Legal Corner: Investor Veto: Right without a Remedy?
Veto or affirmative rights are designed to prohibit an investee company from acting on matters which are meant to protect the value of an investor’s investment without the approval of…
Deal Alert: Online corporate gifting firm Giftxoxo raises funding from Kshatriya Ventures
Bangalore-based Nreach Online Services Pvt Ltd, which operates online gifting platform Giftxoxo.com, has raised angel funding from Kshatriya Ventures. The funds will be used to expand the company’s operations in…
Deal Alert: Flipkart raises $200-M from existing investors
E-commerce major Flipkart has secured a fresh round of funding $200 million from existing investors Naspers, Accel Partners, Tiger Global and ICONIQ Capital. The deal values Flipkart at $1.5 billion,…
Deal Alert: Tata Capital invests in cloud-based file sharing firm Vaultize
Vaultize, a Pune based enterprise file sharing and sync (EFSS) and mobility vendor, has raised funding from Tata Capital Innovations Fund. Founded by Anand Kekre in 2010, Vaultize provides a…
Deal Alert: E-com enabler IndiaOrders raises capital from Vijay Group
IndiaOrders, an online platform for offline stores, has raised funding from Vijay Group, a real estate company in Mumbai owned by Ateev Gala. With its affiliate model, Mumbai- and Pune-based…
Deal Alert: Pluss Polymers raises Rs.15-Cr from Tata Capital
Gurgaon-based Pluss Polymers has raised Rs 15 crore in venture capital funding from Tata Capital Innovations Fund, a fund managed by Tata Capital, to help the company in its research,…
Deal Alert: Student rental listings firm Flat.to raises funding from Aakrit Vaish
Mumbai-based real estate listing website Flat.to has raised funding from Aakrit Vaish, Director of Flurry India and an angel investor. It has also officially launched the website after running it…
Deal Alert: GramVaani raises US$500-K from IAN, others: report
Delhi-based social tech company GramVaani has raised $500,000 in its first equity investment round from Indian Angel Network and a few other investors. GramVaani, started in 2009, is a social…
Pros and Cons of SEBI’s New Rules for Angel Investments
StartupCentral has a nice roundup of the +ves and -ves of the newly announced rules here along with an article by “Super Angel” K.Ganesh here. Venture Intelligence is the leading…
Perk up in public markets aids PE exits in Q2’13
JustDial IPO fetches over 10x return for SAIF; TPG exits Shriram Transport Finance with over 6x Private Equity firms obtained exit routes for their investments in 29 Indian companies during…