The product, can be used for video surveillance, automated number plate recognition, red-light violation detection and facial recognition.
They are also beefing up senior executive teams and also considering offers for pre-IPO rounds of funding from risk capital investors.
Many of the proposals by Sebi to oversee crowdfunding are leading to unrest in the startup community.
Infuse Ventures, Intellecap Impact Investment Network invest Rs 3 crore in solar startup Surya Power
Intellecap Impact Investment Network (I3N) and Infuse Ventures have invested $500,000, or Rs 3 crore, in solar-agriculture startup Surya Power Magic.
nline ticketing service BookMyShow has raised a new round of funding that marks an over three-fold increase in its value and catapults the Mumbai-based company into the league of India's most valuable consumer Internet firms.
While Creador was initially looking to invest around a fifth of the corpus from new fund in India, this could increase going ahead.
The company expects Rs 7,000 crore worth of transactions on its platform in fiscal 2015, of which 60-70% will be through digital payments business.
The quantum of new funds raised by India-focused venture capital firms in the last three years – $ 3 billion – is drawing attention from both local and overseas investors.
As average age of startup entrepreneurs steadily falls, venture capitalists & angel investors enter college campuses across India in hope of discovering the next big venture.
Temasek has bought 12.5% stake in Intas Pharmaceuticals, one of India's top 10 drug makers by sale, for a little over Rs 1,100 crore, people involved with the development said.
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