VCCircle: December 2, 2014 In a sign of the growing interest of large institutions in early stage investing, Religare Global Asset Management (RGAM), the asset management division of Religare Enterprises, has acquired a 26 per cent stake in the general partnership (GP) of early-stage fund YourNest Angel Fund. With this deal, YourNest Angel Fund will
VCCircle: November 13, 2014 Gurgaon-based digital products startup Simpli5d Technologies Pvt Ltd, which owns and operates NLPCaptcha.com, has raised an undisclosed amount in its pre-Series A round of funding from YourNest Angel Fund and Udaan Angel Partners, a top company executive told Techcircle.in. “The proceeds of the funding will primarily go into building the team,
The Economic Times: November 12, 2014 Traditional cos relying on acquisitions for gaining a foothold in the market dominated by big players Riding on the success of taxi aggregation service providers Uber, Ola Cabs and Taxiforsure, traditional cab services and aggregators including Helioss Travel and Bookmycab are entering the market, flush with investments. These firms
Business Standard: September 4, 2014 After a five-week trial in Kolkata, Mumbai-based cab service provider Bookmycab.com introduced its fleet of taxis in the city today. Starting with a fleet of 50 AC and non-AC non-metered taxis, Bookmycab.com will allow people book through its website or phone or use an app on smartphone, company founder and
Economic Times: August 8, 2014 Industry stalwarts pour money into seed funds Wealthy Indians are opening their wallets wider to pour more money into seed and venture funds as they look to grab a slice of the frenetic startup activity across the country. These industry stalwarts, who come with rupee capital and an understanding of
TechCircle: July 25, 2014 Dozens of promising startups, enthusiastic investors and tech experts came under one roof to participate in the mega event of the Indian startup sector- Techcircle Startup 2014 in Delhi on Thursday. The event started off with a session on dynamics of early stage fund raising. Manigh Singhal, founder and CEO, LetsVenture;
VCCircle: July 7, 2014 In a run up to the Union Budget 2014, angel fund YourNest has prepared a wish-list for the growth of startups in the country. The broad points include increasing fund resources, introducing Fund of Fund (FoF) strategy, allowing FDI, relaxing regulations and taxation, easing forming and closing of a company and
The Hindu BusinessLine: April 17, 2014 Mycity4kids, discovery platform of choice for all kids-related services, has launched its mobile App in Delhi-NCR, Bangalore, Mumbai, Pune, Hyderabad and Chennai. The company is funded by YourNest Angel Fund. By the end of FY’2014, mycity4kids aims to be present in the top 16 markets in the country and
The Times of India: March 14, 2014 CHENNAI: Leading angel investors Indian Angel Network (IAN) on Thursday announced an undisclosed investment in Chennai-based Uniphore Software Systems, a leading player in Indian language speech recognition solutions. This round of investment was led by IAN members Nagaraja Prakasam and M V Subramanian along with Ray Stata and
Economic Times | February 28, 2014 In the past one month, Vikas Kumar, a 32-year old lawyer has been taking lessons. The Delhi-based professional has attended two classes that he hopes will prepare him to join the ranks of a new class of investors, those backing startups. “I will soon make my first investment, in
