Indian VC declares Independence
The difficulties in effecting exits in a sustainable fashion had long shackled the Indian Venture Capital (VC) industry. This seeming stumbling block caused quite a few well-known VC firms –…
Why AIF Cat III Funds are attracting more capital than Portfolio Management Services
A Mint article on the topic suggests that the cumbersome processes for investors in Portfolio Management Services (PMS) – including vis-a-vis paying taxes directly (instead of via the fund manager),…
Dream 11 Diversifies
After moving its HQ to India, the fantasy cricket gaming leader has been making rapid strategic bets Dream11 Times Internet Cricbuzz.com Willow TV Dream Sports Harsh Jain Bhavit Sheth Pankaj…
Deal Alert: GSF, Globevestor invest $300-K in kids edu kits firm Flinto
Flinto, a maker of educational activity kits for children, has raised $ 300,000 from a consortium of investors led by GSF to expand marketing and operations. The other investors include…
Deal Alert: Sarthi Angels invests in Neo Politan Pizza
Sarthi Angels Venture Foundation has invested in Vadodara, Gujarat-based vegetarian Italian meal chain Neo Politan Pizza. Founded in 2012 by V-Care Group CEO Mukund Purohit, Neo Politan currently has 22…
Deal Alert: Orios invests Rs.15-Cr in online appointments firm Ziffi.com
Ziffi.com, a platform that allows users to book appointments with doctors, salons and other health & wellness related services, has raised INR 15 crore in Series A from Orios Venture…
Deal Alert: 5ideas, others back consumer app maker WooMe.mobi
Mobile app maker WooMe.mobi has received funding from 5ideas Startup Superfuel along with two other unnamed investors. WooMe enables interactivity on TV channels, music, movies, movie trailers, radio, multiplexes and…
Deal Alert: Aspada invests $2-M in fresh fruit management firm Allfresh
Aspada Investment Company has made a commitment of over $2 million (Rs 12 crore) to New Delhi-based Allfresh Supply Management Pvt Ltd. Allfresh operates across the entire fresh fruit value…
Deal Alert: Altruist Acquires Data Analytics Company iConnectiva
Altruist, a leading provider of Telecom VAS platforms and services today announced the acquisition of iConnectiva a key player in Telecom Revenue Assurance/ Fraud Management and Big Data Analytics, in…