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,…
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…