Deal Alert: Jungle Ventures, Samir Bangara invest in mobile payments firm Pokkt
Mobile advertising platform Pokkt has raised funding from Jungle Ventures and Samir Bangara, the Co-Founder & Managing Director of Qyuki. Pokkt is an alternate mobile payment platform for people wanting…
Deal Alert: Rural utility vehicle maker Evomo raise funds from IIM-A’s CIIE
Ahmedabad based Evomo Research & Advancement Pvt. Ltd, a rural transportation enterprise, has raised funds from IIM Ahmedabad’s Centre for Innovation Incubation & Entrepreneurship (CIIE). The company will use the…
Deal Alert: Godrej Consumer to buy 30% stake in salon chain B:blunt
FMCG firm Godrej Consumer Products Ltd (GCPL) entered the hair salon segment with the acquisition of 30% stake in Mumbai-based premium hair salon chain B:Blunt Hair Dressing Pvt Ltd. B:Blunt…
Deal Alert: Nagpur social travel startup Touristlink joins African accelerator program
Holiday Deals Pvt Ltd, a Nagpur-based firm that runs social travel network Touristlink.com, has joined Kenya-based accelerator 88mph (88mph.ac). The start-up, founded by David Urmann and Jayesh Bagde, has also…
Deal Alert: The Morpheus incubates interior designer aggregation service Dwll.in
Mumbai-based P&P Associates, which runs online portal Dwll.in, has been selected for incubation by Chandigarh-based The Morpheus. Dwll allows home and business owners to choose interior designers through its platform…
Deal Alert: Aavishkaar Goodwell leads Rs.21-Cr investment in Swarna Pragati Housing Microfinance
New Delhi-based Swarna Pragati Housing Microfinance has received primary infusion equity of INR 210 million led by Aavishkaar Goodwell, a financial inclusion fund. Existing investor Asia Pragati, a NBFC backed…
Deal Alert: Matrix Partners India invests in Stayzilla.com
Matrix Partners India today announced that it has acquired a significant minority stake in Stayzilla.com, as the sole investor in the first institutional round of equity funding for the Company.…
Vikram Akula and SKS Microfinance: The Saga Renews
Economic Times has a feature on SKS Microfinance and the company’s founder Vikram Akula pegged on the recent move by SKS Trust which holds a 12.6% in the publicly listed…
PE investments decline 67% to $1.3 B in Q3’13; 9 month figure drops by 38%
IT deals claim 45% of pie; Buyouts in Manufacturing on the Rise Private Equity firms invested about $1,300 million across 75 deals during the quarter ended September 2013, according to…
The Alliance Tire Story
Forbes India has an interesting profile of how Yogesh Mahansaria and his father – who had to leave off-road tyre maker Balkrishna Tyres post a family split – rebuilt a…