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…
Economic Times has an interesting interview with Sequoia Capital’s Silicon Valley-based partner Douglas (Doug) Leone on the firm’s investments in India and elsewhere. Extracts (emphasis mine): On why Sequoia is…
Noida-based lingerie e-tailer Cloe has raised an investment from a group of investors in Germany “with deep roots in consumer retail and Internet”. From the Venture Intelligence PE Deal database:…
Retail brand Biba Apparels has acquired 26.66% stake in Anjuman Brand Designs which is engaged in the business of designing, manufacture and sale of garments under the brand name “ANJU…
Former Infosys board member V Balakrishnan has invested Rs 25 lakh in Bangalore-based IT solutions provider Avekshaa Technologies. Balakrishnan has joined Avekshaa’s board as an independent director and is mentoring…
V Resorts, a Noida-based company aggregating boutique hotel chains, has raised close to $2 million (about Rs. 12 crore) in pre-series A funding from Seedfund. V Resorts, founded by Aditi…
Bollywood actor Shah Rukh Khan (SRK) has signed on as the brand ambassador for fashion e-tailer Yepme in a deal that is structured in a such a way that lets…
Mumbai-based Timesaverz, a platform to obtain people for home services, has raised seed funding from a clutch of angel investors led by former Yahoo executive Neville Taraporewalla and GSF Accelerator…