PE firm Carlyle’s India MD Shankar Narayanan and angel group ah! Ventures have invested INR 1.5 crore in Mumbai-based Testbook which provides free mock tests for entrance exams such as…
Indian Angel Network’s UK operation has announced an investment in Lowdownapp Ltd, a London based meeting management app maker that offers users a snapshot and in-depth view of attendee information,…
US retailer Target Corporation has roped in a second set of start-ups for its accelerator programme based in Bangalore. While the first batch focused on themes like personalisation search, content…
In a “shotgun wedding“, the long term ramifications of which were somewhat drowned amidst the Diwali break last week, the Union Government has ordered the forced merger of two private…
Bangalore-based outsourced software product development firm ‘People 10’ has raised about INR 10 crore from US-based fund Ideaworks Partners in a Series A round of fundraising. Founded in 2011, the…
Last-minute hotel booking start-up HotelsAroundYou has raised seed funding from more than 10 angel investors associated with early-stage accelerator VentureNursery. The investors include Patni scions Amit and Arihant, Aditya Birla…
Notemybook, a start-up based in Mumbai that aims to make books available to students at 40% less cost, has been incubated at Vivekanand Education Society’s Institute of Technology (VESIT) located…
Economic Times has an interesting interview with Sequoia Capital’s Silicon Valley-based partner Douglas (Doug) Leone on the firm’s investments in India and elsewhere. Extracts (emphasis mine): On why Sequoia is…
Noida-based lingerie e-tailer Cloe has raised an investment from a group of investors in Germany “with deep roots in consumer retail and Internet”. From the Venture Intelligence PE Deal database:…
Retail brand Biba Apparels has acquired 26.66% stake in Anjuman Brand Designs which is engaged in the business of designing, manufacture and sale of garments under the brand name “ANJU…