Deal Alert: CashKaro to raise $750-K from UK angels
Cashkaro.com, a subsidiary of UK-based Pouring Pounds is to close its first round of funding of Rs 4.5-5 crore ($750,000) from a group of angel investors in London. Cashkaro is…
PE Investments in Real Estate Perk up in Q2’13
Private Equity-Real Estate firms made 13 investments (amounting to $318 million across 12 deals with disclosed values) during the quarter ended June 2013, according to the data from Venture Intelligence.…
Deal Alert: Streaming app maker Nityaa Labs selected for GSF Accelerator
Nityaa Labs, a Pune-based developer of AirStream, an app using which users can stream media content and other files from their PC to smartphone, has been selected to be a…
Deal Alert: Kalaari Capital invests Rs.22-Cr in app development firm Robosoft
Udupi-based mobile application developer Robosoft Technologies has raised Rs 22 crore in a first round of funding from Kalaari Capital. Robosoft creates mobile applications for external clients and also creates…
Why the Hungama about Hotels?
Businessworld has a Cover Story on why “Everyone wants to own a hotel in India. And that is leading to a complex mating ritual between all sorts of players”. Everyone…
Deal Alert: Gray Matters Capital invests in Unitus Capital
Bangalore-based impact investment bank Unitus Capital has raised capital from a consortium of investors led by social venture capital firm Gray Matters Capital. The proceeds from the second round of…
New Fund Alert: Pharma firm Cipla floats corporate venturing arm
Drug maker Cipla has launched Cipla Ventures, a new in-house division to invest in companies internationally, including from start-up hubs like Boston and London, in areas such as biotechnology, medical…
Deal Alert: K. Ganesh, Meena Ganesh acquire 35% in OnlinePrasad
GrowthStory.In, the investment arm of serial technology entrepreneurs, K Ganesh and Meena Ganesh, has picked 35% stake in OnlinePrasad, a Bangalore-based venture that delivers religious merchandise from temples to people’s…
Deal Alert: Minjar Cloud Solutions acquires social apps firm Adepto
Bangalore-based Minjar Cloud Solutions has acquired start-up venture Adepto Solutions, which offers a platform to launch customized applications on Facebook and other social media. Adepto had “pivoted” its business from…
Redbuzz and the Future of Indian Venture Capital
While June began with the IPO of JustDial, the second “pure play” Internet company to list publicly in India, mid-month has been all about Naspers/ibibo acquiring redBus. Some interesting takes:…