India Drivers Network Services, which owns and operates mGaadi, a mobile commerce ordering service for auto rickshaws, has raised seed funding from impact investment firm Unitus Seed Fund. Proceeds from…
Bangalore-based online fund-raising platform, LetsVenture has raised Rs. 4 crore money from a syndicate of angel investors as it seeks to broaden the scope of its deal-making services. The funders…
Intellecap has announced the launch of StartupWave, new virtual incubation platform built with support from GIZ and DFID. Startup Wave has been designed in partnership with over 100 startups, incubators,…
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…
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…
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…
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…
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…
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…
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…