Deal Alert: Omidyar Network picks up 29.33% in retail sector lender Neogrowth for Rs.17-Cr
Omidyar Network, via ON Mauritius Business, has picked up a 29.33% stake in NeoGrowth, a Mumbai-based NBFC which lends to small and medium sized retailers, for Rs.17 crore. NeoGrowth has…
AZB & Partners, Khaitan & Co. Top H1’13 League Tables
AZB & Partners topped the Venture Intelligence India League Tables as the Most Active Legal Advisor for Private Equity deals during the six months ended June 2013. With 74 qualifying…
Deal Alert: IAN invests in IndiaCollegeSearch
The Indian Angel Network (IAN) has invested in IndiaCollegeSearch (ICS), an online service that helps students with college admissions. IAN members investing in the company include Vikram Kant Upadhyaya, Anupam…
Deal Alert: Gozoop buys digital media agency Red Digital for Rs.7-Cr
Mumbai-based social media agency Gozoop has bought Bangalore-based Red Digital, a media agency with clients across the entertainment and technology industries, for about Rs.7 crore. Red Digital currently manages digital…
Deal Alert: Tandem Capital invests in mobile commerce platform Shoptimize
Mobile accelerator Tandem Capital has added Shoptimize, a Pune-based mobile commerce platform for its six month program. Targeted at traditional merchants in emerging markets, Shopitimize is a mobile first SAAS…
Deal Alert: Online graphic art marketplace Crude Area secures funding
Mumbai-based online graphic art marketplace Crude Area has raised angel funding from a clutch of investors including the founders of Webchutney and two angel investors from the US. The funds…
Deal Alert: Online price discovery platform Wicfy raises follow-on investment
Pune-based shopping discovery platform Wicfy has secured follow-on funding from multiple investors including Silicon Valley–based Ecosystem Ventures, Everest Management Fund (Switzerland) and angel groups based out of Singapore and India.…
Deal Alert: Preventive diagnostics firm Xcode raises addl Rs.1-Cr from Shead Holdings, others
Chennai-based preventive diagnostics start-up XCode has raised Rs 1 crore in additional angel funding from US-based Shead Holdings and an individual investor. The capital will support the company’s upcoming launches…
Deal Alert: Shared cab service Cubito raises angel investment
Goa-based Cubito, which offers shared cab services, has raised over Rs.1 crore in angel investment and has expanded its services to Bangalore. Cubito pools people sharing the same route and…
Deal Alert: Tata Elxsi incubates business telephony firm Big V Telecom
Tata Elxsi, part of the $100 billion Tata group, has inducted business telephony solutions provider Big V Telecom into its incubator programme. Big V telecom is founded by Keshor Daga,…