How Real Estate financing has adapted to the New Normal
From a recent Business Today Cover Story: There was a rush of foreign direct investment into Indian real estate when the sector was first opened, but that is now drying…
Deal Alert: Fmr Kotak IB MD Falguni Nayar launches beauty & wellness e-tailer Nykaa.com
Falguni Nayar, former MD and CEO of Kotak Investment Bank, has launched e-commerce portal, Nykaa.com. The venture, which went live in late 2012, offers wellness and beauty products. It is…
Deal Alert: Intel Capital to lead 2nd round for pharma etailer Healthkart: report
Gurgaon-based start-up Bright Lifecare Pvt Ltd, which runs the online health store Healthkart.com, is about to close a Series B funding round of up to $14 million led by Intel…
Deal Alert: ADB invests $2-M in Simpa Networks
Multilateral funding agency ADB has made an investment of $2 million (about Rs.1.08 crore) in Bangalore-based Simpa Networks, which offers a prepaid payment platform to enable affordable clean energy solutions…
Fund Alert: Karnataka plans VC fund for pharma sector
The Karnataka government has proposed to set up a venture capital fund with a corpus of Rs.50 crore targeting the pharmaceutical sector. The proposed Pharma VC Fund will have 26%…
Deal Alert: Sequoia to invest Rs.120-Cr in kitchen appliances co Stovekraft, up stake to 40%
Sequoia Capital is set to invest another Rs.120 crore in cookware and kitchen appliances company Stovekraft. Sequoia will raise its holding in the company to about 40%, up from the…
Deal Alert: TLabs announces 7 new startups for its batch 3
TLabs, a Times Internet Ltd. initiative that aims at nurturing and supporting the ideas and projects of Internet and mobile entrepreneurs, has launched Batch 3 with seven startups. These include:…
Deal Alert: Nadir Godrej invests in social network LocalCircles
Nadir Godrej, managing director of Godrej Industries, has invested in LocalCircles, a community-based local social network. The Delhi-based start-up enables citizens to connect with local communities, including neighbours, colleagues and…
Deal Alert: Indian Angel Network invests in RankJunction
The Indian Angel Network (IAN) has invested in Nagpur-based RankJunction, a ranking platform for competitive exams. IAN members Jay Chopde and Ravi Kiran led this round of investment and will…
Deal Alert: SkoolShop raises funding from Blume Ventures, angels
Mumbai-based SkoolShop.com, a portal that brings together products related to school and education, operating on both B2B and B2C models, has received an investment from Blume Ventures and angel investors…