Goa based e-commerce enabler PowerStores has raised around $ 2 million funding from a Hong Kong-based angel investor. The portal allows businesses to create and manage content and e-commerce based…
German-state owned development bank KfW has acquired a 30% stake in Invest India Micro Pension Services Private Limited (IIMPS). Other major existing shareholders of IIMPS are UTI Asset Management Company…
Coimbatore-based electric bike company Ampere has raised its first round of funding of Rs 20 crore from Forum Synergies and Spain’s Axon Capital in return for a minority stake. The…
Bangalore-based commodity software maker Eka Software Solutions has invested $20 million (Rs. 120 crore) to completely acquire MatrixGroup, an Adelaide, Australia-based commodity handling software vendor in an all cash deal…
Veto or affirmative rights are designed to prohibit an investee company from acting on matters which are meant to protect the value of an investor’s investment without the approval of…
Bangalore-based Nreach Online Services Pvt Ltd, which operates online gifting platform Giftxoxo.com, has raised angel funding from Kshatriya Ventures. The funds will be used to expand the company’s operations in…
E-commerce major Flipkart has secured a fresh round of funding $200 million from existing investors Naspers, Accel Partners, Tiger Global and ICONIQ Capital. The deal values Flipkart at $1.5 billion,…
Vaultize, a Pune based enterprise file sharing and sync (EFSS) and mobility vendor, has raised funding from Tata Capital Innovations Fund. Founded by Anand Kekre in 2010, Vaultize provides a…
IndiaOrders, an online platform for offline stores, has raised funding from Vijay Group, a real estate company in Mumbai owned by Ateev Gala. With its affiliate model, Mumbai- and Pune-based…
Gurgaon-based Pluss Polymers has raised Rs 15 crore in venture capital funding from Tata Capital Innovations Fund, a fund managed by Tata Capital, to help the company in its research,…