Deal Alert: Aspada invests Rs. 20 Cr in horticulture firm INI Farms
Aspada Investment Company has made a commitment of INR 20 Crores to Mumbai-based InI Farms Pvt Ltd which operates across fresh fruit value chains in crops such as pomegranate and…
Deal Update: Ennovent and Upaya Social Ventures invest in Anant Learning
Ennovent Impact Investment Holding and Upaya Social Ventures have made a seed investment in Delhi based Anant Learning & Development. Anant Learning has been working amongst communities in the skill…
Impact of Finance Bill 2015 on Private Equity in India
By Sesh AV, Managing Director, Basiz Fund Services The finance bill of 2015, proposed by Shri.Arun Jaitley has made some important big bang reforms for the Private Equity & Venture…
Deal Alert: YourNest to pick up 20% in GolfLAN.com for Rs.2-Cr
YourNest, via YourNest Angel Fund-Scheme I, is to invest up to INR 2 crore for a 20 % stake in Delhi-based GolfLAN Technology Solutions Pvt Ltd which runs golflan.com, an…
Deal Alert: RVCF invests in mobile card payments firm Mosambee
Rajasthan Venture Capital Fund (RVCF) has invested in Synergistic Financial Networks Pvt. Ltd which owns Mosambee, a Mumbai-based provider of mobile card payment services. Mosambee, founded in 2008 by Alok…
Deal Alert: Mobile SDK maker AppVirality raises $465-K from IIG, TNN Capital, angels
Mobile app development software maker AppVirality has raised $465,000 in seed funding from India Internet Group, TNN Capital and other investors including Rajan Anandan, managing director of Google India; Mike…
Deal Alert: Snapdeal founders invest in apparel e-tailer Bewakoof.com
Snapdeal founders, Rohit Bansal and Kunal Bahl have made an investment in Mumbai-based Bewakoof Brands Private Limited, the company behind online apparel portal Bewakoof.com. Source: Times of India Venture Intelligence…
Deal Alert: Peer to peer lender Faircent.com raises funding from MFI execs
Gurgaon – based peer- to-peer lending pioneer Faircent.com has raised capital at an enterprise valuation of $4 million from Devesh Sachdev and Ashish Tiwari, promoters of Fusion Microfinance Pvt Ltd.…
Deal Alert: Healthstart, others invest $135-K in wellness startup Gympik
Bangalore-based Gympik Health Solutions, which owns and operates online marketplace-cum-ecosystem for fitness & wellness service providers Gympik.com, has raised $135,000 (about INR 86 lakh) from healthcare accelerator Healthstart and a…
Deal Alert: Fashion portal Purplle.com gets funding from IvyCap
Fashion portal Purplle.com has raised its first round of institutional funding from IvyCap Ventures. The funds will be used to create a TripAdvisor-like marketplace for discovery of beauty and grooming…