Deal Alert: Backpacker hostel chain Zostel raises Rs 5-Cr
Zostel, a chain of backpacker hostels for young travellers, has raised Rs 5 crore in a first round of funding from Malaysia-based angel investor Presha Paragash. Founded in August last…
Deal Alert: UK-based NRIM picks up 10% stake in pharma firm Kinedex for Rs.1.3 Cr
UK-based pharma firm NRIM has picked up 14,195 equity shares (a 10% stake) for INR 13 Cr (at INR 915 per share) in Mumbai-based Kinedex Healthcare Pvt. Ltd., regulatory filings…
Deal Alert: Matrix Partners India-backed LimeRoad raises $15M in funding led by Tiger Global
LimeRoad, India’s largest online social discovery platform for women, today announced that it has raised a Series B round of USD 15 Million led by Tiger Global, with participation from…
Deal Alert: Tiger Global leads $15-M funding for womens fashion e-tailer Limeroad
Tiger Global is leading a $15-million round in LimeRoad, a social shopping portal focused on women and fashion. LimeRoad will see existing investors Matrix India and Lightspeed Venture Partners also…
Deal Alert: Deal origination portal BankerBay secures Angel Funding
Bangalore-based deal origination tool BankerBay has raised under $1 million from executives from Nomura, Ernst & Young, Government of Singapore, Jefferies and other high net worth individuals. BankerBay helps Private…
Deal Alert: Helion Ventures invests Rs.27 crore in dental chain Denty’s
Helion Venture Partners has invested Rs 27 crore in Hyderabad-based multi-specialty dental care chain Denty’s. Denty’s which has 10 clinics in Andhra Pradesh and Tamil Nadu, will use the funds…
Deal Alert: Kalaari Capital, Lightbox invest $4-M in online test prep service Embibe
Kalaari Capital and newly formed venture fund Lightbox are together investing $4 million in Mumbai-based Embibe.com an online test prep portal specializing in engineering entrance exams. The startup currently has…
Deal Alert: Fabindia MD William Bissell invests Rs.12-Cr in education ERP firm Foradian Tech
William Bissell, managing director of ethnic retail firm Fabindia, has invested $2 million (over Rs. 12 crore) in education technology start-up Foradian Technologies. Foradian provides cloud-based enterprise resource planning solutions…
Fund Alert: Sandeep Murthy-led tech VC fund Lightbox aims to raise $90-M
Lightbox, a new venture fund focused on technology investments in India, aims to raise about Rs. 540 crore ($90 million). Lightbox is being set up by a team of five,…
Deal Alert: Vantage Circle raises round from Raghu Bathina, others
Delhi-based Bargain Technologies, which owns and operates Vantage Circle, an online privilege platform for corporate employees, has raised Rs 1.2 crore ($198,048) from investors including former Citrix Systems senior director…