A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.
Appneura (2016, Mumbai), cloud-based application performance management solution. Founder is Ex-Infosys Technologies and Microland.Global comparables are OneAPM (2008, Beijing, $38M) and Apteligent (2011, SF, $48.7M).
INDIA INTERESTING NEWS
Sahajanand Medical Technologies (1998, Surat), minimally invasive coronary stent systems developer, raises $36M in PE round of funding from Morgan Stanley Private Equity Asia and Samara Capital Management Ltd. Link
CBA Capital, Mumbai based venture capital firm, raises first close of the fund, at $15.4M. Link
Ladder (2015, SF), online life insurance service provider, raises $30M in Series B round of funding led by RRE Ventures, with participation from Thomvest Ventures, as well as existing investors Canaan Partners, Lightspeed Venture Partners and Nyca Partners. Link
Trianz (2000, Santa Clara), provider of integrated set of Consulting, IT and BPO services, acquires CBIG Consulting (2002, Chicago), big data and BI consulting services provider, for an undisclosed amount. Link