Anirban Sen

India-focused Lightbox may raise new fund of $100m next year

It has backed startups such as Faasos, Embibe, Furlenco and Droom

India: Myntra gets Jeyandran Venugopal as new chief technology officer

Flipkart-owned online fashion retailer Myntra has named former Amazon executive Jeyandran Venugopal as its new chief technology officer (CTO), replacing Ajit Narayanan, who has resigned from the company. Venugopal becomes Myntra’s third CTO in less than a year—before Narayanan took over the role in November last year, Shamik Sharma was… Read more »

Amazon to dominate Indian market in the long run: Kleiner Perkins report

The company has pledged to invest at least $5 billion in India

Quintype’s Amit Rathore setting up two new funds for US, India investments

The combined corpus of the funds is about $244 million.

India: Mutual fund investors in Flipkart stay divided over valuation

Morgan Stanley, Fidelity, Valic and Vanguard hold a small stake.

500 Startups may revive plan to raise India fund this year

This would allow 500Startups to do more seed-stage investments in India.

India: Vani Kola quits Snapdeal board amid sale talks with Flipkart

It is seen as a sign of Kalaari’s willingness to reach a deal with SoftBank.

India: Flipkart makes $1b informal offer for Snapdeal, no consensus yet on exit payouts

Differences between Snapdeal investor SoftBank and 2 other shareholders persist.

Rich Indian startup entrepreneurs turn investors in VC firms

For VC firms, particularly home-grown ones, any cash is welcome.

India: Logistics startup Fortigo raises $10m Series A from existing investors

Fortigo had raised $2 million in seed funding from both Nilekani and Accel at the time of its launch.