Mumbai-based P&P Associates, which runs online portal Dwll.in, has been selected for incubation by Chandigarh-based The Morpheus. Dwll allows home and business owners to choose interior designers through its platform…
New Delhi-based Swarna Pragati Housing Microfinance has received primary infusion equity of INR 210 million led by Aavishkaar Goodwell, a financial inclusion fund. Existing investor Asia Pragati, a NBFC backed…
Matrix Partners India today announced that it has acquired a significant minority stake in Stayzilla.com, as the sole investor in the first institutional round of equity funding for the Company.…
Economic Times has a feature on SKS Microfinance and the company’s founder Vikram Akula pegged on the recent move by SKS Trust which holds a 12.6% in the publicly listed…
Forbes India has an interesting profile of how Yogesh Mahansaria and his father – who had to leave off-road tyre maker Balkrishna Tyres post a family split – rebuilt a…
From The Economic Times’ feature on the unfolding legal battle between the fast food giant and Vikram Bakshi, its partner in the joint venture (Connnaught Plaza Restaurants) for Northern and…
Seedfund has invested in Axis Rooms Travel Distribution Solutions, a maker of hotel room management software that enables hotels to update and share their inventory status with agents and online…
Paris, France-based cosmetics and beauty products maker L’Oreal has acquired Mumbai-based Cheryl‘s Cosmeceuticals, marking L’Oreal’s first acquisition in the Indian market. Cheryl’s Cosmeceuticals, founded in 1986 by Oscar and Cheryl…
Switzerland-based responsAbility Investments has picked up a minority stake in Mumbai-based Punjab Renewable Energy Systems (PRES), an organised fuel aggregation and supply companies focused on agriculture residue. responsAbility will receive…
From a Businessworld article: The big four in the business — CMS, Brinks, SIS-Prosegur and Writers — share 80 per cent of the market between them and, on an average,…