McDonald’s Fracas with its Indian Joint Venture Partner
From The Economic Times’ feature on the unfolding legal battle between the fast food giant and Vikram Bakshi, its partner in the joint venture (Connnaught Plaza Restaurants) for Northern and…
Deal Alert: Seedfund invests in hotels software firm Axis Rooms Travel
Seedfund has invested in Axis Rooms Travel Distribution Solutions, a maker of hotel room management software that enables hotels to update and share their inventory status with agents and online…
Deal Alert: L’Oreal acquires skin care products maker Cheryl’s Cosmeceuticals
Paris, France-based cosmetics and beauty products maker L’Oreal has acquired Mumbai-based Cheryl‘s Cosmeceuticals, marking L’Oreal’s first acquisition in the Indian market. Cheryl’s Cosmeceuticals, founded in 1986 by Oscar and Cheryl…
Deal Alert: responsAbility acquires minority stake in Punjab Renewable Energy Systems
Switzerland-based responsAbility Investments has picked up a minority stake in Mumbai-based Punjab Renewable Energy Systems (PRES), an organised fuel aggregation and supply companies focused on agriculture residue. responsAbility will receive…
The Rise of Cash Logistics Firms
From a Businessworld article: The big four in the business — CMS, Brinks, SIS-Prosegur and Writers — share 80 per cent of the market between them and, on an average,…
Deal Alert: Printland raises Rs 5-Cr from SIDBI and others
Delhi-based web to print solutions company Printland has raised Rs 5 crore in the form of debt and equity from Small Industries Development Bank of India (SIDBI) as well as…
Deal Alert: Jafco, Nexus invest $5.5 M in Series B round of social media tools firm Unmetric
Social media intelligence platform Unmetric has raised $5.5 million in Series B financing led by new investor JAFCO Asia with participation from existing investor Nexus Venture Partners. Unmetric raised $3.2…
Deal Alert: Helion, Kalaari invest $10-M in Series B for training & certification firm Simplilearn
Simplilearn, a provider of online training and professional certification courses, has raised $10 million in Series B funding from Helion Venture Partners and Kalaari Capital. The funding will allow the…
Deal Alert: Hyderabad Angels leads $200-K round for experiential travel site Thrillophilia
Bangalore-based online experiential travel marketplace Thrillophilia has attracted $200,000 in a round led by Hyderabad Angels. iLabs Venture Capital Fund, Navlok Ventures and CIIE (part of IIM-A) have also participated…
Deal Alert: Micro Housing Finance Corporation raises Rs.35-Cr from Unilazer, existing investors
Mumbai-based Micro Housing Finance Corporation (MHFC) has raised INR 35 crore in fresh equity from Unilazer Ventures and existing investors including India Financial Inclusion Fund and Michael & Susan Dell…