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 $20 million through the PE route. The company, started by three BITS Pilani graduates…
Deal Alert: GCM Securities files for Rs.12-Cr IPO
Kolkata-based GCM Securities has filed for DRHP to issue 60,90,000 equity shares at Rs.20 per share aggregating to Rs.12.18 crore forming 32.07% of the post issue paid up equity share…
Deal Alert: Ashapura Intimates Fashion files for Rs.21-Cr IPO
Mumbai-based Ashapura Intimates Fashion Ltd., which runs the brands Valentine, N-Line and Night & Day, has filed for DRHP to issue 52,50,000 equity shares at Rs.40 per share aggregating to…
Deal Alert: Healthcare entrepreneurs launch incubator HealthStart
A team of healthcare entrepreneurs led by Pradeep Jaisingh has launched an incubator called HealthStart. The incubator will have a multi-city model and invest up to Rs.60 lakh for a…
Deal Alert: Access’ investment in Nobel Hygiene Limited
Access India Fund and its co-investors have closed the first tranche of a US$ 11.5 Mn investment in Nobel Hygiene Limited. About Nobel Hygiene Limited Nobel Hygiene Limited (www.nobelhygiene.com), is…