Deal Alert: India Quotient invests in sandwich restaurant chain Inbetween
Seed stage VC investor India Quotient has invested in InBetween, a quick food startup that specializes in sandwiches. InBetween has three outlets in Mumbai – at Kalina, Powai and Mahakali…
Deal Alert: Silver Lake leads Rs. 250-Cr round for commodities trading software firm Eka Soft
Silver Lake via its growth capital fund, Silver Lake Kraftwerk, is leading a INR 250 crore funding round for a significant minority stake in Eka Software Solutions, a Bangalore-based provider…
Deal Alert: Data backup software firm Druva raises $25-M Series C led by Tenaya Capital
Data security solutions company Druva has raised $25 million in Series C funding led by US-based Tenaya Capital with participation from existing investors Sequoia Capital India and Nexus Ventures. Tom…
Deal Alert: IDG, Inventus invest $2-M in product recommendation engine Unbxd
Unbxd, a Bangalore-based startup focused on product recommendation, has raised a Series A round of $2 million (Rs 12.4 crore) from Inventus Capital Partners and IDG Ventures India. The funds…
Deal Alert: Aarin, Accel, IDG & Kitven invest Rs.27.5 Cr in biopharma co Theramyt
Aarin Capital, Accel Partners, IDG Ventures as well as Karnataka state government-backed KITVEN have invested INR 27.5 crore in Bangalore-based biopharma company Theramyt Novobiologics. Theramyt is developing therapies for cancer,…
Deal Alert: JustUnfollow acquires app maker behind JustMigrate and 3Crumbs
JustUnfollow, a provider of a Twitter management app, has acquired blog migration tool JustMigrate and social discovery app 3Crumbs, both developed by Borget Solutions. The founders of Borget Solutions will…
Deal Alert: Flipkart tops up 5th round with addl $160-M
E-commerce leader Flipkart received an additional $160 million from new investors Morgan Stanley Investment Management, Dragoneer Investment Group, Sofina and Vulcan Capital as well as existing investor Tiger Global. The…
Deal Alert: Apax buys out outsourced product development firm GlobalLogic for $420-M
Apax Partners has acquired US- and India-based, VC-backed outsourced product development firm GlobalLogic for $420 million (Rs 2,578 crore). Founded in 2001 as IndusLogic, GlobalLogic, founded by Rajul Garg, Sanjay…
Deal Alert: Sequoia to invest Rs.24.7 Cr in process automation software firm Idea Device
Sequoia Capital India has invested $4 million (INR 24.7 crore) in Idea Device, a Bangalore-based process automation startup. Founded by former Oracle executives Saju Pillai and Aaditya Sood in 2009,…
Deal Alert: Hyderabad Angels, VertExperts invest in online personal finance firm IndianMoney.com
Bangalore-based Suvision Holdings Pvt Ltd, which runs financial education company, IndianMoney.com has raised funding from Hyderabad Angels. Pradeep Mittal, former head of Magna infotech’s Indian operations, has joined the company’s…