Michael & Susan Dell Foundation (MSDF) has invested INR 12.4 crores in Edutel Technologies, a Bangalore-based provider of virtual classrooms for students in government and low-fee private schools. The company…
Aspada Investment Company has made a commitment of INR 11 Crore ($1.8 million) to Xamcheck, a third-party assessment, test design, and feedback solution for K-12 schools in India. Xamcheck was…
Bangalore-based financier for the micro, small, and medium enterprises Kinara Capital has received an equity investment from the Michael & Susan Dell Foundation. The Dell family foundation will hold a…
PE firm Carlyle’s India MD Shankar Narayanan and angel group ah! Ventures have invested INR 1.5 crore in Mumbai-based Testbook which provides free mock tests for entrance exams such as…
Indian Angel Network’s UK operation has announced an investment in Lowdownapp Ltd, a London based meeting management app maker that offers users a snapshot and in-depth view of attendee information,…
US retailer Target Corporation has roped in a second set of start-ups for its accelerator programme based in Bangalore. While the first batch focused on themes like personalisation search, content…
In a “shotgun wedding“, the long term ramifications of which were somewhat drowned amidst the Diwali break last week, the Union Government has ordered the forced merger of two private…
Bangalore-based outsourced software product development firm ‘People 10’ has raised about INR 10 crore from US-based fund Ideaworks Partners in a Series A round of fundraising. Founded in 2011, the…
Last-minute hotel booking start-up HotelsAroundYou has raised seed funding from more than 10 angel investors associated with early-stage accelerator VentureNursery. The investors include Patni scions Amit and Arihant, Aditya Birla…
Notemybook, a start-up based in Mumbai that aims to make books available to students at 40% less cost, has been incubated at Vivekanand Education Society’s Institute of Technology (VESIT) located…