Deal Alert: US firm Cadence acquires Cosmic Circuits
Cadence Design Systems, Inc., a leader in global electronic design innovation, has acquired Cosmic Circuits Pvt Ltd, a provider of analog and mixed signal intellectual property (IP) cores. Cosmic Circuits…
Deal Alert: Kabir Misra joins SoftBank’s new $250-M “PrinceVille” Asia fund
Kabir Misra, managing partner at SoftBank Capital and president/CEO of SB China and India Holdings, which manages Bodhi Investments LLC, has joined Softbank’s $250 million SoftBank PrinceVille Investments, L.P. fund.…
Deal Alert: E-learning firm MEdRC EduTech to raise Rs.30-Cr
Hyderabad-based Medical Education Research Centre for Education Technologies (MEdRC EduTech), an e-learning content production, multimedia software development and animation provider in the medical education space, is looking at raising Rs.30…
Deal Alert: Krithika Nelson quits Shopo.in, co-founder takes over as CEO
Krithika Nelson, one of the co-founders of Shopo.in, a Chennai based niche online store for handcrafted Indian products, has quit her position as the CEO of the company. Theyagrajan, the…
Deal Alert: Ma Foi buys 17.5% stake in Oviya MedSafe
Ma Foi Strategic Consultants has acquired 17.5% stake in Oviya MedSafe, a Coimbatore-based pharmacovigilance (a science that deals with adverse effects of medication) start-up company. Oviya MedSafe was founded by…
Deal Alet: Microsoft Accelerator announces 13 start-ups for its second batch
Out of 350 applications from various sectors, Microsoft has chosen 13 tech start-ups which will constitute the second batch of the Microsoft Accelerator for Windows Azure program in India. The…
Deal Alert: Unilazer Ventures leads Rs.53-Cr Series B funding for e-tailer LensKart
UTV founder Ronnie Screwvala-led Unilazer Ventures has invested Rs.53 crore (about $10 million) along with existing investor IDG Ventures India, in New Delhi-based Valyoo Technologies, which owns sites like LensKart,…
Deal Alert: Times Internet backed InstaMedia sold
Times Internet backed Instamedia, once a blog network with as many as 17 properties, has been sold. InstaMedia and Instapress were sold off to a Dubai based group, while one…
Deal Alert: HolidayIQ raises 3rd round from Tiger Global, Accel; de-merges from Singapore’s Wego
Hedge fund Tiger Global Management and VC firm Accel Partners have made their third round investment in travel and holiday information company, HolidayIQ. Tiger Global has invested an estimated Rs.26-30…
Deal Alert: Ixora Ventures invests in engg entrance test prep firm Learnpedia
Hyderabad-based provider of digitalized content for engineering test preparations Learnpedia has secured an investment from Ixora Ventures and a consortium of angels. Founded in 2012 by serial entrepreneur Krishna Rao…