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Stories tagged with: funding

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Venture Capital Investment in India Skyrockets in First Nine Months of 2007, Reaching $777 Million
http://www.earthtimes.org/articles/show/news_press_release,2...
Submitted by epicenterforums 22 months, 4 weeks, 20 hours ago
BANGALORE, MUMBAI and NEW DELHI, India, Dec. 3 /PRNewswire/ -- Venture capitalists invested more than $777 million in 57 deals for entrepreneurial companies in India during the first three quarters of 2007, according to the Quarterly India Venture Capital Report published for the first time today by Dow Jones VentureOne and Ernst & Young. This was nearly five times the $158 million invested during the first nine months of 2006 and more than twice the annual investment record of $320 million set in 2005. Also of note, venture capitalists committed $95 million in eight deals for Communications and Networks companies in India during the first three quarters of the year, the most deals and investment for the sector on record. Join discussion...
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MFG.com Raises $26Million From Fidelity Ventures, Goes After Alibaba
http://www.techcrunch.com/2008/01/08/mfgcom-raises-26-millio...
Submitted by epicenterforums 22 months, 4 weeks, 23 hours ago
You can find nearly $50 million worth of requests for manufacturing quotes per day on the site, complete with CAD diagrams and other specifications. Manufacturers bid on the requests. MFG.com makes money by selling yearly subscriptions of several thousand dollars each to suppliers who want access to MFG.com’s community of purchasing mangers and engineers at buying companies (who get to use the site for for no charge). Free learned that in the manufacturing world suppliers are much more willing to pay a flat fee than to give a cut of each transaction. Join discussion...

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