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…
Deal Alert: OnMobile exits Ver Se
Bangalore-based listed Mobile VAS company OnMobile Global Ltd has made an exit from Bangalore-based mobile classifieds firm Ver Se Innovation, a company that it had originally incubated. OnMobile has sold…
Deal Alert: Netambit acquires atOnePlace and theBuyerPower
Financial services distribution company NetAmbit has acquired atOnePlace.com and theBuyerPower.com, real estate portals for Indian properties and property group deals. With this acquisition, NetAmbit expects to be able to expand…
Deal Alert: Raman Kumar invests $1.5 M in AI player Vestec
Canada-based Vestec, Inc. a player in cutting-edge Artificial Intelligence technologies, have secured a $1.5 million equity investment from V. Raman Kumar, founder and former CEO of MModal, the world’s largest…
Deal Alert: Instamojo raises funding from Blume Ventures
Instamojo, a website which allows users to buy and sell their digital goods has raised undisclosed amount of funding from Blume Ventures. The portal allows users to sell reports, code,…