Jasper Innovative Marketing Solutions, parent company of Snapdeal has raised $12M from Nexus Ventures Partners and Indo US Ventures in series B round. Jasper aims to become mini Groupon, its expanding agressively in different countries, it has already operations in 5 countries – Sri Lanka, Nepal, Bangladesh, Maldives and Singapore and plans to acquire more players in Read more

Jasper, Snapdeal parent company raises $12M


Myntra, India’s largest online personalization company has forayed into direct selling of goods. Last week it introduced ‘Sports‘ category and its prominently displayed in their homepage. Now user can buy sports shoes, track pants, t-shirts etc from makers like Reebok, Nike, Puma etc. and yes you cannot personalized them for which Myntra is known for. Recently they closed $14M investment from global PE firm Tiger Global at a highly favorable valuation.


Is Myntra slowly and steadily transforming itself into from a boutique retailer to plain e-commerce player? But question arises why drifting away from its product mojo. … Read more

Is Myntra transforming into a pure e-commerce player?


Apalya Technologies, a leader in interactive, on demand Mobile TV services in India, has raised USD 7.5 million in Series B funding. Apalya plans to use the funds to broaden its portfolio of services and technology platform to leverage the vast mobile TV opportunity being presented by the upcoming large scale rollout of 3G services in India.Read more

Apalya raises $7.5M led by IUVP


VenSat, a Hyderabad based media and entertainment startup which offers a wide range of world-class creative services in 2D, CGI, VFX, and 2D-to-3D conversion has raised $5M from Bangalore based Indo US Venture Partners (IUVP).

VenSat had completed 10 projects since its inception in December 2009, including VFX for blockbuster films- Robot and Dabangg. It currently has six projects in hand, including four films.

Vensat was launched in Dec 2009 and was founded by ex Satyam BPO honchos – Venkatesh Roddam and Satyanarayana Mudunuri, company was christened with first three English alphabets in their respective names.

Vensat operates from … Read more

VenSat raises capital from IUVP

Monarch Innovative

Monarch Innovative Pvt Ltd. is a leading global solutions provider of application specific software and high density hardware serving the needs of the Broadcast, Video and Photo Imaging Industry has raised INR 25 Cr. from Bangalore based Indo US Ventures (IUVP).

Monarch Innovative is started by Viren Satra, a videographer and photographer in 1996 and is now looking to aggressively scale its business.Monarch develops indigenous solutions that assure innovative excellence, unique user-friendliness, value, and support above all others.

Press Release


MITPL provides virtual studio, online graphics systems and signal converters for broadcasters and cable operators. It has linear … Read more

IUVP invests 25Cr in Monarch Innovative