Bangalore

Bangalore startup Lumos builds solar powered backpacks that charge mobile devices

Bangalore, India-based startup Lumos Design Technology made unbreakable waterproof bags with a built-in battery than can charge mobile gadgets with the use of solar power.

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Indian e-commerce giants Flipkart and Myntra in merger talks

India-based e-commerce giant Flipkart is in talks to merge with online fashion retailer Myntra as part of a proposal being pushed by common investors Tiger Global and Accel Partners.

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Ventureast invests $3M in Indian medical device startup OneBreath

Ventureast Tenet Fund, together with angel investors, invested $3 million for the expansion of Bangalore, India-based medical device maker OneBreath into India, Eastern Europe, and Africa.

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India's Turtle Yogi raises seed funding from Blume Ventures

Bangalore, India-based cloud-based video infrastructure operator Turtle Yogi Technologies raised between $250,000 and $350,000 in a seed funding round led by venture capital firm Blume Ventures, to build on the sales of its flagship product 1Click.io.

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Founders of Indian SMS-based offline search engine seek $500K in seed funding for Jelly rival

The co-founders of Bangalore, India-based offline search engine Innoz are seeking $500,000 in seed funding to build a rival app for Jelly which will target the US market.

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Indian education firm Hippocampus raises $600K in bridge round

Bangalore, India-based rural education services provider Hippocampus Learning Centres (HLC) raised $600,000 (INR3.5 crore) from existing institutional investors to expand its network in the next financial year.

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Board member of Indian firm Infosys exits shares worth INR7.46 crore

Srinath Batni, a member of the Board of Directors of India-based IT services provider Infosys, sold 20,000 company shares for INR7.46 crore at the Bombay Stock Exchange (BSE).

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Indian online real estate portal CommonFloor raises INR64 crore in funding

Bangalore, India-based online real estate portal CommonFloor secured INR64 crore in its fourth financing round from existing investors Accel Partners and Tiger Global, as confirmed by co-founder Sumit Jain.

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Inventus Capital closes $106M second fund to invest in US-India startups

Bangalore, India-based early-stage investment firm Inventus Capital Partners closed its second fund totaling $106 million to invest in digital services startups in India and the US.

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IDG Ventures invests in Indian mobile software developer FieldEZ

San Francisco, US-based venture capital fund IDG Ventures invested an undisclosed sum in the first funding round of Bangalore, India-based mobile sales and marketing software maker FieldEZ Technologies.

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Canaan Partners invests in Indian digital media firm SureWaves

Connecticut, USA-based venture capital firm Canaan Partners invested INR35 crore in Bangalore, India-based digital media firm SureWaves for the latter's global growth and workforce expansion.

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Indian startup Little Eye Labs confirms acquisition by Facebook

Bangalore, India-based startup Little Eye Labs confirmed that it has been bought by social media giant Facebook for an amount between the range $10 million and $15 million.

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Indian tech incubator BitChemy invests $6M in three startups -report

Hyderabad, India-based tech incubator BitChemy Ventures poured in $6 million in three startups - 3LOQ Labs, Cafyne Inc, and Altiux Innovations, according to a report.

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Info Edge infuses over $700K into Indian online photography startup Canvera

Info Edge(India) Ltd, a company that runs several consumer Internet portals, has infused more than $700,000 into Bangalore, India-based online photography startup Canvera Digital Technologies Pvt Ltd.

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Bangalores's Spire secures $8M in Series A to help customers manage talent

Bangalore-based big data startup Spire Technogies reportedly secured $8 million in a Series A funding round to help its clients manage talent to expand into Asia and the US.

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