Deal Alert: Self-drive car rental firm Zoom raises $230 K
Bangalore-based car rental service Zoom which launched recently has raised $230,000 of seed capital from high net worth investors and angel groups in the US, UK, and India. Marquee investors…
Deal Alert: Aavishkaar infuses further money into dairy company Milk Mantra
Aavishkaar, via its Aavishkaar India II Fund, has made further investment in Orissa based dairy company Milk Mantra. The investment happened in December 2012. Aavishkaar has invested Rs.3 crore as…
Deal Alert: Nexus, Avalon invest in fmr Microsoft exec Sanjay Parthasarathy’s analytics co Indix
Indix secures $4.5 million in Series A funding from Nexus Venture Partners and Avalon Ventures Indix today announced that it had secured $4.5 million in new funding from leading venture…
Deal Alert: Pepperfry.com raises $8-M in second round from NVP
Pepperfry.com, an online lifestyle store run by Mumbai-based Trendsutra Platform Services Pvt. Ltd, has raised $8 million from Norwest Venture Partners (NVP) in its second round of funding. The proceeds…
Deal Alert: Private jet operator Invision looking to raise $27-M
Mumbai-based Invision Air, which provides a private jet charter servie aimed at corporate travelers and also sales and maintenance services of private aircrafts, is looking to raise $27 million in…
Catch the Top Minds in Indian Private Equity on CNBC This Weekend
Saturday (April 6): 4:00 pm & Sunday (April 7): 4:00 pm CNBC-TV18 will telecast a special panel discussion on Private Equity this weekend featuring: K.P.Balaraj, Founder & MD, WestBridge Capital…
Deal Alert: IFC to invest in Suryoday Microfinance
IFC is to invest in Chennai-based microfinance firm Suryoday Microfinance Pvt. Ltd. via quasi-equity and senior debt. Suryoday has a borrower base of approximately 145,000 borrowers and a gross loan…
Deal Alert: Snapdeal raises $50-M from eBay, existing investors: report
New-Delhi based online marketplace Snapdeal has raised $50 million from eBay and existing investors, including a Japanese financial institution. The investment, which was closed around 4 months back, was led…
Angel Alert: Calcutta Angels set up
Scions of five very wealthy Marwari business families – the Kanorias, Salarpurias, Dalmias, Patodias and Kayans – have formed an angel investment group, christened Calcutta Angels. The group has formed…
Deal Alert: Prana Studios buys visual effects company Rhythm & Hues
Prana Studios, backed by Mukesh Ambani and Anand Mahindra, has won the bid to purchase bankrupt Rhythm & Hues, which recently won the visual-effects Oscar for Life of Pi, pipping…