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,…
Deal Alert: Incubation center coming up at Bangalore biotech park
An incubation center and common instrumentation facility are being set up at the biotech park, Bangalore Helix, which is being developed by the Karnataka government with financial assistance from the…
Deal Alert: Nepra Resource Mgmt raises funding from Aavishkaar
Aavishkaar Venture Fund has acquired a 15% stake in Ahmedad-based social enterprise Nepra Resource Management Pvt. Ltd., which is involved with waste collection. The company expects a Rs.100 crore turnover…
Deal Alert: Vinod Khosla-backed MokshaYug looks to raise $10-M
MokshaYug Access, a rural supply chain enablement company in the dairy segment, is looking to raise Rs.50-60 crore by the second half of 2013. The company had earlier raised Rs.40…
Deal Alert: Sai Silks to raise Rs.89-Cr via IPO
Hyderabad-based jewelry and textile player Sai Silks (Kalamandir) is planning to enter the capital market towards the end of February to raise Rs.89 crore. The proceeds will be used to…