Fund Alert: 5ideas closes first seed fund Startup Superfuel
5ideas announces the first close of Startup Superfuel, a seed stage fund that provides early stage tech start-ups a blend of human, financial and social capital. Start-up Superfuel is the…
Deal Alert: Beauty products etailer Purplle.com raises Series A funding
Mumbai based beauty and skincare e-retailer Purplle.com has recently closed a Series A funding from non-VC investors, to follow up on its angel round last year. Founded by Manish Taneja…
Deal Alert: Unitus, Mumbai Angels invest in handyman services firm Jack On Block
Global investment firm Unitus Seed Fund has completed its investment in Bangalore-based facilities management company Jack On Block, which offers handyman and maintenance services to homes and small businesses. Along…
Banking Vs I-Banking: A Question of Spice Levels
Uday Kotak in Outlook Business (emphasis mine): From an investment banking perspective you need to offer what investors want at all times, but as a lender you need to decide…
Fund Alert: Habit Fund to raise $100-M early stage fund
Manipal Education and Medical Group head Ranjan Pai and former Infosys director Mohandas Pai are investing in a new accelerator – The Habit Fund – which will back early-stage social…
Fund Alert: Soros Economic Development Fund backs Aspada Investment with $10-M
Aspada Investment Company has received a $10 million commitment from Soros Economic Development Fund (SEDF). Aspada, led by Kartik Srivatsa and Thomas Hyland, will make both equity and debt-like self-liquidating…
Deal Alert: Knewcleus acquires learning solutions startup X2PN
Bangalore-based education management software firm Knewcleus has acquired X2PN E-Learning, a fellow Bangalore-based firm that has built apps with a strong gamification angle. The X2PN acquisition will help Knewcleus improve…
Deal Alert: Aspada invests in Lawrencedale Agri Processing
Aspada Investment Company has made its first ever investment in Lawrencedale Agri Processing, an end-to-end fresh vegetable supply chain company that operates in the Nilgiris belt in South India. Lawrencedale…
Deal Alert: Qubecell raises seed round from Kae Capital, Blume, others
Qubecell, a Mumbai-based mobile billing aggregator, has raised seed funding in a round led by Kae Capital, with participation from Blume Ventures, Mumbai Angels and Russian investor TA Ventures. The…
Deal Alert: Omnivore Capital invests in pork products firm Arohan
Omnivore Partners has bought a significant minority stake in Guwahati-based Arohan Foods Pvt. Ltd., the country’s first pork integrator. Omnivore is an early stage VC fund backed by Godrej Agrovet…