Deal Alert: Online marketplace Tradus appoints fmr Seventymm CEO Mudit Khosla as its head
Former SeventyMM CEO Mudit Khosla has been appointed as the CEO of Tradus.com, the online marketplace operated by Naspers and Tencent -owned Ibibo Group (MIH India).Khosla had stepped down as…
Deal Alert: SIDBI Venture Capital to invest Rs.10-Cr in Mitcon Consultancy
SIDBI Venture Capital Ltd will invest about Rs.10 crore in Pune-based Mitcon Consultancy and Engineering Services Ltd when the firm launches an initial public offer (IPO) in March to raise…
Deal Alert: Pearson hikes TutorVista stake to 100%
Media and publishing firm Pearson has acquired the remaining 20% stake in TutorVista. It now completes 100% ownership in the Bangalore-based learning services company. In 2011 Pearson acquired 80% stake…
Fund Alert: SAIF launches brainstorming initiative for startups
Multi-stage venture capital investor SAIF Partners, in a move to engage more closely with early stage companies, has launched an initiative called SAIF Doubleclick. The initiative involves inviting 15-20 startups…
Deal Alert: Info Edge acquires additional stake in Zomato.com for Rs.55-Cr
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.55 crore in shares of Zomato Media Pvt.…
Deal Alert: Globsyn in talks with VCs to finance regional movies
Globsyn Technologies, the Kolkata-headquartered group with interests in software technology, knowledge and education, skills development and IT infrastructure, is in talks with a number of leading private equity (PE) and…
Deal Alert: LifeCell Intnl raises Rs.35-Cr from Helion Venture Partners
Stemcell banking firm LifeCell International Pvt Ltd has raised around Rs.35 crore from Helion Venture Partners, diluting a minority stake in the company. The fund would be used towards increasing…
Deal Alert: India Quotient invests in online portal for canines Dogspot.in
Anand Lunia founded angel fund, India Quotient has invested in DogSpot, a pet-related portal where one can find everything related to dogs. DogSpot was founded in 2007 by Rana Atheya…
Deal Alert: RedBus scouting for $20-M in PE funding
Bangalore-based Pilani Soft Labs, which runs online bus ticket booking portal redBus.in, is looking at raising $20 million through the PE route. The company, started by three BITS Pilani graduates…
Deal Alert: GCM Securities files for Rs.12-Cr IPO
Kolkata-based GCM Securities has filed for DRHP to issue 60,90,000 equity shares at Rs.20 per share aggregating to Rs.12.18 crore forming 32.07% of the post issue paid up equity share…