Deal Alert: CashKaro to raise $750-K from UK angels
Cashkaro.com, a subsidiary of UK-based Pouring Pounds is to close its first round of funding of Rs 4.5-5 crore ($750,000) from a group of angel investors in London. Cashkaro is…
Mega buyouts prop PE investments to $2.3 B in Q2’13; 6 month figure drops 19%
Manufacturing Cos grab a third of pie; Deal Volumes remain flat QoQ; Goldman steps on the Gas Private Equity firms invested about $2,330 million across 82 deals during the quarter…
PE Investments in Real Estate Perk up in Q2’13
Private Equity-Real Estate firms made 13 investments (amounting to $318 million across 12 deals with disclosed values) during the quarter ended June 2013, according to the data from Venture Intelligence.…
Deal Alert: Streaming app maker Nityaa Labs selected for GSF Accelerator
Nityaa Labs, a Pune-based developer of AirStream, an app using which users can stream media content and other files from their PC to smartphone, has been selected to be a…
Deal Alert: Kalaari Capital invests Rs.22-Cr in app development firm Robosoft
Udupi-based mobile application developer Robosoft Technologies has raised Rs 22 crore in a first round of funding from Kalaari Capital. Robosoft creates mobile applications for external clients and also creates…
Why the Hungama about Hotels?
Businessworld has a Cover Story on why “Everyone wants to own a hotel in India. And that is leading to a complex mating ritual between all sorts of players”. Everyone…
Deal Alert: Gray Matters Capital invests in Unitus Capital
Bangalore-based impact investment bank Unitus Capital has raised capital from a consortium of investors led by social venture capital firm Gray Matters Capital. The proceeds from the second round of…
New Fund Alert: Pharma firm Cipla floats corporate venturing arm
Drug maker Cipla has launched Cipla Ventures, a new in-house division to invest in companies internationally, including from start-up hubs like Boston and London, in areas such as biotechnology, medical…
Deal Alert: K. Ganesh, Meena Ganesh acquire 35% in OnlinePrasad
GrowthStory.In, the investment arm of serial technology entrepreneurs, K Ganesh and Meena Ganesh, has picked 35% stake in OnlinePrasad, a Bangalore-based venture that delivers religious merchandise from temples to people’s…
Deal Alert: Minjar Cloud Solutions acquires social apps firm Adepto
Bangalore-based Minjar Cloud Solutions has acquired start-up venture Adepto Solutions, which offers a platform to launch customized applications on Facebook and other social media. Adepto had “pivoted” its business from…