Deal Alert: Burrill & Co. invests in bioinformatics firm Strand Life Sciences
San Francisco-based Burrill & Company has completed a Series B round of financing in Bangalore-based Strand Life Sciences. Burrill, a diversified global financial services firm focused on the life science…
Deal Alert: MasterCard acquires stake in Mu Sigma
MasterCard Advisors, a division of NYSE-listed MasterCard, has acquired an equity stake in Bangalore-based analytics firm Mu Sigma. The partnership seeks to combine MasterCard Advisors’ purchase behavior insights with Mu…
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…