LifeCell International Pvt Ltd, has raised around Rs 35 crore from Helion Venture Partners, an India focused venture fund, to support its plans of increasing market penetration of stem cell banking in India. The funding would also enable the company to invest in the development of novel cell based therapies. Post this deal, Kanwaljit Singh,…
Tag: funding
Info Edge Invests $6.5M in online photography venture Canvera
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•Canvera.com, India’s leading online photography company, today announced that Info Edge, owner of Naukri.com, made an investment of $6.5M (Rs35CR) in the company. Info Edge has made a number of investments previously in companies such as Zomato, Meritnation, MyDala, PolicyBazaar, 99labels etc but this is their largest investment to date. “The Canvera team has…
India Innovation Fund invests in IIT Bombay research spin-off specializing in personalized analytics
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•Bengaluru, Karnataka, August 9, 2012: iKen Solutions Private Limited (www.ikensolutions.com), an IIT Bombay research spin-off has received funding from India Innovation Fund (IIF) (www.indiainnovationfund.in). Co-promoted by Dr.Rajendra M. Sonar, a professor at IIT Mumbai and serial entrepreneur Siddharth Goel, iKen Solutions has developed Mooga, a state-of-the-art hybrid artificial intelligence analytics framework for personalization at the…
LIQVID Secures $ 3M in Funding from Subsidiary of SBI Holdings, Japan
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•LIQVID, an integrated eLearning content solutions company specializing in English Language Training (ELT), has raised funding from a subsidiary of SBI Holdings, Japan. SBI Holdings is one of the largest PE/VC firms in Japan, with more that USD 3 Billion under management. Following this investment, Brijesh Pande, board member at SBI Ven Capital, Singapore is…
SunBorne Energy (backed by Khosla Ventures) raises $ 5 Million for Solar projects in India
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•SunBorne Energy (backed by General Catalyst & Khosla Ventures) has closed a funding of $ 5 Million as per a SEC filing (Source). The company is looking at raising $20 Million. SunBorne is an early stage company developing utility scale concentrated solar thermal power plants in India. The company aims at deploying proprietary technology innovations…