Deal Alert: Google invests $3.5 M in 10 Indian social impact projects
Google has invested nearly $3.5 mn in 10 Indian social impact organizations that were picked through a competition. Google Impact Challenge picked four winners who will receive $500,000 and six…
Deal Alert: Ananya Finance raises Rs.18-Cr from ISIS Fund, IDBI Bank
Ananya Finance for Inclusive Growth Private Ltd, a Non Banking Financial Company (NBFC) promoted by Indian Foundation for Inclusive Growth (IFIG) Trust, has raised INR 18 crore Series A equity…
Deal Alert: UK’s DFID to invest Rs 42-Cr across Glocal Healthcare, Gramco Infratech, Shikhar Dairy
The British Government’s Department for International Development (DFID), through its Rs 400 crore (40 million pounds) Samridhi Fund, will invest 4.2 million pounds (Rs 42.38 crore) in Glocal Healthcare System…
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…