Why the Hungama about Hotels?
Businessworld has a Cover Story on why “Everyone wants to own a hotel in India. And that is leading to a complex mating ritual between all sorts of players”. Everyone…
Deal Alert: Gray Matters Capital invests in Unitus Capital
Bangalore-based impact investment bank Unitus Capital has raised capital from a consortium of investors led by social venture capital firm Gray Matters Capital. The proceeds from the second round of…
New Fund Alert: Pharma firm Cipla floats corporate venturing arm
Drug maker Cipla has launched Cipla Ventures, a new in-house division to invest in companies internationally, including from start-up hubs like Boston and London, in areas such as biotechnology, medical…
Deal Alert: K. Ganesh, Meena Ganesh acquire 35% in OnlinePrasad
GrowthStory.In, the investment arm of serial technology entrepreneurs, K Ganesh and Meena Ganesh, has picked 35% stake in OnlinePrasad, a Bangalore-based venture that delivers religious merchandise from temples to people’s…
Deal Alert: Minjar Cloud Solutions acquires social apps firm Adepto
Bangalore-based Minjar Cloud Solutions has acquired start-up venture Adepto Solutions, which offers a platform to launch customized applications on Facebook and other social media. Adepto had “pivoted” its business from…
Redbuzz and the Future of Indian Venture Capital
While June began with the IPO of JustDial, the second “pure play” Internet company to list publicly in India, mid-month has been all about Naspers/ibibo acquiring redBus. Some interesting takes:…
Deal Alert: Taxiforsure raises new round from Accel, Blume & Helion
Online taxi aggregator Taxiforsure has raised its Series A round from its seed investors Accel Partners, Helion Venture Partners and Blume Ventures. Taxiforsure claims to clock around 2000 bookings per…
Deal Alert: Blume, Mumbai Angels, MMT co-founder invest in WeAreHolidays
Holiday recommendation startup, WeAreHolidays, has raised a seed round of funding from Blume Venture Capital, Mumbai Angels, MakeMyTrip co-founder Sachin Bhatia and another undisclosed angel group. The company is developing…
Deal Alert: responsAbility invests in portable sanitation services company Saraplast
Saraplast, India’s leading portable sanitation services company, receives investment from a fund of responsAbility. Saraplast is India’s leading provider of portable toilet sanitation services that cater to the underserved segment…
Deal Alert: Asian Healthcare Fund invests Rs 22-Cr in Wellspring Healthcare
Asian Healthcare Fund (AHF), along with existing investors, has invested Rs. 22 crore in Wellspring Healthcare, which operates a chain of primary healthcare clinics under the brand name Healthspring Community…