seed investment

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'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 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 closes fund with USD150 million financing

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

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