Deal Alert: Just Dial gains 19% on listing
The Internet and mobile-based search company Just Dial gained about 19% in intraday on its first day upon listing. The company’s opening price on listing was Rs 590 on the…
Deal Alert: Digital ad network Adfederal Media merges with Lyxel Digital; combo to raise funding
Delhi-based digital ad network AdFederal Media has merged its operations with Gurgaon-based Dynamis Partners backed proprietary digital advertising start-up Lyxel Digital. Founded in 2010, AdFederal focuses on behavioural analytics based…
Deal Alert: Nexus Venture Partners invests in Housing.co.in
Housing.co.in secures $2.5m funding from Nexus Venture Partners To establish Data Science Lab (DSL) and develop breakthrough new technologies Housing.co.in, the fastest growing completely map based real estate search portal…
Deal Alert: Canada’s Valent acquires online luxury portal Bornrich
Online luxury publication, BornRich.com, has been acquired by the Canadian-based internet firm Valnet Inc. The online magazine, featuring lifestyle content, has a global reach of over 2.5 million readers with…
Deal Alert: Wipro invests $5-M in M2M platform provider Axeda
Wipro has made a $5-million investment for a minority stake in Axeda, a provider of cloud-based service and software for managing connected products and delivering machine-to-machine (M2M) applications. Wipro has…
Deal Alert: Car sharing service Zoom raises $30K angel funding from Larry Summers
Bangalore-based ZoomCar India Pvt Ltd, which operates the membership-based car rental service ZoomCar.in, has raised $30,000 in angel funding from the former US treasury secretary Larry Summers in the form…
Deal Alert: Blue Star Infotech invests in analytics firm Activecubes
Publicly listed Software services and solutions provider Star Infotech has bought a stake in Activecubes Solutions India. Started in 2007, Bangalore-based Activecubes provides business intelligence and analytics services to clients…
Deal Alert: FirstPost acquires satire site FakingNews.com
Network18’s online news portal FirstPost.com has acquired FakingNews.com, a satire portal, for an undisclosed amount. FakingNews.com will remain as a standalone entity and founder Rahul Roushan will remain its editor.…
Deal Alert: Snapdeal acquires Sequoia backed Shopo.in
Online group buying service Snapdeal.com has acquired the assets of Shopo.in, a portal for Indian designer and handcrafted products. Shopo’s investors included Sequoia Capital and Sashi Reddi, among other angels.…
Deal Alert: HCG buys majority stake in fertility clinic BACC
Bangalore-headquartered cancer care specialist HealthCare Global (HCG) has bought a majority stake in the Dr Kamini A Rao-founded Bangalore Assisted Conception Centre (BACC). BACC currently has had four centres in…