Kalaari Capital invests $3M in Germin8

 

 

 

 

Germin8, a Big Data analytics company, has raised USD 3 million in Series-A funding from Kalaari Capital. The funds will be used to strengthen Germin8’s position in India through increased sales and marketing, and fuel its foray into international markets. A significant portion of the funds will also be deployed for R&D and new product development.

Since the launch of its first product in 2012, Germin8 has leveraged its proprietary technology platform and algorithms to build and reinforce its position as a leading Big Data analytics firm. Germin8, through its proprietary tools, helps companies make more … Read more


Aspada Investment Company Invests in NeoGrowth Credit

 

 

Aspada Investment Company has made an investment of INR 10 Crore (USD $1.62 million) in Mumbai based NeoGrowth Credit, a non bank financial company (NBFC) that extends short term working capital and inventory loans to small merchants in India against future credit and debit card sales.

“Small businesses are the backbone of the Indian economy, yet there are hundreds of thousands of small merchants in India that are excluded from formal credit and banking channels. Extending transparent, timely, and scalable financial offerings to this segment will help to spur business creation in a large market that has had … Read more


AMEX makes strategic investments in Capillary technologies

Venture arm of American Express has made a strategic investment in bangalore based CRM company Capillary Technologies, its first investment in India. Its reported that investments its in the range of $4.5-5M.

Capillary, which builds technology that helps retailers understand customer purchase behaviour, will use the funds to expand services in markets such as the United States and Australia.

“Capillary has done a great job of creating a platform that helps retailers to capture and analyse data and then use insights to engage with shoppers across every sales and marketing channel,” said Harshul Sanghi, head of American Express Ventures—the

Read more


OlaMini Launch by Gul Panag

Ola launches Ola mini at auto fares in Bangalore

With an intent to offer commuters in Bangalore an economical, reliable, secure, and transparent travel experience, Olacabs, India’s largest aggregator of car rentals and point-to-point cab services today announced the launch of its new city taxi service, Ola mini in Bangalore. The new service will be offered at autorickshaw fares of Rs 13 per km with a base fare of Rs 100 for the first 6 kms, making it the least expensive AC cab service available in the city, while still living up to Ola’s standards of offering the best in class travel experience to its customers.

 

Bhavish Aggarwal, Read more


Aspada Advisors invests $1.6M in ThinkLink Supply Chain Services

Aspada

Aspada Investment Company has made an investment of INR 10 crore ($1.6 million) in Gurgaon based ThinkLink Supply Chain Services, a provider of turnkey project management, design, skill development, and staffing services in India’s logistics and supply chain sector. Aspada’s investment will be used to strengthen ThinkLink Learning, the company’s professional development, vocational skills, and staffing division, which works in India’s Supply Chain sector to enhance and create career paths for managerial, entry level, and blue collar professionals.

“We are delighted to have Aspada as an investor and partner given the firm’s experience of investing in businesses that are … Read more

Aspada