Nexus Venture | Pixr8 News

14Jun By AnkitaNo Comments

FUNDING

Bengaluru Based Goodera Raises $5.5 Million Funding From Nexus Venture, Omidyar

Goodera, a global CSR & Sustainability Management technology platform, co-headquartered in Bangalore and Menlo Park, today announced its Series A round of funding of $5.5mn from Nexus Venture Partners and Omidyar Network. Varsha Rao, previously Head of Global Operations at Airbnb also participated in this round along with other prominent angels. Goodera is a CSR Lifecycle Management platform embedded with strong domain expertise, providing corporates automation and intelligence across monitoring and evaluation, impact measurement, grant making, reporting and employee volunteering. Goodera solves the critical need for corporates and non-profits to have last mile visibility of progress and impact measurement of their CSR projects. It enables effective governance in deciding and mana...

Snapdeal Sale: Softbank a Step Closer to Bring Nexus on Board

Japans SoftBank is believed to have moved a step closer to securing the consent of co- investor Nexus Venture Partners (NVP) for selling Snapdeal to Indias largest e-commerce firm Flipkart. A meeting was held today and the impasse over the sale could end soon, people familiar with the matter said. SoftBank the largest shareholder in Snapdeal has been making all efforts to get NVP on board for the sale of Snapdeal, and a breakthrough could come as early as this week. They added that while attempts have been going on for the past few weeks, NVP finally seems to be warming up to the idea. A board meeting is expected to take place tomorrow to deliberate upon the issue. E-mails sent to Snapdeal, SoftBank and NVP did not elicit any response. An yes from NVP is crucial for the deal to...

Snapdeal Sale: SoftBank Hopes Nexus Venture Too Come on Board

Japans SoftBank is hopeful of getting a nod soon from co-investor Nexus Venture Partners to sell Snapdeal to Indias largest e-commerce firm Flipkart. According to sources, Softbank -- the largest shareholder in Snapdeal-- has been successful in getting Kalaari to agree to the deal but is yet to get Nexus Venture Partners on board for the same. This should come through in the next one or two weeks and the deal may get announced next month, they added. SoftBank, Kalaari and Nexus did not respond to e-mails sent to them. Jasper Infotechs (which operates Snapdeal) seven-member board includes representation from investors SoftBank, Kalaari Capital and Nexus Venture Partners, as well as co-founders Kunal Bahl and Rohit Bansal. The deal, if completed, would mark the biggest acquisi...