Deal Alert: Matrix Partners India invests in TechMed
Matrix Partners India today announced that it has picked up significant minority stake in TechMed, a Hospital Lab Management (HLM) pathology chain based out of Chennai. TechMed has partnered with…
Deal Alert: Matrix Partners India invests in Traffline
Matrix Partners India today announced that it has invested in the first institutional round of funding for Birds Eye Systems Private Limited, which offers real-time traffic and travel information for…
Deal Alert: ASAPP Media acquires B2B magazine IPF Online
Mumbai-based ASAPP Media Information Group, a B2B media & information group, has acquired the entire shareholding of IPFOnline Limited and along with it the entire print and online business of…
Deal Alert: Triodos invests Rs.50-Cr in MFI Grameen Koota via NCDs
Microfinance firm Grameen Financial Services Private Limited (GFSPL), better known as Grameen Koota, has received Rs.50 crore through listed non-convertible debentures (NCDs) from Triodos Fair Share Fund and Triodos Microfinance…
Deal Alert: Info Edge hikes stake in Meritnation.com to over 50% with addl Rs 10-Cr investment
Applect Learning Systems, which runs the e-learning site MeritNation, has raised Rs 10 crore investment from Info Edge (India), the publicly listed firm which runs online classifieds web sites including…
Deal Post: Photography start-up Flatpebble raises funding
Hyderabad-based photography start-up Flatpebble has raised funding from angel investors including Raghu Bathina, Lax Gopisetty of Hyderabad Angels, Ram Jayam and Sitaram Banda. Flatpebble, owned by TechClove Technologies, offers a…
Deal Alert: Wipro to acquire US-based mortgage risk mgmt firm Opus CMC for $75-M
Listed IT services firm Wipro is to acquire US-based mortgage due diligence and risk management service provider Opus CMC (Opus Capital Markets Consultants) for $75 million (Rs 465 crore). The…
Deal Alert: Accel, Kae Capital invest $500-K in Eventifier
Eventifier, an 18 month-old startup that provides event archiving service, has secured an investment of $500,000 from Accel Partners and KAE Capital. Founded by Jazeel Badur Ferry, Nazim Zeeshan and…
Deal Alert: Accel, Ventureast invest Rs.48-Cr for 30% in K.Ganesh’s in-home healthcare firm Portea
Accel Partners and Ventureast have together acquired 30% stake in Portea Medical, a tech-enabled, in-home healthcare services company, majority-owned by serial entrepreneur duo Krishnan Ganesh and Meena Ganesh. Accel and…
Rajiv Bajaj, The Maverick Scion
From the Business Today cover story profile of the Bajaj Auto Managing Director in the context of Bajaj Auto’s plans to launch a controversial Quadricyle: The company had already proved…