Playcez, a startup out of Delhi, has closed a seed round of several hundred thousand USD $500,000 for an events discovery app for Indian users. It wouldn’t say how much funding it got exactly, but noted that the figure is under and closer to $1 million. Its founder, Ashwani Gaur, acknowledged that other location-based, social type apps for consumers have tapered off in the hype cycle in the… → Read More
With VCs like Sequoia and Nexus Ventures pouring money into India’s startup scene, it was only a matter of time before those focused on early-stage funding would follow. Today, GSF India, in partnership with some 30 other investors including Dave McClure’s 500 Startups, announced a new initiative called GSF Accelerator. Set to take off this October, GSF Accelerator will be mentoring and offering… → Read More
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