Deal Alert: Acumen invests $750-K in low cost diagnostic chain Asian Health Alliance
Social VC Acumen Fund has invested $750,000 in Bangalore-based Asian Health Alliance which owns and operates low cost diagnostic services under the brand name Asian Health Meter. The investment will…
Deal Alert: Matrix Partners joins Tiger Global for Olacabs’ $20-M second round
Mumbai-based ANI Technologies Pvt. Ltd which runs online cab booking service, Olacabs, has raised Series B funding from Tiger Global and Matrix Partners India. The fresh funding would be channelized…
Deal Alert: ApartmentADDA raises capital from Sharad Sharma, others
Bangalore-based startup ApartmentADDA that provides online software to manage residential complexes has raised funds from a group of Silicon Valley and Indian investors. The angel investors include Bhupen Shah, Sharad…
Deal Alert: Voice biometric firm Incights raises Rs.1-Cr
Incights Mobile solutions, a start-up company making voice-based biometric solutions, is raising about Rs 1 crore angel funding. The funds will be used for enhancing its capabilities and marketing. Source:…
Deal Alert: Sequoia, Info Edge invest Rs.228-Cr in online restaurants reviews service Zomato
Online food and restaurant listings platform Zomato has raised INR 227.6 crore from Sequoia Capital India and existing investor, publicly listed Info Edge, owner of online businesses including Naukri.com. Of…
Deal Alert: Microsoft Ventures invests in Bookpad and Praxify
Microsoft Ventures has invested in Pune-based Xtremum Solutions, maker of Praxify, a SaaS solution that enables doctors and clinics to manage their clinical practices. It has also invested in Bangalore-based…
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…