Online local information business is just getting hotter. Bangalore-based online local information company Four Interactive has raised $10 million in series B funding. The round is led by Lightspeed Venture Partners and joined by Silicon Valley Bank and return backer Matrix Partners India. Matrix had invested $2 million in Series A round in the company about seven months ago.
Four Interactive runs AskLaila.com, an online service that provides information on food, events, lifestyle, shopping and so on. The company is building the content from scratch and making it available for search from its own database (instead of the world wide web). The content is supplemented by reviews too.
further visit:
Exclusive: Four Interactive Gets $10 Million In Series B From Lightspeed, SVB and Matrix Partners
We thank the owners of the above articles/sites/sources/Govts www.vccircle.com for referring this.
02 October 2007
VC Circle Updates
www.vccircle.com ( Venture Capital News, Deals and etc)
Airline MRO Next Boom Area: Rajeev Chandrasekhar Plans JV With Air India, Indian
News Roundup: Metropolis, Praj Industries, Mahindra Logistics, Jessop & Co
Hyderabad-Based Digital Marketing Firm Ybrant Files For IPO
Avendus To Kick Off Institutional Broking Business In January
South Indian Bank Raises $82 Million From Investors Like IFC, UTI Ventures, Fidelity
Future Capital Holdings Files For IPO; To Raise Rs 300-350 Crore
MCX Sells 5% Each To Citi, Merrill; Smaller Stakes To Passport, GLG
Deutsche Bank Invests $425 Million In Lodha Group’s Realty Projects
After Sudhir Gensets, Mumbai-based Powerica To Get $50M From SCPE
Carlyle, TPG Rumoured To Be Interested In NIIT Technologies
Core Projects Buys Three Companies In US & UK For $45M; Plans More
Exclusive: Goldman Sachs, GE Power To Invest Close To $60 Million In Sudhir Gensets
BAG Films Raises $17 Million From Fidelity At A Valuation Of $150 Million
Indiastar (Mauritius) Fund Picks Up 18.5% In IOL Chemicals
Aptara, Formerly Techbooks, Gets $23M From American Capital Strategies
We thank the owners of the above articles/sites/sources/Govts www.vccircle.com for referring this.
Airline MRO Next Boom Area: Rajeev Chandrasekhar Plans JV With Air India, Indian
News Roundup: Metropolis, Praj Industries, Mahindra Logistics, Jessop & Co
Hyderabad-Based Digital Marketing Firm Ybrant Files For IPO
Avendus To Kick Off Institutional Broking Business In January
South Indian Bank Raises $82 Million From Investors Like IFC, UTI Ventures, Fidelity
Future Capital Holdings Files For IPO; To Raise Rs 300-350 Crore
MCX Sells 5% Each To Citi, Merrill; Smaller Stakes To Passport, GLG
Deutsche Bank Invests $425 Million In Lodha Group’s Realty Projects
After Sudhir Gensets, Mumbai-based Powerica To Get $50M From SCPE
Carlyle, TPG Rumoured To Be Interested In NIIT Technologies
Core Projects Buys Three Companies In US & UK For $45M; Plans More
Exclusive: Goldman Sachs, GE Power To Invest Close To $60 Million In Sudhir Gensets
BAG Films Raises $17 Million From Fidelity At A Valuation Of $150 Million
Indiastar (Mauritius) Fund Picks Up 18.5% In IOL Chemicals
Aptara, Formerly Techbooks, Gets $23M From American Capital Strategies
We thank the owners of the above articles/sites/sources/Govts www.vccircle.com for referring this.
Exports climb 18.91%, imports up 32.64% in Aug`07
Source: IRIS (01 October 2007)
Exports climb 18.91%, imports up 32.64% in Aug`07
Exports rose 18.91% to USD 12.69 billion in August 2007 as against USD 10.67 million in the same month, a year ago.
In Rupee terms exports touched Rs 517.87 billion, which was 4.31% higher than the value of exports during August 2006. Cumulative value of exports for the period April-August 2007 was USD 59.48 billion (Rs 2,436.12 billion) as against USD 50.26 billion (Rs 2,307.89 billion), a growth of 18.36% in Dollar terms and 5.56% in Rupee terms compared with the same period, last year.
Imports increased 32.64% to USD 19.57 billion during August 2007 as against USD 14.75 billion in August 2006. In Rupee terms, imports increased 16.35%. Cumulative value of imports for the period April-August 2007 was USD 91.99 billion (Rs 3,769.65 billon) as against USD 70.18 billion (Rs 3,222.04 billion), a growth of 31.07% in Dollar terms and 17% in Rupee terms compared with the same period, last year.
Oil imports surged 19.52% to USD 6.02 billion during August 2007 as against USD 5.04 billion in the corresponding period, last year. Oil imports during April-August 2007 were valued at USD 25,901.26 million, which was 8.32% higher than the oil imports of USD 23,912.08 million in the corresponding period, last year.
Non-oil imports moved up 39.57% to USD 13.55 billion during August 2007 as against USD 9.71 billion in August 2006. Non-oil imports during April-August 2007 were valued at USD 66.09 billion which was 42.85% higher than the level of such imports valued at USD 46.26 billion in April-August 2006.
The trade deficit for April-August 2007 was estimated at USD 32.50 billion, which was higher than the deficit at USD 19.93 billion during April-August 2006.
We thank the owners of the above articles/sites/sources/Govts www.myiris.com for referring this.
Exports climb 18.91%, imports up 32.64% in Aug`07
Exports rose 18.91% to USD 12.69 billion in August 2007 as against USD 10.67 million in the same month, a year ago.
In Rupee terms exports touched Rs 517.87 billion, which was 4.31% higher than the value of exports during August 2006. Cumulative value of exports for the period April-August 2007 was USD 59.48 billion (Rs 2,436.12 billion) as against USD 50.26 billion (Rs 2,307.89 billion), a growth of 18.36% in Dollar terms and 5.56% in Rupee terms compared with the same period, last year.
Imports increased 32.64% to USD 19.57 billion during August 2007 as against USD 14.75 billion in August 2006. In Rupee terms, imports increased 16.35%. Cumulative value of imports for the period April-August 2007 was USD 91.99 billion (Rs 3,769.65 billon) as against USD 70.18 billion (Rs 3,222.04 billion), a growth of 31.07% in Dollar terms and 17% in Rupee terms compared with the same period, last year.
Oil imports surged 19.52% to USD 6.02 billion during August 2007 as against USD 5.04 billion in the corresponding period, last year. Oil imports during April-August 2007 were valued at USD 25,901.26 million, which was 8.32% higher than the oil imports of USD 23,912.08 million in the corresponding period, last year.
Non-oil imports moved up 39.57% to USD 13.55 billion during August 2007 as against USD 9.71 billion in August 2006. Non-oil imports during April-August 2007 were valued at USD 66.09 billion which was 42.85% higher than the level of such imports valued at USD 46.26 billion in April-August 2006.
The trade deficit for April-August 2007 was estimated at USD 32.50 billion, which was higher than the deficit at USD 19.93 billion during April-August 2006.
We thank the owners of the above articles/sites/sources/Govts www.myiris.com for referring this.
FIIs remain net buyers in equities worth Rs 24,333 mn
Source: IRIS (02 October 2007)
FIIs remain net buyers in equities worth Rs 24,333 mn
As on September 28, the purchases of foreign institutional investors (FIIs) have been the highest over the last 61 trading days. As on September 28, the net purchases/sales of FIIs has been the highest over the last 7 trading days. For the last 8 trading days, FIIs have been consistent net buyers in equities. On September 28, they were net buyers in equities worth Rs 24,333 million (USD 596.1 million).
They bought equity worth Rs 73,170 million and sold equity worth Rs 48,837 million. Till September 28, they have been net buyers in equities worth Rs 172,201 million (USD 4,221.2 million).As on September 28, the net purchases/sales of foreign institutional investors (FIIs) has been the highest over the last 18 trading days. For the last 8 days, FIIs have been consistent net buyers in debt. On September 28, they were net buyers in debt worth Rs 3,585 million (USD 87.8 million).
They bought debt worth Rs 3,656 million and sold debt worth Rs 72 million. Till September 28, they have been net buyers in debt worth Rs 24,943 million (USD 612.7 million). Till September 28, FIIs have thus been net buyers in both equities and debt to the tune of Rs 197,144 million (USD 4,833.9 million).
We thank the owners of the above articles/sites/sources/Govts www.myiris.com for referring this.
FIIs remain net buyers in equities worth Rs 24,333 mn
As on September 28, the purchases of foreign institutional investors (FIIs) have been the highest over the last 61 trading days. As on September 28, the net purchases/sales of FIIs has been the highest over the last 7 trading days. For the last 8 trading days, FIIs have been consistent net buyers in equities. On September 28, they were net buyers in equities worth Rs 24,333 million (USD 596.1 million).
They bought equity worth Rs 73,170 million and sold equity worth Rs 48,837 million. Till September 28, they have been net buyers in equities worth Rs 172,201 million (USD 4,221.2 million).As on September 28, the net purchases/sales of foreign institutional investors (FIIs) has been the highest over the last 18 trading days. For the last 8 days, FIIs have been consistent net buyers in debt. On September 28, they were net buyers in debt worth Rs 3,585 million (USD 87.8 million).
They bought debt worth Rs 3,656 million and sold debt worth Rs 72 million. Till September 28, they have been net buyers in debt worth Rs 24,943 million (USD 612.7 million). Till September 28, FIIs have thus been net buyers in both equities and debt to the tune of Rs 197,144 million (USD 4,833.9 million).
We thank the owners of the above articles/sites/sources/Govts www.myiris.com for referring this.
Goldman eyes Indiabulls realty stake
Goldman eyes Indiabulls realty stake
NEW DELHI: The US-based private equity player Goldman Sachs is learnt to be in talks with financial services company Indiabulls for investing $200 million (around Rs 800 crore) in the company’s real estate arm, Indiabulls Real Estate Limited (IREL). Industry sources said the investment would be in projects in and around Mumbai and not in the holding company.
Half of the proposed investment, around Rs 400 crore, could be in a 50:50 special purpose vehicle (SPV) to be floated by Goldman Sachs and Indiabulls, while the remaining Rs 400 crore could be in IREL’s existing projects. When contacted, Indiabulls executive director Gagan Banga said: “We are in talks with several players. I cannot make a formal comment till a deal is closed.” An e-mail sent to Goldman Sachs did not elicit any response
For further : Goldman eyes Indiabulls realty stake
We thank the owners of the above articles/sites/sources/Govts www.economictimes.com for referring this.
NEW DELHI: The US-based private equity player Goldman Sachs is learnt to be in talks with financial services company Indiabulls for investing $200 million (around Rs 800 crore) in the company’s real estate arm, Indiabulls Real Estate Limited (IREL). Industry sources said the investment would be in projects in and around Mumbai and not in the holding company.
Half of the proposed investment, around Rs 400 crore, could be in a 50:50 special purpose vehicle (SPV) to be floated by Goldman Sachs and Indiabulls, while the remaining Rs 400 crore could be in IREL’s existing projects. When contacted, Indiabulls executive director Gagan Banga said: “We are in talks with several players. I cannot make a formal comment till a deal is closed.” An e-mail sent to Goldman Sachs did not elicit any response
For further : Goldman eyes Indiabulls realty stake
We thank the owners of the above articles/sites/sources/Govts www.economictimes.com for referring this.
Corporate Headlines/Stories
From Economic Times
Five Indian cities among top 10 global emerging IT hubs
IMF projects 8% GDP growth for India in medium term
DLF may build Bidadi knowledge city in Karnataka
Maytas Infra to bid for airport modernisation
Reddy gets the first call to decide on rate
M&M passenger vehicle sales up 24.9 pc in September
Tata to relaunch Indica car brand in UK
Morgan Stanley raises $1.5 bn Asia PE fund
BoB reduces rates on its FCNR (B), NRE term deposits
RBI eases NBFC norms for foreign banks
Ruias acquire 30% in Malaysian electronics firm
PSU banks go on hiring spree
Tatas biggest Indian employer in UK
IIM-A may allow foreigners to take part in placements
Airtel breaks into world's Top 10 with 50 mn users
AT&T applies for telecom licences in India
Tata Indicom crosses 20 million subscribers mark
DoT gets 500 applications for telecom licence
Chinese telecom co to invest more in R&D in India
PM announces Sunita Williams Scholarships
Soaring stocks add Rs 3K cr to govt kitty
Fiscal deficit target at 3.3%
August exports rise 19%
Exporters will get refund of some taxes, promises Nath
Nokia to buy US software firm Navteq for $8.1 bn
Caparo Group plans small car for India, to be ready in 2 years
SBI open to collaborative ventures with foreign companies
Vijaya Bank to set up JV to push credit card biz
Reliance MF maintains position as top fund house
PGCIL to list on bourses on Oct 5
Five Indian cities among top 10 global emerging IT hubs
IMF projects 8% GDP growth for India in medium term
DLF may build Bidadi knowledge city in Karnataka
Maytas Infra to bid for airport modernisation
Reddy gets the first call to decide on rate
M&M passenger vehicle sales up 24.9 pc in September
Tata to relaunch Indica car brand in UK
Morgan Stanley raises $1.5 bn Asia PE fund
BoB reduces rates on its FCNR (B), NRE term deposits
RBI eases NBFC norms for foreign banks
Ruias acquire 30% in Malaysian electronics firm
PSU banks go on hiring spree
Tatas biggest Indian employer in UK
IIM-A may allow foreigners to take part in placements
Airtel breaks into world's Top 10 with 50 mn users
AT&T applies for telecom licences in India
Tata Indicom crosses 20 million subscribers mark
DoT gets 500 applications for telecom licence
Chinese telecom co to invest more in R&D in India
PM announces Sunita Williams Scholarships
Soaring stocks add Rs 3K cr to govt kitty
Fiscal deficit target at 3.3%
August exports rise 19%
Exporters will get refund of some taxes, promises Nath
Nokia to buy US software firm Navteq for $8.1 bn
Caparo Group plans small car for India, to be ready in 2 years
SBI open to collaborative ventures with foreign companies
Vijaya Bank to set up JV to push credit card biz
Reliance MF maintains position as top fund house
PGCIL to list on bourses on Oct 5
Day's Quote/Corporate Story
Quote of the Day
"If you really want to be a successor in life, then don't look to anyone to
motivate you, but look at your inner soul, as it's your best motivator."
Personality / Corporate of the Day
Dhirubhai Ambani
Dhirajlal Hirachanda Ambani (28 December 1932, - 6 July 2002), (lovingly called Dhirubhai Gujarati: ધીરૂભાઈ અંબાણી) was an Indian rags to riches, business tycoon who founded Reliance Industries with his cousin in Mumbai.
For further Visit
We thank the owners of the above articles/sites/sources/Govts for referring this.
Subscribe to:
Posts (Atom)