IPG Mediabrands, the media holding company of the NYSE-listed Interpublic Group, has acquired Sequoia Capital-backed digital agency Interactive Avenues (IA). The deal size is estimated at Rs.350-400 crore, likely to…
Chennai-based Onesource Techmedia, has filed the DRHP to issue 20,00,000 equity shares at Rs.14 per share aggregating to Rs 2.8 crore, forming 30.80 % of the post issue paid up…
Bangalore-based residential property developers Samruddhi Realty Ltd. has filed the DRHP to issue 21,70,000 equity shares at Rs.12 per share aggregating to Rs 2.6 crore, forming 31% of the post…
Santa Clara, California-based Armor5 emerged from stealth mode with a $2 million seed funding from Citrix Startup Accelerator, Nexus Venture Partners and Trinity Ventures. Founded by security, mobility and cloud…
VC firm Blume Ventures has released its quarterly report in which it discloses funding updates. Its previously unannounced investments in the second half of 2012 included: GharPay: The company offers…
Alma Connect, a portal that connects alumni, students & faculty, has raised $250,000 from CIIE – IIM Ahmedabad, IXORA Ventures, CountShop.com, Ixigo Co-founder Dharmendra Yashovardhan and other angel investors. This…
Bangalore-headquartered accelerator Kyron has announced the first batch of start-ups that include the following firms from India: Admirch Media Labs (Bangalore) – enables users to share content with people of…
Digital media network SVG Media has invested in NetworkPlay cofounder Rammohan Sundaram’s second entrepreneurial venture, PlatformPlay. The new company, PlatformPlay Media Ventures Pvt. Ltd., will act as an entry point…
New Delhi-based listed Info Edge (India) Ltd. has acquired Makesense Technologies Pvt. Ltd. for about Rs.8 crore. MakeSense has developed proprietary software for semantic search, which is expected to augment…
SEBI will prescribe requirements for angel investor pools by which they can be recognised as Category I AIF venture capital funds Venture Capital Funds have been allowed pass through status…