Deal Alert: Manipal Integrated Services acquires youth hostel firm Woodstock Ambience
Manipal Integrated Services, a part of Manipal Education and Medical Group (MEMG), has acquired Woodstock Ambience, a Bangalore-based provider of gated living for students and young professionals. Woodstock Ambience has…
Deal Alert: Matrix makes first round investment in digital entertainment distribution service Biscoot
Matrix Partners India has invested as the sole investor in the first institutional round of funding for Shotformats Digital Works, a digital entertainment and distribution company that offers a mobile…
Deal Alert: Yash Technologies acquires manufacturing focused IT Services firm SpectraSoft
IT service provider Yash Technologies has acquired Chennai-based SpectraSoft Technologies, a leading business solutions specialist for process industries and SAP channel partner. SpectraSoft has been serving customers in the life…
Deal Alert: Ru-Net leads Rs.31-Cr Series B round for AppsDaily
Mumbai-based mobile application development and distribution company AppsDaily (formerly Onward Mobility) has received a Series B round of INR 31 crore from new investor Ru-Net and existing investors IndoUs Ventures…
Deal Alert: Sequoia leads Rs. 100-Cr investment in maternity hospitals chain Cloudnine
Sequoia Capital India has led a Rs 100 crore investment into Bangalore-based company Cloudnine, which runs a network of five specialty maternity care hospitals. Existing investor Matrix Partners India also…
Deal Alert: 500 Startups invests in mobile advertising firm SilverPush
Gurgaon-based mobile advertising company SilverPush is among the 30 start-ups selected for the accelerator program of US-based 500 Startups. The company, founded by Hitesh Chawla and Mudit Seth, was earlier…
Off Topic: The License-Permit-IT Raid Raj Is Alive & Kicking Onion Eaters
The Hue and Cry over onion prices hitting Rs.100 pr kg, made me revisit this Economic Times feature (written on Oct 1, when the prices were Rs.80 per kg) which…
Deal Alert: Tata Capital leads Rs.40-Cr investment in oncology solutions provider Mitra Biotech
Tata Capital Innovations Fund, managed by Tata Capital, along with existing investors India Innovation Fund and Accel Partners, will invest about Rs 40 crore in the Series B funding for…
Deal Alert: Tata Capital invests Rs.32-Cr in IFMR Rural Channels
Tata Capital Limited, via Tata Capital Special Situations Fund, has invested INR 32 Cr in Chennai-based IFMR Rural Channels and Services Private Limited (IRCS). In March 2012, IRCS had raised…
Deal Alert: Mumbai Angels invests in SkillWiz and MangoSense
SkillWiz, a career assessment company has raised funding from Mumbai Angels and other angel investors from India and Singapore. The firm will use the funds for product development, hiring talent,…