Budget Alert: Tech incubators get access to corporate CSR pool
The funds provided to technology incubators located within academic institutions and approved by the Ministry of Science and Technology or Ministry of MSME will now qualify as CSR expenditure. The…
Getting to Series A
Gaurav Saraf of Epiphany Ventures has a post in StartupCentral guiding founders to solutions to getting around the current crunch for “Series A” (first round of VC investments). Venture Intelligence…
What should count as true traction
Sumanth Raghavendra, serial/parallel entrepreneur (currently founder of Q-Prize winner Deck App Technologies and Live Inbox and previously founder of Sabeer Bhatia- and SoftBank-funded InstaColl), has a great post on what…
Deal Alert: Network18 sells Yellow Pages, AskMe to Getit
New Delhi-based listed Network18 Group is to divest its premier local search businesses Infomedia Yellow Pages and AskMe to GETIT Infoservices Pvt. Ltd., a digital marketing company offering a platform…
Deal Alert: Startup accelerator GSF launches in Chennai
Startup accelerator GSF has announced the launch of its fourth location and investment cycle in Chennai, starting April 2013. GSF will be selecting four most promising companies in Tamil Nadu…
Deal Alert: Medfort Hospitals to raise $30-M through PE route
Medfort Hospitals, which specialises in eye care and diabetes care, is squaring up for its next round of private equity fund infusion. The chain led by Dr G S K…
Deal Alert: Frontier Lifeline Hospitals to raise Rs.500-Cr funding for medical park
Frontier Lifeline Hospitals is in talks with foreign institutions to raise about Rs.500 crore for setting up Frontier Mediville, India’s first medical science park. The funds will be used to…
Deal Alert: Ivycap Ventures invests in Reuters Market Light
IvyCap Ventures has invested in Reuters Market Light (RML), an information service created by Thomson Reuters targeted at India’s farming community. IvyCap will now become the lead investor in RML…
Deal Alert: Info Edge hikes stake in MeritNation to 54% via new Rs.30-Cr investment
Publicly-listed New Delhi-based Info Edge (India), which runs jobs site Naukri.com and other online services, has invested an additional amount of about Rs.30 crore in Applect Learning Systems Pvt. Ltd.,…
Deal Alert: Books trading portal BucketBolt scouting for funds
Apurva Wadhera-founded online book trading portal BucketBolt is looking to raise funding. The Mumbai-based company had graduated from the accelerator program at Gurgaon-based GSF Accelerators last year. Source: Economic Times…