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:…
Deal Alert: Taxiforsure raises new round from Accel, Blume & Helion
Online taxi aggregator Taxiforsure has raised its Series A round from its seed investors Accel Partners, Helion Venture Partners and Blume Ventures. Taxiforsure claims to clock around 2000 bookings per…
Deal Alert: Blume, Mumbai Angels, MMT co-founder invest in WeAreHolidays
Holiday recommendation startup, WeAreHolidays, has raised a seed round of funding from Blume Venture Capital, Mumbai Angels, MakeMyTrip co-founder Sachin Bhatia and another undisclosed angel group. The company is developing…
Deal Alert: responsAbility invests in portable sanitation services company Saraplast
Saraplast, India’s leading portable sanitation services company, receives investment from a fund of responsAbility. Saraplast is India’s leading provider of portable toilet sanitation services that cater to the underserved segment…
Deal Alert: Asian Healthcare Fund invests Rs 22-Cr in Wellspring Healthcare
Asian Healthcare Fund (AHF), along with existing investors, has invested Rs. 22 crore in Wellspring Healthcare, which operates a chain of primary healthcare clinics under the brand name Healthspring Community…
Deal Alert: Nexus backed Cloudbyte secures second round of funding
CloudByte Raises New Funding to Meet Increasing Customer Demand in the Cloud Service Provider and Enterprise Private Cloud Markets Fidelity Worldwide Investment Leads Series B Funding Round to Help Storage…
Deal Alert: Local TV ads firm Amagi raises Rs.30-Cr from Mayfield, existing investors
Amagi Media Labs which offers advertisers to buy ad spots on TV channels in India has raised close to Rs 30 crore from Mayfield Fund and existing investors, Nadathur Group…
Deal Alert: Omnivore invests in fruit & vegetable fly trap firm Barrix
Omnivore Partners has invested in Bangalore based Barrix Agro Sciences Pvt Ltd, a maker of fruit and vegetable fly traps. Subhadeep Sanyal, Investment Manager at Omnivore Partners, has joined the…
Deal Alert: YourStory acquires social enterprise platform ThinkChange India
Online media and events firm YourStory.in has acquired social enterprise platform ThinkChange India. ThinkChange India will be merging with SocialStory, YourStory.in’s online platform focusing on the social enterprise and impact…
Deal Alert: German firm Delivery Hero invests addl $5-M in online food ordering service TastyKhana
Berlin-based global online food ordering and take-out service Delivery Hero has invested $ 5 million in Pune-based food delivery site TastyKhana at a $16-18 million valuation. Prior to this, DeliveryHero…