Accel Partners


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Kaizen Private Equity LLC, India’s first private equity fund focused on $86 billion education sector in India is leading a Rs 24 crore or $4.6 million round in the Bangalore based Ace Creative Learning Private Limited.

ACE provides training and guidance to students preparing for various engineering and medical entrance examinations. It previously raised funds from Accel partners, Catamaran and few angel investors for its Series A round of investment, who will be funding for the current around as well. Kaizen will also be appointing a nominee on the board of the company.
Ace creative learning plans to expand … Read more

Ace Education raises $4.6M from Kaizen Private Equity


Surewaves

Surewaves

SureWaves Mediatech, a Bangalore based startup operating in the digital media technology space has received Rs 10 Cr from India Innovation Fund (IIF) & Accel Partners. IIF is  It is IIF second investment

Founded in 2006 by Rajendra Khare, Tapan Kumar and Anant Kansal, Surewaves offers the ‘Surewaves media grid’, an integrated advertisement aggregation, content delivery, network management, media planning and reporting platform. SureWaves is also active in the Digital Display Networks business.

The product addresses the Spot TV market and enables geo-targeted advertisements on national and regional cable channels.

IIF is promoted by Nasscom and IKP Knowledge ParkRead more

SureWaves raises investments from IIF and Accel Partners


Hotelogix 1

Hotelogix

Accel India has picked up stake by investing an undisclosed amount in New Delhi-based hospitality software firm HMS Infotech, which provides the Hotelogix software to run hospitality businesses. Hotelogix is a SaaS platform which offers  pay-as-you-go option for hotels of all sizes.

Hotelogix, is an ‘Easy to Adapt & Simple to use’ solution that offers all that you might ever need as a Hotel Management Software to run your Hospitality Business smoothly. Hotelogix is targeting small and Mid-sized hotels.

Hotelogix covers the full spectrum of Hoteleiring tasks, both in terms of streamlining the internal operations, and enhancing your business reach Read more

Accel invests in Hotelogix



Exclusively.in, a private flash sale site has raised $16M from Tiger global, Accel partners India and Helion Venture Partners.  As of now the company has been targeting NRIs living in US and sells Indian attires such as saris, tunics, jewelry and very traditional wedding gowns etc.

Exclusively.in plans to utilize the fund in expanding their distribution network, doubling its workforce. Exclusively.in plans to become an international player in this space and will expand its flash sale site to 50 countries, 30 countries will be covered by this year end. Their deliveries will start to UK from the mid week … Read more

Exclusively.in raises $16M


BabyOye

BabyOye, an e-commerce startup in babycare products has raised $2.5M from Accel partners and Tiger Global. Primarily investments will be utilized in hiring people, expand its supply chain, build warehouses and increase product range.

BabyOye started by husband-wife duo – Arunima Singhdeo and Sanjay Nadkarni, an ex Infoedge executive who understands Indian online space quite well. Babyoye has tied-up with over 80 brands and offers a range of over 4,000 products, including Pampers diapers, Chicco food, Johnson’s skincare range. BabyOye certainly wants to make a mark in this multi billion dollar market.

BabyOye also offers products for new moms, Read more

Accel Partners and Tiger Global invests $2.5M in BabyOye