Deal Alert: AcceleratorHK now open to Indian startups
Hong Kong startup accelerator AcceleratorHK is announcing the second iteration of its 14-week program. The accelerator is accepting applications, both from local and overseas startups, between April 9 and April…
Deal Alert: Eventifier raises funding from Kae Capital
Eventifier, a Mangalore based startup promoted by Jazeel Ferry, Nazim Zeeshan and Mohammed Saud, has raised a round of funding from Kae Capital. Eventifier allows a user to collate all…
Deal Alert: Babycare e-tailer Babyoye acquires competitor Hoopos; raises $12-M
Online babycare products e-tailer Babyoye has acquired its competitor Bangalore-based Hoopos in an all stock deal. The merged entity has also raised funding of $12 million (Rs.64.8 crore) led by…
Deal Alert: Technology for Impact Accelerator announces the first batch of 16 startups
The Technology for Impact Accelerator program for business creating social impact, an initiative by CIIE- IIM Ahmedabad and Village Capital, has announced its first batch of 16 startups. The accelerator…
Deal Alert: Utkarsh Micro Finance raises Rs.20-Cr from existing investors
Varanasi-based microfinance institution Utkarsh Micro Finance has closed a Rs.20 crore round of equity financing led by existing investors Aavishkaar Goodwell, IFC and Norwegian Microfinance Initiative (NMI). The NBFC will…
Deal Alert: Inventus leads Rs.27-Cr Series B for Policybazaar.com
Gurgaon-based Etechaces Marketing and Consulting Pvt. Ltd., which runs online financial services platform Policybazaar.com, has secured about Rs.27 crore ($5 million) of Series B funding. The funding, led by Inventus…
Deal Alert: mPOS solution provider Mosambee raises $1-M from SIDBI Ventures
Mosambee, a Mumbai based mPoS solution provider, has raised seed funding of around $1 million from SIDBI Ventures. The funding will be used for marketing and scaling of services. Last…
Deal Alert: Myntra acquires US-based ‘virtual dressing room’ firm FITIQUETTE
Online fashion and lifestyle products retailer Myntra has acquired San Francisco based technology platform provider FITIQUETTE. The acquisition was made partly in stock and partly in cash. FITIQUETTE has developed…
Deal Alert: Japan’s Adways to acquire 66% stake in internet marketer vCommission
Adways Inc, an affiliate marketing firm listed on the Tokyo Stock Exchange, has acquired 13.8% in Indian Internet marketing company VC Internet Media, which operates an affiliate advertising network vCommission.…
Deal Alert: MFI Satin Creditcare raises Rs.41-Cr; Lok Capital exits
New Delhi-based microfinance institution (MFI) Satin Creditcare Network Ltd. (SCNL) has raised Rs.41 crore from VC firms MicroVest II, LP, ShoreCap ll Ltd and Danish Microfinance Partners K/S. The promoter…