Google-backed SeedFund injects $1 million into Lifeblob, but this start-up may be DOA

Google-backed SeedFund injects $1 million into Lifeblob, but this start-up may be DOA

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Today, SeedFund, an Indian VC firm backed with Google cash, announced a $1 million investment in Lifeblob, a Bangalore-based lifecasting company whose awkward name just about says it all.

Lifeblob is a kind of digital diary that maps the media you share and thoughts you write… Continue Reading

Google tiptoes into venture capital

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(Originally posted 2/16)

Google tiptoes into venture capital

Google tiptoes into venture capital

Google has committed money to two Indian venture capital firms, saying fledgling companies in India with good ideas have too few avenues for financial support.

Google invested undisclosed amounts into small venture firms Seedfund and Erasmic. The amounts were likely in the single digit millions.

This continues… Continue Reading

Venture firms making a difference in India

Venture firms making a difference in India

Venture capital firms are pumping more money into Indian companies, and a new study confirms those companies are growing faster than other companies.

Meanwhile, Silicon Valley’s Mayfield Fund becomes the latest firm to start investing there, announcing today it has joined a $20 million round of… Continue Reading

MakeMyTrip, Indian travel site, raises $13M, joins all the other Indian travel sites

MakeMyTrip.com, the Indian travel site, has raised $13 million in a second round of funding amid robust growth, according to The Economic Times.

Helion Ventures and Sierra Ventures, and existing backer Softbank Asia Infrastructure Fund (SAIF) invested $6 million, $4 million and $3 million, respectively, the… Continue Reading