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…
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…