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…
Deal Alert: RVCF invests in N1 Media Consultancy Pvt. Ltd
N1 Media Pvt Ltd engaged in the business of providing content in the field of news and sports videos to television channels apart from “Mobile” and “Online” markets raised undisclosed…
Deal Alert: SIDBI Ventures invests Rs.25-Cr in Glocal Health
SIDBI Venture Capital, via its Samriddhi Fund, has invested Rs.25 crore in Kolkata-based Glocal Healthcare Systems Pvt Ltd. PXV Law Partners and Kochhar & Co were advisors to the deal.…
Deal Alert: Stresed assets e-auctioneer NPASource.com raises funds from SIDBI
Ahmedabad-based Atishya Technologies Pvt Ltd, which runs NPASource.com, a portal focusing on resolution of stressed assets has received funding from the Small Industries Development Bank of India (SIDBI). The portal…
Deal Alert: O&M acquires digital marketing firm PennyWise
Ogilvy & Mather is to acquire a majority stake in Hyderabad-based digital marketing company PennyWise Solutions. Started by five alumni of the Birla Institute of Technology and Science (BITS), PennyWise…