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…
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…