Deal Alert: InMobi acquires UK mobile location & context tech startup Overlay
Bangalore-based InMobi has acquired Overlay Media, a UK-based mobile location and context tech startup. Overlay Media, which comprises of a team of data scientists, has built the Context Engine technology…
Deal Alert: Shriram Group to float VC, angel funds
Chennai-based Shriram Group is floating a venture capital fund and an angel fund. The group is also reviving its mutual fund business and getting into investment banking. The first two…
Deal Alert: Biotech association forms angel fund
The Association of Biotechnology-Led Enterprises (ABLE) has formed the Biotech Angel Network to help biotech entrepreneurs find investors or HNIs with money as well as knowledge on the biotech industry…
Deal Alert: Dialysis chain DCDC in talks to raise $5.5 M
DCDC Kidney Care, a New Delhi-based dialysis chain, is in talks with PE/VC funds to raise $5.5 million for funding its geographical expansion. Currently, DCDC Kidney Care has eight centers…
Deal Alert: Sunstar Realty Development files for IPO
Mumbai-based realty development company Sunstar Realty Development has filed an IPO of 53.10 lakhs equity share of Rs 10 each at a price of Rs 20 aggregating to Rs 10.62…
Deal Alert: Subh Tex files for IPO
Mumbai-based textile company Subh Tex (India) Private Limited has filed for an IPO of 75 Lakhs shares of Rs 10 each at Rs.20 per share aggregating to Rs 1500 lakhs.…
Deal Alert: Telemedicine startup Drishti Eye Care raises funding from Lok Capital
Drishti Eye Care has raised a first round of funding from Lok Capital. The company plans to use the funds to extend its service to underserved geographies of Karnataka. Drishti…
Deal Alert: Ping Digital Broadcast raises angel funding
Mumbai-based Ping Digital Broadcast has raised its first angel round of funding from two investors – Ashwin Dhamera, former founder of Travelguru, and Ankur Daga, CEO of Angara.com, a New…
Deal Alert: NSIC to set up three more incubation centers in Odisha
National Small Industries Corporation (NSIC), a mini-ratna government enterprise, has drawn up a plan to set up three more incubation centers in Odisha in the PPP (public private partnership) mode…
Deal Alert: eBay to invest in Snapdeal: report
Online marketplace eBay Inc is considering a minority investment in Snapdeal. eBay could join other existing investors led by Bessemer Venture Partners in the latest round of funding for the…