The Hindu: DECEMBER 23, 2015 Arya.ai, an Artificial Intelligence (AI) start-up, has raised Pre-Series A funding of $750K from YourNest Angel Fund and VentureNursery members. Arya.ai was started by two IIT Mumbai researchers Vinay Kumar Sankarapu and Deekshith Marla. The firm uses complex Deep Learning Algorithms to develop General AI systems that can adapt and

ETBrandEquity: December 16, 2015 Bestdealfinance.com, an online marketplace for financial products, has renamed itself to Rubique. The new name aims to make the portal steer closer to the digital savvy customers, stay relevant to their core proposition. The branding exercise is executed by Idealake. Launched in October 2014, the Mumbai-based financial e-commerce portal provides an

The Washington Post | November 28, 2015 NEW DELHI — In a sprawling wholesale market of timber, glass and marble, businessman Amit Gupta supervises workers loading sheets of glass on trucks for builders across India — his family business for five decades. As plumes of sawdust float, Gupta says he wants to play a role

VCCircle | 23 November, 2015 In an effort to further boost the investment environment in the country, Reserve Bank of India (RBI) issued a notification to grant automatic approval route for foreign investment in investment vehicles including alternative investment funds (AIFs), infrastructure investment trusts (InvITs) and real estate investment trusts (REITs). “A person resident outside

Economic Times | September 22, 2015 MUMBAI: Bestdealfinance, which focuses on loans for retail customers and small and medium enterprises, has raised over Rs 20 crore from Kalaari Capital, YourNest Angel Fund, Globevestor and Dexter Capital, said a top executive. The funding, which the company said will be used to beef up its technology and

INC 42 | August 13, 2015 Betaout has raised $500,000 in a funding round from some of the top entrepreneurs and investors in US and India. The investors in current round include Amit Ranjan (cofounder, Slideshare), Abhishek Rungta (founder, Indusnet), Ankur Warikoo (CEO, Groupon India), Anupam Mittal (CEO, People Group), Ashish Kashyap (CEO, Ibibo Group),

ET Bureau | Aug 03, 2015 NEW DELHI: Northgate Capital has come in as an investor and co-sponsor in YourNest Angel Fund, making the US-based firm the third, and largest yet, institutional investor in the local early-stage venture capital fund. Northgate currently manages about $5 billion of assets globally through a two-pronged approach: it acts

The Hindu | May 11, 2015 Imagine a pilot in command of an aircraft conversing with the air-traffic controller, and in a jiffy the text of their conversation magically appears on their iPads. Or, a judge reading out a lengthy verdict, even as the transcript gets ready almost immediately. Uniphore Software Systems, a Chennai-headquartered speech

Economic Times | May 7, 2015 MUMBAI: Infosys co-founder Kris Gopalakrishnan has invested an undisclosed amount in Chennai-based speech recognition solutions company Uniphore Software Systems in a Series A round of funding. Existing investors IDG Ventures India, India Angel Network (IAN), Yournest Fund and Stata Venture Partners also participated in this round of funding. “Continuing

VCCircle | 17 March, 2015 Delhi-based Golflan Technologies Pvt Ltd, which runs a subscription-based service for golfers to book tee times through GolfLAN without club membership, has raised an undisclosed amount in seed funding from early-stage investor YourNest Angel Fund, a company executive told VCCircle. The money will be spent on technology and marketing besides