Deal Alert: Wipro to acquire US-based mortgage risk mgmt firm Opus CMC for $75-M
Listed IT services firm Wipro is to acquire US-based mortgage due diligence and risk management service provider Opus CMC (Opus Capital Markets Consultants) for $75 million (Rs 465 crore). The…
Deal Alert: Accel, Kae Capital invest $500-K in Eventifier
Eventifier, an 18 month-old startup that provides event archiving service, has secured an investment of $500,000 from Accel Partners and KAE Capital. Founded by Jazeel Badur Ferry, Nazim Zeeshan and…
Deal Alert: Accel, Ventureast invest Rs.48-Cr for 30% in K.Ganesh’s in-home healthcare firm Portea
Accel Partners and Ventureast have together acquired 30% stake in Portea Medical, a tech-enabled, in-home healthcare services company, majority-owned by serial entrepreneur duo Krishnan Ganesh and Meena Ganesh. Accel and…
Rajiv Bajaj, The Maverick Scion
From the Business Today cover story profile of the Bajaj Auto Managing Director in the context of Bajaj Auto’s plans to launch a controversial Quadricyle: The company had already proved…
Startup Events Galore
From a Business Today article on the phenomenon: Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) &…
Deal Alert: RVCF, IvyCap join existing investor IDG in follow-on funding for security tech firm Aujas
Information risk management services company, Aujas Networks has raised Series B funding from Rajasthan Venture Capital Fund (RVCF), IvyCap Ventures and existing investor IDG Ventures India. Girish Gupta of RVCF…
Deal Alert: Freshdesk raises $7-M funding from Accel Partners, Tiger Global
Chennai-based online customer support and helpdesk solution company Freshdesk has raised $6.99 million from venture capital firm Accel Partners and Tiger Global in a fresh round of funding. From the…
Deal Alert: Omnivore buys minority stake in aquaculture diagnostics equipment firm Eruvaka
Agri-business focused Investment firm Omnivore Partners has bought a minority stake in Eruvaka Technologies Pvt. Ltd, a Vijayawada-based maker of diagnostic equipment for aquaculture farmers. Eruvaka Technologies, founded last year,…
Deal Alert: Experifun, Sudiksha receive seed funding from Edupreneurs
Education start-ups Experifun and Sudiksha Knowledge Solutions have been selected for seed funding in the inaugural ‘Edupreneurs’ programme, a partnership of Pearson and Village Capital. Led by a team of…
Deal Alert: KKR invests $200-M in Gland Pharma
Gland Pharma Limited (“Company” or “Gland Pharma”), a leading Indian pure-play generic injectable pharmaceutical products company, today announced an agreement under which KKR, a leading global investment firm, will acquire…