Archive for November, 2010



Delicious founder raises $3M to put “the useful back in social software”

Wednesday 24 November 2010 @ 5:46 pm

joshua schachterJoshua Schachter, the founder of social bookmarking startup Delicious, is working on a stealthy startup called Tasty Labs, and the company just raised $3 million in funding from two big name firms — Union Square Ventures and Andreessen Horowitz.


“>Schachter left Google in June
(he sold Delicious to Yahoo back in 2005) and his new company came to light earlier this month. Union Square’s Albert Wenger (formerly president at Delicious) announced today that he has invested in the company, along with Andreessen Horowitz and a group of angel investors. A filing with the Securities and Exchange Commission revealed that funding round totaled $3 million, and that Wenger has joined the Tasty Labs’ board of directors.

So what does Tasty Labs do? Wenger isn’t saying, and the Los Altos, Calif. company’s website isn’t saying much either. The website says that it won’t offer pet food reviews, won’t create open source operating systems for unmanned aerial vehicles, won’t be a marketplace for used satellites, and that it aims to put “the useful back in social software.”

Hopefully, we’ll find out what actually means soon.

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Deal Alert: Vinculum Solutions raises funding from Accel Partners

Tuesday 23 November 2010 @ 1:34 am

Vinculum Solutions Private Limited has received investment from Accel Partners India. The funding will help Vinculum to enhance its suite of products and to accelerate growth in India and itsglobal operations. Mr. Mahendran Balachandran, Partner,Accel India (Ex Country General Manager India, Apple) has joined the Board of Vinculum Solutions.About Vinculum Solutions Limited: Vinculum Solutions




Moser Baer’s Power Foray

Friday 19 November 2010 @ 11:26 pm

Economic Times has published a feature on the Moser Baer Group’s foray into the power generation business. (The group recently raised PE funding from Blackstone for one of the ventures.) It’s as big a reinvention the Puris have undertaken as any. Over the next five years, the Puris plan to invest Rs 34,000 crore — about 16 times the current revenues of Moser Baer India — to set up 5,000 MW of




APAC Alternative Investments Summit provides unique forum for Investment community, organised by marcus evans

Thursday 11 November 2010 @ 1:11 am
From the Partner Event Press Release:<!--[if !mso]> v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} w\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} <![endif]--><!--[if gte mso 9]> Normal 0 false false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4



Nasscom announces Short-listed Cos for EMERGE Product Showcase 2010

Wednesday 3 November 2010 @ 9:33 pm
Software industry association Nasscom has released a shortlist of companies which will be showcased as part of the "EMERGE Product Showcase for 2010" at its Product Conclave 2010 event:Aikon Labs Pvt. Ltd.– A comprehensive idea and initiative management platform that utilizes Web 2.0 and social networking technologies integrated with process management, content management and analytics. The



LSE Podcast with Apax Founder Ron Cohen

Monday 1 November 2010 @ 11:06 pm
Click Here to download an interesting lecture and interaction (at the London School of Economics) with Ron Cohen, founder of global PE firm Apax Partners.Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports. Email the author