- Funding Galore: Startup Fundings Of The Week [1 August – 6 August] This week, Ratan Tata announced his plans to set up a Venture Capital fund, in partnership with the University of California, with a corpus of around $100-150 Mn. It will be investing about $10-15 Mn in startups. However, initially, they are also looking at writing smaller cheques of around $5 Mn. In another development, it […]
- Angels Devang Mehta And Sandeep Shetty Back IoT marketplace Gaia Smart Cities Gaia Smart Cities, a Delhi-based IoT marketplace, has raised $300K in an angel funding round. The investment was led by Devang Mehta and Sandeep Shetty. The raised funds will be utilised for product development targeted at smart city initiatives, and demonstrations & pilots for various clients. So far, it has raised $1.5 Mn funding from […]
- Gaia Smart Cities Acquires IoT Business Of Netcore Mumbai-based internet devices firm Gaia Smart Cities has acquired IoT business of communications service provider Netcore in an equity deal. Sumit D Chowdhury, founder & CEO of Gaia Smart Cities said, “Gaia will get ownership of Netcore’s IoT business and Netcore will invest in Gaia. The acquisition will also give about fourfold jump in number […]