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…
Deal Alert: Aarin Capital, Navam Capital invest Rs.10.5 Cr in cancer drug firm Invictus
Invictus Oncology Pvt. Ltd has raised Rs.10.5 crore from investors Navam Capital and Aarin Capital in its first round of fund-raising. The company develops chemotherapy models and will deploy the…
Deal Alert: Nexus Venture Partners invests in Unicommerce
Unicommerce raises funding from Nexus Venture Partners Unicommerce, India’s leading provider of SaaS based order management and fulfillment platform today announced that it has received funding from Nexus Venture Partners,…
Fund Alert: Infuse holds first close at Rs.75-Cr
Infuse Ventures, an India-centric investment fund to support start-ups in the sustainable energy and clean technology sector, which is raising a Rs.125 crore fund, had its first closing at Rs.75…
Deal Alert: Infuse, IFC invest $1.6 M in smart grid tech firm Ecolibrium
Infuse Ventures, an India-centric investment fund to support start-ups in the sustainable energy and clean technology sector, along with International Finance Corp (IFC), has invested $1.6 million in smart grid…
Deal Alert: EDA software firm SoftJin sells Photomask, Lithography units to US-based Mentor Graphics
SoftJin Technologies Private Limited, a Bangalore-based company providing “EDA” software and design solutions enabling semiconductor design and manufacturing, has sold its Photomask and Lithography related Software Products business to Mentor…
Deal Alert: Rediff reveals realization from Adnear stake sale as $1.14 M
Rediff.com has sold its stake in Adnear (previously known as Imere), a location based company which it had bought a minority stake in, in 2009, for $1.14 million. The sale…
Deal Alert: Kae Capital picks up minority stake in CultureAlley.com
Seed fund Kae Capital has invested in Jaipur-based Intap Labs Pvt. Ltd for a minority stake. Intap Labs, a year-old start-up, runs a language-learning platform CultureAlley.com that it launched in…