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…
Deal Alert: RJ Bio-Tech files for Rs.50-Cr IPO
Aurangabad-based R J Bio-tech has filed for DRHP to issue 25,02,000 equity shares at Rs.20 per share aggregating to Rs.50 crore, constituting 26.43% of the post issue paid up equity…
Deal Alert: Madhuri Dixit to launch online dance academy
Bollywood actor Madhuri Dixit and her husband Shriram Nene have unveiled online dance academy, Dance with Madhuri, to tap into an unexplored market by making the most of Madhuri’s brand…
Deal Alert: Tata Elxsi, Get2Volume partner to grow start-ups
Tata Elxsi and Get2Volume are to partner to incubate and grow technology companies in India and Singapore. Design company Tata Elxsi recently launched incub@TE, an incubation centre program to nurture…
Deal Alert: CIIE, Village Capital launch Tech for Impact accelerator
CIIE, IIM Ahmedabad’s startup incubation arm, and Village Capital have teamed up to launch an acceleration program for startups focused on technology for impact. The accelerator will focus on for-profit,…
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…