Deal Alert: Bothra Metals and Alloys files for IPO
Mumbai-based Bothra Metals & Alloys has filed for DRHP to issue 48,84,000 equity shares at Rs.25 per share aggregating to Rs.12.21 crore, forming 26.38% of the post issue paid up…
Deal Alert: Channel Nine Entertainment files for IPO to raise Rs.11.7 Cr
New Delhi-based Channel Nine Entertainment has filed the DRHP to issue 46,68,000 equity shares at Rs. 25 per share aggregating to Rs.11.67 crores forming 30.10% of the post issue paid…
Deal Alert: XBT Holdings acquires IT services firm IBEE Solutions
Global hosting and network solutions provider XBT Holdings has acquired Hyderabad-based app development firm IBEE Solutions. This acquisition will enable XBT to create web development and mobile application services to…
Deal Alert: Lok Capital, Aavishkaar invest Rs.20-Cr in Suryoday Microfinance
Chennai-based Suryoday Microfinance has raised Rs.20 crore led by existing investors Aavishkaar Goodwell and Lok Capital. It will use the capital infusion to strengthen its presence in Maharashtra, Tamil Nadu,…
Deal Alert: Nirvana joins Bessemer in acquiring healthcare IT firm HealthSprint
Bessemer Venture Partners has been joined by Nirvana Venture Advisors to acquire Bangalore-based healthcare IT services company HealthSprint. The investors acquired the founders’ stake and inducted a new management team…
Deal Alert: Travelmasti acquired by Via
New Delhi-based travel package site TravelMasti has been acquired by Bangalore-based Via. The company, which had raised funding from BCCL in 2007, is present (offline) in Dehradun, Rajkot, Jamnagar and…
Deal Alert: Helion in talks to invest Rs.19-Cr in security tech firm Seclore
Venture capital firm Helion Venture Partners is in talks to invest in security software company Seclore Technology, which was incubated at IIT Bombay. Helion will invest Rs.19 crore ($ 3.5…
Deal Alert: Seventymm appoints Bhawna Agarwal as CEO
Fashion & lifestyle e-commerce company Seventymm.com has appointed Bhawna Agarwal as its CEO, replacing Mudit Khosla. Prior to Seventymm, Agarwal was a founding member of the management team at Yatra.com.…
Deal Alert: HPC Biosciences files for IPO
New Delhi-based HPC Biosciences has filed the DRHP to issue 45,00,000 equity shares at Rs. 35 per share aggregating to Rs. 15.75 crore, forming 28.30% of the post issue paid…
Deal Alert: Presentation software firm authorSTREAM to merge back into WizIQ
authorSTREAM, a Mohali-based online platform that PowerPoint users use to share presentation based content, is to merge into online education platform firm WizIQ, which is operated by authorGen (from which…