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CRPZ .0023 joint venture
2012-05-09 15:42:00 Convenience TV Reaches a Joint Venture Agreement With Culinary Truths(TM) to Tap Into the Multi-Million Dollar Organic Food Industry May 9, 2012 8:15:00 AM 2012 GlobeNewswire, Inc. LOS ANGELES, May 9, 2012 (GLOBE NEWSWIRE) -- Convenience TV Inc. (OTCBB:CRPZ) wishes to announce that it has reached a joint venture agreement with Culinary Truths� to tap into the multi-million dollar organic food industry for the Culinary Truths� brand of products, the first of which is "The World's Most PERFECT Cinnamon�". CTVI President and CEO Norman Knowles and Culinary Truths President Dr. Darin Gunesekera agree that this is an excellent fit for both parties. "CTVI has the capability and expertise to develop the market and support the project. We can use our expertise in digital networks to connect Culinary Truths products directly to the customer through the placement of screens and shelf talkers in retail locations. The network will also present valuable background content on the products to ...
Rick Bolander Interview: On Gabriel Venture Partners And DEMO
2012-05-09 01:22:00 Rick Bolander, Managing Partner of Gabriel Venture Partners, sat down with me recently, and after the DEMO event in Santa Clara, to talk about what Gabriel Venture Partners looks for when considering a startup to invest in, and what he saw at DEMO that was interesting to him. What Redwood City-based Gabriel Venture Partners looks (Read More...)
Rick Bolander Interview: On Gabriel Venture Partners And DEMO
2012-05-09 01:22:00 Rick Bolander, Managing Partner of Gabriel Venture Partners, sat down with me recently, and after the DEMO event in Santa Clara, to talk about what Gabriel Venture Partners looks for when considering a startup to invest in, and what he saw at DEMO that was interesting to him. What Redwood City-based Gabriel Venture Partners looks (Read More...)
What is Venture Capital?
2012-05-02 13:30:00 There are numerous big companies listed on the stock exchanges today. However, it is likely that some of these million/billion dollar corporations that we see today were helped by investments from third-parties to get started. For an early-stage business, basic expenses such as rent, equipments needed for their operation, furniture, etc. can be a burden. ...
Youtube Founders To Launch New Digital Magazine Venture, Zeen
2012-04-09 15:44:00 Content on the web is not just about information but also how that information is packaged and served to consumers. You cannot pack a web-page full of content and hope that it will work. Many services are seeking to differentiate themselves in terms of design and usability. This means a radical re-work of the UI and UX elements and at the same time making sure that the users digest all the data at ease. The founders behind the service that launched Digital Media as an Industry, Youtube have been busy with their next venture called Zeen. Chad Hurley and Steve Chen’s new venture is all about ‘Discovering and creating beautiful magazines’. From what we can guess here, Zeen will be a way for budding writers to deploy their own magazines in a beautiful format. Flipboard seems similar but Flipboard adapts existing magazines to its unique format. It is still unclear whether the service will help in a creating a magazine from scratch or import an existing magazine. The landing page h...
By: WATblog
Scanning Real Estate Market To Have The Best Venture Purchase
2012-04-05 14:04:00 In terms of the property market, the spot may be the important variable. If you would like to ensure that your purchases could push through, then simply find a prime area. Among the superior areas are the types which could be near cities, such as castlegar real estate or others that are pretty nearby. A ...
By: SOPHISTISHE.ORG
IIMJobs.com Secures Seed Funding From One97, India Venture Partners
2012-03-28 12:00:00 Highorbit Career Pvt Ltd managed IIMJobs.com has secured seed funding from One97 Communications, India Venture Partners, and others. Though the amount is not disclosed, the funds will be utilized to enhance customer interaction team. The company is also reworking the engineering team to build tools to better connect recruiters & job-seekers. At present the team consists of 5 members, which the company wants to increase three fold by end of this year. Though Jobs-boards are not a new concept, of late companies have chosen to go exclusive. The site claims to have 200,000 Job Seekers & around 6000 Recruiters on board. IIMJobs had managed to get Rs. 5 Lakh as start-up funds from The Morpheus. How does the site work? The site is basically a job board, where job seekers must indicate their preferences and choose their areas of interest and skills. Subsequently, they will receive a personalized feed, which they can modify later, by un-following certain streams or keywords...
By: WATblog
eInsignia Infosoft Opens Badhai.in, An e-voucher Venture
2012-03-28 08:58:00 A unique portal offering eVouchers, Badhai.in has been launched by eInsignia Infosoft Private Limited. Badhai.in is a multi-brand eVoucher service which offers redeemable vouchers in stores that have tie-ups with the portal. What’s the novelty? Gifting in India is quite restricted. Additionally, the gift which you have chosen may not be liked by the recipient or he may already own one. With such eVouchers, receivers are free to choose whatever gift they desire. The idea seems to be similar to the gift cards that Shopper’s Stop offers. These are basically electronic cards that are topped-up with whatever amount one wishes to present. But instead of hard-cash these gift cards have to be redeemed at that particular store only. In case of Badhai.in, the website claims arrangements with 35 brands across fashion, electronics, consumer durables, grocery, restaurants, health services, sports, entertainment and specialty stores. The eVouchers can be redeemed anywhere the brands are ...
By: WATblog
Nirvana Venture Advisors Invests In Games2Win By Acquiring 10% of the Compa
2012-03-27 11:38:00 Games2Win announced today that Nirvana Venture Advisors have invested in the gaming company and acquired upto 10% of the company’s equity. This was equity which was previously held by Nexus India Pvt. Ltd, ICICI Ventures and some senior employees of Games2Win. Games2Win is one of the top 20 online gaming companies in the world. It was founded by Alok Kejriwal who serves as CEO of the outfit. Games2Win is a top tier VC funded business and has over 15 million unique users each month on their portal. They have over 600+ proprietary games and have also branched out into Gaming apps on smartphone platforms like Android. Games2Win has had great success with its new hit game called Parking Frenzy. This investment by Nirvana Venture Advisors will result in Nirvana’s co-founder Amit Patni joining the Games2Win board of directors. However, lead investors Clearstone Venture Partners and SVB holdings have not divested their shares in this transaction. Speaking about the investment, Alok K...
By: WATblog
Exclusive: Social Gifting Venture DropGifts Entering India
2012-03-23 10:35:00 Our sources tell that DropGifts, a social gifting start-up, is planning to launch operations in India very soon in a big way. DropGifts was launched by Rocket Internet, a $2 billion German firm. Berlin based DropGifts is already present in Euporean markets like UK, Germany and France and is planning to enter South Africa and now India. DropGifts is planning to change the way we gift out beloved ones. Everybody knows the hassles that we have to go through in finding the perfect gift for our friends. But DropGifts plans to change this by giving users a new option, online. DropGifts deploys the power of Facebook to make this possible. If you want to gift your friend, you can select her name, select the retailer and the offer, write personal message and chip in. The friend gets notified either via Facebook or email. You can also give a group gift. When a friend starts a gift card at a certain amount, other friends can chip in to it to increase the amount of the voucher. The reci...
By: WATblog
Tai Chi Gala Comes with a Unique Travel Combo of Venture Vacation and Deep
2012-03-15 15:24:00 When was the last time your vacation was an authentic combination of self-improvement and utter pleasure? Did you realize that June is the foremost time of the entire year to address your mind/body/spirit health? School is out there, the weather is actually wonderful and half the entire year has already handed. Finally attend for your ...
IDG Ventures And Indo-US Venture Partners Back Online Lingerie Store, Zivam
2012-03-14 13:41:00 Online Lingerie Store Zivame.com has received Seed Funding from IDG Ventures and Indo-US Venture Partners. Team Zivame has harnessed the power of Internet to assist women in shopping for lingerie. International brands like Jockey and Triumph have partnered with Zivame to retail their merchandise through their online venture. How does their website stand apart? Online portals offering women’s clothing are not commonplace. Furthermore, Zivame has tried to ensure women regardless of her size and age has something unique in store for her. The team has gone one step ahead & setup a consultative to choose a product based on need or event. This unique ‘virtual fitting room’ enables women shoppers to gather information and education about wearing the right lingerie. Thus the site not just offers products but educates women too. Additionally, products range from modest Rs. 200 to Rs. 3000 thereby ensuring everyone has something to buy. The Indian garment scenario is pretty huge. H...
By: WATblog
A China Joint Venture Survival Guide
2012-02-27 21:38:00 Earlier this week, I was talking with a potential client regarding a potential China Joint Venture (JV). In our initial conversation, I told him of how difficult and yet important it is to do joint ventures correctly from a legal perspective and of how negotiating joint venture deals can be so time consuming. I then had to run off to a meeting and a few days later, we resumed our call. In our second call, the potential client told me that he had since spoken with a high school friend of his, who is the General Counsel for a large international auto parts manufacturer. The potential client told me that his friend had told him that for a Joint Venture to work in China, the American company would need to be able to have someone in China pretty much all the time to monitor the day to day goings on at the Joint Venture. Without this, said the General Counsel, the Joint Venture would be doomed to fail. The potential client asked me if I agreed with that and I immediately said "yes" ...
By: China Law Blog
How To Survive A China Joint Venture
2012-02-27 21:38:00 Earlier this week, I was talking with a potential client regarding a potential China Joint Venture (JV). In our initial conversation, I told him of how difficult and yet important it is to do joint ventures correctly from a legal perspective and of how negotiating joint venture deals can be so time consuming. I then had to run off to a meeting and a few days later, we resumed our call. In our second call, the potential client told me that he had since spoken with a high school friend of his, who is the General Counsel for a large international auto parts manufacturer. The potential client told me that his friend had told him that for a Joint Venture to work in China, the American company would need to be able to have someone in China pretty much all the time to monitor the day to day goings on at the Joint Venture. Without this, said the General Counsel, the Joint Venture would be doomed to fail. The potential client asked me if I agreed with that and I immediately said "yes" ...
By: China Law Blog
Carveniche’s Education Through Clouds Venture Gets Funding Support From M
2012-02-24 13:25:00 A small two year old start-up, Carveniche has received funding of Rs. 1 Crore from Venture funding group Mumbai Angels. The Bangalore-based education technology company offers content-based mass-education focused products and services & utilizes Cloud-based technology with an aim for delivery of content throughout the country. Though the amount of funding may appear small in comparison to what we are used to hear, the company plans to use the fund infusion judiciously, says Avneet, co-founder and president (business strategy & operations) of Carveniche, “The funding will be primarily used for expanding the sales team as we are looking to enter the North Indian market soon. In addition, we will utilize it for R&D, product expansion, etc.” We feel, companies still have to go a long way before seamless education through electronic media becomes a reality. With Tablets like Aakash though selling like hotcakes, the user-experience may not be top notch as some other devic...
By: WATblog
Marquee - The Star, Sydney Will Be New Nightclub Venture By Tao Group
2012-02-10 22:32:00 Internationally acclaimed nightclub operator Tao Group is set to bring a monumental change to Sydney?s nightlife landscape with the opening of Marquee - The Star, Sydney in late March 2012. Noah Tepperberg’s Birthday Present For Jason Strauss - April 2011 The new nightclub ? the latest jewel in The Star?s $870 million redevelopment - will be overseen ...
How Not To Write A Joint Venture Agreement
2012-01-11 04:28:00 Many moons ago, a company contacted us wanting to sue its Chinese joint venture partner for having "clearly" violated their joint venture agreement. We looked at their case and advised them not to bother pursuing it. It had nearly every hallmark of the China deal gone bad, due almost entirely to the fault of the American company. Here were just some of its shortcomings: The contracts between the Chinese and the American company were drafted by one lawyer. A local lawyer in the small town in which the joint venture is located? Who do you think this lawyer favored. The joint venture was supposed to fulfill all sorts of obligations to the American company. In fact, it was these obligations that made the joint venture so tempting to the American company. But, the contracts were written so that these obligations were attached to the Chinese company that was entering into the joint venture, not to the joint venture itself. The Chinese company that had these obligations was (unlike the...
By: China Law Blog
Microsoft Founder's Space Venture
2011-12-14 15:03:00 From BBC News - Technology: Microsoft co-founder Paul Allen announces plans to develop a commercial spaceship to launch rockets and carry cargo into space. Read the whole article
Sabeer Bhatia’s Brand New Venture JaxtrSMS: Will It Be Revolutionary Like
2011-11-23 12:13:00 We SMS more than we talk; this is a known fact now. Social networking sites, mobile apps and free SMS services are all vying for your (the consumers) attention. JaxtrSMS is the newest entrant in this space. Hotmail co-founder, Sabeer Bhatia, who is serial entrepreneur, is also part of Jaxtr Inc, the company responsible for developing this new application. JaxtrSMS will enable users to send text messages to any mobile phone in the world and the best part is that it is free. What makes JaxtrSMS an even more interesting proposition is the fact that it is not necessary that the recipient of the text message should have the JaxtrSMS application installed on their phone. The text message is behaves like a normal SMS and is received in the mobile phone’s inbox. This application is compatible with all platforms (read iOS, Blackberry OS, Symbian, Android and Java) and can be used in any phone that supports data plans. You can use this application irrespective of the service-provider you s...
By: WATblog
Baby Care Products Portal Hoopos.com Gets Funded From Helion Venture Partne
2011-11-01 07:53:00 With the rapid e-commerce growth in the country and number of private equity firm investing in the Indian market, consumers are connecting with the virtual world actively. And the proof of that is right in-front of our eyes as after investing $6 million into redBus.com and LetsBuy.com, it is now announced that Helion Venture Partners have invested an undisclosed amount into retailing start-up Hoopos.com. The funding will be used to upgrade their technology, developing infrastructure including warehouse and logistics, marketing and building customer support infrastructure. Hoopos.com was established September this year, and it is interesting to note that a two-month start -up raised a funding by Helion. Helion have also supported Internet companies like Komli Mehta, Jivox and have also funded mobile space in companies like Ngpay, voice messaging company Kirusa and SMSGupshup. It offers products across 12 categories with experience across baby products retail, e-commerce and ...
By: WATblog
US Venture Partner to invest more in Israel
2011-10-31 20:29:00 US Venture Partner to invest more in Israel: US Ventures has been active in Israel for 20 years? (I didn?t know that!) Anyways make sure you read the interview US Ventures had with Globes.
By: IsraGood
Is Groupon A Failed Venture?
2011-10-28 07:59:00 Well, some are definitely saying so and their current situation is not at all comforting. A few months ago, Groupon was the prime example of a ‘start-up done right’. It grew at a breakneck speed and had investors all excited. They had to delay its IPO earlier this summer because regulators openly questioned their $25 billion valuation. Groupon has now re-assesed its valuation and has arrived at a figure of $11 billion which is less than half of their earlier valuation. This must have been an utter disappointment for the company and investors in general. After that, the stock market took a dive resulting panic concerning Groupon and the way it does business. There are many who feel that Groupon’s business model is fundamentally flawed. It seems that the novelty of discount coupons is wearing off many people and businesses are not profiting with their association with the deals giant. Groupon was started by Andrew Mason in 2008 and by 2010 it had expanded in 100 cities and 25 c...
By: WATblog
Groupon India Founders Quit To Form New E-Commerce Venture
2011-10-11 14:49:00 Acquisitions can be very strange indeed! Just last year, Groupon had acquired Sosasta.com and re-branded it to Groupon India. Now, Ananya and Udayan Bubna who started Sosasta.com and were CEO and COO respectively of its re-branded avatar have quit to start another e-commerce venture. The Bubna brothers started a digital media start-up called Friday Media in 2009 which owned Sosasta.com. Groupon, the Chicago based daily deals site acquired them last year. The brothers left Groupon in August and have been busy planning their new venture for quite some time. Ananya Bubna said, “Our venture is not going to be similar to what Groupon does. But yes, it’s an Internet company and has commerce involved. We have seen a lot of investor interest and we are very excited,” Groupon’s journey in India has been marked with some rough patches. They faced a lot of hurdles withing six months of the acquisition. The c...
By: WATblog
Puma’s E-Commerce Venture To Contribute 10% Of Revenues By 2015
2011-09-06 12:45:00 From large multi-brand E-stores to “standalone” online outlets, e-Commerce is fast becoming a byword in India’s advertising space. This is after Puma has launched PumaShop.in, an online store which will sell everything the brand has to offer. The company will use this portal to further enhance their different positioning to other sports brands. They expect this E-Commerce arm to contribute 10% of the company’s overall revenues by 2015. Their website is at par or even better than other online retailers, with an Indian touch added to it. The prices are mentioned in Rupees, and they also have some ‘discounts’, which should attract more users. Besides the standard assembly line clothing, they also have a lot of fresh fashion, which we believe is very important. Prices are slightly cheaper to what you would find in a retail store. Shipping is also free anywhere in India. Targeting India’s E-Commerce Potential Rajiv Mehta, Managing Director, said, “E-commerce is an integr...
By: WATblog
DRUVA Raises $12 Million In Series B Funding By Nexus Venture Partners
2011-08-24 14:53:00 Druva today announced that it has received $12 million in a Series B round of funding led by Nexus Venture Partners. The funding will be used to expand support for smartphones and tablets which offers and sales and marketing in North America, EMEA and Asia Pacific. Druva, founded in 2007 has catered more than 750 customers and protects more than 300,000 endpoints worldwide. While Nexus Venture Partners has $320m under management and over 30 companies across technology, internet, media, consumer, business services and rural sectors. According to one of the source of Nexus Venture Partners, “With wide adoption of on-premise and cloud-based solutions, the fast-growing company is racking up an impressive list of reference customers.” Durva’s InSync product offers unobtrusive backups over any network – LAN, WAN or VPN – and is WAN-optimized for the mobile. Recently, a funding of 40 crore was received by Bigshoebazzar.com from Nexus Venture Partners along with Ca...
By: WATblog
Bigshoebazaar Raises Funding From Catamaran Ventures And Nexus Venture Part
2011-07-25 11:05:00 India based Bigshoebazaar, an apparel and shoe retailer have announced that it has raised funding of Rs. 40 crore from Catamaran Ventures and Nexus Venture Partners by reducing 20% of its assets. The funds raised will be used to increase its supply chain of infrastructure in tier- II cities. This online portal was started in the year 2009 and it is also online licensor of of E- commerce site like www.yebhi.com. The online portal is making use of its online presence in a smarter way by enabling it’s service via SMS. According to the report, Bigshoebazaar caters to 3,000 retailers and 100 brands. Bigshoebazaar supplies footwear from wholesalers to small retailers through this procedure the brand reach to newer and unexplored markets. It markets brand like Bata and Puma through its online platform www.bigshoebazaar.net. To build a robust E-commerce company Catamaran ventures and Nexus venture partners are working closely with the online portal. In past, Snapdeal.com, another dai...
By: WATblog
NaaptolClub – Naaptol’s Latest Venture
2011-06-24 12:12:00 Naaptol.com, India’s leading comparison based social shopping portal has launched Naaptol Club, an exclusive online shopping club for its regular consumers. The new Naaptol platform facilitates unique private sales model of luxury and fashion brands at up to 80% discounts. Naaptol Club is all set to carve its niche by facilitating the faster delivery to the end consumer. The new platform boasts of a wide range of fashion apparels, accessories & home décor products from major brands displayed on a private sale. Besides offering wide array of handpicked products, its focus is to deliver the highly versatile online shopping experience to its end consumers while promising convenience, affordability & multiple payment modes including Cash on Delivery of shopping. Manu Agarwal, Founder & CEO, Naaptol.com said, “We are glad to extend yet another wing to our online home shopping platform. With evolving online shopping culture in the country, the development of this ver...
By: WATblog
RedBus Raises $6 Million In Funding From Helion Venture Partner, Inventus C
2011-05-16 13:33:00 RedBus.in which is run by Pilani Soft Labs. Pvt Ltd have raised $6 million Helion Venture Partner, Inventus Capital Partners, Seedfund. From Seedfund redBus.in has raised $1 million earlier and it was also reported that Inventus Capital was planning to invest in redBus.com. This is a third round funding received by redBus.in after reaching the milestone of selling 3 million tickets. In the past, redBus.in have also made use of m- commerce tool to make sure tickets are booked via mobile devices. Helion is also investor in Nasdaq-listed online travel company MakeMyTrip which owns ticketing site Ticketvala.in. Helion have also supported Internet companies like LetsBuy.com, Komli Mehta, Jivox. Helion have also funded mobile space in companies like Ngpay, voice messaging company called Kirusa and SMSGupshup. Ecommerce and ticketing seems to be the hot space for funding when it comes to Indian startups. Looking For A Social Media Agency?? - Contact WATConsult - India's Leading Social ...
By: WATblog
iProf Tablet Raises Rs. 22Cr In Funding From Norwest Venture Partners And I
2011-05-03 12:43:00 Norwest Venture Partners (NVP) and IDG Venture India (IDGVI) has invested Rs. 22 Cr in e-learning marketplace company iProf Learning Solution India Pvt.Ltd. The company offers personal education tablet and chain of wi-fi enabled centers across India. iProf will use the fund to increase iProf learning centers (iProf iZone Zones) in metro cities along with a tier 2/3 cities in India and abroad. It was reported last year that India was taking a step forward in launching it’s own version of tablet product, iProf (inspired by iPad). This device was assumed to play a very important role in lives student, especially the students who were appearing for examination like IIT-JEE, CAT, etc. iProf is a e-learning company which offers educational courses to number of students worldwide. Students can download study materials and educational content from retail hotspot called iZones. Study materials offered by iProf is in different forms such as audio-video lectures, animations, struct...
By: WATblog
SnapDeal Raises $12 Million From IndoUS And Nexus Venture Partners
2011-01-27 06:25:00 With Groupon’s entry and eBay’s foray into group buying it was only a matter of time before we saw some activity from SnapDeal. The group buying site which recently disclosed that it has saved its customers over Rs.5 Crores since its inception has closed a Series B round of funding in which it raised $12 Million from Nexus Venture Partners and IndoUS Venture Partners. In mid-2010 the company acquired Grabbon and has hinted that some more acquisitions could be on the way. It has reportedly set aside $2 Million for domestic acquisitions. It is also looking to expand from its current footprint of 5 countries and considering acquiring its way into Malaysia, Indonesia, Philippines and Thailand. It is also looking at expanding its present operations and according to VCCircle, is aggressively hiring to fill top management positions. In an interview with TCTV, Jasper CEO Kunal Bahl said SnapDeal had about 70% of the Indian group buying market. A recent article in afaqs! pegge...
By: WATblog
Nexus Venture Partners To ‘Connect’ With Entrepreneurs
2011-01-25 07:30:00 Nexus Venture Partners has just announced that the first Nexus Connect will be held in Mumbai on February 18th. The idea behind Nexus Connect is to give entrepreneurs an opportunity to interact with the team at Nexus Venture Partners. In December 2010, Nexus announced Nexus Seed – a program in which it is looking to invest between Rs.20 lakhs – 2 crores (i.e. $50k – $500k) each in upto 50 companies over the next 5 years. Entrepreneurs present at Nexus Connect will also have an opportunity to be funded under the program if they satisfy the necessary criteria. Some of their portfolio companies were in the news recently. DimDim was acquired by Salesforce and Komli Media just raised $15 million USD. And Altruist Technologies partnered with Reliance to bring Use Generated Ringtones to customers. Apart from these, the $320 million fund has a porftolio over 25 companies across a variety of sectors like technology, internet, media, consumer, business services and agribusiness. Th...
By: WATblog
Airtel And SBI Announce Joint Venture To Serve The Unbanked
2011-01-12 09:45:00 Airtel and State Bank of India have announced a Joint Venture with the aim of provided banking services to the millions of unbanked people in the country. The move in which India’s largest bank and largest telecommunications company are coming together seems to have plenty of potential. With a tele density of around 60% and the lack of infrastructure to establish inclusive banking facilities throughout the country, mobile banking is but obvious. But to give you a better idea, some figures, that the companies have shared, are in order. Airtel covers over 5000 towns and 500,000 villages. SBI serves 210 million accounts and has peak transactions of about 43 million per day. Mr. Sunil Bharti Mittal, Chairman and Managing Director, Bharti airtel said, “This historic collaboration between SBI and airtel brings together two sectors that have made the most impact in addressing inclusive growth. The services offered by the JV will enable financial inclusion and economic empowermen...
By: WATblog
Nexus Venture Partners Launches Seed Program – Nexus Seed
2010-12-09 06:50:00 Nexus Venture Partners has just announced that it will be launching a seed stage program called “Nexus Seed”. The purpose of this program is to boost the already budding entrepreneur ecosystem in India. The focus of the Nexus Seed program will be on high potential technology and Internet companies. Nexus will invest between Rs.20 lakhs – 2 crores (i.e. $50k – $500k) each in upto 50 companies over the next 5 years. Nexus Venture Partners is a venture capital fund in India and Silicon Valley with a total fund size of $320 million. It presently has an active portfolio of 25 companies across technology, internet, media, consumer, business services and agribusiness sectors. Some companies that Nexus has invested in include Komli (Internet advertisement network), Suminter (Organic farming), Dlight (Solar Lighting), DimDim (Open Source Web Conferencing), Mapmyindia (Digital Navigation), Deccan Pharma (Neutraceuticals), Gluster (Open source storage), Cloud.com (Cl...
By: WATblog
Microsoft Brings Venture Funds To College Campus
2010-10-13 06:24:00 I studied in an engineering college which has churned out some amazing geeks in the last few years. From the inside, I see absence of an official structured support system for software developers. If that is the case in my college, it is certainly gloomier over at many others. This kills dormant talent completely which, ironically, universities are supposed to nurture. Microsoft Innovation Alliance has, probably, been initiated keeping this scene in mind. The programme aims to equip students and teachers with knowledge and tools to develop a sustainable bridge between the industry and academic world. This will entail bringing local industry, institutions and universities on a common platform to solve industrial problems. This will go a decent way in plugging the woeful employability of students passing out of a massive number of colleges in India. Jaipur Engineering College & Research Centre, Jaipur was the first inductee of the alliance this past month. During the induction, a...
By: WATblog
Ultimate Online Joint Venture Tutorial Exposed ? It?s Free!
2010-10-05 00:26:00 Michael Rasmussen recently launched his Joint Venture Exposed Video Course absolutely FREE for you. It?s a comprehensive step-by-step proven system that reveals every single tip, tactic and secret for making big money with joint ventures! In my opinion it?s an Ultimate Online Joint Venture Tutorial.
Etisalat’s Indian Mobile Venture Lands Into Trouble
2010-08-17 09:50:00 It’s such a regular happening these days; M&As often land up in trouble with government bodies. Tell it to be failure of the due dilligence team of the company, or the strict bureaucratic laws of the government; at the end of the tunnel, the trade suffers. And that’s what makes Me, the Technology Enthusiast, a little dejected. This time the story is about Etisalat. Etisalat is a UAE based telecommunications major prociding services of Telephone, TV & Internet. They are trying to explore new business opportunities and so are on the lookout for more acquisitions. Etisalat already has an Indian presence in Bangalore which provides telecommunication services. Business Line earlier reported of the same – “Etisalat has set up a software solutions centre in Bangalore under the brand name ‘Technologia’, for developing software solutions for the telecommunications domain“. Post the above mentioned event, Etisalat presently has landed into ‘Fre...
By: WATblog
ACORN Whistleblower Anita MonCrief's New Venture: EmergingCorruption.c
2010-07-29 19:00:00 -By Warner Todd Huston ACORN whistleblower Anita MonCrief, the brave young woman whose conscience wouldn't allow her to cover to ACORN's criminal activity while she was in its employ, has started a new venture. A website dedicated to rooting out government corruption called www.EmergingCorruption.com was launched last weekend headed by Anita and a cadre of writers and researchers (myself being one of them). Emerging Corruption is a political news website that provides to the public information and investigations into ACORN and other center-left enterprises. The news website will investigate and expose historically corrupt special interest organizations and will feature information and investigations into organizational tactics, programs, campaigns, staff & initiatives including fund raising and finances....
Is Google Planning To Venture Into Social Gaming?
2010-07-02 07:54:00 Google is definitely feeling the “Social Heat” from Zuch’s baby (read Facebook) and other social web players. We have seen Google launching various tools to counter the already available social services such as the Google Buzz and Google Wave. But these two have not done any good either. Add to this the woes of Orkut which has already been overtaken by Facebook in terms of traffic and number of registered users. And now the web is talking about a possible new competitor to Facebook – Google Me. Recently Google launched a game in YouTube to show off Chrome browser. The game basically involves a complex Mechatronics video which shows a ball traversing through complex paths and you need to answer few questions on various platforms such as Twitter and Last.fm (integrated inside the game) to get through next levels and at the end you are presented with your score and of other users who have topped a particular level. Similarly, A few days back Google had replaced...
By: WATblog
Morpheus Venture Partners Morphs Into The Morpheus – To Invest 5 Lac
2010-02-19 13:54:00 Morpheus Venture Partners (MVP) an incubation firm which we have tracked since inception (earlier coverage here, here and here) has evolved into a complete Y Combinator Clone. MVP has rechristened itself as The Morpheus (www.themorpheus.com) and shall now be investing 5 lakhs or 10000$ in their new batch of incubated startups. Morpheus would be making these investments form its next batch which will be the 4th batch of startups. The 10,000$ is exactly the same amount that Y Combinator too invests in its startups so Morpheus now is truly an Indian version of Y Combinator in the model atleast. The release thay have put out states that their LP’s i.e. Limited Partners are folks who understand the startup space but there is no mention of who these investors are. Last date for applications to be part of Morpheus batch 4 is March 10, 2010. One can check out their FAQ’s to know more about them. As they say themselves they are not the folks you should approach if you are ONLY l...
By: WATblog
P2P Joint Venture – mTouche and VASSoft.net Form mBit Infotech &ndash
2009-12-10 08:41:00 Mobile VAS has been on a crusade in the recent past, and so be it. Mobile operators are loving it. Moreover various entities are set up with the idea to comprehend the growth in the mobile subscriptions in India. Lately in news, mTouche Technology found their peer-to-peer (P2P) mobile content platform, mBit Infotech Pvt. Ltd. This will be launched with various Indian service providers in the form of mBit Infotech. Basically, mBit Infotech is a joint venture between mTouche and another technology firm, VASSoft.net. Himenviro Environmental Technologies owns the latter. While their joint venture partnership will witness an investment of upto US$1 million in the initial phase in order to roll out the mBit P2P mobile content pan India. “VASSoft.net and mTouche joining hands and forming mBit Infotech combines the financial strength and VAS expertise and a fresh outlook to serve Indian market with unique P2P cum file share application and many more to come later on. The JV is stra...
By: WATblog
Vdopia Raises $4 Million From Nexus Venture Partners, Appoints New CEO
2009-10-29 11:16:00 Its raining on Indian deal street as VC investments have started to see uptick. In a latest move Vdopia has secured $4 million in series-A funding from Nexus Venture Partners. Last year there were rumors about nexus chipping in the money but it was never confirmed. The funding is amid different monetization tie-ups garnered by Vdopia in recent past. It has tied-up with many portal from Web 18 fold & NDTV Profit for video montization. The company has been banking on online video advertising coupled with mobile videos. It also launched iVdopia to exploit the thriving iPhone apps segment for video advertising opportunities. The funding comes at a time when many Online streaming sites are finding it tough to monetize video contents but specialized video ad networks like Vdopia are enjoying success. Specialized Ad Networks are procuring access to premium inventory than just user generated content which is what tilting ad revenues in their favor. The funding is also ...
By: WATblog
White Sox launch new tech venture
2009-10-22 20:05:00 Ed Sherman at Crain's has learned that on Monday, the White Sox will officially announce the launch of a new business operation that has nothing to do with baseball. The team has created Silver Chalice Ventures, a subsidiary that will focus initially on developing digital platforms for clients but ultimately could branch out into almost anything, according to Brooks Boyer, Sox chief marketing officer. The company already helped develop a mobile application for the Southeastern Conference, among other ventures. That application lets fans of the University of Florida, Louisiana State University and other football powers get live score updates, news and game highlights on their iPhones....
Experienced Entrepreneurs do not rely on Venture capital
2009-09-20 22:13:00 "VCs at best have little to no impact on startups and at worst have a negative impact."Benefit from the Indian startup community. Join us at the Indian startup portal Experienced Entrepreneurs do not rely on Venture capital is a post from: News, Views, Reviews & Interviews of Indian startups Related Posts Why are the Skilled Immigrants Leaving the U.S. Seed capital for startups has not come of age in India Realities of VC Funding
Is Shariah Possible (II): Origins of a Cosmopolitan Venture
2009-09-08 11:16:00 A moral philosophy characteristically presupposes a sociology. For every moral philosophy offers explicitly or implicitly at least a partial conceptual analysis of the relationship of an agent to his or her reasons, motives, intentions and actions, and in so doing generally presupposes some claim that these concepts are embodied or at least can be in ...
Jesse Ventura's New Venture on The Ventura Highway of Life....... A TV Show
2009-08-26 16:51:00 Jesse "The Body Politic" Ventura has a new venture. It is a Program on TruTV titled Conspiracy Theory. It will debut in the late fall.We'll all be on the edge of our seats waiting to see what Jesse uncovers, discovers, and recovers.When you couple Jesse's TruTV Program with the Book: Cults, Conspiracies and Secret Societies you get a bunch of tin foil hat wearing people who believe their tin foil hats were made by Alcoa. How much should we be laughing at these people? How much is true, half true, or has a kernal of truth to it?An indispensable guide, Cults, Conspiracies, and Secret Societies connects the dots and sets the record straight on a host of greedy gurus and murderous messiahs, crepuscular cabals AND suspicious coincidences. Divided into three sections, its hundreds of entries separate facts from myths. Some topics are familiar--the Kennedy assassinations, the Bilderberg Group, the Illuminati, Area 51, the People's Temple and Heaven's Gate--and some surprising, like ...
Think Like a Venture Capitalist
2009-08-24 12:24:00 The most innovative companies have an approach to trials that is like the philosophy of a venture capitalist.� The VC is a prime example of an arsonist and fire fighter.� He will invest in a portfolio of different start-up companies, fully knowing that most will fail.� A few might break even and one or two ...
Morpheus Venture Partners Announce 10 New Portfolio Companies
2009-08-17 12:43:00 A dissimilar batch from the original YCombinator program has been announced by Morphues Venture Partners (MVP). The YCombinator program focused largely on web-technology startups. WATBlog has stressed before how a YCombinator type of venture firm was a necessity in India given the low startup costs and high need for guidance and adding value. “India has a lot of unsolved problems that lead to large markets opportunities,” said Sameer Guglani, Founding Partner – MVP. “That’s the reason our portfolio is focused on domains like education, health, automotive, apparel, retail, advertising and financial services.” It will work closely with select startups as a ‘limited co-founder’ announced names of 10 progressive startups participating in Batch 3 of its four month Business Acceleration Program (BAP). The diversity of the startups in Batch 3 lies in the wide range from apparel, financial services, automotive, advertising, robotics to education domains. Adscoot: They wil...
By: WATblog
Venture Capital Beliefs & Views On Indian Internet Space - (Must Read F
2009-06-10 14:49:00 We had the good fortune of listening to a presentation by Ritesh Banglani from IDG Ventures India at the recently held Startup City event in Bangalore. He pointed out the assumptions and beliefs that their VC firm had on the Indian Internet space. We quite enjoyed the presentation and are sharing his points here. A must read for any internet entrepreneur looking to pitch to a VC. 1) Average monetization per user is 1$ - As a VC they believe that the average per user monetization per year is 1$. Hence they look for companies which can prove that they earn substantially higher per user revenues for them to be interested in investing in the startup. 2) Ad only models dont work - VC’s (IDG ventures in this case) firmly believe that business models online which are supported by purely advertising don’t work. Their assumption is based on the above point of 1$ per user which they feel is too low to support the scaling costs of an online startup with millions of users. 3) E- Co...
By: WATblog
Amplified Journeys: New Venture Creates Custom Playlists For Roadtrip Sound
2009-04-07 12:00:00 Want a soundtrack to your life, or at least a soundtrack for that big cross-country roadtrip you've been planning for the summer? Amplified Journeys by Harmon Kandon will create a playlist fit for any roadtrip theme and direct you towards sources to obtain the music from.
Adrian Galysh: venture blvd
2009-04-04 02:00:00 News: 04-04-2009: Adrian Galysh live at the Last Day Saloon in Santa Rosa, CA. July 2008. Adrian Galysh on guitar, Maureen Baker on keyboards, Charlie Waymire on drums, Chuck Wright on bass. Adrian Galysh "Ventura Blvd." This is a content summary only. Visit Truth In Shredding to find out more! |
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