Online tutorial Classle raises Rs 2.7 crore from Chennai Angels

Economic Times 24 August 2012 Chennai-based Classle, an online social network for learning, has raised $500,000 from Chennai Angels, as a first step toward raising up to $5 million as growth capital in about a year. Classle, started by IIT-Madras alumnus Vaidya Nathan...

NSE issues SME platform guidelines; first IPO to hit next week

The Economic Times 31 August 2012 National Stock Exchange today issued detailed guidelines for its new trading platform for shares of small and medium enterprises (SMEs), where the first Initial Public Offer by a company would begin on September 4. As per a circular...

Delivery Hero raises $49 million from Russian and Western funds

East-West Digital News 3 September 2012 Delivery Hero, a Berlin-based online food ordering company operating in a dozen of countries, announced yesterday it has secured a capital injection of $49 million from Kite Ventures, a Moscow-based venture fund operating...