Regional Parties Killing India?

I firmly believe that if region and caste based politics is removed from this country, it can very fast become a developed country. People like Mayawati thinks that by gaining 40-50 seats they can become prime minister of India. For choosing a country’s prime minister, regional parties should not even be allowed to take part in [...] No related posts.

Conversation with iaccelerator’s eirs

Conversation with iaccelerator's eirsGreat Indian Mutiny, IndiaPankaj Chauhan: Wireless Healthcare, Web 2.0, 3G & 4G in Telecom space and I look forward to working with imaginative, creatively intelligent and open minded people who have the hunger to make a difference in their chosen field. ...

Helion Invests Rs 16 Crore In Quick Service Restaurant Business

In these difficult times, when real economy has been hit hard, venture funds are slowly expanding their portfolio by investing in businesses where consumers are spending. Helion Venture partners has invested Rs 16 crore in Brand Calculus, a Bangalore based company which brings in international brands operating in the fashion, food and wellness service sectors to India.  Brand Calculus is promoted by lifestyle industry's serial entrepreneur, Fazle Naqvi, who co-founded Indus League and was involved with the early days of Madura Garments. The company recently struck a deal to launch Canadian Juice and smoothies major Booster Juice into the Indian market. Brand Calculus is the exclusive master franchisee of the brand in India. Brand Calculus currently has three Booster Juice outlets in India- one in Delhi and two in Bangalore. The company plans to expand its operations from the current three outlets to twenty outlets across three cities by the end of 2009. The infusion of funds by Helion will be used for the expansion of the Booster Juice network by increasing its outlets in the country. Part of it will also be used for the brand building of Booster Juice. The company essentially works on the model of franchising, whereby it will work with new franchisees, provide them training and help them build the right partnerships and establish brand in the domestic market. Kanwaljit Singh, Managing Director at Helion Advisors Pvt Ltd, will join the board of Brand Calculus. The investment marks Helion’s first investment in the food services sector. Helion, a multi-stage India focused venture fund, has $350 million under management. It focuses its investments in various sectors such as outsourcing, internet, mobile, technology products, retail services, education and financial services. About two months back, the fund announced its invetsment  in another consumer spending linked business. It invested Rs 20 crores in YLG ( You look good) , a Bangalore based chain of salons and Spas.

Helion Invests Rs 16 Crore in Quick Service Restaurant Brand Business

In these difficult times, when real economy has been hit hard, venture funds are slowly expanding their portfolio by  investing in businesses where consumers are spending. Helion Venture partners has invested Rs 16 crore in Brand Calculus, a Bangalore based company which brings in international brands operating in the fashion, food and wellness service sectors to India.  Brand Calculus is promoted by lifestyle industry's serial entrepreneur, Fazle Naqvi, who co-founded Indus League and was involved with the early days of Madura Garments.  The company recently struck a deal to launch the Canadian Juice and smoothies major Booster Juice into the Indian market. Brand Calculus is the exclusive master franchisee of the brand in India.   Brand Calculus currently has three Booster Juice outlets in India- one in Delhi and two in Bangalore. The company plans to expand its operations from the current three outlets to twenty outlets across three cities by the end of 2009.   The infusion of funds by Helion will be used for the expansion of the Booster Juice network by increasing its outlets in the country. Part of it will also be used for the brand building of Booster Juice.    The company essentially works on the model of franchising , whereby it will work with new franchisees, provide them training and help them build the right partnerships and establish brand in the domestic market.    Kanwaljit Singh, Managing Director at Helion Advisors Private Limited will join the board of Brand Calculus. The investment marks Helion’s first investment in the food services sector.   Helion, a multi-stage India focused venture fund, has $350 million under management. It focuses its investments in various sectors such as outsourcing, internet, mobile, technology products, retail services, education and financial services.   About two months back, the fund announced its invetsment  in another consumer spending linked business. It invested Rs 20 crores in YLG ( You look good) , a Bangalore based chain of salons and Spas.  

Footloose in the valley of dreams

Footloose in the valley of dreamsExpress Buzz, IndiaInterestingly, while Siebel is predicting global doom for the tech sector if it does not reinvent itself, the Indian tech industry is foretelling a picture of global gloom. A fall in revenue is on the cards for the $60 billion tech industry in India. ...

Indian Digital And Media Stock Announcements For Week Ending 8 May 2009

Bharti Airtel 4 May 2009:Press Release Geodesic 8 May 2009:Updates on Result of Postal Ballot HT Media 8 May 2009:HT Media Board to consider Dividend Info Edge 8 May 2009:Reg.13-SEBI(Prohibition of Insider Trading Regulations)1992 5 May 2009:Disc under Reg Subs Acq &Takeover & SEBI Insider Trading Reg 4 May 2009:Reg 7 of SEBI (Susbs Acq of shares & Takeovers) 4 May [...]

Classifieds Site OLX Raises $5 Million From Nexus India Capital

Online classifieds site OLX has raised $5 million from Indian venture capital fund Nexus India Capital, reports TechCrunch; the company has classifieds sites for 85 countries. OLX does have an India site which allows publishing of free classifieds in both Hindi and English, and has partnered with HT Media to power its classifieds portal AskHT. A [...]

Classifieds Firm OLX Raises $5 Million From Nexus India Capital

Local information firms are surely becoming a must have on portfolio of Indian venture capital firms. Nexus India Capital has invested $5 million in New York-based classifieds firm OLX. Suvir Sujan, co-founder and managing director, Nexus India Capital, has confirmed the investment to VCCircle. Besides India, OLX also has a strong presence in Spain, Portugal, Mexico, South America, China, and the Philippines.   "We are strong believers in the future of free online classifieds around the world and think that the OLX team is one of the best teams to execute this vision," said Sujan in an email response.   OLX raised its series-B round of $13.5 million in December 2008 from General Catalyst Partners, Bessemer Venture Partners, Founders Fund and DN Capital. With this investment from Nexus, the total funding raised by OLX stands at $28.5 million. OLX, founded in March 2006, is used in over 40 countries in 15 languages.   OLX founder and CEO Fabrice Grinda told TechCrunch that new investment will be used to make new acquisitions, implement site improvements, expand globally, and pursue aggressive marketing initiatives. OLX has already acquired a classifieds site targeting Hispanic market and has also invested in a Chinese classifieds website.   There have been a number of investments in local information firms and the area continues to attract investment. Earlier this year Helion Ventures invested in Delhi-based GETIT Infoservices, a producer of yellow pages and directories. Another recent investment was Intel Capital's deal with online B2B marketplace Indiamart, which lists companies and connects Indian suppliers with domestic and global buyers.   Other investment in this area include SAIF Partners backed JustDial, Norwest Venture Partners backed Sulekha and Matrix Partners backed AskLaila.