PE/VC Firms vie with Middle East Investors for piece of Indian Agri-Businesses
Agri-Biz Investments rise 75% in first 6 months of 2013 Last week, publicly listed packaged rice exporter Kohinoor Foods agreed to sell a 20% stake for almost Rs.113 crores ($18.8…
Deal Alert: Price comparison engine FindYogi raises $100-K from Way2SMS founder
Bangalore-based price comparison website FindYogi has raised $100,000 in seed funding from Raju Vanapala, the Founder & CEO of Way2SMS, an SMS based messaging service provider. FindYogi helps customers make…
Deal Alert: VentureNursery adds five cos to 3rd batch
Accelerator VentureNursery has kicked off its third batch with five start ups: Catapooolt: crowd-funding platform focused on movies, music and entertainment projects, offering a 3-tier reward system. Entrepreneurs can use…
Deal Alert: Goa based PowerStores raises $2-M from Hong Kong investor
Goa based e-commerce enabler PowerStores has raised around $ 2 million funding from a Hong Kong-based angel investor. The portal allows businesses to create and manage content and e-commerce based…
Deal Alert: Invest India raises funds from KfW
German-state owned development bank KfW has acquired a 30% stake in Invest India Micro Pension Services Private Limited (IIMPS). Other major existing shareholders of IIMPS are UTI Asset Management Company…
Deal Alert: Forum Synergies and Axon Capital invest Rs.20-Cr in electric bike company Ampere
Coimbatore-based electric bike company Ampere has raised its first round of funding of Rs 20 crore from Forum Synergies and Spain’s Axon Capital in return for a minority stake. The…
Deal Alert: Commodities trading software maker Eka acquires Australian firm MatrixGroup for $20-M
Bangalore-based commodity software maker Eka Software Solutions has invested $20 million (Rs. 120 crore) to completely acquire MatrixGroup, an Adelaide, Australia-based commodity handling software vendor in an all cash deal…
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,…