How Piramals cracked the Private Equity in Real Estate puzzle
From the Forbes India profile: Given the scope of its services, while all realty funds have a takeover clause in their contracts, Piramal Fund Management has the actual capability to…
Deal Alert: Chennai Angels leads Rs.6-Cr investment in jewellery e-tailer Velvetcase
Mumbai-based online designer jewellery marketplace Velvetcase has raised more than $1 million in a funding round led by Chennai Angels. Jacob Kurian, partner at PE firm New Silk Route; Arihant…
Deal Alert: Flipkart founders invest in gaming start-up MadRat Games
Flipkart founders Sachin Bansal and Binny Bansal, have made an investment in an offline games start-up MadRat Games. The other investors who have participated in the funding round of about…
Deal Alert: Blume invests Rs 3-Cr in online travel info services firm RailYatri
Blume Ventures has led a Rs.3 crore investment round in Noida-based Stelling Technologies, which owns and operates web and mobile app RailYatri.in. The company had earlier raised funding from Ujama…
Deal Alert: Villgro invests in 7 new startups
Social enterprise incubator Villgro has invested in seven start-up taking its incubation portfolio to 10 companies. Kamal Kisab, Flybird Innovations, VectorDoc, SustainEarth, SkillTrain, MicroX Labs and Bempu, all early-stage companies,…
Fund Alert: Bill Gates invests in Unitus Seed Fund
Bill Gates has made a personal investment in impact investment fund Unitus Seed Fund. Unitus invests in India through two funds — Unitus Seed Fund India, a Sebi-registered venture capital…
Deal Alert: Online clothing brand VoxPop raises Rs.6-Cr in fresh funding
Web-only merchandising brand VoxPop Clothing has raised INR 6 crore ($1 million) led by existing investor Blume Ventures. The funds would be utilised to increase product category in higher margin…
Deal Alert: YourNest, Udaan Angel Partners invest in online ads firm NLPCaptcha
Simpli5d Technologies, which operates digital ad platforms like NLPCaptcha, NLPVideo and NLPMobile, has raised seed funding led by Your Nest Angel Fund with participation from Udaan Angel Partners. The funds…
Deal Alert: USF invests in e-marketplace operator for mini-trucks Blowhorn
Unitus Seed Fund has led the seed round investment in Bangalore-based Blowhorn, an online marketplace for last mile logistics. Blowhorn offers a tech platform connecting owners of mini-trucks to consumers…
“Incremental reforms will push up growth, but fail the youth”: Former Chief Economic Adviser Shankar Acharya
Writing in Business Standard, former chief economic adviser to the government Shankar Acharya has evaluated the notable economic and financial developments during the first six months of Modi Sarkaar. Extracts:…