#carmel ventures

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Infosys buys stake in cloud computing startup Cloudyn

Infosys buys stake in cloud computing startup Cloudyn

Infosys is well known for its startup investment related initiatives. Infosys’ Innovation Fund invests in early-stage startups demonstrating product market fit in the areas of machine intelligence, big data and analytics, infrastructure and cloud, collaboration and design, etc. In May this year, the company formed a finance and investment committee to monitor and oversee all major investments…

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Worthy raises $8 million in Series B funding

Worthy raises $8 million in Series B funding

Worthy, an online platform to sell used luxury goods, has raised $8 million in Series B round of funding led by Carmel Ventures. Founded in 2012 by Ben De-Kalo, Worthy is the rapidly growing on-line marketplace for selling and buying used and pre-owned luxury goods like diamond jewelry, precious stones and high-end timepieces. Till date, it has processed thousands of items worth more than $90…

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