Deal Alert: Blue Star Infotech invests in analytics firm Activecubes
Publicly listed Software services and solutions provider Star Infotech has bought a stake in Activecubes Solutions India. Started in 2007, Bangalore-based Activecubes provides business intelligence and analytics services to clients…
Deal Alert: FirstPost acquires satire site FakingNews.com
Network18’s online news portal FirstPost.com has acquired FakingNews.com, a satire portal, for an undisclosed amount. FakingNews.com will remain as a standalone entity and founder Rahul Roushan will remain its editor.…
Deal Alert: Snapdeal acquires Sequoia backed Shopo.in
Online group buying service Snapdeal.com has acquired the assets of Shopo.in, a portal for Indian designer and handcrafted products. Shopo’s investors included Sequoia Capital and Sashi Reddi, among other angels.…
Deal Alert: HCG buys majority stake in fertility clinic BACC
Bangalore-headquartered cancer care specialist HealthCare Global (HCG) has bought a majority stake in the Dr Kamini A Rao-founded Bangalore Assisted Conception Centre (BACC). BACC currently has had four centres in…
Deal Alert: Online training & certification firm Edukart raises $500-K from Kima Ventures, others
Delhi-based Earth Education Valley Private Limited which runs online training and certification service Edukart, has raised $500,000 in seed funding from Kima Ventures, AKM Systems, One97 and angel investors. Edukart,…
Deal Alert: Blume invests in home furnishing portal Bedbathmore
Online home furnishing portal Bedbathmore.com, promoted by Encompass Design India Pvt Ltd, has raised Series A funding from Blume Ventures. Bedbathmore provides home furnishing products across various categories such as…
Deal Alert: Cigniti acquires testing services firm Gallop
Publicly listed Cigniti Technologies Ltd has acquired fellow Hyderabad-based, software testing services focused Gallops Solutions. The deal includes the acquisition of Gallop Solutions Private Limited and its US unit Gallop…
Deal Alert: Rajan Anandan, Harvard Angels invest in online blood donation service Socialblood
Karthik Naralasetty’s startup Socialblood, a platform that brings together blood donors and recipients, has received funding from Google India MD Rajan Anandan, Karthik Reddy of Blume Ventures, and Ravi Gururaj…
Deal Alert: Inventus, Mumbai Angels to invest $2-M in online tutoring service firm eDreams
eDreams Edusoft Pvt. Ltd., a Bangalore-based education technology company, has raised $2 million in a second round of funding from Inventus Capital Partners, with participation from existing investor Mumbai Angles.…
Deal Alert: US-based Concert Care acquires IT Services firm Novel Infosolutions
Tanveer Patel-promoted Concert Care, a Birmingham-based firm that helps modest-sized medical practices improve operations, will acquire Chennai-based Novel Infosolutions, a firm of 15 employees providing process automation solutions. The move…