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seed investment

ChalDal

500 Startups invests in online grocery site ChalDal, its first investment in Bangladesh

Dhaka-based online grocery site ChalDal secured an undisclosed seed investment round from 500 Startups. This is the first investment in Bangladesh of the California-based accelerator, TechCrunch reported.

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PingTune

PingTune's music-focused messaging app raises USD1.6 million

New music-focused messaging app for the iPhone PingTune was able to raise GBP1 million or USD1.6 million from seed investors Rupert Hambro of JO Hambro and serial entrepreneur Dominic Perks.

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Mustbin

Mustbin gets USD4.5 million seed investment from DAG Ventures, other angels

Mustbin allows users to store photos of importance like pictures of documents, forms and receipts on the cloud via a smartphone, and the startup who created the app planned to use the seed investment to create an app version for Android and the iPad.

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Blumberg Capital

Blumberg Capital closes fund with USD150 million financing

Blumberg Capital raises USD150 million with its venture capital seed fund.

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