company Smartclass, ......

IFC, others complete Series C round in online insurance broker Coverfox

TMT

19 April, 2018

IFC, others complete Series C round in online insurance broker Coverfox

Online insurance platform Coverfox has completed its $22-million (Rs 144 crore) Series C funding round, which was led by International ......

Nexus Venture Partners backs e-logistics startup Pando

TMT

16 April, 2018

Nexus Venture Partners backs e-logistics startup Pando

Bengaluru-based logistics portal Pando Corp Pvt. Ltd has raised $2 million (Rs 13.08 crore) in a seed round led by ......

Govt eases norms but stops short of abolishing angel tax on Indian startups

TMT

12 April, 2018

Govt eases norms but stops short of abolishing angel tax on Indian startups

The Department of Industrial Policy and Promotion (DIPP) has notified an amendment to the angel tax rule that will bring ......