Fund Alert: Contrarian Capital to raise $50-M Social VC fund
Contrarian Capital India Partners’ debut fund, called Contrarian Opportunities Fund I, is targeting a corpus of $50 million and will seek to make early stage impact investments. The fund will…
Deal Alert: Ace Tours files for IPO
Surat-based travel agent Ace Tours Worldwide Ltd. has filed the DRHP for an IPO of 50,00,000 equity shares at a cash price of Rs.16 per share aggregating to Rs.8 crore,…
Deal Alert: Kae Cap, Blume, Mumbai Angels invest in app development software firm ShepHertz
VC firms Kae Capital and Blume Ventures and Mumbai Angels have invested in Mumbai-based ShepHertz Technologies. ShepHertz — which provides a cloud-based, back-end technology platform for developers to make, deploy…
Deal Alert: Helion, Ventureast invest in IRM tech firm Seclore
Helion Venture Partners and Ventureast Proactive have made a joint investment in Seclore, a Mumbai-based Information Rights Management (IRM) and secure outsourcing systems firm. Seclore, which has been in the…
Deal Alert: Mobile video firm Apalya raises $10-M from Cisco, others
Mobile video company Apalya Technologies has raised $10 million from Cisco, along with other investors like IDG Ventures India, Indo US Venture Partners and Qualcomm. Cisco has also added Apalya’s…
Deal Alert: Commodities trading software firm Eka acquires Canada’s EnCompass
Bangalore-based Eka Software Solutions, a global provider of advanced commodities and energy trading and risk management technologies (CTRM & ETRM), has acquired Calgary, Canada-based EnCompass Technologies. Established in 1993, EnCompass…
Deal Alert: Rajan Anandan, Harvard Angels commit to 4 investments
StartupRoots, initiated by 10,000 Startups in association with NextBigWhat, has helped four start-ups to raise spot funding from angels investors, including Google India MD and angel investor Rajan Anandan. Bangalore-based…
Fund Alert: Unitus sets up Rs.50-Cr social sector fund
Unitus Seed Fund is launching a new Rs.50 crore early-stage domestic fund backed. Former Infosys senior executive Mohandas Pai and Manipal Group scion Ranjan Pai have cumulatively committed $2 million…
Fund Alert: 5ideas closes first seed fund Startup Superfuel
5ideas announces the first close of Startup Superfuel, a seed stage fund that provides early stage tech start-ups a blend of human, financial and social capital. Start-up Superfuel is the…
Deal Alert: Beauty products etailer Purplle.com raises Series A funding
Mumbai based beauty and skincare e-retailer Purplle.com has recently closed a Series A funding from non-VC investors, to follow up on its angel round last year. Founded by Manish Taneja…