Deal Alert: E-Grocer Greencart.in raises $1.5 M
Online vendor for fresh fruits and vegetables Greencart has secured US $1.5 million in its first round of funding from Techno Group. The funds will be used in expanding operations…
Deal Alert: Ronnie Screwala, K Ganesh back media startup Oximity
Angel investors Ronnie Screwvala and K Ganesh have seed funded Oximity, a global online media startup for user-generated news. Co-founded by former Wall Street banker Sanjay Goel and German IT…
Deal Alert: Indix closes Series A-1 with $9mn from Nexus Venture Partners & Avalon Ventures
Indix Corporation, a SaaS + Big Data product intelligence platform company, today announced that it has closed $8.5 million of a $9 million Series A-1 round of financing,co-led by Avalon…
Deal Alert: Seven start-ups make it to TLabs Accelerator’s Batch 5
TLabs, the start-up accelerator run by Times Internet has announced its 5th batch. Here are the details of the firms in the Spring 2014 batch: Fashupp: a social fashion platform…
Deal Alert: Chennai Angels, Lok Capital invest Rs 5.7 cr in Everest Edusys
Chennai-based Everest, which works under the brand QED has developed a range of tools that have been used at by over 20,000 children in 100 schools so far. About a…
Deal Alert: Education start-up Skyfi Labs raises funding from Chennai Angels, Spark Capital
Bangalore-based education start-up Skyfi Labs has raised funding from angel investor network Chennai Angels, as well as investment bank Spark Capital. Started in 2010 by IIT-Kanpur graduates, Skyfi provides engineering…
Deal Alert: Bookstreet selected for BSE-Ryerson Incubation programme
Mumbai-based Bookstreet, a start-up that provides solutions for past exam papers called ‘Smart Solutions’, written by university professors, has been selected to participate in the BSE-Ryerson Incubation Center’s first incubation…
Deal Alert: Powerhouse Ventures invests in Mahesh Bhupathi’s e-commerce firm Sports365
Bangalore based Sports365, the e-commerce company backed by Tennis player Mahesh Bhupathi that retails sports and fitness products, has raised funding from Powerhouse Ventures. The transaction was advised by Delhi-based…
Deal Alert: Accel leads $1-M round for online tea retailer TeaBox
TeaBox, a Siliguri-based e-commerce company which sells different types of tea, has raised $1 million from Accel Partners. TeaBox, founded by former KPMG consultant Kaushal Dugar in 2011, has shipped…
Deal Alert: YourNest, Indian Angel Network, Ray Stata invest in voice tech firm Uniphore
YourNest Angel Fund, Indian Angel Network (IAN) and Ray Stata have invested in Uniphore Software Systems, a Chennai-based player in Indian language speech recognition solutions. This round of investment was…