Deal Alert: Intel Capital invests Rs.54-Cr in NxtGen Datacenter
Intel Capital has invested $9 million (Rs.54 crore) in Bangalore-based start-up NxtGen Datacenter and Cloud Technologies that offers data storage services to corporations in India. This is the first round…
Deal Alert: Snapdeal raises $75-M from Softbank
eBay-backed online marketplace Snapdeal has raised $75 million from Softbank. Three months ago, Snapdeal had closed a $75 million investment round from Ebay, Intel Capital, Russian venture fund ru-Net, Saama…
Deal Alert: Cookie Man buys ID restaurant chain from Sathyam Cinemas
Confectionary chain Cookie Man, promoted by SBP Pattabhi Rama Rao, has bought into ID (standing for idlidosa), started in 2010 by SPI Diners, an arm of Chennai’s theatre chain Sathyam…
Deal Alert: Handicrafts e-tailer Caravan Craft raises Rs 1-Cr from Unitus Seed Capital
Caravan Craft Retail Private Limited, a Bangalore based apparel and home décor company, has raised Rs 1 cr from United Seed Fund. Co-founded by former Hidesign Chief Executive Officer Kunal…
Deal Alert: Head Held High raises Rs.2.5 Cr; in talks to raise Rs.20-Cr
Head Held High Services Pvt Ltd has raised a first round of investment of Rs 2.5 crore from Unilazer Ventures, five angels from the Intellecap Impact Investment Network (I3N). The…
Deal Alert: Organic products e-tailer Organicshop.in raises capital from Rajasthan Angel Investor Network
Organic products e-tailer, Organicshop.in, has raised an angel funding of Rs 30 lakh from Rajasthan Angel Investor Network (RAIN). 13 investors from the network have picked up a total stake…
Deal Alert: Former Viacom 18 CEO Vikram Malhotra floats independent studio, raises Rs. 150-Cr
Vikram Malhotra, the former CEO of Viacom 18 Motion Pictures, has ventured into an independent studio model under the banner Abundantia. He has raised Rs.150 crore from two investors –…
Deal Alert: One97 acquires Plustxt
One97 has acquired Mumbai Angels- and Bangalore Angels-backed, Bangalore-based regional language messaging app startup, Plustxt. Plustxt allows text messaging in Indian languages including Hindi, Tamil, Telugu, Gujarati, Punjabi, Marathi, Malayalam…
Deal Alert: E-tailer Squarekey raises funding from 500Startups, others
New York & Mumbai based online lifestyle retailer Squarekey has raised funding from 500Startups and Devaraj Southworth, Executive Vice President of US-based payments firm Zipmark. Squarekey is a editorially driven…
Deal Alert: Saif invests in furniture e-tailer UrbanLadder
Bangalore based, online home decor retailer Urbanladder has raised Series A round of funding led by the Saif Partners. With this round of funding Deepak Gaur, Partner at Saif Partners…