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…
Deal Alert: Snow Leopard Tech Ventures invests in mobile payments firm LivQuik
Mumbai based payment technology startup LivQuik Technology (India) Pvt Ltd has raised funding from Snow Leopard Technology Ventures. The funds will be used to expand its team in engineering, operations…
Deal Alert: Curadev Pharma raises Rs 25 Cr
The FIPB has cleared Noida-based Curadev Pharma Pvt Ltd’s proposal to raise Rs.25 crores from a Venture Capital fund registered with SEBI. In March 2011 Curadev Pharma was incubated at…
The Bubble in Social Venture / Impact Investing
Economic Times has raised the “danger” flag on the bubble building up in the sector in a full page feature. “The hype around impact investing far outweighs reality,” warns Vineet…
Deal Alert: IAN incubates new cos
Indian Angel Network’s (IAN) virtual incubator has incubated eight new companies since January this year including: Evomo Research & Advancement: the Ahmedabad-based startup is building ‘Saavaj’, a rural utility vehicle…
Deal Alert: Sequoia invests Rs.3.22 Cr in online accounting services firm Reach Accountant
Sequoia Capital India has invested Rs.3.22 crores in Chennai-based online accounting services firm Reach Accountant. The company issues 10 equity shares and 6,143 preference shares of face value Rs.10 at…
Deal Alert: Times Internet acquires restaurant recommendation app firm Gawbl
Times Internet’s city guide TimesCity has “acqui-hired” the Pune-based restaurant recommendation mobile app Gawbl, which was launched four months ago on Android. The Gawbl team will be joining TimesCity’s mobile…
E&Y, Unitus Capital Top H1’13 League Tables among Transaction Advisors
Ernst & Young and Unitus Capital topped the Venture Intelligence India League Tables for the Most Active Transaction Advisors to Private Equity deals during the six months ended June 2013.…