Deal Alert: Blume Ventures discloses investments in 12 firms
Seed fund Blume Ventures has disclosed that it has invested in 12 ventures in the first six months of 2013. Infollion: Delhi-based Infollion brings together buyers and sellers of research…
Deal Alert: Ice cream vendor Hokey Pokey raises capital
Drums Food International, owner of the Hokey Pokey brand of ice cream, has raised less than a million dollars from investors led by Peter Rajsingh, a partner at New York-based…
Deal Alert: Sequoia, Norwest to invest $10-M in outdoor-gear maker Wildcraft: report
Sequoia Capital and Norwest Venture Partners are backing Bangalore-based outdoor-gear maker Wildcraft with a $10-million investment. The funds are valuing the backpack and rucksack brand at nearly $50 million. The…
Deal Alert: MS Dhoni invests in sports goods and apparel brand Fitsoul
Cricketer Mahendra Singh Dhoni has invested in sports goods and apparel brand Fitsoul, a venture backed by ex-Reebok honcho Sajid Shamim and entrepreneur Parvinder Singh. Fitsoul, launched seven months ago,…
Deal Alert: TLabs inv in US-based travel info service Skift
New York based travel intelligence and information portal, Skift, has raised funding from Times Internet Limited. The terms of the deal do not involve a board seat. Skift, which offers…
Deal Alert: ATM outsourcing company EPS raises Rs.36-Cr more from Aavishkaar
ATM outsourcing company Electronic Payments and Services (EPS) has raised $6 million (Rs 36 crore) from Social VC fund Aavishkaar. This is the second round of funding for the start-up…
Deal Alert: Sachin Tendulkar picks up 18% in sports simulator firm Smaaash Entertainment
Crickter Sachin Tendulkar has picked up an 18% stake in Smaaash Entertainment, the sports simulation venture, started by serial entrepreneur Shripal Morakhia. Morakhia earlier founded brokerage firm Sharekhan and investment…
Deal Alert: Sequoia invests Rs.110-Cr in Vini Cosmetics
Sequoia Capital has bought a minority stake in Ahmedabad-based Vini Cosmetics Pvt. Ltd for Rs.110 crore. Of this, Rs.35 crore was used to purchase the stake of an unnamed investor.…
Deal Alert: Tata Capital, Morgan Stanley invest Rs.350-Cr in MFI Janalakshmi
PE funds including Tata Capital and Morgan Stanley Global Private Equity will pick up a significant minority stake in fourth round of funding for urban micro-lender Janalakshmi Financial Services for…
Will Indian Entrepreneurs’ Satisfaction with Small Outcomes “Scare Away” VCs to Other Countries?
From a post by Mukund Mohan of Microsoft Ventures As we start to invest in the early stage startup ecosystem in India, it is important to calibrate the possible returns…