Shree Shubham Logistics Limited (“SSLL”),a subsidiary of Kalpataru Power Transmission Limited (KPTL) has signed an agreement with Tano India Private Equity Fund II to raise Rs 80 crore to fund…
Bangalore-based micro, small, and medium enterprises (MSME) lending company Kinara Capital has raised about Rs.5.4 crore ($1 million) in a Series A round led by Sorenson Impact Foundation. The other…
Singapore-based VC firm Jungle Ventures has invested in Bangalore-based mobile technology company ZipDial Mobile Solutions as it expands its business in the Southeast Asian markets. ZipDial has just launched operations…
Asian Healthcare Fund (AHF), a PE firm floated by Dabur Group chairman Anand Burman and former Dabur Pharma CEO Ajay Kumar Vij, is close to investing Rs.40-50 crore in Mydentist,…
IFC is to make a quasi equity investment in Chennai-based IFMR Rural Channels & Services Pvt. Ltd., an investment & distribution company founded by the IFMR Trust. IFMR Rural provides…
Hong Kong-based hedge fund OCP Asia Ltd. has invested $15 million HomeShop18, the Noida-based teleshopping arm of publicly listed Network18 Media & Investments Ltd. Network18 will also invest a similar…
From Business Today: Retirement homes have always been a popular concept in the West. But they were relatively slow to take off in India where for the longest time they…
Hong Kong startup accelerator AcceleratorHK is announcing the second iteration of its 14-week program. The accelerator is accepting applications, both from local and overseas startups, between April 9 and April…
Eventifier, a Mangalore based startup promoted by Jazeel Ferry, Nazim Zeeshan and Mohammed Saud, has raised a round of funding from Kae Capital. Eventifier allows a user to collate all…
Online babycare products e-tailer Babyoye has acquired its competitor Bangalore-based Hoopos in an all stock deal. The merged entity has also raised funding of $12 million (Rs.64.8 crore) led by…