Deal Alert: SVG Media invests in “India entry” digital media firm PlatformPlay
Digital media network SVG Media has invested in NetworkPlay cofounder Rammohan Sundaram’s second entrepreneurial venture, PlatformPlay. The new company, PlatformPlay Media Ventures Pvt. Ltd., will act as an entry point…
Deal Alert: Info Edge acquires semantic search firm MakeSense for Rs.8-Cr
New Delhi-based listed Info Edge (India) Ltd. has acquired Makesense Technologies Pvt. Ltd. for about Rs.8 crore. MakeSense has developed proprietary software for semantic search, which is expected to augment…
Budget Alert: Tax break for SEBI-registered angel investors
SEBI will prescribe requirements for angel investor pools by which they can be recognised as Category I AIF venture capital funds Venture Capital Funds have been allowed pass through status…
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…