Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-02-17

US-based CA Technologies invest in IDG Ventures, aims at software start-ups

The US-headquartered infotech company CA Technologies has invested in a new fund of technology-focused IDG Ventures for spotting start-ups and technology trends.

The US-headquartered infotech company CA Technologies has invested in a new fund of technology-focused IDG Ventures for spotting start-ups and technology trends. 
 

It, however, did not disclose the amount put into the venture capital fund, in what it called as a strategic investment. 
 

As per a statement by IDG Ventures, the investment has been done in IDG Ventures India Fund II LLC, adding that the company will be a strategic, limited partner. 
 

“With IDG Ventures India, we have a proven partner who can help us gain early visibility into the many enterprise software start-ups in the region that represent compelling investment opportunities,” said Jacob Lamm, Executive VP, Strategy and Corporate Development.
 

The investment will provide CA with a platform to nurture new ideas and innovations outside the constraints of an existing business, the company said in a statement. 
 

It will also gain periodic proprietary updates on technology trends, market dynamics and the venture landscape, the statement said. 
 

IDG Ventures' investments include fashion and lifestyle brand Myntra.Com and Apalya Technologies, among others.

 

Related opportunities
  • Laundry & Dry Cleaning
    About U Clean: At UClean, we are building India's first organized..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
  • Fine Dine Restaurants
    About Us: Virasat, as the name inspires a legacy works towards..
    Locations looking for expansion Rajasthan
    Establishment year 2006
    Franchising Launch Date 2006
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Others Food Service
    About Us: Tandoori Trumpets is a chain of casual dining restaurants..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Preschools
    About Us: GD Goenka Group, established in 1982, has had varied..
    Locations looking for expansion Delhi
    Establishment year 1982
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts