Sujal Shah, co-founder and CEO at Freecultr.com, has stepped down from his position at the company. Shah will be replaced by Freecultr co-founder Sandeep Singh. Prior to this, Singh worked…
New Delhi-based NBFC India Finsec has filed the DRHP for an IPO of 6,000,000 equity shares aggregating to Rs.6 crore, constituting 30.86% of the post issue paid up capital of…
New Delhi-based vDeliver, which provides logistics services to e-commerce startups, is looking to raise angel funding. The company, co-founded by Ruby Singh, Abhinav Kumar, Aditya Kumar Batra and Rajat Kumar,…
Bangalore-based car rental service Zoom which launched recently has raised $230,000 of seed capital from high net worth investors and angel groups in the US, UK, and India. Marquee investors…
Aavishkaar, via its Aavishkaar India II Fund, has made further investment in Orissa based dairy company Milk Mantra. The investment happened in December 2012. Aavishkaar has invested Rs.3 crore as…
Indix secures $4.5 million in Series A funding from Nexus Venture Partners and Avalon Ventures Indix today announced that it had secured $4.5 million in new funding from leading venture…
Pepperfry.com, an online lifestyle store run by Mumbai-based Trendsutra Platform Services Pvt. Ltd, has raised $8 million from Norwest Venture Partners (NVP) in its second round of funding. The proceeds…
Mumbai-based Invision Air, which provides a private jet charter servie aimed at corporate travelers and also sales and maintenance services of private aircrafts, is looking to raise $27 million in…
Saturday (April 6): 4:00 pm & Sunday (April 7): 4:00 pm CNBC-TV18 will telecast a special panel discussion on Private Equity this weekend featuring: K.P.Balaraj, Founder & MD, WestBridge Capital…
IFC is to invest in Chennai-based microfinance firm Suryoday Microfinance Pvt. Ltd. via quasi-equity and senior debt. Suryoday has a borrower base of approximately 145,000 borrowers and a gross loan…