The Technology for Impact Accelerator program for business creating social impact, an initiative by CIIE- IIM Ahmedabad and Village Capital, has announced its first batch of 16 startups. The accelerator…
Varanasi-based microfinance institution Utkarsh Micro Finance has closed a Rs.20 crore round of equity financing led by existing investors Aavishkaar Goodwell, IFC and Norwegian Microfinance Initiative (NMI). The NBFC will…
Gurgaon-based Etechaces Marketing and Consulting Pvt. Ltd., which runs online financial services platform Policybazaar.com, has secured about Rs.27 crore ($5 million) of Series B funding. The funding, led by Inventus…
Mosambee, a Mumbai based mPoS solution provider, has raised seed funding of around $1 million from SIDBI Ventures. The funding will be used for marketing and scaling of services. Last…
Online fashion and lifestyle products retailer Myntra has acquired San Francisco based technology platform provider FITIQUETTE. The acquisition was made partly in stock and partly in cash. FITIQUETTE has developed…
Adways Inc, an affiliate marketing firm listed on the Tokyo Stock Exchange, has acquired 13.8% in Indian Internet marketing company VC Internet Media, which operates an affiliate advertising network vCommission.…
New Delhi-based microfinance institution (MFI) Satin Creditcare Network Ltd. (SCNL) has raised Rs.41 crore from VC firms MicroVest II, LP, ShoreCap ll Ltd and Danish Microfinance Partners K/S. The promoter…
“From an Entrepreneurs’ perspective, Singapore is a great place to operate from. If you are starting a (VC fundable) venture now, I would recommend having your headquarters/holding company in Singapore…
In February 2013, the publicly listed Strides sold its injectable medicine business, Agila Specialties, to US drug giant Mylan Inc. From the Business Today profile: Son of a government official,…
Bangalore-based Canbank Venture Capital Fund has invested nearly Rs.20 crore in GNRC Hospitals which is setting up an 300-bed hospital in North Guwahati. The total project cost is close to…