Deal Alert: XBT Holdings acquires IT services firm IBEE Solutions
Global hosting and network solutions provider XBT Holdings has acquired Hyderabad-based app development firm IBEE Solutions. This acquisition will enable XBT to create web development and mobile application services to…
Deal Alert: Lok Capital, Aavishkaar invest Rs.20-Cr in Suryoday Microfinance
Chennai-based Suryoday Microfinance has raised Rs.20 crore led by existing investors Aavishkaar Goodwell and Lok Capital. It will use the capital infusion to strengthen its presence in Maharashtra, Tamil Nadu,…
Deal Alert: Nirvana joins Bessemer in acquiring healthcare IT firm HealthSprint
Bessemer Venture Partners has been joined by Nirvana Venture Advisors to acquire Bangalore-based healthcare IT services company HealthSprint. The investors acquired the founders’ stake and inducted a new management team…
Deal Alert: Travelmasti acquired by Via
New Delhi-based travel package site TravelMasti has been acquired by Bangalore-based Via. The company, which had raised funding from BCCL in 2007, is present (offline) in Dehradun, Rajkot, Jamnagar and…
Deal Alert: Helion in talks to invest Rs.19-Cr in security tech firm Seclore
Venture capital firm Helion Venture Partners is in talks to invest in security software company Seclore Technology, which was incubated at IIT Bombay. Helion will invest Rs.19 crore ($ 3.5…
Deal Alert: Seventymm appoints Bhawna Agarwal as CEO
Fashion & lifestyle e-commerce company Seventymm.com has appointed Bhawna Agarwal as its CEO, replacing Mudit Khosla. Prior to Seventymm, Agarwal was a founding member of the management team at Yatra.com.…
Deal Alert: HPC Biosciences files for IPO
New Delhi-based HPC Biosciences has filed the DRHP to issue 45,00,000 equity shares at Rs. 35 per share aggregating to Rs. 15.75 crore, forming 28.30% of the post issue paid…
Deal Alert: Presentation software firm authorSTREAM to merge back into WizIQ
authorSTREAM, a Mohali-based online platform that PowerPoint users use to share presentation based content, is to merge into online education platform firm WizIQ, which is operated by authorGen (from which…
Deal Alert: Online mobile phone price discovery engine Pricebaba raises capital
Mobile phones shopping focused price discovery engine, Pricebaba has raised angel investment from a group of five entrepreneurs. The round was led by Karamveer Singh of Aayush Software (who had…
Deal Alert: Global Environment Fund invests in iClean
Global Environment Fund, through South Asia Clean Energy Fund (SACEL Holdings II) has invested in Hyderabad-based Integrated Cleanroom Technologies (iClean). Rajesh Pai and Alipt Sharma of Global Environment Fund have…