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Pai's latest club deal is a $2-million round in on-demand home services marketplace Zimmber with Omidyar Network, IDG Ventures India and Sherpalo Ventures.
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Mumbai-based Rejuvenate Solutions Pvt Ltd, the company behind on-demand home services platform Zimmber, has raised just under $2 million (around Rs 12 crore) in pre-Series A funding round from IDG Ventures, Omidyar Networks, Ram Shriram's (founding board member of Google) Sherpalo Ventures and TV Mohandas Pai's (chairman of Manipal Global Education and former Infosys director) Aarin capital.
On Thursday, thredUP, a marketplace for used apparel announced that it had raised $81 million in a venture funding round led by Goldman Sachs Investment Partners.
The Indian government's provisional revenue from the sale of third-generation (3G) airwaves Monday crossed the Rs.65,000 crore ($14.2 billion) mark and nationwide licence price reached over Rs.16,000 crore ($3.5 billion) at the end of 176 rounds of an auction to award the spectrum for telecom services.
India Thursday concluded 132 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the government's provisional revenue from the sale of airwaves crossing the Rs.45,000 crore ($9.9 billion) mark and all the 22 circles receiving bids.
India on Wednesday completed 58 rounds of an auction to award radio frequency spectrum for third generation telecom services in the country, with the provisional winning price for a nationwide licence crossing Rs.6,500-crore mark.
India Thursday concluded 100 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence reaching over Rs.9,300 crore.
India Monday concluded five rounds of an auction of airwaves for broadband wireless access (BWA) services, with the provisional winning price for a nation-wide licence reaching Rs.2,353.18 crore.
India has completed 52 rounds of an auction to award radio frequency spectrum for third generation telecom services in the country, with the government expected to get Rs.25,769.82 crore as minimum revenue from the bidding.
India Wednesday concluded 94 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence nearing the Rs.9,000 crore level.
Congress president Sonia Gandhi on Monday launched the building of a strategic 8.8 km long tunnel in this picturesque valley in Himachal Pradesh that will enable year-round connectivity between Manali and the Ladakh region of Jammu and Kashmir.
India has concluded 122 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence touching Rs.10,749.16 crore mark.
India Monday concluded 82 rounds of spectrum auction for third generation telecom services in the country, with Mumbai attracting the highest bid and the provisional winning price for a nationwide licence reaching Rs.8,382.48 crore.
After 34 days and 183 rounds of intense bidding, India Wednesday concluded its auction of airwaves for private players to start third generation (3G) telecom services in the country, with the exchequer set to gain Rs 67718.95 crores ($15.5 billion).
A tiny Canadian company i4i Inc. which had won a big legal battle and $290 million in fines against Microsoft over violations of its patent in Word applications, won yet another round Thursday when US federal appeals court turned down Microsoft's plea for hearing of the case by a full bench.
India Monday concluded 116 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence crossing the Rs.10,000 crore-mark.
India Monday concluded 148 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the government's provisional revenue from the sale of airwaves nearing the Rs.55,000 crore ($12.2 billion) mark and the nationwide licence price reaching Rs.13,473.55 crore ($3 billion).
The first-ever auction of the radio frequency spectrum for third generation (3G) telephony that would facilitate high-speed mobile services in India began on Friday, with five rounds completed in a single day.