Sequoia Capital
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KKR & IFC-backed Magma Fincorp Entering Gold Loan, Housing Finance Biz
VC Circle &bull Dec 15, 2011
Seven months after raising funds from private equity giant Kohlberg Kravis Roberts & Co. L.P. (KKR) and International Finance Corporation (IFC), Kolkata-based non-banking finance company Magma Fincorp is now entering gold loan and housing finance business. Gold loans has been a hot business with rising price of bullion that allows consumers to borrow against family jewels while… Full Story »
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Jive Rises In IPO
Northwest Innovation &bull Dec 13, 2011Jive Software, the maker of social networking software for businesses which started in Portland, had a great debut on the NASDAQ Global Market this morning, trading as high as $16.50 in morning trading. The firm priced at $12.00 last night,… Full Story »
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Jive Software raises $161M in its IPO at $12 a share, begins trading tomorrow
Venture Beat &bull Dec 13, 2011
Enterprise social networking company Jive Software priced shares of its initial public offering at $12 a share and sold them to raise $161.3 million on Monday. Trading begins tomorrow for the company's stock on the Nasdaq exchange under the symbol… Full Story »
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Jive Upsizes IPO and Prices Above Range
Private Equity Hub &bull Dec 13, 2011
(Reuters) - Jive Software Inc. priced its initial public offering at $12 per share, above its expected price range of between $8 and $10 per share, according to an underwriter. Shares of the Palo-Alto, Calif.-based company, backed by venture capital… Full Story »
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Jive Prices IPO
Northwest Innovation &bull Dec 13, 2011Jive Software, the developer of social networking software for business which has its roots in Portland, has priced its IPO at $12.00 per share, above its initial, $8 to $10 per share range. Jive Software will start trading Tuesday on… Full Story »
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The Gowalla-Facebook Deal Didn't 'Screw Over' Gowalla's Investors
Silicon Alley Insider &bull Dec 12, 2011
Gowalla investor Jason Calacanis said Gowalla's investors didn't exactly get the short end of the stick as everyone expected in the Gowalla-Facebook deal that happened earlier this month. Gowalla's founders didn't "screw over" investors with their compensation packages from Facebook,… Full Story »
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Private Equity, Listed Firms Find Mutual Attraction
VC Circle &bull Nov 23, 2011
Listed Indian companies and private-equity investors are being pushed into each other's arms by the plunge in equity markets and the rising cost of credit. The marriage of convenience lets private equity funds deploy some of their $20 billion in uninvested capital in liquid holdings at increasingly attractive valuations in a country where buyouts are rare and companies go public early. Unfortunately,… Full Story »
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Xoom the money transfer company gets a little money of its own, $25M from Sequoia
Venture Beat &bull Nov 22, 2011
Money transfer company Xoom received a $25 million round of funding today, according to a Form D filed with the SEC. The round comes from existing investors including Sequoia Capital and Keith Rabois, chief operating officer of payments service Square. Full Story »
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Topics:
- Sequoia Capital
- Keith Rabois
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Carlyle Ups Edelweiss Exposure To Over Rs 100Cr
VC Circle &bull Nov 22, 2011
Private equity major Carlyle Group has increased its exposure to Edelweiss Financial Services to over Rs 100 crore, buying a little less than 1 per cent stake from the open market on Monday. The PE firm acquired over 6.6 million… Full Story »
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SKS Microfinance Expects Existing Investors To Support Rs 900Cr QIP
VC Circle &bull Nov 18, 2011
The country's largest microfinance lender SKS Microfinance Ltd has received interest from a few of its existing investors to buy shares in the proposed qualified institutional placement (QIP), according to a company executive. However, this was not enough to assuage investors who drummed down the shares to an all-time low of Rs 122.4, declining around 5 per cent to hit the… Full Story »
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Topics:
- Sequoia Capital
- Vinod Khosla
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Facebook Investor DST Global Eyeing Indian Internet Firms
VC Circle &bull Nov 18, 2011
DST Global (earlier called Digital Sky Technologies), an investment major which has backed companies like Facebook and Groupon, has started to look at Internet companies in India for potential deals, according to sources familiar with the development. DST Global, which has poured billions in Internet and social networking companies over the last… Full Story »
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Top execs from Zynga, Zendesk, BestBuy added to CloudBeat 2011 program
Venture Beat &bull Nov 17, 2011
Cloudbeat 2011 is lees than 2 weeks away! We'll be delving deep into customer-centric case studies to uncover the best cloud processes and architectures for companies in all stages. The conference takes place Nov 30 - Dec 1 at the Hotel Sofitel in Redwood City. Allan Leinwand is currently Chief Technology Officer - Infrastructure at Zynga. Here's what… Full Story »
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Green Dot's Steve Streit Gets National Award
Socal Tech &bull Nov 16, 2011
Steve Streit, the founder of Monrovia, California-based Green Dot, which provides prepaid debit cards and other products, has been tapped for a national award recognizing entrepreneurs. Streit was named the 2011 Entrepreneur of the Year in the Financial Services sector… Full Story »
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Topics:
- Sequoia Capital
- Reid Hoffman
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Social Travel's Trippy Raises $1.75M
Alarm Clock &bull Nov 15, 2011
There seems to be a convergence of investors and founders in the social travel space. It looks like many of the founders got here because they were traveling in between jobs, while investors know that the online travel space can… Full Story »
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Linkedin holders to sell 6.7 mln shrs,Bain selling
Market Watch &bull Nov 15, 2011
NEW YORK (MarketWatch) -- LinkedIn Corp. LinkedIn will pair the shares from the selling shareholders with its plans to sell another $100 million of stock, which the social networking company first unveiled earlier this month. Tuesday, LinkedIn said it would… Full Story »
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Fashionandyou.com Raises $40M; Norwest, Intel Cap Lead Round
VC Circle &bull Nov 15, 2011
Fashionandyou.com, a private shopping site for luxury brands and designer apparel, has raised $40 million or Rs 200 crore in a second round of funding, led by Norwest Venture Partners and Intel Capital. Sequoia Capital India and Nokia Growth also participated in… Full Story »
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Ustream, Coraid, Gogobot: Bay Area BizTech News by the Numbers
X-Conomy &bull Nov 7, 2011
The company's principal shareholders include LinkedIn founder and CEO Reid Hoffman, Sequoia Capital, Greylock Partners, and Bessemer Venture Partners. Crosslink Capital led the round, which was joined by existing investors Allegis Capital, Azure Capital Partners, and Menlo Ventures and new… Full Story »
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Baring PE India Ups Bet On Gold Loan Retail Business
VC Circle &bull Nov 4, 2011
Baring Private Equity Partners India (Baring PE India) has placed its second bet on India's gold loan business by picking up a 1.4 per cent stake in Manappuram Finance Ltd, which is backed by a host of other private equity firms like India Equity… Full Story »
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Six Portfolio Cos To Hit Bn Dollar Mkt Cap Soon: MD, Sequoia Cap India
VC Circle &bull Oct 19, 2011
As a managing director of Sequoia Capital India, Shailendra Singh leads the e-commerce and Internet-related investments for one of the most prolific venture capital firms in the country. A chemical engineer from IIT Mumbai who went on to complete his MBA from Harvard Business School, Singh has been responsible for investments in firms such as Mu Sigma, Sourcebits, Justdial and Druva. Prior to joining the VC firm in 2006, Singh was a strategy consultant at Bain & Company in New York. In an exclusive interview with VCCircle, he talks about e-commerce valuations, missed opportunities and how some portfolio companies are… Full Story »
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Topics:
- Sequoia Capital
- A Round
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Coverage Round-up: DropBox's $250M Round
Alarm Clock &bull Oct 18, 2011
Dropbox has raised a $250M round at a $4B valuation. The story has he media excited, in particular because of the side story that Steve Jobs and Apple tried to buy Dropbox for its iCloud but the startup passed on… Full Story »





