Deal Alert: SIDBI Ventures invests Rs.25-Cr in Glocal Health
SIDBI Venture Capital, via its Samriddhi Fund, has invested Rs.25 crore in Kolkata-based Glocal Healthcare Systems Pvt Ltd. PXV Law Partners and Kochhar & Co were advisors to the deal.…
Deal Alert: Stresed assets e-auctioneer NPASource.com raises funds from SIDBI
Ahmedabad-based Atishya Technologies Pvt Ltd, which runs NPASource.com, a portal focusing on resolution of stressed assets has received funding from the Small Industries Development Bank of India (SIDBI). The portal…
Deal Alert: O&M acquires digital marketing firm PennyWise
Ogilvy & Mather is to acquire a majority stake in Hyderabad-based digital marketing company PennyWise Solutions. Started by five alumni of the Birla Institute of Technology and Science (BITS), PennyWise…
Deal Alert: IAN invests in automatic dosa machine maker Dosamatic
Indian Angel Network members Hari Balasubramaniam and P Gopinath have invested in Chennai-based Mukunda Foods, a design & development start-up that makes Dosamatic, a table top Dosa making machine. Mukunda…
Deal Alert: Web domains firm Directi to be acquired by US-based Endurance Intl for $110-M
US-based Endurance International, owner of Domain.com and HostGator, will spend up to $110 million in buying Mumbai-headquartered Directi, India’s largest domain registrar. Endurance plans to raise up to $400 million…
Deal Alert: RVCF invests in Chandigarh based Food Processing Co Chatha Foods Pvt. Ltd
Chatha Foods Pvt Ltd which is India’s leading Frozen and Ready to Eat (RTE) meat foods manufacturer raised undisclosed growth equity from RVCF (Rajasthan Venture Capital Fund). Chatha Foods retails…
Deal Alert: Online food marketplace Langhar bags $150-K in ARK challenge
Delhi based Langhar, which allows people to buy and sell home cooked food online, has secured a funding of $1,50,000 from ARK Challenge, a startup boot-camp. Earlier, Langhar raised $20,000…
Story of Education Loans Firm Credila
From the Business Today article: Credila started operations in March 2008, two months after DSP Merrill Lynch invested in the company. From March 2008 until HDFC bought out DSP Merrill,…
Deal Alert: TLabs announces a new batch with 9 startups
Accelerator TLabs has announced its Fall 2013 batch of nine start-ups. With this batch, the accelerator – an initiative of Times Internet – takes its portfolio count to 23. The…
Deal Alert: To The New acquires S’pore-based social media monitoring software firm ThoughtBuzz
Mumbai-based digital media company To The New has acquired Singapore-headquartered social media analytics company Thoughtbuzz. The acquisition will allow To The New to integrate social media analytics into its digital…